The family-owned Palumbo yard was set up in Naples in 1967 as a small carpentry and metalwork shop focused on the commercial sector. Its first superyacht, 54m M/Y Prima, was launched in 2011. The Palumbo Group has since grown into a major player in the new build and refit industry with seven facilities across Italy, France and Malta, and a branch office in Monaco.
SYBAss members are required to have built at least three yachts over 40m in length in the last ten years to the satisfaction of their owners. With the arrival of Palumbo, the association now has 21 member companies representing some of the top brands in the industry.
“Being a member of SYBAss is a reward for our passion and determination, which has characterised 50 years of activity, just like the attention and the high standards that we adhere to in the interests of both the industry and the environment,” says Giuseppe Palumbo, CEO of the Palumbo Group (pictured).
Palumbo’s new-build division, operating under the Columbus Yachts brand, benefitted from the acquisition last year of the ISA shipyard in Ancona on Italy’s Adriatic coast. Columbus Yachts focuses on the 70m-plus custom sector; ISA Yachts on the redesigned 36-70m ranges for which the brand was well known. According to The Superyacht Intelligence Agency, Columbus Yachts has three yachts ranging from 60-80m in build, and ISA Yachts one 36m vessel.
Credit: images by Justin Ratcliffe
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