Yacht Manufacturer News

Italian yacht manufacturer Ferretti Group said that its brand Custom Line has achieved its goal of 14 launches in 2019 and of the sale of two Navetta 33s in December alone.Three new launches were held during the last three months at the Ferretti Group’s Superyacht Yard in Ancona: Custom Line 106’ was launched on 28 October, a Navetta 42 on 3 December, and a Navetta 28 took to the water on 12 December.These latest débuts show once again the tremendous commercial success of 28-42 metre Custom Line vessels, the leaders in comfort, technology and design. As many as 14 Custom Line yachts were launched in 2019 at the Ferretti Group Superyacht Yard…

Royal Huisman, a Dutch shipyard that specialises in the building and repair of sailing yachts, said that it will take over the Holland Jachtbouw facility in Amsterdam for further expansion.The facility, which entered the ownership of the Port of Amsterdam on May 14, will now be leased to Royal Huisman, which will dedicate the yard to its future new-build and refit projects."With the arrival of Royal Huisman, the port of Amsterdam has attracted yet another yacht manufacturer with a Royal Charter," said a release from Amsterdam port.Royal Huisman is the second superyacht manufacturer to join the port of Amsterdam community, following Feadship Royal van Lent, which opened its facilities there in 2016.

Port of Amsterdam officially joined the HISWA Holland Yachting Group as a partner on, presenting itself as a new partner to the members during the annual HISWA summer event. The event was held on the wharf of yacht manufacturer Royal van Lent (Feadship) on the Kaag waterway. Port of Amsterdam and the yacht manufacturer had crossed paths before, as Royal van Lent recently expanded its operations by building a brand-new wharf in the port area. The arrival of Royal van Lent has prompted Port of Amsterdam to explore its own opportunities in the luxury yacht (also known as ‘super yachts’) industry and to work on attracting businesses operating in this industry, including yacht manufacturers, re-fitters and suppliers, to the city.

British luxury motor yacht manufacturer, Fairline Yachts, announces Robert Hammond as its new International Sales Manager. Robert will be responsible for Fairline's global sales operations and managing its worldwide dealer network. A former military pilot, Robert, has held similar roles in commercial aviation and corporate yachting, developing sales opportunities and managing client relations. Having lived, worked and sailed worldwide, Robert brings valuable experience in understanding the requirements of Fairline’s varied global customer base. Robert comments, “It is a truly exciting time to have joined Fairline, following the recent announcement of its partnership with Alberto Mancini and a host of new boat launches on the horizon.

Crisis-hit yacht manufacturer Fairline Boats has been saved after the firm was bought by two Russian investors. A new company, Fairline Acquisitions, funded by two UK-based Russian investors with a background in the marine sector, is to take on the failed company’s order book and initially plans to recruit around 100 of the 380 staff who were made redundant before Christmas. It will be run by Russell Currie, who has been a Fairline dealer for 18 years where he has made sales of more than £90 million. Currie said: “I am delighted to have been appointed managing director for Fairline Yachts. With the resources of the investors, coupled with the expert knowledge of the management team and our energy and passion for the brand, the structure is in place for a great future for Fairline Yachts.

Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further expand its infrastructure on the back of the significant increase in interest in the Silverstream System and impending commercial orders. Stephen Potts joins Silverstream Technologies from leading luxury super yacht manufacturer Sunseeker International where he served as Supply Chain Director, responsible for the procurement and logistics teams. Prior to this, he held prominent positions in several globally renowned companies including Babcock International Group…

Luxury yacht manufacturer Palmer Johnson Yachts is closing its production facilities in Sturgeon Bay because of dwindling sales and competition from overseas. In a plant closing notice filed Wednesday with the Wisconsin Department of Workforce Development, the company said sales had fallen and offshore competition had escalated. The closures will result in the loss of about 100 jobs. Palmer Johnson said it will cooperate with the Department of Workforce Development to help employees find other jobs. The shutdown will take place in phases starting about Oct. 31. "We are disappointed and saddened by this business closing, and yet realize that there is no alternative," the company said.

A federal court in Miami has ruled that golfer Tiger Woods’ lawsuit against Christensen Shipyards, Ltd. will proceed in the U.S. District Court for the Southern District of Florida and that an order enjoining Christensen from the unauthorized use of Woods’ name or photographs of his boat will remain in place. Woods filed his rights-of-publicity suit against Christensen last October in the U.S. District Court for the Southern District of Florida. The suit alleges that the luxury yacht manufacturer, based in Vancouver, improperly used Mr. Woods’ name, his wife’s name, and photographs of a yacht built for Woods in connection with the advertising and marketing of Christensen’s products. Mr. Woods also seeks injunctive relief from Christensen.