When is a refit not a refit?

As someone who has been involved with the yacht’s life cycle from many different perspectives, I have always struggled with the fact that everyone seems to use the generic term ‘refit’ for every maintenance period. There are many reasons why a yacht requires planned or unplanned, routine or emergency upkeep and repairs to be carried out and I believe that we should be smarter in the way we categorise these important periods.  

Why? I hear you ask. Well, by using the categories I will suggest below this would allow better pre-planning for everyone involved in supporting the yacht – captain, engineers, crew, owners, management companies, yards and supporting businesses. Knowing what forthcoming maintenance period is planned will allow stakeholders and those holding the purse strings to have a better idea of what type of works and budgets will be proposed.

GYG is a market leading superyacht painting, supply and maintenance company, offering services throughout the Mediterranean, Northern Europe & the USA. The group primarily trades under the Pinmar, Rolling Stock, Technocraft and ACA Marine brands.

Click to view all articles for the EPIC: ,
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
GYG Plc

More articles like this

Fintel plc

Fintel core revenue growth is higher than Zeus forecast

Fintel plc (LON:FNTL), the leading provider of Fintech and support services to the UK retail financial services sector, has released a trading update for the six months to 30 June 2022, which reveals: Core revenue grew

OnTheMarket Plc

OnTheMarket analyst Zeus confident in forecasts

Foxtons, one of London’s leading estate agencies with more than 50 interconnected branches across London, has signed an agreement to advertise its UK residential sales and letting properties at OnTheMarket plc (LON:OTMP). Zeus view: Foxtons, the

SpaceandPeople analyst Zeus restores estimates and valuation

SpaceandPeople plc (LON:SAL) secures, sells, and manages flexible space for brand experiences, short term promotions and retailing in high footfall venues for its customers, including in shopping centres and travel hubs. The Group has issued a

Lookers Plc

Lookers shares are still undervalued says Zeus

Lookers plc (LON:LOOK) has released an H1 trading update reporting a continuation of strong performance year to date. H1 2022 underlying PBT is expected to be c. £45m and Management anticipate full year PBT will also

Inchcape

Inchcape performance exceeding expectations says Zeus

Inchcape plc (LON:INCH) has released another positive trading update, with performance exceeding expectations so far this year. This follows on from a positive Q1 update on 28 April. Through quarterly improvement in Distribution volumes and operating

boohoo Plc

Boohoo Group analyst Zeus sees a strong performance in Q1

¨ Q1 financial highlights: Boohoo Group plc (LON:BOO) revenue of £445.7m is -8.3% YOY vs. a strong comp (Q1 FY22 revenue +32.1%), in line with Zeus’s forecast and management’s previously stated guidance. Gross sales growth remained