Whether you are looking for a superyacht repair or a large boat refitting, the record shows that more than 300 shipyards worldwide fully specialized in refitting for a yacht over 65 meters long.
Factors to Consider When Choosing a Shipyard for a Yacht Refit
When you want to choose a shipyard for a major yacht refit, there are two ways you can go about it.
- The first option, which is the easier way, is to go through a broker who will handle searching for shipyards and complete the negotiation; this is less time-consuming for the owner and less stressful but involves an additional commission for the Broker.
- Depending on how much time you have, The second way you can go about it is by searching for the shipyard yourself. Of course, it will include having more knowledge about shipyards and yacht repairing, but it will reduce the cost.
A few things you need to look at while choosing a shipyard are:
Reputation
You can define a shipyard’s reputation by the quality of people referring to them. Start by asking others who have had successful refitting jobs done for them to recommend a shipyard. With these recommendations, you can at least be sure you have a list of reputable shipyards.
Facility
The next thing you need to consider is the type and quality of the facility. Ideally, it would help if you visited the shipyard to ensure the facilities can handle the kindproject you want to start.
Expertise
This is a non-negotiable factor. You need to see past work portfolios they have completed to determine the level of their expertise. This is closely related to the first factor we looked at reputation.
- Financial Stability
Check for the shipyard’s financial report is an important factor to consider. A shipyard’s financial stability is also a sign of its capacity to deliver on time and succeed in its field.
Conclusion
Whatever your reason for needing a superyacht refit, regardless of whether you are a prospective owner or an existing owner looking to refit a yacht, it is important.
Though the four factors listed above may not be exhaustive, they provide a solid foundation for your search for a suitable shipyard.
