Bill Friend

In Part 1, we mapped a market that had quietly stopped behaving like a leisure market. The volume curve flattened. The size curve climbed. Fraser’s order book filled with custom 60–80-meter projects, average buyer ages dropped a decade, and Dutch yards became the single most important node in the global supply chain. We ended with … Read more

Selective Justice, American Power, and the Erosion of the Rule of Law The issue is not whether Raúl Castro is innocent. It is not whether Nicolás Maduro deserves sympathy. It is not whether hostile foreign leaders should be shielded from accountability because they hold power, command armies, or wrap themselves in sovereignty. The issue is … Read more

Welcome aboard. We’ve got a long, strange trip ahead. We’ll be diving deep into the realm of the superyachts, but before we set sail, we need to familiarize ourselves with the vessel and the conditions. What is a “yacht” in 2026? And why has the industry exploded? From Yacht to Gigayacht A yacht is traditionally … Read more