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GRAND BANKS MARINE - For Sale

Company History

Grand Banks Yachts was founded in 1956 by Robert J. Newton and his sons, John and Whit, in Hong Kong. Originally, the company was named American Marine, Ltd., and it began as a custom boatyard building heavy sailboats and motor yachts. The company gained significant recognition in the 1960s when it introduced the Grand Banks 36, a trawler-style yacht that became iconic for its classic design and seaworthiness. Over the years, Grand Banks Yachts expanded its lineup to include a range of models, each maintaining the brand's commitment to quality craftsmanship and timeless design. The company has undergone several transformations and innovations, adapting to changing market demands while preserving its heritage.

Country of Origin

Grand Banks Yachts was originally founded in Hong Kong. However, the company has since expanded its operations globally, with significant presence in the United States and other key markets.

Manufacturing Locations

The primary manufacturing facilities for Grand Banks Yachts are located in Malaysia. The company moved its production to Malaysia in the 1990s to take advantage of the skilled workforce and favorable economic conditions. The state-of-the-art facilities in Malaysia allow Grand Banks to maintain high standards of quality and efficiency in its production processes.

Ownership and Management

Grand Banks Yachts is publicly listed on the Singapore Exchange. The company has seen various changes in ownership and management over the years, with a focus on maintaining its legacy while driving innovation. The current management team is dedicated to upholding the brand's reputation for excellence and steering the company towards future growth.

Reputation and Quality

Grand Banks Yachts is renowned in the yachting industry for its commitment to quality, craftsmanship, and timeless design. The brand has received numerous awards and accolades over the years, reflecting its status as a leader in the luxury yacht market. Grand Banks yachts are celebrated for their durability, performance, and classic aesthetic, making them a preferred choice for discerning yacht enthusiasts worldwide. The company's dedication to innovation and customer satisfaction continues to reinforce its reputation as a premier yacht builder.

Main Competitors

Grand Banks Yachts operates in the competitive luxury yacht market, where it faces competition from several other prestigious yacht manufacturers. Some of the main competitors include:

  • Fleming Yachts: Known for their long-range cruising yachts, Fleming Yachts offers a similar classic trawler-style design that appeals to the same market segment as Grand Banks.
  • Nordhavn Yachts: Specializing in expedition yachts, Nordhavn is recognized for its robust and seaworthy designs, catering to clients who prioritize long-distance cruising capabilities.
  • Selene Yachts: Selene Yachts produces a range of trawler yachts that compete directly with Grand Banks in terms of style and functionality.
  • Marlow Yachts: Marlow Yachts is known for its luxurious and innovative designs, offering a range of yachts that compete with Grand Banks in the high-end market.
  • Beneteau Group: As one of the largest yacht manufacturers in the world, Beneteau offers a wide range of models that compete with Grand Banks in various segments of the market.

Current Production Status

Grand Banks Yachts continues to actively produce yachts, maintaining its reputation for quality and craftsmanship. The company has adapted to modern production techniques while preserving the traditional elements that have defined its brand. The production facilities in Malaysia are fully operational, and the company is committed to meeting the demands of its global clientele.

Production Volumes

While specific production volumes for Grand Banks Yachts are not publicly disclosed, the company is known for producing a limited number of high-quality yachts each year. This approach ensures that each vessel receives the attention to detail and craftsmanship that the brand is known for. The production process is meticulous, with a focus on quality over quantity, allowing Grand Banks to maintain its esteemed reputation in the industry.

Latest News

Grand Banks Yachts has been actively involved in several initiatives and developments in recent years. The company has focused on expanding its product lineup, introducing new models that incorporate the latest in design and technology. Grand Banks has also been involved in sustainability efforts, exploring ways to reduce the environmental impact of its production processes and yachts. The company regularly participates in major boat shows and industry events, showcasing its latest innovations and engaging with the yachting community. These efforts reflect Grand Banks' commitment to maintaining its leadership position in the luxury yacht market while adapting to evolving industry trends.

Frequently Asked Questions

Question:What is the history of Grand Banks Yachts?
Answer:Grand Banks Yachts was founded in 1956 by Robert J. Newton and his sons in Hong Kong. Originally named American Marine, Ltd., the company gained fame with the introduction of the Grand Banks 36, a trawler-style yacht that became iconic for its design and seaworthiness.

Question:Where are Grand Banks Yachts manufactured?
Answer:The primary manufacturing facilities for Grand Banks Yachts are located in Malaysia. The company moved its production there in the 1990s to leverage the skilled workforce and favorable economic conditions.

Question:What makes Grand Banks Yachts unique?
Answer:Grand Banks Yachts is renowned for its commitment to quality, craftsmanship, and timeless design. The yachts are celebrated for their durability, performance, and classic aesthetic, making them a preferred choice for discerning yacht enthusiasts worldwide.

Question:Are Grand Banks Yachts suitable for long-distance cruising?
Answer:Yes, Grand Banks Yachts are designed with long-distance cruising in mind. Their trawler-style design and robust construction make them ideal for extended voyages.

Question:How does Grand Banks ensure the quality of its yachts?
Answer:Grand Banks maintains high standards of quality through meticulous craftsmanship and attention to detail in every aspect of the production process. The company uses state-of-the-art facilities and employs skilled artisans to ensure each yacht meets its rigorous standards.

Available Models

Grand Banks Yachts offers a range of models, each designed to meet the diverse needs of its clientele. Below are some of the available models, along with their key characteristics:

Grand Banks 60

  • Length:65 feet
  • Number of Cabins:3
  • Maximum Speed:32 knots
  • Engine Type:Twin Volvo Penta D13

The Grand Banks 60 is a flagship model that combines classic design with modern performance. It offers spacious accommodations and advanced technology, making it ideal for both leisure cruising and long-distance voyages.

Grand Banks 54

  • Length:60 feet
  • Number of Cabins:3
  • Maximum Speed:30 knots
  • Engine Type:Twin Cummins QSC8.3

The Grand Banks 54 is known for its elegant design and efficient performance. It features a comfortable layout with ample living space, making it a popular choice for families and entertaining guests.

Grand Banks 52

  • Length:56 feet
  • Number of Cabins:2
  • Maximum Speed:28 knots
  • Engine Type:Twin Volvo Penta D11

The Grand Banks 52 offers a perfect blend of style and functionality. Its spacious interior and advanced navigation systems make it suitable for both short trips and extended cruising.

Grand Banks 44

  • Length:49 feet
  • Number of Cabins:2
  • Maximum Speed:25 knots
  • Engine Type:Twin Cummins QSB6.7

The Grand Banks 44 is a versatile model that provides a comfortable and efficient cruising experience. Its compact size and maneuverability make it ideal for exploring coastal waters and secluded anchorages.

Each model in the Grand Banks lineup is crafted with precision and attention to detail, ensuring a luxurious and reliable yachting experience. The company's commitment to innovation and quality continues to set it apart in the competitive luxury yacht market.

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Learn more on the “GRAND BANKS MARINE”

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please call +1 (954) 274-4435 USA

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