Arcadia Yachts increases production area
Sole director Ugo Pellegrino clarifies the nature of the acquisition and explains Arcadia's plans for the future…
Italian shipyard Arcadia Yachts, which is building a reputation for its futuristic stance in superyacht construction has announced that it will be expanding its production area by 30 per cent, up to 47,000 square metres.
This substantial investment in the shipyard, which equates to over €30 million, spent over the course of 10 years, also sees the acquisition of 21 per cent of Marina di Torre Annunziata, which Arcadia will utilise for additional hauling and production space.
Arcadia’s production capacity will increase by a total of 11,000 square metres, 40 per cent of which will be indoor space. This strategic decision has been made in order to increase Arcadia’s production capacity and support the increase in the number of yachts under construction as well as the shipyard’s after-sales services.
Speaking exclusively to SuperyachtNews, sole director Ugo Pellegrino sheds some light on the acquisition and Arcadia’s plans for the future.
“The acquisition will allow us to further assist our clients to a natural trade-up that many of them are already doing with us. The expanded production area will allow us to increase production and build yachts up to 40m in length.”
Arcadia’s current portfolio does actually include a ‘forward-thinking’ concept which is considerably larger than the current Arcadia fleet, at 47m.
“At the Cannes Yachting Festival 2018, we will debut the new 31m A105 and the next year at the show we will present the Sherpa XL,” says Pellegrino. We have collected a lot of interest in our products and we are sure that increasing our production will allow us to promote our brand, our philosophy and our approach to superyacht construction.”
One of the unique offerings that Arcadia has is the integration of solar panels across its fleet. This enables the vessels to operate without the need to run the generators, therefore facilitating a more peaceful experience for those on board, as well as a reduced economic impact. While the integration of solar panels may not be too high up an owner’s priority list, in terms of any savings they are [un]likely to afford, it seems that many clients are taken by the benefits of the reduction in noise, vibrations and reduction in running costs.
“Looking at the market and our competitors, I can’t see a great deal of effort in the direction of solar panels, but I think that it’s only a matter of time because, whoever comes aboard our yacht,s understands the benefits of this solution,” explains Pellegrino. “The possibility of living at anchor without the noise of generators, of reducing the running costs and of being ethically and environmentally friendly, are benefits that will be always more important for the owners of the future.”
According to The Superyacht Intelligence Agency, there are four yachts over 30m under construction at Arcadia, three of which are scheduled for delivery this year. If these deliveries are made on schedule, by the end of 2018 the Arcadia fleet would consist of eight superyachts in total.
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