Home | World | Business | Smooth sailing for yacht builders despite economy (AP)

Smooth sailing for yacht builders despite economy (AP)

Font size: Decrease font Enlarge font
Yahoo! News 04 July, 2008 02:21:59

Workers continue preparations on a super yacht at Trinity Boats in New Orleans, Tuesday, April 29, 2008. These days at New Orleans-based Trinity Yachts, the largest domestic builder, the biggest problems are having enough workers and enough time to handle the 24 custom contracts the company has for the luxury vessels. 'Nobody is buying these yachts because they need them,' said William S. Smith III, Trinity's vice president. 'They're buying them because they want them.' (AP Photo/Dave Martin)AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.


Comments (0 posted):

Post your comment comment
Please enter the code you see in the image:
  • email Email to a friend
  • print Print version
  • Plain text Plain text
No tags for this article
0