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Nigel Allan Burgess (1942–1992) was a British single-handed yachtsman, Master Mariner and businessman. He took part in the OSTAR and the Vendée Globe.He founded Nigel Burgess Yacht Brokers, a company which has remained one of the leading yachtbrokers in the world, and was responsible for the sale of Saddam Hussein's yacht in 2008.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat. The yacht broker is paid an agreed commission by the seller to market the yacht for sale, field interest and inquiries from buyers, handle negotiations, attend inspection and water trial and ultimately, if successful, to attend delivery.
It is generally done during auctions, shipping, goods transfer, or putting something up for sale in a consignment store. [2] The owner of the goods pays the third-party a portion of the sale for facilitating the sale. Consignors maintain the rights to their property until the item is sold or abandoned.
The English auction is commonly used for selling goods, most prominently antiques and artwork, [2] but also secondhand goods and real estate. Auction by the candle. A type of auction, used in England for selling ships, in which the highest bid laid on the table wins after a burning candle goes out.
YachtWorld is based in Miami that operates a boat sales platform with Multiple listing service, enabling professional yacht brokers, dealers and manufacturers to sell yachts. Jessica Muffett first founded YachtWorld in March 1995, [ 1 ] semi-retiring as Publisher Emeritus in 2006.
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The £1.4-million yacht Hebridian Princess This yacht was chartered by the Queen for her 80th Birthday. Formerly the MacBrayne ferry Columba built in 1964; converted to a miniature cruise ship for just 49 passengers in 1989. The £50-million Motor Yacht Leander Chartered by Prince of Wales for visit to Caribbean in March 2008. Chartered yacht ...