Austal gains first footing in superyacht refit market

MB’92 and Austal have formed a strategic partnership to offer leading support services to the superyacht and high speed vessel markets. As part of this agreement, Austal will commence operations in MB’92’s Barcelona facility.

The partnership puts Austal, a global defence prime contractor whose core business is in support of high speed vessels it contracts for the US Navy, firmly on the map of superyacht refit. It also aligns with its superyacht build focus, as owner of Oceanfast yachts, which also made its first entry into Europe recently with the launch of a UK office in April.

Austal’s main strength is cutting edge expertise in aluminium fabrication and welding, which it will offer alongside naval architecture, engineering, pipe work and consultancy at MB’92. Experts in this field are notoriously in short supply in the superyacht industry, giving Austal the edge in what is a competitive market. Refit business in Europe is bordering on the congested, forcing companies to up the ante to secure business.

The agreement also has mutual benefits as Henk Dreijer, Commercial Director of MB’92 commented: “This partnership is an important step for MB’92 and forms part of the expansion plan of the shipyard. Austal has extensive naval architecture experience and is a leading builder of aluminium vessels for the private, commercial and defence sectors which will benefit our clients and will strengthen our position in the industry.”

Andrew Bellamy, Chief Executive Officer of Austal added, “partnering with MB92 is a significant milestone in the growth of Austal’s Global Support Services Business. MB92 is a market leader with world-class facilities and we are absolutely delighted to be working together as strategic partners.”




Related Links

Austal Profile | Austal Website
MB'92 Profile | MB'92 Website

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