Ward Group Total Solution Demolition and Recycling, the business that has taken ownership on the unfinished Sensation Yachts SY32 projects, has appealed to the superyacht market to find an owner for the project following the liquidation of Sensation Yachts in 2009 by HSBC. SY32, which is the only surviving hull from a series of three unfinished 49.5m vessels, has had its resin-infused hull and superstructure constructed. However, the two parts were never joined and the engine room remains in a cradle waiting to be lowered into the hull.

Following years of legal wrangling, Ward Demolition was contracted to clear the site by its new owners, with the demolition company now in full ownership of what was inside the Sensation Yachts sheds (SY32). Ward Demolition, which destroyed the other two hulls due to their extremely incomplete state, is now looking for active buyers and reports that it has already received a number of serious enquiries.

“SY32 is a great platform for a new owner to finish the boat as originally designed or take the opportunity to change the design to suit the needs of the taste of the new owner. Anything is possible from a high-end luxury yacht to a global blue water explorer type vessel,” comments Peter Ward, managing director of Ward Demolition. “It could be an amazing vessel for someone, the project is around 40-50 per cent complete as it sits.”

According to Ward Demolition, SY32 was designed, checked and preapproved by DNV GL, as well as having had a progress monitored by the classification society. Furthermore, DNV GL has provided a written undertaking to resuming the certification of SY32, should the project get underway again.

If completed, the tri-deck SY32 would have accommodation for 12 guests and eight crew, have a 9.2m beam, 1.98m draught, use two 2,250hp Caterpillar 3512B diesel engines and displace 280 tonnes. “We’ve had offers to buy the vessel in its entirety. But we’ve also had offers from people interested in the engines, generator and bow thruster – all of which are in as new condition,” explains Ward.

 


Profile links

SY 32
SENSATION YACHTS NEW ZEALAND On Hold
49.50m 9.20m



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