Following the completion of a two-year refit on the world's largest sloop, M5, Pendennis is closing in on the first stage of the Falmouth facility’s extensive development and will shortly begin work on the second stage: an adjustable depth wet basin.  SuperyachtNews.com speaks exclusively with Toby Allies, Pendennis’ sales and marketing director, who believes the sizeable work undergone and due to take place will establish the Falmouth facility as one of the key players in the European new build and refit market.

The shipyard’s previous one main construction hall has been replaced with two 90m halls, which have completed development, and a further 45m construction hall, the development of which is due for completion in the coming weeks. These new construction halls will allow the 6.5 acre shipyard to cater to the needs of larger superyachts, particularly with the addition of its new 640-tonne travel hoist, which has already been used to lift 42m schooner Mariette, a previous Pendennis Cup winner, at the yard for minor engineering works and anti-foul prior to taking part in the 2014 Cup.

“This makes us more flexible with the superyacht fleet; with vessels we can take out of the water and put into our construction halls and with the boats we can put into our dry docks. Historically, we used to have two, even three boats in each section of the dry dock, which consist of two 75m bays, and now, more and more we’re getting boats over 50m in there, so with the other vessels we have the flexibility to move ashore with the large travel hoist option,” explained Allies.


The first stage of development has seen the addition of three construction halls

The facility is also in the final stage of developing a four-storey workshop, office and hospitality complex, that will be ready in time for the Pendennis Cup at the end of May – a chance for the yard to show off its latest additions. “We’ve just hosted the Superyacht UK AGM and I think the delegates that came through the yard were very impressed with what we’ve done here and our commitment to providing a world-class service to the yachts that are coming through,” added Allies. “We’ve had really positive reactions and with the Pendennis Cup in a couple of weeks, again we’ll be showcasing in front of about 1,000 guests, and all these things are very important steps forward for the yard’s exposure.”

Pendennis’ 30m sailing yacht Nostromo, which left the yard five years ago as a new build, is currently at the facility for her five-year Lloyds survey, as well as undergoing a full paint job and repair work following a lightning strike. Her owner’s representative, John Knight, commended the yard’s developments but highlighted one consistent factor throughout the five years. “There have been many improvements to the yard in the intervening five years which make life so much better. Gone are the tents, now replaced by modern halls that can accommodate not only large vessels but the 640-tonne travel hoist to move them in and out. More importantly, it is what has not changed that makes my life easier than it might be. I am dealing with the same engineers and staff that I worked with on the build, and that continuity of knowledge and expertise is a most valuable asset.”

The adjustable depth wet basin is due for completion in Spring 2015

The final stage of development, due for completion in Spring 2015, is a 100m adjustable depth wet basin that will allow yachts of 60m+ to be based directly alongside the facility before and after their yard periods. “It’s extremely positive,” concluded Allies, “and moving into next year when the wet basin is done, it will be a really good showcase of what’s available, not just in the UK, but certainly in Europe, as a refit facility for vessels.”

The Superyacht Report will be producing a Pendennis supplement that will be sent out with the shipyard issue - issue 155 - and will be available to download online. To subscribe to The Superyacht Report please click here.

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