At the end of 2015, a group of investors purchased the facility of former Cantiere Navale di Pesaro on the Adriatic coast of Italy with the intention of setting up a refit shipyard for large yachts. The yard has been renamed Cantiere Rossini and is now open for business.

With a 15 million euro investment, a full restoration and reorganisation of the site has already started and a sheltered dock with seven stern-to berths for yachts up to 55m is already available. No information about the investors is being disclosed, except that they are foreign and have prior links with the yachting industry.

Just a few days after having positioned the new ground tackles, three yachts arrived at Cantiere Rossini's dock for maintenance works: 55m Benetti Lady Michelle; 40m Benetti Al-Bouchra and 34m Admiral Alhena.

The shipyard’s management team includes Captain Stewart Parvin as CEO, Alfonso Postorino, former ISA Yachts, as shipyard director, and Gianluca Devicienti as operations manager. Speaking exclusively to SuperyachtNews.com, Postorino describes the strategic time and location of the yard’s opening.

“There have been a large amount of refits going on despite the financial crisis,” he says. “In addition, there are very few other refit yards on the Italian Adriatic cost, so our competition is quite low. We are seeing more and more yachts cruising in the Adriatic every year, particularly in nearby Croatia, so we expect our location to be a success.”

Furthermore, the yard is located in a region with several superyacht builders, including Ferretti and CRN, meaning that the business is able to take advantage of the skills and expertise of local and established subcontractors.

Cantiere Rossini will offer a range of services, from minor repairs and routine maintenance to complete refit. The yard’s team will be also the first point of contact for both owners and crew for matters such as supplies, transportation and recreation. 

By the end of 2017, a refit shipyard with 15,000sqm hard-standing area and one 600-tonne travel lift will be operational. By early 2018 the shipyard will be completed with two paint sheds and crew spaces including 16 luxury crew apartments overlooking the harbour, a separate building with bar, large gym, lounge and rooftop terrace.