Following an increase in demand, the founders of UK-based firm Superyacht Tenders and Toys (SYTT) have launched Shipyard Supply Co (SSCo), a dedicated deck hardware company located in Harkstead, near Ipswich.
The introduction of the new business allows each company to focus on its respective market sector; day-to-day operations at SSCo will be overseen by Luke Porter, formerly of Oyster Yachts, while founders Josh and Claire Richardson will operate SYTT.
Speaking to the Ipswich Star, those involved believe the desire for bigger, better and more customised projects will ensure the new company is a success in the superyacht industry.
Porter said, “As a former bosun on a superyacht I know how frustrating it can be spending time searching for quality products or finding local suppliers to work on custom projects, so it makes perfect sense to have a one-stop shop for all deck equipment.
“Being based in Suffolk means we are perfectly placed to take advantage of the rich manufacturing expertise we have in this area and we aim to support local businesses whenever we can.”
Since launching in 2011, Queen’s Award-winning SYTT has experienced year-on-year growth across all areas of the business, particularly in its deck equipment division.
In the same interview, Josh Richardson noted, “By launching Shipyard Supply Co, we are evolving with the superyacht market and meeting the rapid growth in the demand for deck hardware.
“The new business will operate as a separate entity handling the manufacture and supply of everything from tender whips and fenders to custom stainless steel and carbon projects. This allows SSCo to go beyond the scope of SYTT products and form new relationships and distributorships within the industry, and we are very excited to have Luke on board to manage all of this.”
Peter Emmons, head of technical sales at SYTT, will assist Porter at SSCo, handling all deck equipment enquiries. He will continue to work with current SYTT clients, however, to ease the transition between the two companies in their formative months.