It has been a much-debated topic and one that we feel could benefit from a more detailed analysis. We are forecasting significant growth in the refit sector, as the fleet has expanded over the past 15 years and we are entering a cycle where refit will over-take new build as the dominant activity. Therefore, the need for the industry and customers to plan and manage the process better is paramount in order to help the yards and the subcontractors create a level playing field and a more joined-up bidding system.
We can predict logjams at the refit yards due to limited capacity and decreased windows of opportunity due to extended cruising patterns. There are also several major refit expansion plans in progress and new yards considering the repair and maintenance business model. So, we would like to invite all interested parties to take part in this project; to gather information and analyse the refit market in order to find a way to help plan, prepare and tender for refit projects in a more cohesive way.
Our first phase of investigation is underway and stage one comprises a short survey for those involved in the superyacht refit process, please take a few minutes to share your opinions and views. If you would like to discuss the topics in more detail let us know and we can contact you for more in depth information. Make your opinion count and please take part by clicking here. Five of the survey respondents will be chosen at random to win a VIP delegate place at the Global Superyacht Foum 2015 Amsterdam, which takes place in November.