Refits are still being commissioned over new builds
Press Release: 13/05/2014
For immediate release
In recent years, shipyards and yachting businesses alike have seen a dramatic fall in new build superyachts; whilst the global recession of 2008 caused this decline, owners are still opting for refit over new build.,
Nautical Structures, a specialist in load-bearing marine structures, davits, cranes and passerelles confirmed this theory.
Rick Thomas, vice president of Nauticial Structures explained, “There are too few new projects which are driving competition to unhealthy levels at times. Whilst it is important that all companies