PENDENNIS - For Sale

Company History

Pendennis Shipyard was founded in 1988 by Peter de Savary in Falmouth, Cornwall, United Kingdom. The company was established with the vision of creating a world-class yacht building and refitting facility. Over the years, Pendennis has grown significantly, becoming one of the leading superyacht builders in the world. The shipyard has been involved in the construction and refit of numerous high-profile yachts, earning a reputation for quality craftsmanship and innovative design. Key milestones in the company's history include the launch of the first Pendennis-built yacht, the 125-foot motor yacht "Ilona," in 1993, and the expansion of their facilities in 2014 to accommodate larger vessels.

Country of Origin

Pendennis was founded in the United Kingdom, specifically in Falmouth, Cornwall. The location has played a significant role in the company's development, providing access to skilled craftsmen and a rich maritime heritage.

Manufacturing Locations

The main manufacturing facility for Pendennis is located in Falmouth, Cornwall. The shipyard spans over 10 acres and includes state-of-the-art construction halls, workshops, and a wet basin. In addition to their primary location in Falmouth, Pendennis also has a refit facility in Palma, Mallorca, which allows them to offer services to clients in the Mediterranean region.

Ownership and Management

Pendennis is privately owned, with the majority of shares held by the management team and employees. This ownership structure has allowed the company to maintain a strong focus on quality and customer satisfaction. The current management team includes key figures such as Mike Carr and Henk Wiekens, who have been instrumental in the company's growth and success.

Reputation and Quality

Pendennis is renowned in the yacht building industry for its commitment to quality and innovation. The company has received numerous awards and accolades for its work, including the prestigious World Superyacht Award. Pendennis is known for its ability to deliver custom-built yachts that meet the unique requirements of each client, as well as its expertise in refitting and restoring classic yachts. The company's dedication to excellence has earned it a loyal client base and a strong reputation in the global yachting community.

Main Competitors

Pendennis operates in the highly competitive superyacht industry, where several other companies also excel in yacht construction and refitting. Some of the main competitors of Pendennis include:

1. Feadship: Based in the Netherlands, Feadship is renowned for its custom-built luxury yachts and has a long-standing reputation for quality and innovation.

2. Lürssen: A German yacht builder known for constructing some of the largest and most luxurious yachts in the world. Lürssen is a leader in the industry with a strong focus on bespoke projects.

3. Oceanco: Another Dutch company, Oceanco specializes in building large, custom superyachts and is known for its innovative designs and advanced technology.

4. Amels: Part of the Damen Shipyards Group, Amels is a leading builder of luxury yachts, offering both custom and semi-custom options.

5. Benetti: An Italian yacht builder with a rich history, Benetti is known for its elegant designs and high-quality craftsmanship.

These competitors, like Pendennis, are recognized for their exceptional quality and ability to deliver custom solutions to meet the unique needs of their clients.

Current Production Status

Pendennis is actively engaged in both new yacht construction and refit projects. The shipyard in Falmouth is fully operational, with ongoing projects that include the construction of new custom yachts as well as the refitting and restoration of existing vessels. The company continues to invest in its facilities and workforce to ensure it can meet the demands of its clients and maintain its position as a leader in the superyacht industry.

Production Volumes

While specific production volumes for Pendennis are not publicly disclosed, the company typically handles a select number of projects each year, focusing on quality and customization rather than mass production. The shipyard's capacity allows for the construction of several new yachts annually, alongside multiple refit projects. This approach ensures that each project receives the attention to detail and craftsmanship that Pendennis is known for.

Latest News

Pendennis frequently makes headlines in the yachting industry for its innovative projects and strategic developments. Recent news includes:

• Facility Expansion: Pendennis has continued to expand and upgrade its facilities in Falmouth to accommodate larger yachts and more complex projects. This expansion includes new construction halls and enhanced refit capabilities.

• Sustainability Initiatives: The company has been actively working on sustainability initiatives, aiming to reduce its environmental impact. This includes implementing energy-efficient technologies and sustainable practices in its operations.

• Notable Launches: Pendennis has recently launched several high-profile yachts, showcasing its ability to deliver custom solutions that meet the unique needs of its clients. These launches often receive significant attention in the yachting community.

• Industry Recognition: Pendennis continues to receive accolades for its work, including awards for design and innovation. These recognitions highlight the company's commitment to excellence and its position as a leader in the superyacht industry.

Pendennis remains a key player in the global yacht building market, known for its dedication to quality, innovation, and customer satisfaction.

Frequently Asked Questions

Question:What types of yachts does Pendennis specialize in?
Answer:Pendennis specializes in the construction and refit of luxury superyachts. They focus on custom-built yachts tailored to the specific requirements of their clients, as well as the restoration and modernization of classic yachts.

Question:Where is Pendennis located?
Answer:Pendennis is located in Falmouth, Cornwall, United Kingdom. They also have a refit facility in Palma, Mallorca, to serve clients in the Mediterranean region.

Question:How long has Pendennis been in the yacht building industry?
Answer:Pendennis was founded in 1988, giving it over three decades of experience in the yacht building and refit industry.

Question:Does Pendennis offer refit services?
Answer:Yes, Pendennis offers comprehensive refit services, including restoration, modernization, and maintenance of existing yachts. Their facilities are equipped to handle a wide range of refit projects.

Question:What is the typical size range of yachts built by Pendennis?
Answer:Pendennis typically constructs yachts ranging from 30 meters (approximately 98 feet) to over 100 meters (approximately 328 feet) in length, depending on the client's specifications.

Available Models

Pendennis is known for its custom-built yachts, which means they do not offer a standard range of models like some other manufacturers. Instead, each yacht is a unique project designed to meet the specific needs and desires of the client. However, some notable projects and characteristics of Pendennis-built yachts include:

• SY Vijonara: A 38.8-meter sailing yacht designed by Hoek Design, featuring classic lines and modern performance capabilities. It includes luxurious accommodations and state-of-the-art technology.

• MY Aquila: Originally built by another shipyard and later refitted by Pendennis, this 85.6-meter motor yacht features a complete interior redesign and updated systems, showcasing Pendennis's refit expertise.

• SY Hemisphere: At 44.2 meters, this is one of the largest sailing catamarans in the world. It offers spacious living areas, multiple cabins, and advanced sailing technology.

• MY Illusion: A 55.75-meter motor yacht with a sleek design, luxurious interiors, and powerful performance capabilities.

Each Pendennis yacht is characterized by its bespoke design, high-quality craftsmanship, and attention to detail, ensuring that every vessel is a unique masterpiece tailored to the owner's vision.