Mallorca-based Palma Refit has recently announced the completion of a substantial refit on a 48m motor yacht. The company is keen to keep the identity of the yacht secret, but has revealed what the eight-month project entailed.
Palma Refit has a commercial office in the STP shipyard, which was a bonus for the owner’s representatives during the refit, with on-site office space and communication facilities, it made it easier to keep up to date with proceedings.
As part of the refit, the yacht received upgraded AV and new telephone systems, interior design and layout modifications, partial metallic paint works, general repairs and modifications to the superstructure and most notably four Seakeeper gyroscopic stabiliser units installed to Lloyd’s standards. A carbon composite swim ladder and fender system was also designed, supplied and fitted to accommodate the owner’s new tender.
Marc Kelly, director of Palma Refit said, “This large scale refit presented some challenging tasks and we are proud to have delivered the results to the owners and yacht management company’s expectations. All works were carried out in conjunction with the yachts’ principal management company who benefited from discounts up to 20% from local and international suppliers and sub-contractors. The client also qualified for further savings as Palma Refit is authorised by the Spanish Customs to apply a VAT exemption scheme.
“As part of our continued effort to provide the best solutions for our clients, our wealth of local knowledge and experience proved invaluable for contractor selection in order to meet budget and time constraints.”
The project was completed on time for the yachts 2012 summer itinerary.
Palma Refit has been refitting superyachts for 12 years and as standard practice, offers ‘The Refit Card’ to its clients, which entitles each customer to discounts, benefits and complimentary items for the duration of the refit. The company sees it as a fresh approach to refit management.