After surviving jet lag – not to mention the after-effects of Hurricane Florence – Remy Millott, CEO at GYG, reflects on a hectic week spent catching up with Pinmar USA operations in Florida.
I am typing this article at 39,000 feet en route to London after a week-long visit to Florida to review our US operations and meet up with the Pinmar USA team. There is some turbulence caused by the back end of Hurricane Florence, which veered north before hitting the East Coast of the US in North Carolina and, therefore, avoiding our main bases in Savannah, Georgia, West Palm Beach and Fort Lauderdale. Having seen the devastation wreaked by last year’s hurricane in the Caribbean and the disruption it caused to cruising and refit schedules, it looks as if the industry has dodged a bullet here. Let’s hope the remainder of the hurricane season passes without further incident.
GYG is the market leading superyacht painting, supply and maintenance company, offering services globally through operations in the Mediterranean, Northern Europe and the United States. The Company’s brands include Pinmar, Rolling Stock, Pinmar Supply, Pinmar USA, Techno Craft and ACA Marine. GYG’s operations can be divided into three key sales channels:
· Refit: repainting and finishing of superyachts, normally as part of a refit programme. Revenues also include scaffolding and containment work;
· New Build: fairing and painting of new vessels as part of the build process; and
· Supply: selling and delivery of maintenance materials, consumables, spare parts and equipment primarily to trade customers.
