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ARTEMISEA Intermarine | From US$ 129,500/wk

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ARTEMISEA Intermarine | From US$ 129,500 /wk

Luxury charter yacht ARTEMISEA (ex BALAJU, PRINCESS ANNA) is a 44 (146') 2002 Italian Intermarine luxury motor yacht, refitted in 2024. ARTEMISEA, whose interiors have been designed by Arch. Zuretti has used simplicity as the guiding principle behind the yacht's clean lines: there is a complete absence of mechanical structures on deck: the tenders are invisible, as is much of the deck equipment, and maximum space is dedicated to guest's use. Accommodation onboard is offered for up to 10 guests in 5 cabins with a crew of 9.

NOTABLE FEATURES OF ARTEMISEA: ~ Bright & airy interiors ~ Ideal for family charters ~ Array of water toys ~ Bar ~ Swim platform ~ Spa pool ~ Bbq ~ Alfresco dining area ~ Air-conditioning ~ Wi-fi

Enter through automatic aft sliding doors into the main salon or through double hinged doors on the starboard side. Relax in the two white overstuffed sofas and three blue armchairs. The dining area and main can be divided with sliding doors and an electrically operated opaque screen. There is a large oval dining table with comfortable seating for 12, with Lalique chandelier overhead.

The large curved seating area and cocktail table, with access to the swim platform, are located on the aft deck.

The Spa pool is situated on the flybridge, and ample sunbeds will appeal to guests, as will the swimming platform, from where the tenders and the jet skis are available at anchor. There is aft seating with cocktail tables and shade umbrellas and the stereo sources from sky lounge.

Aft of the bridge deck is the sky lounge, which had a marble/leather bar, fixed sofa on the starboard side, two low tables and one game table. Aft sliding door leads to large dining table on the bridge aft deck. There is a retractable large Sony 42” flat screen TV/CD/DVD/VCR/Stereo. Day head forward.

The design of this superyacht was created with maximum privacy for guests: the service spaces (galley, laundry, etc.) are completely segregated from the guests living areas. Also, the accesses and passageways dedicated to the crew (located on the left side of the yacht) never cross those dedicated to the guests (located on the right side). The practical aspects of navigation are hidden (no control station is installed on the sun deck, as usual on yachts of this size), and discretion is the key to the layout.

A full-width master suite occupies the forward third of the main deck, with the open-plan main salon and dining area aft. The upper deck lounge opens onto a large and shaded external deck, allowing for informal alfresco meals and drinks from the full bar, with privacy from the quayside. Four guest suites are located on the lower deck, with a dividing bulkhead between the aft pair opening to form a vast VIP suite should the occasion demand it.

ARTEMISEA is a very child-friendly family boat and has a crew of 9 to take care of everything, while guests can relax and entertain in style.

Motor yacht ARTEMISEA provides a comprehensive array of water sports equipment, including Water Skis, Wakeboards, Kneeboards, Towables from 1 to 4 persons, 6-person Banana, Wind Surfing, Kite Boarding, See-through kayaks, Trampoline with slide and extensions, etc. All water sports equipment in an array of sizes from small children through adult.

ARTEMISEA Specifications

Fitted with a pair of CAT 1300hp engines, this yacht can reach a top speed of 16 knots and a cruising speed of 12 knots.

Yacht Charter Accommodation

PRINCESS ANNA offers accommodation for 10 guests in 5 cabins.

Charter Amenities and Extras

Tenders & Toys: ~ 1 x 5m Novamarine Jet Tug/115hp diesel inboard Castoldi jet drive ~ 2 x Yamaha Waverunners EX 1050 ~ 1 x Riot 3-Person Towable Tube ~ 1 x Wakeboard (75kgr) ~ 2 x SUP ~ 1 x Seabob F5 S ~ 1 x Inflatable platform ~ More toys TBA

Charter Yacht Disclaimer

This document is not contractual. The yacht charters and their particulars displayed in the results above are displayed in good faith and whilst believed to be correct are not guaranteed. CharterWorld Limited does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information and/or images displayed. All information is subject to change without notice and is without warrantee. A professional CharterWorld yacht charter consultant will discuss each charter during your charter selection process. Starting prices are shown in a range of currencies for a one-week charter, unless otherwise marked. Exact pricing and other details will be confirmed on the particular charter contract. Just follow the "reserve this yacht charter" link for your chosen yacht charter or contact us and someone from the CharterWorld team will be in touch shortly.

ARTEMISEA Enquiry

Hi Trina, We really loved this trip. The yacht was amazing, with all area useable. The crew was the best so far. They really went above and beyond, which made us enjoy this trip just a little bit more than all the others. This boat and crew really is amazing. Thanks again for helping us out on this trip. We are thinking about going to Croatia in late summer or early fall. Keep an eye out for a good yacht for us. M/Y BALAJU / Dec 30 – Jan 10 / Bahamas

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328' Alarnia 2023

Fort lauderdale, fl, us, 308' azimut 2022, fremantle, wa, australia, $10,900,000, 262' benetti 2024 simon fraser, genova, italy, 262' isa 2025, ancona, it-an, italy, 262' oceanco 2019 y701, €79,750,000, 262' admiral 2024 galileo 80, carrara, italy, 257' abeking & rasmussen 2011 amaryllis, nassau, bahamas, €89,000,000, 255' custom 1962 hansa, karlskrona, sweden, 249' custom 1972 lady sarya, monaco, monaco, €12,000,000, 243' lurssen 2007 global, la ciotat, france, €79,000,000, 243' lurssen 2017 aurora, dubai, united arab emirates, €130,000,000, 240' delta marine 2006 laurel, west palm beach, fl, us, $69,500,000, 235' custom 1983 nansen explorer, kristiansund, norway, €15,900,000, 230' admiral 2024 galileo 70, 226' custom 2024, €70,000,000, 223' custom 2025, €95,000,000, 220' heesen 2023 yn20067, rotterdam, netherlands, €99,000,000, 213' admiral 2024 admiral 65m u force, 210' sirena 2017 my kokomo 64' 2017, ancona, italy, 210' custom 2011 running on waves, athens, greece, €17,500,000, 209' royal denship 2006 cupani, palma, balearic islands, spain, $29,950,000, 209' vsy 2020 atomic, phillipsburg, saint martin, $63,000,000, 207' delta 2025 project metaverse, seattle, wa, us, $95,000,000, 203' sarp yachts 2025 project nacre, antalya, turkey, €45,000,000, 203' crn 2020 my voice, €65,000,000, 202' amels 2003 calypso, la ciotat, france, €40,000,000, 201' custom 1973 voyager, la seyne-sur-mer, 83, france, 200' custom 2025, 198' alia yachts 2016 samurai, miami, fl, us, €44,000,000, 198' leapher 2025 horizon, tolkamer, netherlands, compare yachts.

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Italian Superyacht Designed for Family Yacht Charter Holidays

VESSEL SPECIFICATIONS

Toys and tenders.

29 foot (8.8 meter) Cigarette towed tender with 2 x 250 horsepower engines 14 foot (4.5 meter) Novamarine Jet Tug with 115 horsepower inboard with Castoldi jet drive Waverunner Stand up jet ski Waterskis 2 Wakeboards Kneeboards Towable toys Banana (6-person) Snorkel gear Windsurfer Kiteboard Sea kayak Trampoline with slide and extensions 2 Bicycles Treadmill Elliptical machine Stationary bike 2 Step-Blocks 2 Yoga Mats WiFi Wii XBox Flat screen televisions, DVD players, CD, and Stereos throughout

WHO IS BALAJU?

She is a specific charter design.  Motor yacht BALAJU features three decks. For instance, for sunning, dining, and socializing.  She is the perfect platform for a family vacation at sea.  She features a series of hidden passages and a butler’s pantry on the bridge deck.  The crew efficiently attends to all guests’ needs.  Further, the guests enjoy their privacy and family time. Alfresco dining is a favorite aboard this Intermarine yacht, with options available on every deck.

ARCHITECTURE

Balaju is an Italian build.  She has classic styling credited to the in-house naval architecture and exterior design team at Intermarine.  Interior styling by Francois Zuretti.  Zuretti’s contemporary look gives the interior spaces a light and airy feel.

ACCOMMODATIONS

The yacht features 5 luxurious en suite staterooms.  The full-beam master suite on Balaju has a King berth and is on the main deck.  Two Queen and two twin staterooms are below.  All bathrooms feature Italian marble.

A Collection of Charter Yachts Featuring Interiors by Francois Zuretti

SOCIALIZATION AREAS

For indoor socializing, the comfortable sky lounge invites guests to relax on the settees. Additionally, enjoy a card game at the game table, or have an intimate conversation at the bar.  Ready to catch some sun?  Balaju’s full-length sundeck is the place to be. It features a massive sunbed. To illustrate, forward of the Jacuzzi spa tub.

BEACH CLUB AND WATERTOYS

A beach club far aft opens to a large swim platform. Specifically, this area serves as the ideal launching point for water sports. It has easy access to the ocean.  The yacht has many recreational toys. For instance, jet skis, water skis, towable toys, a climbing mountain, and an ocean trampoline. In addition, kayaks and paddleboards.

HOW TO BOOK YOUR YACHT CHARTER

In conclusion, book motor yacht BALAJU for your own private luxury yacht charter vacation today. Contact your yacht charter brokers at 1-800 Yacht Charters at 305-253-7245. If you prefer, complete our online inquiry form at https://www.1800yachtcharters.com/book-now/ .

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Balaju superyacht

148’ / 45 m | Intermarine | 2002 / 2015

Balaju is a 148 feet superyacht built for thrill seekers in mind. With 5 cabins, Balaju accommodates 10 guests, and features the latest and most exhilarating water toys you can find today. Built by Intermarine in 2002 and refitted in 2015, adrenaline junkies will have the time of their lives on board this luxurious yacht fit for adventures on the seas of Caribbean. 

In addition, Balaju can take 18 guests on a day charter for your special event celebration with a professional and friendly crew of 10. Step on board and you’ll immediately fall in love with every inch of this superyacht. From the lavish exteriors to the lush interiors that spell out comfort and luxury, you will automatically feel at home.

Major Features

Balaju is an excellent choice for yacht charters offering thrill seekers all-encompassing experiences on board. Equipped with the latest navigation features, Balaju offers a stress-free, safe, and secure smooth sailing that allows you to carefully plan an action-packed holiday in Caribbean .

With a spacious deck that presents plenty of opportunities for both fun and relaxation, take your pick from the countless water toys. And with luxurious cabins, guests get to end each day in absolute comfort and pampering. Other notable features include Deck Jacuzzi and Gym. Balaju is an epic superyacht charter adventure highlighted with luxury amenities and service that you truly deserve.

Amenities and Toys

Not all yachts are equipped with the latest water toys best enjoyed on water. Guaranteeing to enhance your charter experience, the full arsenal of water toys and equipment in Balaju provides you with entertainment, excitement, and countless days of fun and adventure on the water, on land, and under the sea. Besides traditional water sports, this superyacht offers personal watercraft that includes Wave Runner.

Destinations

Balaju is usually based in Exuma and charters to British Virgin Islands, Guadeloupe, Antigua and Barbuda, St Martin, Grenada, Bahamas, Turks and Caicos, Anguilla, St Barths, Martinique, St Lucia, Barbados, US Virgin Islands , where you can experience an entirely different world of exhilarating activities. Offering a fast-paced holiday, your yacht charter itinerary can consist of a multitude of different interests every day.

From scuba diving, to kayaking, jet skiing, or snorkeling, Balaju is the most ideal yacht to meet your needs for momentous adventures on both land and water. Get to explore the amazing attractions, thrilling sights and sounds, and exciting adventures of these destinations while cruising on board the beautiful superyacht Balaju.

Balaju is a yacht charter built for the adventure-minded. When all of your energy has been spent having the time of your lives on the waters of Caribbean and discovering the spoils of your destinations, you get to relax and unwind on deck, with a bottle of ice-cold beer or glass of champagne on hand.

Charter Balaju in Bahamas

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45’ - 148 ft - Intermarine

Intermarine / 2013 / 44.5m

Balaju is a 44.5 meter GRP motor yacht built by the Italian Intermarine yard in 2002 and last refitted in 2013. The yacht interior was designed by French interior designer François Zuretti. Balaju can accommodate up to 10 guests in 5 cabins. The guests will be treated by a crew of up to 10. With respect to performance, Balaju can reach a top speed of 16 knots and has a cruising speed of 12 knots, and a range of 3,000nm. The yacht is equipped with stabilizers and her amenities include a gym, an on deck Jacuzzi, and WiFi throughout.

Balaju is laden with an extensive array of “toys” including 2 x Yamaha Seadoo waverunners, water-skis, wake boards, kneeboards, a windsurfer, kite surfer, kayaks, an inflatable trampoline, four sets of scuba diving equipment and a scuba compressor, towable toys (from 1 to 4 persons) and a 6-person banana.

• Price : From €100,000 p/w
• Builder : Intermarine
• Built/Refit : 2002 / 2015
• Guests : 10

specifications

• Name: Balaju Yacht
• Yacht Type: Motor Yacht
• Naval architecture: Intermarine
• Exterior Designer: Intermarine
• Interior Designer: Zuretti
• Model: Custom
• Length Overall: 44.5m / 146 feet
• Beam: 8.8m / 28.8 feet
• Draft: 2.1m / 6.89 feet
• Groos Tonnage: 447 Tonnes.
• Cruising Speed: 12 Knots
• Max Speed: 16 Knots
• Cabin Configuration: 1 Master, 2 Double, 2 Twin.

Air Conditioning, WiFi connection on board, Deck Jacuzzi and exercise equipment on the sundeck.

Tenders & water toys:

Novamarine 450 Jet Tug with Yanmar 115hp diesel inboard,  Novamarine 500 Equator 160hp Volvo diesel, 2  Yamaha Waverunners, Water-Skis, Wake Boards, Kneeboardsm, Kite Surfer,  Kayaks, Inflatable trampoline, Swim platform, 2 bicycles 4 sets scuba gear, Brownies Dive compressor and Trampoline with slide and extensions.

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More yachts, benetti / 2004 / 35m, oceanco / 2008 / 75m, m/y anastasia, nereids yachts / 2005 / 49.7m, m/y azteca ii.

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BALAJU, YACHT FOR CHARTER

INQUIRE ABOUT BALAJU

‘Balaju’ is a 146ft  /44.5m  motor yacht, custom built in 2002 by Intermarine and last refitted in 2013. Her exterior design is the work of Intermarine, and her stylish interior has been designed by Zuretti.

Balaju’s stylish interior layout sleeps up to 10 guests in 5 rooms, including a master suite, 2 double cabins and 2 twin cabins. She is easily capable of carrying up to 10 crew members onboard to ensure you and your guests enjoy the most exquisite charter experience, making use of the superyacht’s impressive amenities.

Her impressive leisure and entertainment facilities make her perfect for entertaining friends and family on your charter vacation. There’s space for enjoying lavish lunches, delicious dinners on deck, or simply lounging in the sunshine. She is the ideal yacht for those travelling with children and family groups.

She is built with a GRP hull and GRP superstructure, and has a cruising speed of 12 knots, a maximum speed of 16 knots and a range of 3,000nm from 49,998litre fuel tanks. She beautifully combines performance with luxury.

This impressive yacht comes complete with a modern stabilization system to reduce roll motion even during rough seas, and the yacht also has ‘at anchor stabilizers’ to keep things smooth even at anchor/zero speed.

A deck Jacuzzi is just perfect for relaxing with friends and family, while taking in the breath-taking views after a long day of exploration.

You’ll find Wi-Fi connection throughout, so you’ll be able to check emails or share your experience on social media. A gym onboard, equipped with the latest exercise equipment, means you’ll never miss a work out.

Air conditioning keeps conditions comfortable throughout the cabins, even on the hottest of days or nights.

If you’re looking to entertain guests of all ages, a large portfolio of toys onboard include Wake Boards, Kneeboards, Towable Toys (from 1 to 4 persons), 6 Person Banana, Windsurfer, Kite Surfer, Kayaks, Inflatable Trampoline, 2 x Bikes, 4 x Scuba Diving Equipment (rendezvous Diving only), 1 x Brownies Dive Compressor, and Wet Suits.

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Balaju features & pricing.

• AIR CONDITIONING • BIKES • DECK JACUZZI • DIVING • GYM • KAYAKING • KITE SURF • KNEEBOARD • TOWABLE TOYS • TRAMPOLINE • WAKEBOARD • WATER SKI • WAVERIDER • WI FI • WIND SURF

CHARTER RATES

1 x 29ft /8.84m Cigarette Tender (towed) 1 x 14.76ft /4.5m Novamarine Jet Tender with 1 x Yanmar 115 HP Inboard engine

2 x Yamaha Seadoo 2007 Waverunners Water-Skis Wake Boards Kneeboards Towable Toys (from 1 to 4 persons) 6 Person Banana Windsurfer Kite Surfer Kayaks Inflatable trampoline (with slide and extensions, etc.) 2 x Bikes 4 x Scuba Diving Equipment (rendezvous Diving only) 1 x Brownies Dive Compressor Wet suits

Balaju Is Available at These Locations

New England

Saint Martin

Virgin Islands

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Charter Yacht BALAJU Offers 25% off Mediterranean Charters

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By Editorial Team   6 May 2014

The owner of the 44m motor yacht BALAJU is keen to book some last minute charters in areas including Monaco , Sardinia and Corsica throughout May and June.

Built in 2002 at the Intermarine shipyard, BALAJU features an enormous sundeck that is perfect for hosting parties. She can accommodate up to 10 charter guests in five staterooms in her Zuretti designed interior and she recently underwent a minor refit that included a full exterior re-paint and some interior improvements.

BALAJU has built a strong reputation for herself within the charter industry and is a fantastic vessel for your next luxury yacht charter vacation. As well as dropping her weekly base rate from €135,000 to €99,000, the owner of BALAJU is also open to all reasonable offers, so get in touch with your yacht charter broker today to put your best offer forward.

View all superyachts for charter in the Mediterranean .

BALAJU features an enormous sundeck that is perfect for hosting parties.

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45m Intermarine 2002 / 2024

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A look at the most expensive superyachts at the Palm Beach yacht show and their insane features, from basketball courts on deck to ice baths and saunas

• The Palm Beach International Boat Show kicks off later this week.
• Eight megayachts are expected to be on display for would-be buyers and charter customers.
• These are the show's biggest yachts — and how many millions of dollars they are going for.

The Palm Beach International Boat Show — the yacht world's flashiest event stateside — is returning this year with over 800 boats for both deep-pocketed potential owners and window shoppers to peruse.

While it's impossible to know what exactly will be on display until the show begins on Thursday, it's expected that eight megayachts — generally defined as ships over 60 meters long — will be docked at the show and at nearby marinas like the Rybovich Marina in the ritzy Florida town.

Some of these are for sale at eye-popping prices, but others are available to charter in case you fancy living like a billionaire for a week or two this summer (and if you have six figures to spare on a vacation).

These are the eight biggest yachts that will be at the Palm Beach International Boat Show and nearby marinas, in size order.

Nero: 90.1 meters

Price: From $497,000 a week (charter) Standout features: Pizza ovens, beauty salon, massage room, resistance pool

Reportedly owned by Irish billionaire Denis O'Brien, Nero is modeled after J.P. Morgan's 1930s ship , and was built in 2007 and updated in 2021.

She now boasts a gym on her sundeck with multiple cardio machines and a beauty salon, and has an on-board beautician for manicure, pedicure, hair, and massage needs. There's also an upgraded movie theater, two new pizza ovens, and both a pool and a jacuzzi.

For those who want to go overboard, she has more than a dozen toys, including a waterslide, Jet Ski, and flyboard.

Victorious: 85 meters

Price: From $876,600 a week in the summer and $950,000 a week in the winter Standout features: Hammam (Turkish bath), wine cellar, wood-burning fireplace, children's playroom

Victorious brings a party vibe to the yacht show. With a beach club on board, a wine cellar, a cigar clubroom , multiple bars, and a lounge with a piano, the vessel is made for entertaining. Plus, there's a playroom and movie theater to entertain the kids.

For tamer charter clients, Victorious has a suite of wellness features such as a gym, massage room, beauty salon and hammam — perhaps a custom request of her owner, Turkish businessman Vural Ak.

She also boasts a treasure trove of water toys, including Jet Skis, jetsurfs, inflatable kayaks, and scuba equipment.

Casino Royale: 72 meters

Price: TBD Special Features: Infinity pool, helipad, private jacuzzi

Purchased and refitted by car dealer magnate John Staluppi last year, Casino Royale is the latest of his James Bond-inspired yachts (he's also owned an Octopussy and a Skyfall, among others).

Casino Royale has a helipad that turns into a dancefloor, an infinity pool, and a wellness center with a gym and sauna. The owner's cabin has its own deck, which features a private bar and jacuzzi.

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However, the boat's price isn't listed, and while she's not necessarily officially for sale, that might change depending on who's prepared to buy, Mr. Bond.

Talisman C: 70.6 meters

Price: $60 million (or from $567,000 a week to charter) Special features: Massage and beauty room, private library

Likely the largest yacht for sale (not just charter) at the show, the Talisman C is a 2011 six-bedroom boat. The owner's cabin comes with an en suite bathroom, dressing room, private library, and crystal chandeliers.

Amenities include a gym, a beauty room, oversized jacuzzi, and a fully equipped bar. Her crew of 19 includes a trained masseuse, and the toy room comes equipped with a wakeboard, eFoil , and WaveRunners.

Joy: 70 meters

Price: From $650,000 a week Special features: Disco club, basketball court, onboard fitness instructor

Superyacht Joy testifies to the fact that owners want as many on-board experiences as they can get.

There's an expansive suite of fitness features, including a basketball court (don't shoot that hoop too hard!), a personal trainer on staff, boxing equipment, and a handful of machines. For post-workout winddowns, there's a spa with a steam room and onboard masseuse. And for entertainment, there's both an outdoor and indoor cinema, and a disco club.

Triumph: 65.4 meters

Price: From $707,600 a week in the summer and $650,000 a week in the winter Special features: Sauna, helipad, banana boat

This 2021 superyacht is named after Triumph motorcycles — a reported favorite of her rumored owner, British businessman Chris Dawson — and even has one on display as an art piece in the upper deck's lounge. The primary suite is 1,400 square feet and has its own study , and there's a sauna, an indoor-outdoor gym, a helipad, and a massage room spread among her six decks.

She boasts an "armada of water toys," including two kinds of Jet Skis, electric water bikes, and a banana boat.

Seanna: 64.5 meters

Price: $54,000,000 (or from $462,000 a week to charter) Special features: marble foyer, movie room, sundeck pool

The recently refurbished Seanna is available for sale and charter.

Her indoor-outdoor gym is on sea level so that passengers can take a dip after a session with the onboard personal trainer. There's also a sundeck pool, a helipad, a two-room massage facility, and, for the more cerebral guests, a library with an electric fireplace.

There are a number of toys on board, including a popular water trampoline and two WaveRunners.

Come Together: 60 meters

Price: $65,000,000 Special Features: DJ and videographer on board, ice bath, sauna

Next-to-new yacht Come Together is looking for a new owner after doing charters during the 2023 season.

The Beatles' influence is evident beyond the yacht's name, with guitars dotting the sky lounge and a crewmember who doubles as a DJ. There's also an outdoor cinema and bar for entertainment and an ice bath and sauna for the day after the party. The owner's suite has a private study and lounge, and each guest cabin has its own ensuite.

The sale includes a number of toys, like Jet Skis, kayaks, and Seabobs.

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Business | South Florida yacht brokers hit with lawsuits…

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Business | south florida yacht brokers hit with lawsuits that claim 10% commissions violate antitrust laws.

Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida’s yacht broker industry are anticompetitive and violate antitrust laws.

The claims follow an October finding by a federal jury in Kansas City, Missouri, that the National Association of Realtors conspired with brokers to artificially inflate commissions paid to real estate brokers. The ruling, and a March 15 settlement by the Realtors, is expected to radically change how homes are sold in the United States.

Both lawsuits involving yacht brokers name as defendants the International Yacht Brokers Association, based in Fort Lauderdale, the Yacht Brokers Association of America, Boats Group LLC and YATCO LLC.

Also listed as defendants in both suits are a who’s who of South Florida-based yacht brokers, including Denison Yacht Sales, MarineMax Inc., Galati Yacht Sales Inc., Allied Marine Inc., Tournament Yacht Sales LLC and Northrop & Johnson Yacht Ships, among others.

Nearly all of the defendants are headquartered in South Florida.

The most recent suit, filed on March 22, proposes a class of plaintiffs that includes anyone who listed vessels on certain Multiple Listing Services using a listing agent or broker affiliated with one of the defendants and paid a buyer’s broker commission since March 22, 2020.

The lead plaintiff in the lawsuit is Kip Lamar Snell, identified as an Alabama resident. Snell entered into an agreement with Galati to sell a 41-foot Express Cruiser Sea Ray in July 2020 and ended up paying a $12,000 commission on the $120,000 sale price, the suit states. The lawsuit lists as defendants 15 brokers and six organizations that promote the yacht trade or operate Multiple Listing Services.

That lawsuit follows one filed on Feb. 29 that proposes a class of plaintiffs that includes anyone who paid a commission to a listing broker affiliated with the defendants since Feb. 19, 2020. It lists as defendants 11 brokers and five organizations that promote the yacht trade or operate Multiple Listing Services.

The lead plaintiff in that suit is Ya Mon Expeditions, a Wyoming company that paid a “substantial broker commission” when it sold a vessel in January 2023 while represented by Tournament Yacht Sales of Tequesta.

The most recent complaint accuses the trade associations of colluding with brokers to “enforce an anticompetitive restraint that requires (sellers of pre-owned yachts and boats) to pay a brokerage fee to the buyer’s broker and a total aggregate commission fee that is inflated as a condition for selling their yachts.”

The complaint states the typical commission is 10% and is shared between the seller’s broker and the buyer’s broker under terms spelled out in Central Listing Agreements provided by the brokers associations, including the International Yacht Brokers Association and the Yacht Brokers Association of America.

Only boat brokers are able to list boats and yachts on such Multiple Listing Services as YachtWorld.com, BoatTrader.com and Boats.com, and the Multiple Listing Services will not accept listings from owners who want to sell their vessels themselves, the lawsuit states.

Yacht owners are “severely disadvantaged” if they do not list their boats for sale on the listing services, while buyers suffer because their brokers are “financially incentivized” to show boats that will earn them standard “and inflated” commission rates of 4% to 5% through co-brokerage transactions, the complaint states.

None of the defendants contacted for this story responded to a request for comment, and no response has been filed yet in either case.

Robert Allen Jr., whose Miami-based law firm Robert Allen Law represents the International Yacht Brokers Association, did not respond to emails or return a phone call.

A woman who answered the phone at the International Yacht Brokers Association said, “We have no comment on that,” and hung up after a reporter asked for her name.

Of six brokers contacted for comment about the lawsuits, only Tournament Yacht Sales responded to emails. “No comment,” the company’s response stated.

Overall commissions have increased faster than the rate of inflation in recent years as the price of larger boats and yachts have increased, according to the lawsuit that lists Snell as lead plaintiff.

The result is that boat owners pay “hundreds of millions of dollars” in inflated commissions each year, the suit alleges.

Both lawsuits allege violations of the Sherman Antitrust Act that are upheld by “brokers who should be competing with one another but, instead, cooperate with each other to the detriment of pre-owned boat sellers.”

Some brokerages represent both buyers and sellers and retain the entire 10% commissions, the suits state.

The trade associations enforce rules requiring brokers to offer their boats through a listing service and to share commissions, the suits state, adding that they can impose significant penalties on members who do not comply with their rules.

Yacht purchasers are disadvantaged by the current system, the lawsuit alleges, because their agents would otherwise negotiate for their business by decreasing their commission rates.

But buyer brokers’ commissions have remained constant despite their diminishing role, the suits state. Many buyers today find boats they are interested in purchasing through online searches and enlist the services of a buyer’s broker only after identifying the yacht they want to buy, the suits claim.

The lawsuits seek an order declaring the commission structure to be illegal, a permanent injunction outlawing what they describe as anticompetitive conduct, plus damages and/or restitution, pre- and post-judgment interest, and attorneys’ fees.

Paul Geller, an attorney for one of two law firms representing the class that includes Snell, acknowledged “parallels between the allegations relating to commissions in the real estate and yacht markets.”

In the real estate matter, the National Association of Realtors on March 15 agreed to a $418 million proposed settlement that would free home sellers from paying commissions to brokers for both sellers and buyers.

After a jury ruled for the plaintiffs in the case against the National Association of Realtors in October, numerous lawsuits were filed across the country with similar allegations, including one in December against the Florida Association of Realtors and 16 brokerages.

“At bottom, the goals of (the suit against the yacht brokers) are similar: protecting consumers by challenging what we allege to be anti-competitive conduct,” Geller said by email. “We believe in the universal truth that consumers benefit by increased transparency and the competitive pricing that results from negotiated terms, including commissions.”

Geller is a partner at Robbins Geller Rudman & Dowd LLP, which specializes in securities litigation on behalf of investors. The firm has offices in 10 cities, including Boca Raton.

Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at [email protected].

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Motor Yacht

Balaju is a custom motor yacht launched in 2002 by Intermarine and most recently refitted in 2013.

Balaju measures 44.50 metres in length, with a max draft of 2.70 metres and a beam of 8.50 metres. She has a gross tonnage of 447 tonnes.

Balaju has a GRP hull with a GRP superstructure.

Her interior design is by Zuretti.

Balaju also features naval architecture by Intermarine .

Performance and Capabilities

Balaju has a top speed of 16 knots. She is powered by a twin screw propulsion system.

Balaju has a fuel capacity of 45,988 litres, and a water capacity of 8,195 litres.

She also has a range of 3,800 nautical miles.

Accommodation

Balaju accommodates up to 10 guests . She also houses room for up to 9 crew members.

Other Specifications

Balaju has a hull NB of 121.

• Yacht Builder Intermarine No profile available
• Naval Architect Intermarine No profile available
• Exterior Designer Intermarine No profile available
• Interior Designer Zuretti No profile available

Yacht Specs

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BALAJU YACHT LOCATION

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BALAJU Yacht Location & Cruising

Status: This yacht is only on our website as a sold yacht.

In the map below, we show the BALAJU yacht location as: South East Florida. For viewing access, detailed information about the BALAJU yacht location and additional details about her cruising history and use, including her upcoming itinerary, scroll down.

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Contact: Merle Wood & Associates | web(Contact us at)merlewood.com | +1.954.525.5111

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Restaurant-Yacht Chaika

Ratings and reviews, location and contact.

Pleasantly surprised, service is good so is the food. Great selection of Fusion food, a mixture of Italian, Japanese, European, Asian etc. A pleasantly nice dining experience, highly recommended, a must try!

Thank you for your feedback and invite you to have lunch or dinner again aboard the ship in an atmosphere of high standards of yacht hospitality.

everything was perfect - the food, the service, the desserts were the best, nice atmosphere and the location - magical

Best food, best view in Moscow. absolutely faultless from arrival to finish. Best risotto i had for many years absolutely perfectly cooked. The view on Ukrainian hotel and the white house by night is amazing

Had to wait for the food for 1.5 hours and then another 20 minutes for the check. Finally called for the manager and he offered... a 10% discount as a compensation. Simply pathetic! The food is mediocre at best. Not bad per se, but one... would expect something better considering the prices. There are many places to eat in area that are much better. Avoid this one at all costs. More

Hello, Alexander Your comment is extremely important for us, thank you a lot for it. We are terribly sorry for your time that you`ve spent waiting your order and we have already taken actions to improve quality of our service and it would be realy... More

Food is very expensive,very pretentious, doesn't worth that money. Portions are very small. We ordered ravioli and there were 4! Four raviolis! For almost 15 euros. Then we asked to bring us dessert menu but nothing, they didn't even bothered, so we payed and left... without dessert. Very poor service for that price. More

This is a very good restaurant. The food is really good, maybe the best in Moscow. The service is also good. The view from the restaurant is great. The prices are very high.

I often visit this restaurant and must say it’s one of the best in Moscow in terms of quality and service. Staff really try hard to make sure that you are happy and satisfied. Customer service is a huge problem in Moscow but Chaika sets... a great example for others in the industry! Food is delicious and the menu has lots of options for everyone! Atmosphere is great and view is beautiful on the embankment. Special thanks to German & Oleg! More

Thank you for your feedback! Again aboard the yacht restaurant "Chaika" in accordance with the high standards of yacht hospitality.

Highly recommended, great location in the city center of Moscow with a superb atmosphere. Too many menu choices, though all delicious!

Thx a lot for your review! We are looking forward to see you in our restaurants.

Visited this lovely restaurant with a friend of mine. It was relaxingly warm August evening - so the place on the river seemed like a good idea. We came quite early and the restaurant was not full. The hostesses kindly offered several places to sit... and we chose to sit on the sofas. We had some wine, which was good. We struggled a bit when deciding about the food as few options (scallops) were not available. Fish on ice on display did not look very fresh. To be honest it was an unusually hot August and it is probably understandable that some see food options were not available. However, we did manage to order something and sat waiting and looking onto the river. My long-legged friend struggled sitting at the low sofa and the manager noticed that, offering as a very good, proper table beside the open window. It was nice touch and I was very pleased by their polite observations and immediate reaction to solve the problem. Food was quite good and presentation was perfect. Perhaps I can something about the food, but 1 visit is not enough to criticize or make a definitive opinion. Overall, quality place, which of course, does not come cheap. I would recommend this restaurant without hesitation. More

Good afternoon! Thank you for your detailed feedback! We are looking forward to seeing you again, we are sure that you will be delighted with our dishes!

I've been here several times during two business trip in Moscow. The overall quality for both service and food is absolutely top-notch, plus the location is very unique.

Hello! Thank you for your feedback! We are looking forward to visiting again!

Located on a boat at Krasnopresenskaya River Bank this 5 Star Restaurant transforms into a party location due to multiple groups hosting events. Impressive wine selection, Asian and European kitchen...

Thx a lot! We are waiting for you!

It is a nice place to gather specially at the lounge The service and staff very good I like the river view The food is almost like all restaurants in Russia they serve different cuisine. Staring Russian appetizer till Asian dishes Presentation and taste amazing... I consider it overpriced little bit More

Good location. Nice views. Good choice of food and drinks. European and Asian menu. Nice service. Pricey enough.

Had a large group dinner here. Food was above average and service quite good. The real attraction is the view of Moscow from the river on a nice night. Great place for a larger group dinner. More

Hello, John We are really pleased by reading that you and your friends were satisfied by our service, client`s experience is the highest value for us. We will be happy to see you again, come and enjoy some new dishes from our chef and nice... More

The luxurious atmosphere of this place, the view and the location make it quite outstanding. We had dinner here with friends and the dishes were amazing, accompanied by a chilled bottle of Chablis, it really made me feel as if it was a part of... the classic Russian movie. More

RESTAURANT-YACHT CHAIKA, Moscow - Presnensky - Restaurant Reviews, Photos & Phone Number - Tripadvisor

• Service: 4.5
• Atmosphere: 4.5