International Yacht Vacations & Charters Magazine reports:

Pioneering yacht management and consultancy company YCO has had a busy summer with two new sales, and will soon be moving to new and larger premises overlooking Monaco harbor.

YCO announced the sale of 47m Royal Huisman sailing yacht Hyperion. Following lengthy negotiations conducted by YCO on the owner’s behalf, the sale was concluded and the new owner has now taken delivery. “Client representation for sale and purchase of large yachts is part of the unique YCO philosophy,” says Gary Wright, YCO managing partner. “We provide our clients with expert advice, support and guidance throughout the entire process with the back up of our highly professional team.”

Midway through the summer the 50m Bennetti QM of London was also sold with Jim Evans, YCO sale and purchase client representative, acting on the buyer’s behalf. YCO has taken the yacht under full management and she is currently undergoing an extensive refit at MB92 in Barcelona, in preparation for joining the YCO charter fleet next summer.

“We are extremely pleased to welcome QM of London into our Charter Fleet”, says Robert Shepherd, Director of Charter Marketing at YCO. “In the past her seven stateroom layout has proven most successful whilst chartering in the Mediterranean. We look forward to a busy charter season with her in 2006.”

Plans for QM of London’s refit include extensive cosmetic improvements, installation of zero speed stabilizers, upgrade of Audio Visual and IT equipment and the addition of new tenders and toys.

Meanwhile Charlie Birkett, Partner, announced that the rapidly expanding YCO team will be relocating just a few doors away from their current office to much larger premises overlooking the Eastern side of Monaco harbour. Telephone, fax and email details will remain unchanged, however the new address is: 9 Ave President John F Kennedy, Monaco MC98000. YCO hopes to take up residence in the new offices mid to late January.