Personal Watercraft Insurance, High-End Yacht Charters Are Plying the Mediterranean
Saturday, Aug. 24th 2013 8:00 AM
Around the Mediterranean, countries are battered by economic and political storms, from civil war in Syria and financial meltdown in Cyprus to the relentless grind of austerity in Greece, Italy and Spain.
But out on the water, it’s another story. There, yachts like Eclipse, the plaything of the Russian billionaire Roman Abramovich, are being chartered this season at weekly rates running into the millions of dollars, according to people in the charter market.
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