Northrop and Johnson, a yacht brokerage firm with a Monaco branch specialising in luxury yacht sales, charters and staffing, has broken its own record by selling 141 yachts so far this year, an average of one every other day, an exceptional feat in the current climate.
Covid clearly hasn’t negatively impacted the luxury yacht market, if 2021 sales figures by Northrop and Johnson are an indicator.
Northrop and Johnson’s market for top-end yachts has reached unprecedented heights in a year that saw other industries suffer, boasting the sale of 141 yachts sold so far. This makes the third year in a row that the company, which has new offices in Monaco, has sold more than 100 yachts in a calendar year, with the highest transaction values ever seen by them.
The company has experienced an 84% rise in revenue growth across all their sectors, and a 56% increase in sales. The largest yacht sold by them this year was the mega-yacht Solo, a 71.9 metre ranked as the sixth most expensive ship sold in 2021. The 67.1 metre Anna 1, which was sold at the Principality’s branch, and the 60.4 metre Blue Moon came in a close second and third.
“It has been a very busy year for us,” said Northrop and Johnson President and COO Daniel Ziriakus. “We were very lucky in 2020 to have weathered the hardships well thanks to our ever-increasing technological prowess and the hard work and dedication of our brokers and team members. Everyone started off 2021 running, excited to properly get back to work and to work hard and our numbers speak for themselves. We are exceedingly proud of all that our teams have accomplished this year. There is strong indication that these trends will continue into 2022.”
Monaco’s participation, particularly during the Monaco Yacht Show in September, helped in this record-setting year. In addition to the sale of Anna 1, several other sales were announced that same week.
“We had countless viewings each day and a lot of strong interest in our yachts on display,” said Patrick Coote, Northrop and Johnson’s European Managing Director. “It was clear that there were fewer yachts and fewer people at this year’s show, but overall, those in attendance were high quality and seriously interested in purchasing or chartering.
“Additionally, the client experience was better, giving a more exclusive feeling and the ability for clients to more easily tour the yachts on display. As expected, there were far fewer Americans and those from the Far East than normal, however, we were pleased that it was more than made up for by the number of people from Europe and the Middle East.”
Northrop and Johnson delivers professional services in luxury yacht sales and purchasing, private yacht charter, new yacht construction, charter management, crew placement and more.
Photo of Solo, source: Northrop and Johnson
Day: 18 December 2021
Monaco providing new digital media destruction service
Photo by Stephane Danna, Government Communication Department
Monaco Experiences: Alba truffle menu at La Table d’Antonio Salvatore
There are few experiences as luxurious as indulging in an entire menu dedicated to the rare and delectable Alba truffle.
In an intimate dining room below the 75-year-old Rampoldi restaurant in Monte-Carlo, centuries-old tradition collides skillfully with modernity and creativity at La Table d’Antonio Salvatore.
As a special treat for guests this year, the Michelin starred chef is offering, alongside his normal menu, eight dishes that celebrate the precious Alba white truffle.
Lauded by gourmands and highly sought after by restaurants around the world, this white truffle grows spontaneously in the woods around Alba in the northwest Italian region of Piedmont. It is also staggeringly expensive. An 850gram Alba truffle recently fetched €75,000 at auction during the international Alba White Truffle Fair in Piedmont. It was bought by Italian chef Umberto Bombana for his three-Michelin star restaurant in Hong Kong.
Dry weather and changing climate patterns have limited production and sent prices soaring this year, which is why Antonio Salvatore’s Alba truffle menu is even more luxurious.
The golden, spongy tuber boasts pleasantly pungent aromas that give way to deep, earthy flavours from its cream-coloured centre. Knowledge of how to best prepare this highly-prized ingredient is generally passed down through the generations.
The Alba truffle’s marriage with egg is well-known, and La Table d’Antonio Salvatore’s slow cooked egg is rich, creamy and comforting, elevated with the texture of finely shredded crispy potatoes, seasonal mushrooms and white truffle.
The chef stays true to the traditions of Piedmont with dishes like homemade Tagliolini pasta and delicate ‘Del Plin’ ravioli served with a roasted meat jus and Parmesan foam.
Snails and soft potato mousse serve as a nod to Italy’s French neighbour, as does the meat tartare, but it is prepared using Fassona, the finest Piedmontese beef.
The Turbot with red wine sauce, fennel and white truffle is a delicate choice ahead of another rich, wintery dish of veal with potato gateau and white truffle.
Beyond truffles, Piedmont is also known for its excellent hazelnuts, and these too dominate the menu, appearing as hazelnut oil or roasted hazelnuts to add texture and further enhance earthy flavours.
To finish, Chef Salvatore recreates the Alba truffle with white chocolate and serves it with Amaretto sabayon and white truffles, in a final show of how versatile this precious tuber can be.
The Alba truffle menu by Antonio Salvatore is an extravagant trip to northern Italy, right in the heart of Monte-Carlo, and it is available until 10th January 2022.
View this post on Instagram
Charles Leclerc: Season in review
A consistent, but often unspectacular, season from Ferrari driver Charles Leclerc earnt him seventh place in this year’s drivers’ standings. Monaco Life looks back at the Monegasque drivers’ season and what it means for next year.
The season ended disappointingly for Leclerc. The Ferrari driver went into the final race weekend looking to consolidate his fifth place in the drivers’ standings, but an error in strategy by the Ferrari team saw Leclerc only pick up one point. His team-mate Carlos Sainz, who finished on the podium, and Lando Norris, therefore both leap-frogged Leclerc.
Although not the most glamorous prize, fifth in the drivers’ standings would have represented a stellar season for Leclerc, an ample reward for his consistency across the season. The Ferrari was nowhere near the pace of the Mercedes nor the Red Bull all season, but Leclerc, more often than not, was best-of-the-rest, scoring 12 top six finishes over the course of the 22-race season.
For large parts of the season, Leclerc slipped under the radar, pumping out impressive finishes without stealing the limelight, often even without having to overtake. His strong race in Mexico was testament to this. Although a lonely race for the Monegasque driver, his superior pace relative to his other mid-field challengers kept him out of the clutches of his rivals on his way to sealing a well-earned fourth place.
His highlight of the year undoubtedly came at the British Grand Prix with his impressive second place finish, however tinged with disappointment at what could have been.
Having led the vast majority of the race after a lap one incident between Max Verstappen and Lewis Hamilton, the latter overtook Leclerc with just two laps to go. This was, however, to be his only podium of the season, with his slightly more erratic team-mate Sainz out-performing him in this regard, scoring an impressive four podiums.
One of those podiums came at Leclerc’s home grand prix in Monaco – undoubtedly the Monegasque driver’s lowest point of the season. His supreme knowledge of his local streets propelled him to pole position, but a crash during his second flying-lap left his car in a state of disrepair.
Despite the best efforts of the Ferrari mechanics, the car could not be readied in time for Sunday’s race, as Leclerc broke down on his way to the grid. Having been set for the all-important pole position, at a track where it is notoriously difficult to overtake, Leclerc instead had to watch on from the pits, as his team-mate took an impressive second place.
Although an individual error was pivotal for Leclerc in Monaco, at other times team errors cost him vital points. During the late deluge of rain in Russia, Leclerc was running as high as third at one point, but as others pitted for intermediate tyres, Leclerc, by order of his team, stayed out on the slicks. This was ultimately the wrong call. The monegasque left Sochi pointless, when only a matter of laps earlier, before the confusion and chaos that the rain brought with it, he looked a podium-contender.
Leclerc’s aspirations of a fifth-place championship were put to rest in the final race of the season, once again the result of an ill-conceived tactical call. Having pitted during a virtual safety car, Leclerc found himself languishing in the lower-midfield, and crucially outside of the points. This was ultimately a mistake, and his failure to pick his way through the mid-field in Abu Dhabi meant that he only secured the solitary point. Strong points finishes for his team-mate and Norris ultimately, cruelly, deprived Leclerc of his fifth place standing at the final hurdle.
Sainz, who was in his maiden season at Ferrari, surpassed expectations. Brought in to be a more traditional number two driver, few could have foreseen him out-performing his Monegasque teammate. Leclerc, however, doesn’t feel threatened by Sainz’s success, instead perceiving their dynamic as mutually beneficial. Following the Abu Dhabi Grand Prix, Leclerc stated, “I think we have learned a lot from each other. Always when you have a new teammate, you need to see their way of working, their talent, their driving and their way of approaching a race weekend.”
Leclerc believes that Sainz’s arrival has also improved him as a driver, revealing publicly, “He has put pressure on me to be quicker… I think one of his (Sainz) strong points is tyre management. This was my weakness in 2019, I improved a lot in 2020, and thanks to Carlos, I have done so once again this year.”
Indeed, Sainz’s surprising amount of pace relative to his teammate, and his ability to conserve his tyres, raises the prospect of a scintillating intra-team, potentially title-challenging battle next year. The 2022 season sees the introduction of a number of rule changes that will herald a new era of F1 cars. Primed to benefit from these changes are Ferrari, who are touted to have a title-challenging car from next season. Ferrari team principal Mattia Binotto certainly believes this to be the case, as proven by a post-race radio message to Leclerc, which is sure to whet the appetite of Leclerc fans, Ferrari fans, and F1 fans globally: “We’re going to have fun next year!”
Photos credit: Scuderia Ferrari Press Office
ASM v Red Star preview: A David and Goliath tie
AS Monaco will come up against giant-killers Red Star in the round of 64 of the Coupe de France on Sunday in what manager Nico Kovac has described during a press conference on Friday as a David and Goliath tie.
Despite currently languishing in the lower-mid table in the French National League, Red Star still pose a considerable threat. Their recent exploits in the Coupe de France have rightfully earned them the title of giant-killers. A win against RC Lens, and a narrow penalty shoot-out defeat to Lyon in last season’s competition has only enhanced that reputation, and has prompted Kovac to warn against complacency.
“I always say in this kind of match it is always a bit like David against Goliath…It is always a danger to think you are a better team. Technically I think we are on a higher level, but you have to take into account other elements, for example the opponent’s determination to fight, the state of mind, and we have to put ourselves at that level.”
For that reason, Kovac told Monaco Life that he isn’t planning on overhauling the side that lost to PSG over the weekend. “It is a possibility that I will switch the team a bit, but I take this game very seriously. We respect the opponent. I will put out the best possible team onto the pitch. It is important to stay in this competition.”
One player that will start against the Parisian side is back-up goalkeeper Radoslaw Majecki, and the Polish national keeper told Monaco Life that he is keen to impress on his rare opportunity to start: “For me, this game is very important. If there is an opportunity, I have to take it.”
Benoit Badiashile and Cesc Fabregas are still out, and will not necessarily play until after the Christmas break. They are joined by Ruben Aguilar on the sidelines who suffered a broken nose in training that has required surgery.
Those who do start can expect a difficult match against a highly motivated, determined national league side. Victory on Sunday will see Kovac’s advance to the round of 32, which is to be held in early January.
Photo: goalkeeper Radoslaw Majecki, by Monaco Life