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Welcome to Pendennis

With a history stretching over 35 years, Pendennis Shipyard is one of the world’s leading superyacht refit and custom build facilities renowned for its diverse sailing and motor yacht projects. Based in its 14 acre waterfront location in the thriving maritime town of Falmouth, Pendennis employs over 500 highly skilled tradespeople and has seen its people ethos rewarded with over 20 awards since its foundation.

Pendennis’ heritage and experience include more than 300 refit projects and over 30 custom-made build projects and has been involved with some of the most iconic yachts in the world.

With over 300 refit projects in our portfolio there isn’t much that our knowledgeable team hasn’t encountered when it comes to the complexities of the refit of a client’s yacht.

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Pendennis employs over 500 highly skilled tradespeople all under one roof, bringing together individuals who have a wealth of experience in the superyacht arena. It is the expertise our people bring and the values they hold that have made Pendennis the company it is today.

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In Falmouth, Pendennis provides a world-class full-service facility with direct seaward access, capable of building and restoring custom yachts up to 100 metres. Our Technical Service Centre and 48-berth superyacht marina in Vilanova provides the perfect solution for superyachts looking for Pendennis quality and service in the Mediterranean.

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Highlights from the World of Superyacht Refit in 2022

By George Bains

With typically so much focus surrounding the launch and delivery of newbuild superyachts, we reflect on some of the highlights from the world of superyacht refit in 2022. The refit and maintenance of a superyacht throughout its lifetime provides a significant economic impetus for the many people involved in the industry, and often a refit project can be just as thrilling as a new launch.

SY Athos: Rebirth of a Classic

At historic Dutch shipyard Royal Huisman, the classic schooner ATHOS re-emerged as a reborn superyacht following an extensive conversion project at Huisfit.

The project included the addition of new booms, new sails, and carbon rigging to improve sail management and performance, while all onboard systems were updated with a considerable amount of the interior replaced or reconfigured and updated.

Huisfit worked alongside Hoek Design, with the Dutch design firm involved in all naval architecture work to accommodate these changes. Peter Mikic Interiors was responsible for the layout and styling of the main deckhouse and for the overall guest interior decoration.

The major conversion project regularly employed up to fifty skilled people for over a year, demonstrating the catalytic impact of superyacht projects on specialised industries.

Rivergate Expansion flythrough released

We first reported on plans for a major development at Rivergate Marina & Shipyard back in early 2020, and this year the award-winning Australian facility shared a glimpse into their new $200M AUD Superyacht Hub.

Having won council approval for its much-anticipated shipyard expansion, Rivergate released a project fly-through video which has built excitement about what is to come.

Rivergate ’s development includes a A$35M state-of-the-art shiplift capable of lifting vessels of up to 3,000 tonnes and 90 metres in length, along with new hardstand space, sheds, and berthing to service multiple large yachts at the same time.

The video also demonstrates how Rivergate’s vision extends beyond heavy infrastructure upgrades, with a great deal of thought given to creating an ideal environment for workers and crew. Rivergate will become a Trade Centre for Excellence with a new 5-storey purpose-built facility featuring training rooms, offices, café, world-class crew accommodation and crew recreation facilities.

7-Month Refit of Mogambo

Originally delivered by Nobiskrug in 2012, the iconic 73.5m superyacht MOGAMBO completed an extensive seven-month refit at Dutch shipyard Feadship .

The superyacht was seen departing from Feadship’ s Makkum facilities in May, and while little has been publicly shared about the seven-month-long refit, images revealed workers on Mogambo’s top deck, which boasts an enticing jacuzzi and lounge. Work also has been completed on the floor of both her upper and main decks, which hold ample areas for entertaining and relaxing.

Having received a number of awards for her powerful, challenger style exterior profile, MOGAMBO also hosts an impressive world of luxury onboard, thanks to a sophisticated interior design also by Reymond Langton Design: kept exquisitely for her owner following her last sale in 2018.

Cecil Wright Interior Refit of 55.9m SY ZENJI

Since her sale at the beginning of the year, 55.9m luxury sailing yacht ZENJI underwent an intensive interior refit , which was unveiled by the yacht’s Central Agent, Cecil Wright.

Adorned with a blue and white colour palette and rich, deep woods, the new interiors of the majestic 55.9m S/Y ZENJI are a breathtaking accompaniment to her sleek navy exteriors. Her thorough interior refit was completed this spring, and has certainly accentuated ZENJI’s attraction as an exemplary charter vessel. 

The stunning new interiors of the 55.9m vessel create a welcoming and relaxing atmosphere throughout her spacious onboard layout. A timeless, yet modern theme is showcased in her large main salon that is also equipped with a unique 1945 vintage bar. With exterior entertaining decks abundant in space for sunbathing and socialising, and an upper deck boasting a luxurious jacuzzi, ZENJI offers plenty of space for guests to relax and enjoy their surroundings.

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The Yacht Refit Guide: Tips and Realities

Although owning a yacht is a fantastic pleasure, these majestic ships also need a lot of care, which necessitates frequent trips to the yard for refit or maintenance.

A yacht refit is a significant undertaking that needs excellent management, budgeting and solid scheduling of the participating crew and contractors, whether performing a comprehensive overhaul or simply a few cosmetic and system modifications.

What is a yacht refit?

In accordance with the manufacturer’s guidelines, the team will:

• oversee every stage of construction
• keep an eye on the technical and financial performance of the contractors
• plan all surveys
• handle all paperwork related to classification, flag, and technical regulations
• and eventually launch and deliver the boat that you need and want.

Experience in yacht refit project is very important

The team has a wealth of expertise dealing with the daily challenges associated with operating large yachts. Choose a project management team has the qualification to offer a full range of yacht management services, offered in a variety of packages in order to suit one owner’s demands. 

What types of yacht refit can be done?

Examples of refits of yachts refit that can be done :

• Restoring: preserving an old wooden boat
• Modernizing: Using modern systems, technologies, and styling
• Customizing: Making changes to the yacht according to the owner’s desires and wants
• Modifying: Modifying the yacht to win a competition.
• Replacing or adding: Adding new equipment or replacing the old deck with a new one.

How to start a yacht refitting project?

Start by considering the main purpose of the work and what you hope to gain from the renovation. The main works will determine the main refit timeframe and the facilities required, but additional wish lists can typically be accommodated.

By distinguishing necessary work items from those that don’t take priority, you may clearly define the work’s scope and order of importance.

Prioritize anything that interferes with a vessel’s ability to operate safely. Additionally, anything that compromises the integrity of the vessel, such as exterior paint coatings, tank coatings, water leaks, etc., should not be put off since if they are they will wind up being very expensive to fix and will ultimately reduce the asset’s overall worth.

Any significant project that will affect the critical route needs to be prioritized in addition to any required tasks. For instance, they can be full paint, teak decking, interior renovation, or additions. This will constitute the procedure’ initial step in the quotation. The second stage consists of optional tasks that can be completed in the allotted time.

Understand the owner’s requirements in terms of cost, time, and quality. If quality is a given, then putting deadlines first might jeopardize the budget and timetable.

Know the Resources of your shipyard before refitting your yacht

Each shipyard has its own specialities, and they are not all made equal. If the shipyard is taken away from its core capabilities, we cannot expect a wonderful outcome. It can be beneficial to choose the shipyards you use with care.

A very frequent mistake is to assume that anyone working in the refit industry can guarantee the resources required to complete the job. A second possible mistake is to neglect to confirm this crucial detail. Once they obtain the firm contract, many of these setups — effectively the retrofit brokers — quickly look for subcontractors to carry out the work on their behalf and frequently offer extremely low prices. They frequently provide simple amenities, and sometimes not even these.

Keep On Budget : The Hardest Task of a Yacht Refit

You must constantly compare the amount of work completed to the percentage of money spent if you want to stay within your budget. However, it takes actual experience to realize that 80% of the budget has already been spent and only 50% of the work has been completed. Project management software is good at calculating how much money has been spent thus far versus the budget.

From the beginning of the job, the captain and shipyard project manager often meet. They confirm and agree on how much has been accomplished. The sooner you notice the slippage, the earlier you can remediate the steps. Quantifiable standards are necessary to assess the degree of completion, and they are crucial for projects involving paint and cosmetics.

Find a yard that will fix prices for work items so that they take on the financial risk and there are no hidden fees.

Get the Insurance and Firefighters Ready in Case Your Refit Goes Wrong

Insurance for shipyards is essential. To accommodate lateness, financial overruns, or any damage incurred in the shipyard, the contract’s specifics must be unquestionably clear. Check your policy to see if it covers situations involving “hot work,” such as welding, as some do not.

Similarly, due to the nature of the work, fires can break out at shipyards. Thus, check that the shipyard has top-notch firefighting capabilities. Conduct staff fire drills on a regular basis. Also, insist on crew and 24/7 watch schedule vigilance throughout the yacht refurbishment.

Read also : YACHT INSURANCE: THE DEFINITIVE OWNER’S GUIDE

Organize the Crew For Your Refit

During the shipbuilding period, strategically organize your workers. Different crew departments are subject to varying workloads during shipyard seasons. The interior team has more downtime because they are primarily in charge of preventing damage to the yacht throughout the refurbishment and performing stock takes, etc. 

The engineers, on the other hand, are typically busiest during this time of year. During a shipyard period, stewardesses, deckhands, and chefs, frequently have free time to attend professional training programs. Typically, the project manager for your shipyard will know about it. They can tell you how many crew members you will need to help do the job with the team onboard.

Expect Delay in almost every refitting projects

The truth is that there are a ton of excuses why you might not be ready on the scheduled day. When planning, take this into account and provide backup plans. Add at least 10% to account for unforeseen circumstances.

We work in real life. You can only apply so many coats of varnish each day or each week. If it is an international shipment, you may also have to consider the delay of parts. Further, you have to take care of the holdup of international shipments in customs, or the fabrication of a part when one cannot be found.  

Read also : Buying a Yacht : The Frequently Asked Question

How much does a yacht refit cost?

The price of refitting a boat varies greatly, depending upon what renovations you need. A comprehensive retrofit for a superyacht (one that is longer than 120 feet) can go from $300,000 to $1 million. The price of retrofitting a 60-foot personal yacht ranges from $60,000 to $250,000.

To only renew the rigging of a 50 feet boat, the yacht refit may cost only about $20,000. If you want to change the look by replacing the wood, paint or restrain it, the cost will go up to $300,000.

When picking the best refit provider, there are a lot of other aspects to take into account in addition to the services the yard provides.

For instance, determining a yard’s reputation and financial standing are crucial. After all, how can you be certain that they will be able to fulfil – and surpass – your expectations if they aren’t highly recommended by other customers?

In order to establish a long-term relationship with the vessel, investigate whether a yard offers competitive pricing. It makes sense to wonder if potential clients are dependable partners if it doesn’t want to enter into a mutually beneficial business partnership with them.

Clients should prefer a shipyard that aims to build a long-term connection with the vessel and provides ongoing value beyond a single yard period.

At Windward Travels, we provide all refit works for sailing or motor vessels – short- or long-term contracts. Get in touch for recurrent or preventive maintenance such as careening, revisions and class visits. Contact the team for daily repairs such as a normal repair or fixing a technical problem. Whether it is mechanical breakdowns, piping, hull damage, air conditioning, home automation, call us during emergencies at any time of the year.

Read also : CAN OWNING A YACHT (REALLY) BE PROFITABLE?

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Exploring Superyacht Refit Trends at Our Annual Meeting

by ISS | Oct 12, 2023 | Member News | 0 comments

Superyacht Refit in the United States: Trends & Challenges

The growth and changing profile of superyacht ownership in USA has led to this conversation about refit in the region. Captains and managers are facing critical challenges when it comes to refit and repair. Increasing costs, pressures on yard availability, and difficulty in securing contractors are all contributing factors. How can the USA’s refit sector develop to meet the growing demand and expectations of today’s captains and owners? Why do we see such different ways of working in Europe compared to the USA? Now, more than ever, imagining the future for refit in the region seems imperative for the healthy growth of our industry. In this interactive panel discussion, moderated by Captain Rafael Cervantes of Lady Moura, leading figures in superyacht refit industry will address the future for US and international refit yards.

Our Moderator: Captain Rafael Cervantes Rafael Cervantes Mataix has been running motor and sailing yachts professionally as captain for the last 23 years. Currently captains Lady Moura

Panellists:

• Alberto Perrone Da Zara, Director Sales Yacht Refit,  Lürssen 

Alberto Perrone Da Zara is Sales Director for Yacht Refit at Lürssen and is responsible for the sale of extensive refit projects carried out at the three Lürssen shipyards in Bremen and Hamburg. The German yacht builder Lürssen has earned a leading international reputation as the specialist for exclusive, bespoke yachts of outstanding engineering mastery. The development of sustainable technologies and innovations in yacht building are firmly anchored in Lürssen’s DNA. Refit has become a core business for Lürssen for many years. The Lürssen Group has unique facilities and unparalleled potential to carry out multiple refits simultaneously whether a yacht is a Lürssen yacht or one built by another shipyard.

Before joining Lürssen in 2014, Alberto Perrone Da Zara, who holds a degree in naval architecture, spent two years as sales director megayachts at Benetti shipyard in Italy and before that worked for large companies such as the Ferretti Group, Vicem in Turkey and Magnum Marine. In his 30 years in the yachting industry, he gained extensive experience in engineering, design, construction, sales, marketing and customer service.

• Norina Edelman, CEO, International Marine Management ( IMM )

Norina is the CEO of IMM and sister company Dockside. Before entering the yachting world, Norina was an attorney; an acumen that honed her fiscal, analytical and management skills. Norina is an entrepreneur at heart. Back in 2010 she founded IMM in Guadeloupe with her business partner and they have since expanded in to Sint Maarten and Puerto Rico as well as global projects.

• Chris Wright, Senior Technical Manager,  Hill Robinson 

Chris is responsible for technical and project management at Hill Robinson for USA. Chris offers 35 years’ experience in the marine and superyacht industries. In addition to roles as captain and chief officer, Chris has worked on new builds, refits and service management. Prior to working at Hill Robinson he spent 6 years at Rybovich a Project Manager where he coordinated major refits. Chris specializes in quality control, team management, commercial management, procurement and contracts.

• Colin Kiley, Chief Revenue Officer,  Bradford Marine 

Colin Kiley, Chief Revenue Officer at Bradford Maine, brings a wealth of knowledge and experience to his role with Bradford. Directly before joining Bradford, Colin led sales, marketing, business development, and logistics, driving growth and profitability as COO and Executive Vice President at Lauderdale Marine Center for The Carlyle Group, eventually concluding in the sale to Safe Harbor Marinas.

Colin’s marine industry experience has developed over 50 years of being on the water. The years of experience have included racing sailing yachts on the world stage, founding and leading international businesses in the service and manufacturing sector of the yachting industry, and eventually to the growth and development of some of the leading shipyards in the United States.

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Yacht Refit: A Guide

Yacht ownership is a great pleasure, but these magnificent vessels also require a great deal of upkeep, with regular periods in the yard required for yacht refit or maintenance. Whether conducting a major overhaul or just making a few cosmetic and systems updates, a yacht refit is a large undertaking, requiring excellent scheduling and budgeting, as well as excellent management of participating crew and contractors.

Finding a highly experienced, professionally run shipyard will go a long way towards heading off costly delays or possible conflict between the yacht and the shipyard, but there’s a great deal the captain and crew can do to ensure a successful, speedy yacht refit yard period.

1. Once the captain and crew have drawn up an extremely thorough yacht refit yard work list, submit the work list to numerous shipyards for quotes. Be wary of jumping on the cheapest quote, drill down into why the quote is lower. Ask around for shipyard recommendations, and be quick to note if the shipyard quote process has any errors, is revised numerous times, or simply doesn’t reflect good customer service.

2. The process must be organized by a strong project manager who is there from the start to the finish of the yard period. This is most often the captain, but can also be a trusted external project manager, and the yacht management company may also be involved. The yacht’s engineer is also heavily involved in the shipyard project management, normally holding the 2IC role onboard. The shipyard will also assign their own project manager to collaborate with the yacht’s designated person throughout the yacht’s refit.

3. Budgeting is of extreme importance. Yacht refit budget overruns are common during shipyard periods – partly due to unknown faults being uncovered during the work, but also due to poor time management or installation problems and delays. Work should be meticulously budgeted, with a running total with breakdowns to indicate where the budget has blown out (and where possible efficiencies could be gained.)

4. Shipyard insurance is imperative. The contract details must be rock-solid to apportion where liability falls for lateness, budget overruns, or any damage caused in the shipyard. Be sure to check for conditions involving ‘hot work’ such as welding, as some policies do not cover this.

5. Fires have occasionally been known to happen in shipyards due to the nature of the work, so ensure that the shipyard’s firefighting capabilities are top-notch, carry out crew fire drills extremely regularly, and insist on crew vigilance and a 24/7 watch schedule throughout the yacht refit.

6. Yacht refits can run over-time due to unexpected complications, so be aware of this when planning any charter bookings, yacht transport, or boss trips around this time.

7. Organize your crew wisely during the shipyard time. Shipyard periods exert different demands on different crew departments. For the engineers, it’s generally their busiest time of the year, while the interior team is largely responsible for protecting the yacht from damage during the refit and doing stock takes etc, and therefore has more downtime. There is often time for chefs, deckhands, and stewardesses to take vacation during a shipyard period, or enroll in professional courses. Your shipyard project manager will generally be able to tell you how many crew will be required to assist with the work being carried out by their team onboard. However, bear in mind that shipyard staff will not be willing to oversee the work of private contractors who don’t work for them— that must be done by your crew.

8. Have the contractor and dayworker admission process streamlined for your yacht refit. A common delay in shipyards is in the mornings, when dayworkers and external contractors can get held up at the gate because they aren’t listed on the day’s admissions. Have all of this organized before time, as well as contracts ready for the dayworkers to sign.

9. Get to know the shipyard where your yacht is being refit. From building good relationships with the shipyard staff to knowing the facilities, emergency services and security provisions of the yard, the better informed you are, the better your yard period will be. By choosing the right shipyard and managing the yard period well, your yacht will be back on the water on time, on budget, and even more beautiful than ever.

By choosing the right shipyard and yacht brokerage to manage the yard period well; your yacht will be back on the water on time, on budget, and even more beautiful than ever.

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A six step guide to refitting your yacht in record time

Rapid refits are becoming big business, but how can you guarantee a speedy turnaround – and is it worth it? Charlotte Hogarth-Jones and Olivia Michel investigate...

Want to make you and your boat unpopular? It’s simple: just announce that you’re planning a super-fast refit. With new-build yachts taking several years to complete and in high demand, many people have turned to buying older boats with the aim of giving them a rapid upgrade over three to four months and getting them back on the water. The pros? More time on your yacht to holiday with family and friends, or more weeks of income thanks to a competitive charter market. The cons? No one in the industry likes doing them.

“When I saw your email about this feature, my first response was ‘don’t do it,’” laughs Pier Posthuma de Boer, refit and services director at Feadship . Like many, he sees the speedy refit trend as a dangerous one. “It’s not good for anyone, because either you speed the work up so much that the quality suffers, or the yard is just going to make promises it can’t keep.”

According to Posthuma de Boer, “there are so many refits being done where yards say it’s just going to take three months, even though they’re not quite sure if they’re going to make it – they just want the project on their books and plan to have that argument later.”

Beyond that, he notes that yards are faced with so many challenges currently, from a lack of skilled workers such as painters and welders to unpredictable supply chains and costs due to the macroeconomic climate. These high-pressure projects can push teams to breaking point,  while fast turnarounds can be something of a false economy. A quick paint job might show wear faster than a properly executed one; a speedy interior might lack the level of finish of one that takes just a few weeks longer.

The pressure trickles down to designers too. “Fast refits are a hell of a lot more work,” notes John Vickers, CEO of Vickers Studio . He should know: over the past few months, he and his team have launched more than 215 metres combined of a newly refreshed superyacht, all carried out to extraordinarily tight timescales, and on large yachts between 50 metres and 100 metres. “Clients have always wanted their boats right now, but I’ve definitely noticed a shift since Covid-19,” he says.

“Charters were full and people wanted their boats ready for a holiday because they couldn’t go anywhere else,” he continues. “I think just the nature of Covid was that everyone was thinking they had to appreciate what they had right now – which in many cases meant buying a boat and making it to your tastes as quickly as possible. It’s tricky, but it’s something we’ve managed to do successfully alongside our new-build projects.”

His isn’t the only studio to have received an influx of requests. “The second-hand market has been super active and demanded a lot of us,” explains Laura Pomponi, CEO and founder of design studio Luxury Projects . She estimates they have seen a 50 per cent increase in requests for ‘instant refits since October 2021.

While some shipyards have reservations about taking on these projects, others are making hay while the sun shines. MB92 in La Ciotat in France is facing “probably the busiest autumn we’ve ever had”, says CEO Ben Mennem, who notes that in many cases, owners simply can’t afford to have their boat laid up for lengthy periods. “Yachts are no longer doing a season in the Med and then sitting around all winter,”  he says. “Boats do two or three seasons now, going all over the world. Some of them will cruise Greenland, come for a quick refit, and then head to Antarctica. The yacht needs to get to where it’s got to be to earn its living.”

Francesco Fico, the owner’s representative of 66.4 metre ISA OKTO , also agrees. “With charter rates at half a million euros a week, it’s very expensive to stop a boat like this, so the goal is always to shorten refit times,” he says.

OKTO is now considered one of the fastest refits to ever take place at Palumbo ’s Savona base, with works including a full pool repaint, furniture reupholstering and a revamp of the swimming platform being completed in less than 20 days earlier this year.

A rapid refit comes with high risks then, but the owners say the rewards justify the potential headaches. Here’s how to do it right…

Step 1: Find a trustworthy team

Choosing a yard for a refit is always an agonising decision – perhaps even more so in the case of the rapid refit. What’s crucial here is that the outfit you go with has the right facilities and experience for this specific job. Don’t worry too much about geography and how close you are to your yacht. It’s “of lesser importance”, says Pomponi, who picks builders for her projects partly based on their track record in carrying out similar work and partly on the yard’s reputation.

In terms of the size of the yard, opinion here is divided. A small shipyard might be able to be more flexible and responsive, and, crucially, have the availability to take the job on. Posthuma de Boer, however, advises going with a big yard, with a big management team. “With these guys, you have the biggest chance of getting  [your boat] in and out quickly because they know what they’re doing,” he says. “They do about a hundred projects a year.”

It’s worth asking about things like shed lengths and that the yard is able to move multiple boats at the same time – otherwise delayed projects can sometimes hamper yours – as well as assessing what kit you’ll need for the works and if your yard has it all in-house.

Mike Carr, joint managing director of Falmouth-based yard Pendennis , notes that the yard’s upgraded facilities mean they can now carry out both classic restorations and quick facelifts in a fraction of the time they used to. “When we first refitted 65 metre Adix more than 30 years ago, we had to build the cradle, hire a crane and wait for the tide. It took a month just to get the boat into the shed,” he says. “Now, it takes less than a day because we have all the right equipment.” In addition to a crane, he recommends asking if a yard has an enclosed, non-tidal wet basin or not. This allows yards to test water-reliant systems – for example, stabilisers, engines, generators and air conditioning – before the boat has even come out of the water, thereby picking up any potential issues earlier.

A shiplift is another key piece of equipment that can help yards speed up refits. Compared to a traditional dry dock, which can only accommodate one project at a time, a shiplift can transfer yachts from the water into numerous different parking spaces for work to take place. Mennem is excited about MB92’s new 4,300-ton lift, which allows up to seven yachts measuring 115 metres to be accommodated in the shipyard at one time, and will help facilitate ever-quicker refits. “That was a €45 million [£39m] investment for us, and it’s pretty much fully booked already,” he reports.

Finally, 3D scanners are another type of apparatus that can help yards forge ahead. “If we can scan a hull form and have more information available about the original construction, we can advance by cutting and welding packages that just get added at the end,” explains Mennem.

Commercial director Víctor Pérez Campos calls scanning the “main quick fix” at Astilleros de Mallorca, where record refits have included a total repaint of a 90 metre motor yacht in less than four months. “After a visit on board to scan the areas where the new items will be installed, we can prefabricate every piece of structure, equipment or furniture, reducing the yard time to the minimum,” explains Pérez Campos. When working on the 48.5 metre Feadship Audacia , Carr says the use of scanning technology at Pendennis “helped the boat be in the yard for just three months when the total construction time was probably six months”.

The ability to make parts in-house can also help bypass current supply chain issues. Houstoun Demere, VP of business development at Savannah Yacht Center, confirms that with “80 per cent of our customers having tight turnarounds due to pending charter contracts, supply chain issues tend to be the biggest problem.”

At MB92, Mennem shares that “now there’s more of a tendency to rebuild parts where before we would have bought new ones because it was cheaper.” This may increase the cost of the work, he says, but makes the point that fixing rather than exchanging is “environmentally better”, not to mention sometimes quicker.

In addition to the top kit, an extensive in-house team can help things run smoothly. Some 80 per cent of Balk Shipyard ’s workers are employed full-time, and the company believes the fact that its team already works well together saves clients time and money. “If you just hire a bunch of people and put them in a yard, you never know how the communication is going to go, and it’s not the most efficient way of doing things,” says Evan Kortmann, the yard’s chief commercial officer.

Going with a yard that’s already familiar with your yacht can also pay dividends, as Stephen Roberts, the owner of 34.6 metre explorer-style yacht Only Now found. To him, it was “a no-brainer to take the boat to the shipyard in Istanbul where it was [originally] built,” and inviting original designer Riza Tansu on board to discuss the new modifications also smoothed plans along. At the height of the pandemic, he was able to make changes to the bridge area, replace the outdoor furniture, rip out and completely “bulletproof”  the communication, Wi-Fi and audiovisual tech on board with all-new systems, leaving Roberts free to enjoy the majority of the season on his revamped new boat. “It certainly speeds the process up,” he notes.

The designer

A flexible and knowledgeable designer can also help head off any delays in advance, particularly when dealing with today’s supply chain issues. A good designer will only present you with options that they know are currently available, and present clever solutions to address your yacht’s issues in as short a timescale as possible.

At Luxury Projects – where quick refits have included a four-month turnaround on 37.3-metre Her Destiny – Pomponi states that it’s a mistake to try and rush artisans. “Their work is time-consuming, and the process cannot be sped up. If you do, the quality will be less than acceptable,” she explains. “What can and must be done is to guide the client from the start into feasible solutions, like offering readily available materials rather than redesigning.”

Vickers agrees. On his recent rapid refit projects, his team “bought everything suitable that was in stock in London pretty much, and around Europe”, he explains. They searched exhaustively for items that fit the brief and presented the client with a carefully curated edit. Owners need to be flexible here, he says. “If you’ve only got three months instead of three years, you’re more limited as to what’s available.”

The design period is so condensed that a more intense period of time spent between owner and designer can be beneficial, he continues. With the full refit of 75 metre Leander , he spent a week as a guest of the client, during which time he was able to completely rework the yacht’s layout based on his requirements, as well as draw up ideas for the yacht’s joinery, and have the owner sign off the plans by the end of his stay.

By the end of the following week, his team had turned his hand drawings into proper CAD designs, and by the end of six weeks, all the visuals and design drawings were approved, while the yacht’s interior was already being ripped out. That left as much time as possible for the build to take place.

Having the key decision maker's ear for that one week was useful, he says, and is a good idea, especially for owners who live abroad or travel frequently. “You also get to see how they live, the type of interiors they like, and you can develop a concept together.”

The project lead

A project lead who you trust and who can make decisions on your behalf is key. If plans need to be run via three or four people, that can easily lead to three- or four-week delays, say the yards.

“The most efficient refits I’ve done have been with senior captains who are well-schooled in doing them,” says Posthuma de Boer. “They have the direct ear of the owner, they know the boat inside out because they’re on it every day, they can manage operational and logistical decisions and they have authority on the budget – but, of course, that very much depends on the skills of the captain. There are a lot of captains who are simply more skilled in sailing a boat than managing administration.”

In that case, a management company can be the answer, but wise owners should plump for a small firm led by a handful of experienced professionals, advises de Boer. “What we have sometimes are management companies that throw a lot of youngsters and spreadsheets at a project,” he says. “That doesn’t add efficiency. It just costs more and takes more time, and creates additional operational costs.”

Step 2: Prep as much as you can

Besides choosing a decent team, the best way to ensure a fast turnaround is to prep for the work as far in advance as possible. “Often when an owner wants a boat tomorrow, they bring it into the shipyard, and then it just sits there while they do all the preparatory stuff that you could have done beforehand,” says de Boer. Ordering furniture and having it made, doing the engineering and pre-ordering parts can all be part of this, as is making a proper plan about what works can be done at the same time and in what order certain processes have to take place.

“The yacht can’t give us the work list the day it arrives and expect us to do it,” stresses MB92’s Mennem, calling refits “a team effort” between the client and the yard. Prior to OKTO ’s refit, Fico explains that using Pinpoint software was crucial for allowing the crew to keep track of necessary jobs on board and communicate with the yard, receiving quotations two to three months before the yacht’s yard period. “When we arrived, the new parts were waiting for us,” he explains.

As waiting lists increase, simply booking in early is a wise move. Carr has now noticed that clients are starting to engage much earlier than before, with bookings already made for winter 2023/24, while Kortmann finds it strange that many owners don’t book a slot in advance. “You already know when your five-year survey is, so reserve that slot now,” he advises, while also noting that being flexible when works are carried out – for example, in the spring rather than the beginning of the refit season in October – can help to move works forward.

Step 3: Consider quick fixes

If time is of the essence, then it’s worth thinking backwards from what you’re trying to achieve.  If the aim is simply to give an older yacht a bit of a facelift, there are simple hacks that look good but take a minimum amount of time. Kortmann says that wrapping the yacht’s interior is “a quick and dirty way of fixing it, and making it look nice and smooth again”, while replacing the aft sliding door often has a big impact on the look and feel of the yacht. “If you expand the swimming platform in the aft, that also gives you another look, and you can do that easily. Many of the older vessels have fixed benches outside and inside. If you take them away and replace them with loose furniture, that’s a big change.”

Joris Saat, an independent refit consultant currently working on a 60 metre yacht, advises focusing on “small things with major impact, such as the carpets and flooring”. Concealing equipment can make a dated boat look fresh. A project is cheaper and quicker if the boat can stay in the water, he notes, so rule out painting, fairing, or anything below the waterline if you really want things done fast. Another means of making a quick but significant visual impact is through lighting, notes Pomponi, suggesting that installing LED lights without altering anything else can sometimes be enough to “magically change the ambience on board”.

As a general rule, replacing engines and generators, stabilisers, window frames, moving pipes and insulation or displacing anything that was fixed to the wall or the floor usually takes three months at the very least.

Step 4: Be flexible

A bit of lateral thinking can help projects happen faster. If you don’t want to lose your yacht for a number of months in a row, you can think about splitting works into small chunks, or combining certain elements of the refit with two-month maintenance periods, says de Boer. It can make work less efficient, and more expensive, but means you don’t have to change your sailing schedule. You can also start and finish refits in separate locations, meaning, for example, that you could start works in the Mediterranean, make a crossing, and finish them in Florida, thereby manipulating the refit into a period that suits the yacht’s schedule. It’s an approach that worked for owner Andy Scott, who finished the UK refit works on 31.7 metre Elton in Valencia to make the most of an opportune weather window.

A proper understanding of what’s being asked from the owner’s side can help move mountains too. On the 88.5 metre Cloud 9 , Vickers says that the client’s respect for the time situation really helped make the impossible, possible. “They helped themselves by being aware that they were asking a lot and made sensible and quick decisions – a four-month refresh is a serious challenge, they trusted us, we were able to do it and they were able to use the yacht this summer and also gained some weeks of the charter.”

Scott goes one step further, encouraging owners themselves to “muck in” as it will both increase the speed and decrease the costs of refitting. Beginning in November 2020, Scott’s classic sailing yacht was refitted, re-rigged and commercially certified for charters with West Nautical in just three months at Endeavour Quay Specialist Boatyard in Gosport Marina, Hampshire. “I’ve built 500 houses and have owned seven or eight boats, so I know my way around major refurbishment issues,” explains Scott. “The challenges of the project were whenever we had to involve bigger companies. It’s important for the safety bits to get the right people in, but cosmetics-wise, just do it yourself, I’d say. If it’s a labour of love, you’re bound to do it more efficiently.”

Step 5: Leverage personal connections

As in business, personal connections count when asking teams to go the extra mile, and it can pay to either draw on your own relationships, or ask others to do the same. Kortmann puts the speed of some of their fastest refits down to “the Netherlands network”, something he says is not specific to Balk. Having a wealth of reliable labour and smart people “enabled us to work with suppliers in a really short time”, he says, adding, “There’s trust and open communication there.”

The three-month refit of the 88 metre Maltese Falcon was also able to happen thanks to a close relationship between the boat’s owner, and the yard’s (Zancle 757) CEO Rocco Finocchiaro, who also happened to be a former captain. The pair had met at Yacht Club de Monaco, and “the owner felt that she could count on us to make the best of the refit and [overcome] its challenges, thanks to our emotional investment in the boat,” he explains.

Dynamics on the work floor also have a minor part to play. “It’s not so much only a good relationship between senior management and the owner of the boat, but it’s also the relationships between people [that matter],” notes de Boer. “At the end of the day, if I have to choose between two projects and one is an idiot and one is a nice guy, you’re going to choose the nice guy. That will speed up the process for sure, although it won’t save you months.”

Step 6: Increase your budget - or don't

The age old solution: throwing money at the problem. When it comes to rapid refits, the general consensus is that a bit more cash is going to be necessary, but it’s not a fix-all solution. Some processes simply cannot be sped up or the quality suffers if you do (using heaters to dry paint jobs, for example), while sceptics claim the extra cash doesn’t get you far.

“It goes without saying that super-fast works can involve huge costs” says Giulio Maresca, president of Palumbo’s Marseille shipyard where a 15-year Lloyd’s Register survey for 73-metre Titania was finished in just eight weeks. Maresca details that the additional “preparation and manpower” needed to reduce hours were the source of higher bills. Scott likewise used extra shift work at Endeavour Quay boatyard, but it came with a price, he says. “Extra shifts will effectively double the speed at which you get stuff done, but if you expect people to work weekends and late nights, they will charge you more.”

Spending more on spare parts will also help owners tackle supply chain issues, as was the case with OKTO ’s refit. “We increased our spending budget by 20 per cent to 30 per cent to order extra parts and stock them on board,” explains Fico. Pomponi has seen that “the average new owner spends about 30 per cent more on refits compared to three years ago”.

On the full exterior and interior refit of Oceanbird , a 53 metre Sanlorenzo, Vickers’ team of 13 was able to produce a whole set of CAD plans and 25 visuals in three weeks, and states that the owners’ increased budget is what propelled the project at speed. “I could increase the team, I could get the very best resource and contractors, and  it’s brilliant, as it means you can really deliver.”

An expanded design team might be a better use of funds than asking yards to work double shifts. “We’ll work weekends, but we don’t often run two teams (one during the day, one during the night), because we don’t find it gets the best result. Additional communication is required between them to have a clear view of the project, and it adds extra pressure,” says Kortmann.

Posthuma de Boer agrees.  “A couple of years ago I would have said that it’s true, but experience has told me it’s not,” he says of the trend to up your budget. “In practice, paying twice the money and putting twice as many people on the job offers marginal gains. The time that’s needed to communicate, the extra money you have to give people for overtime, just the fact that the industry isn’t used to it and you’re limited by other factors. You can speed things up a little bit, but by no means can you halve the time.”

Still want to go ahead with it all? There’s one final piece of good advice. “I always tell owners to use the boat for at least a season,” says Saat.  “Use it, sail it, really work out exactly what needs  to be changed and what you do and don’t like.” From his experience, what starts out as a minor three-month refit often turns into a mid-sized one, while average projects can end up comparatively major.

Rapid or not, it’s worth taking the time to work out what you’re getting yourself into.  And, hey, why not enjoy that first season on your boat while you’re working it all out?

First published in the November 2022 issue of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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Yacht Refit Cost

There is a false impression about yachts – that they only require a refit if they are on their last legs and are barely seaworthy. This simply isn’t the case. 

If you think in terms of houses, you refit your home from time to time to update how it looks, to reflect both your personal taste and changing trends: to future proof it and ensure it remains fit for purpose.  

Now consider when you would usually renovate your house. Normally, the highest expenditure is when you move in, as you want it exactly the way that suits you before settling in. You might spend smaller amounts updating it from time to time, as fashions change, before spending the second highest amount of money when you plan to move out.

Why? Because you realise that, by making it look more up-to-date and attractive to potential buyers, you’ll get better value for it.  The cost of any work is justified by the proportionally far larger increase it adds to the value.  

Delivering Value

Much the same applies to yachts. A refit by Setag is there to add value. It isn’t the equivalent of fixing a dilapidated house – rather it should be seen as a way to futureproof your yacht and make it reflect your taste, personality and needs.  

One of the most common customer situations the yacht business caters for is the returning customer who wants to upgrade their vessel. Our solution at Setag is to offer a larger pre-owned model, without the depreciation and work with the customer to carry out a thorough refit at the fraction of the cost. That way they have all the benefits of a new build – with bespoke interiors created for them as well as up-to-date electronics systems, but delivered at value.  

A Sustainable Transformation

We provide a beautiful level of service, offering luxury to the pre-owned market – ensuring that you are in control of your yacht’s refit at every stage. You get to sit down with one of the best interior designers in the business and work with them to create the yacht that you have always dreamt of, rather than simply making do with the pre-owned boats available, in the state that you find them.  

In turn, we can make a very significant impact on the vessel for 10-15% of the boat value . So there’s a good economic answer for having a Setag design & refit, but a full, dedicated refit service simply hasn’t existed until now.  

We’re ready to redefine, refit and remaster your yacht, according to your needs. Get in touch today to Realise the Art of the Possible.

Redefined by Setag

Each project is truly bespoke, catering to individual needs. If you are moving into a new house, you naturally want to renovate to put your own stamp on it – to make it feel like your home. So, why would you be happy to live with someone else’s taste when it comes to your yacht?

Yacht Refit

One of the most common questions we are asked by potential clients is what we mean exactly when we talk about offering a refit service for yachts. There is a false impression about yachts that they only require a refit if they are on their last legs and are barely seaworthy. This simply isn’t the case.

With SETAG, you can make a huge difference when you buy something secondhand, maybe a bit tired and then you put all of this beauty in it and you create what effectively is a brand new boat. Completely to your own liking, your own standard...creating the perfect boat for us.

Brilliant concept...new boat look and feel at pre-owned prices - by the industry experts. Recycling at its best!

The great thing is, none of this is off the shelf - I love this boat and now she’s got her frock on...this is the best money I've spent.

If you want to redefine, refit and remaster your boat who better to do it than the people who designed it in the first place? "What a fantastic idea!"

We cannot recommend the SETAG team highly enough. If you love your current boat, then for a fraction of the cost to change it, have it SETAG’d. The SY branding certainly helped us obtain a premium price. We got what we paid for her in 2017 plus what we spent with you!

I have worked with Chris for over 30 years and I’m pleased to see him develop his own brand - along with likeminded people with industry-leading expertise. The future is bright for Setag Yachts and pre-owned yacht owners, who can now refurbish their vessels to today’s - or even tomorrow's standards.

That has been one of the key selling points for us – having that personalised service and having a boat that is unique to us – is standout in its own right. We are pretty blown away…very very pleased. I think it’s fabulous…it has transformed the boat.

The perfect way to open up a new market: the "true reflection of luxury". Setag gets it: simplicity and personalisation are key – with the depth of knowledge to deliver.

Setag are probably the only company who can carry out all the tasks as a ‘one stop shop’. Other yards were reluctant to price work and needed to subcontract many tasks meaning higher costs and longer lead times. If you are in any doubt speak to Chris and his team, they know boats like no one else.

We have been waiting for this quality of service: a comprehensive, professional refit that we can rely on – because of the pedigree of its staff, with over 200 years' experience in our market.

You have put Princess magic into our beloved Broom.

Never have I come across a more able collection of professionals in this market. We have complete trust in Setag, since its team has been in the business for as long as we can remember. We're very excited to welcome this specialist refit company into our portfolio.

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Yacht Refit

Florida is home to more registered yachts than almost any other state, so it goes without saying that South Florida is one of the world’s leading destinations for yacht refits and yacht repairs. At Tess, our Fort Lauderdale yacht refit services are designed with one goal in mind — to provide you with a yacht that you’ll enjoy for years to come. Learn more about how we can help below, then schedule an appointment today.

Yacht Refit Services

Unlike smaller recreational boats, Super Yachts require a great deal of specialized maintenance and service. Regardless of whether your yacht needs routine maintenance and repair or if you’re looking for an entire systems overhaul, a yacht refit can extend the life of your vessel for many years.

When you’re considering yacht refit companies, it’s important that you work with a team that is experienced in everything from marine electrical refits to marine engineering and everything in between.

Tess Electrical LLC has provided marine electrical and engineering services as well as yacht retrofit services in South Florida for more than 35 years. As a more specialized electrical contractor, Tess can facilitate yacht refits of any scope—from electrical system overhauls to interior updates, as well as total yacht renovations.

When Should You Retrofit Your Yacht?

There comes a point for many yacht owners on whether to renovate their yacht or trade it in for a new yacht. In many cases, a refit is a better choice than selling the vessel and does add value to the yacht if it stays within class. With a refit, you can customize your yacht to look and operate precisely to your desired specifications.

Refitting has been on the rise in recent years as more owners seek to refit their existing vessels. Also, an increasing number of people are buying used yachts because it’s less expensive to refurbish an older ship than to buy a new one in some cases.

A refit typically involves significant electrical, structural, and mechanical work. Many yacht owners schedule a refit every five years to coincide with the survey and recertification process that most insurers require.

What Marine Electrical Components Are Addressed in a Yacht Refit?

Tess specializes in electrical system refits, repairs, and installation. Every yacht has a complex electrical system made up of lights, monitors, breakers, relays, alarms, and so much more. The company’s marine electricians and engineers use the latest technology and equipment to inspect and test voltage, amperage, and resistance.

Based on this expert evaluation, the Tess team will give you advice on repairing or upgrading electrical systems. Making relatively small changes can improve your yachting experience. For example, retrofitting internal and external lights with LED lighting can reduce energy demands and minimize future lighting maintenance. This can also improve overall safety on board by reducing the risk of fires.

A marine environment can erode the highest-quality electrical system. As part of the retrofit process, Tess uses Megger testing (also called insulation resistance testing) to gauge how well the yacht’s electrical systems can resist current flow. This test helps Tess target areas that need an upgrade.

The most common electronics upgrades include:

• AIS (Automatic Identification System)
• Depth sounder (sonar)
• Internet/WiFi

Request a Quote for Your Yacht Refit Project

Tess Electrical offers repair, maintenance, and retrofitting for yachts of any size. The marine service industry highly respects the company’s electrical and engineering knowledge and expertise. The Tess team has experience in everything from detailed mechanical drawings of retrofit concept plans to custom designing lighting and monitoring systems, ensuring that each yacht retrofit service comes together perfectly.

Tess Electric can extend the life of your yacht — and improve its overall safety — with a retrofit. It provides AutoCAD design for any electrical project. The company specializes in the design, installation, repair, and maintenance of:

• Yacht alarm systems
• Power systems
• Entertainment and AV systems
• Wiring and electrical fixtures and appliances
• Switchboards and control panels
• Load banks and shore converters

What Is the Process To Refit a Yacht?

A marine environment can age a yacht’s systems quickly with the harsh environment they operate in.. A complete refit is an excellent way to repair, replace, and upgrade systems at once rather than waiting for them to fail sporadically. Refits vary depending on the yacht’s size and age, budget, necessary repairs, and the owner’s customization choices.

Initial Survey

A marine survey is the first step in most refits. Conducting a yacht survey helps determine what repairs and upgrades are necessary and makes refits easier to plan and budget. You should always have a trained professional perform the survey to detect damage and potential issues that a non-expert could overlook.

In most cases, survey experts like Tess will thoroughly inspect the yacht’s systems, structure, and propulsion. The professionals at Tess perform comprehensive assessments of your yacht, including:

• Topside, tank, and underwater coatings
• Class and flag regulations
• Interior appliances and devices

Following a survey, Tess works closely with the yacht owner to create a project plan, design concepts, and work scope. Tess will appoint a project manager to handle each stage of the project. They will coordinate everything, including hiring subcontractors wherever necessary.

Yacht Refit Cost

The cost of renovating a yacht varies greatly, but a survey will help you get a renovation estimate. If you own a superyacht (over 120 feet in length), a thorough retrofit can cost between $300,000 to $1 million. A retrofit of a 60-foot personal yacht costs between $60,000 and $250,000.

How Long Do Yacht Retrofits Take?

One of the benefits of a retrofit is that it can take half the time of waiting for the delivery of a new yacht. Again, estimates vary depending on the vessel’s size and the renovation, but most refits take between a few weeks to a few months.

Types of Yacht Upgrades

Along with electrical and mechanical upgrades, many refits include cosmetic changes to the yacht. Some of the most common interior upgrades include:

• AV system: Advances in technology call for upgrades to the internet, audiovisual , and sound  systems
• Electrical Systems: One of the most important things we do for a yacht retrofit is to replace part or all of the existing electrical system for safety and efficiency purposes.
• Power Management Systems: Replace or upgrade the yachts existing power management systems
• Alarm Monitoring Systems: Alarm, monitoring, and control are vital functions on marine vessels. TESS develops and implements these systems, as well remote platform performance monitoring.

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By SuperyachtNews in collaboration with Pinpoint Works Ltd 11 Jan 2024

PARTNER CONTENT

Superior project management tools for refit shipyards

Pinpoint works’ dynamic and customisable interactive worklist management platform is fast becoming the industry’s go-to communication solution….

The phrase ‘superyacht refit’ might conjure up custom designs for modifications, extensions and additions, such as helicopter platforms and pools, as well as state-of-the-art technology. Combining this with advancements in technology from better construction techniques, enhanced by 3D printing, modern robotics and ship building, breathing new life into a luxury vessel is an exciting undertaking. Yet expert teams face enormous challenges when enabling yacht owners to upgrade their dreams. 

One company accustomed to superyacht refit is Pinpoint Works, founded by superyacht captain James Stockdale after he was frustrated with workflow inefficiencies and communication within the new-build and refit process. 

Pinpoint Works offers a dynamic, affordable and customisable interactive worklist management platform to streamline complex processes. Key benefits include an interactive general arrangement for a visual overview of projects, mobile apps for convenience, auto-formatted images to speed up the process of reporting documentation, and a simple export function to PDF, Word or Excel, ensuring on-site walkarounds and meetings are a breeze.

This is fast becoming the industry’s go-to, all-in-one yacht worklist communication platform. Pinpoint Works has been adopted and implemented by more than 350 superyachts, hundreds of smaller pleasure yachts and dozens of other companies within the superyacht industry, including some of the world’s largest, most prestigious shipyards. Users include shipyard project managers, owners’ teams, yacht-management companies, independent contractors, paint surveyors and yacht crew. 

What the users say  One project manager from Silent Yachts (a company focused on establishing a new era of sustainable yachting) recently praised the platform. “Pinpoint Works has been an excellent tool for the Silent Yachts team. It helps us communicate more efficiently with each other and assign tasks to the right people while simultaneously reducing email traffic.

“Generating reports for internal use and clients has become more accessible and quicker to create, thanks to the export capability of the system. The system is user-friendly, so everyone uses it with minimum training required.”

Pendennis Shipyard recently com-mented on their experience using the platform. “Pinpoint has brought about a change in the way we are thinking about and tracking work, including quality control and warranty.

“The mobile app has enabled instant reports to be generated while work is in progress, and the quick syncing with the dashboard allows a continuous overview of work completed. The use of tags and the ability to add documents enhances reports by having all the information required in one place and reduces the need for exchanging long email trails.”

High levels of data security Pinpoint Works has recently achieved certification in the internationally recog-nised ISO 27001 management standard with ISO Quality Services Limited. This means the company has implemented policies, procedures, processes and systems that manage information risks, such as cyber-attacks, hacks, data leaks or theft: a further testament to its commitment to creating superior yacht-ing technology. 

Innovating for the future  Since being acquired by Voly in early 2023, Pinpoint Works will soon be integrated with Voly’s financial man-agement platform. The new integration will benefit the management of new-build projects and refits, offering a total solution with financial management. A true upgrade in worklist management for the yachting industry, where boat refits will have real-time data of budgets, invoices and transactions visible in one place.

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