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New order for Yachting Developments

The New Zealand shipyard reports its first order of 2018…

Yachting Developments announces sale of the 33m Hull 1017. The Hull 1017, an all-carbon sportfisher, is designed by Warwick Yacht Design; according to reports, the client is a previous customer of the studio. Although the released details of the project are still being kept to a minimum, the yard have said they expect the work to begin in Q1 of 2018.

“It is always a privilege to be chosen to work on a new build project and the signing of Hull 1017 is no exception,” said Ian Cook, managing director of Yachting Developments, in a statement to the press. “We are proud to have signed this exciting new project and look forward to collaborating with the Warwick Yacht Design office and their repeat client to bring this custom superyacht build to life.”

Yachting Developments is known for its sportfisher projects, including the world’s largest all-carbon design, the 39.5m Hull 1015, which was launched in November 2017. The yard, located in the Auckland suburb of Hobsonville is also known for its refit and service facilities. The region’s superyacht market is expected to gain considerable traction in the coming years ahead of the 2021 America’s Cup.

According to The Superyacht Intelligence Report 2018: New Build (published next month) Oceania, covering Australia and New Zealand as the only builders in the continent, has delivered 192 yachts to date – 3.7 per cent of the global fleet. This new order for the New Zealand yard is sure to slightly bolster its rankings within the global order book, but these numbers are still low when compared to the region’s output a decade ago, when a total of nine yachts were delivered in 2008.

Photos courtesy of Yachting Developments

To purchase the Superyacht Intelligence Business Package 2018, which includes The Superyacht Annual Reports on New Build, Training & Recruitment, Brokerage and Marinas & Migration, click here.

 

 

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