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Alloy Yachts launches 'Hey Jude' in a dwindling market

Alongside the successful launch of 44.1m 'Hey Jude', Alloy Yachts has also been forced to make redundancies over the past week.…

Alloy Yachts has launched 44.1m AY54, chirstened Hey Jude. The Sam Sorgiovanni designed 500gt vessel was launched in front of 300+ Alloy Yachts employees, VIP guests and the yacht's owners.

In a statement to the media, the owner’s representative, David McQueen expressed his satisfaction with working with the Alloy yachts team: “Working with Alloy Yachts was an absolute pleasure. Your professional team made this project a satisfying experience that we hope to be able to repeat.”

Redman Whiteley Dixon completed Hey Jude’s interior and became the first Sam Sorgiovanni design to be built at the yard. Tony Hambrook, managing director, commented that the experience held by the combination of the design team, David McQueen and the captain was key to the success of the build.



However, with this spate of positive news also comes news that Alloy Yachts has been forced to make 57 staff members redundant this week. Alloy Yachts told SuperyachtNews.com the cuts have been made in response to a lack of available work at the yard.

Alloy Yachts joins Yachting Developments and McMullen & Wing in making necessary redundancies, in what continues to be a struggling New Zealand new build market.

Alloy Yachts is still however, one of the eight remaining superyacht builders in New Zealand, following Fitzroy’s closure earlier in the year.

And the company has stated that it is continuing to work with brokers and potential clients in order to find and secure new contracts, despite the cutbacks.

Profile links

Alloy Yachts

Sam Sorgiovanni Design

Redman Whiteley Dixon

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Alloy Yachts launches 'Hey Jude' in a dwindling market

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