Boatbuilding News reposted this
📸 ⬇️ Ok … so I might rebrand as ‘The Smith’ 😂 Anyway .. continuing on from my review of the Global Order Book 2025, let’s go into more detail at shipyard level! There a mix of evolving key players and newbies, perfect! 🙌 🇮🇹 Italy’s Azimut|Benetti Group and Sanlorenzo Yacht continue to dominate the leaderboard, but for the first time in nearly a decade, Italy's production has dipped by 1.2%. 🕵️♀️ The secretive Ferretti Group (Ferretti, Pershing, Riva, Custom Line, CRN, Wally and Itama brands) has once again declined to share its order book, but its expected they would hold third place if they did declare their numbers. 🇳🇱 So officially we then look to Feadship - a favourite! However, their numbers could be a little bit of a fake as they are hugely boosted by the delayed delivery of Launchpad, its 118m flagship. 🇹🇷 Turkey’s shipyards, like Bilgin Yachts continue to grow despite those challenges I spoke about in my previous post around labour migration. 🇬🇧 The UK is also seeing revitalisation, with Sunseeker International Ltd and Princess Yachts under new ownership! Both are refreshing their models and I can’t wait to see this boost their orders! 📈 18 of the shipyards on the leaderboard are repeats from last year. 8 have grown their order books, 11 show declines. ⬆️ Let’s look at those 8 on the up! Cantiere delle Marche is up by three projects on last year, as is Taiwan's Ocean Alexander, which is building another facility in Kaohsiung. Sunreef Yachts has also had a good year, an enjoyed its first year in its new yard in the UAE. Baglietto Yacht run continues, with 20 projects on its order book, including a number of full-custom builds. Palumbo SuperYachts, Bilgin Yachts and Viking Yacht Company, meanwhile, have posted impressive order book growth of 24%, 29% and 34%, respectively. 🤩 Here come the newbies! FC Cube (France), Ladenstein Yacht (Austria), Rockport Marine (US) and four in Turkey: U4 Marine & Interiors, Fabbro Yachts, VENTO YACHTS and Yacht Factory! All ones to watch! 👀 Hope you are enjoying my reviews… until tomorrow 👋 📰 Boatbuilding News 🖥️ Navis Consulting #boatbuildingnews #navisconsulting #wearestr #superyacht #shipyards
Great insights Hollie, thanks for sharing them. Princess Yachts in Plymouth recently announced its plans to cut about 260 jobs from its workforce citing market conditions and the measures introduced in the Labour government’s first Budget. I was surveying in King Point Marina in Plymouth late last month and there were at least 15 Princess yachts in the water undergoing post-production snagging / acceptance.
Very detailed post !
Did you eat there? There are a few of them in the city and the one in Midtown one of my favorite restaurants there 😋
Creative Director & Partner at coquine![design]
2dObviously, is there any other Smith out there?