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Could the superyacht industry run aground on weak ruble?

From cnbc.com

The latest threat to the superyacht sector comes just as the industry has begun to pick up since the financial crisis in 2008. The number of super-yachts sold –which are mainly second hand – has surged from 262 in 2011 to 412 last year, with the combined asking prices rising from 2.5 billion euros to 3.2 billion euros in the same period, according to data from Boat International. The number of new orders plunged from 1,008 in 2009 to 763 the following year as the financial crisis took its toll, but has since been steady. Wright said concerns over Russian interest could dampen the bright outlook in 2015. "2015 was ... (full story)

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