Nov 04 2008
Recession Hits the Surf Charter Industry – Indies Trader IV for Sale
There was no doubt the recession was going to hit the surf industry and in predictable ways. Surfers would be traveling less and opting for less expensive destinations. I’d would expect surf charter bookings to be down significantly. The surf apparel companies like Quicksilver and Volcom have taken big hits, most notably in their stock prices which are down close to 90% from their highs.
Quicksilver owned the luxury surf charter Indies Trader IV. For the past few years, it’s been the stretch limo of choice for pro’s venturing to the Mentawais. Martin Daly and Indies Trader Marine Adventures launched a website for booking charters on the boat in 2005 along with the other three Indies Traders of the fleet.
Now the Indies Trader IV can be yours for a cool $5.5 million. Freedom Marine of Australia has the boat listed on their site. Doesn’t seem there’s as much an appetite for surf charters that book at $2000/night with this economy.