Tansu Yachts has sold 39m project Cutlass, the fifth signed contract in one year for the Turkish yard, with Fraser Yachts representing the seller. She was being built on spec. at the yard until her award-winning exterior attracted a couple who are passionate about art and design. The new build is due for delivery in June 2016.
Tansu Yachts’ unique military-styled explorer designs have seen the yard’s prominence grow since its first 30m+ delivery, 35.2m Ceylan, in 2010. The yard has now delivered five yachts between 33.9m – 38.8m and has a further five yachts in build – the smallest being 38.4m Le Tre Sorelle and the largest being 44m Project Orca. The latter was signed just prior to the new year, however the yard is already operating at its four project capacity.
“Hot on the heels of the sale of Bartender earlier this year, the sale of Cutlass marks a new chapter in the continued success story and confirms the solid value of Tansu Yachts in the current economic market”, said Fraser Yachts sales broker David Legrand. “With state-of-the-art exterior and interior design by Riza Tansu, high quality construction, timely deliveries and reliable engineering, Tansu Yachts has proven itself as a world-class shipyard."
The Superyacht Intelligence Annual Report 2016 highlighted Turkey’s unstable new build position – the 45 yachts in build are being constructed at just 20 of the 49 active shipyards and the Turkish yards as a whole accumulated just 13 deliveries over the course of 2015. Tansu Yachts and Turquoise Yachts are currently the most active yards in Turkey with five yachts in build apiece.
The latest news in from Fraser Yachts is the announcement that Raphael Sauleau has been appointed as the new CEO and will be joining the Group on 4 April. Click here to read more.
Images courtesy Fraser Yachts