Pendennis celebrates its 30th anniversary with the arrival of Vijonara and a fly over by the Red Arrows…
At the Monaco Yacht Show 2018, Falmouth-based superyacht company Pendennis celebrated its 30th anniversary with the arrival of Vijonara and a fly over by the red arrows.
Pendennis was founded in 1988, over the course of Pendennis’ 30 years, the shipyard has worked on a number of superyacht projects, including 15 30m-plus new builds and hundreds of refit and restoration projects within both the sailing yacht and motoryacht markets. Notable new build projects include Vijonara and Steel, as well as Aquila, Adela, Northern Star, Haida 1929 and many more on the part of refit.
Contributing to Cornwall’s rich shipbuilding history, Pendennis has also ensured that it is playing a role in shipbuilding’s future in the region. Running now for almost 20 years, Pendennis’ apprentice programme has proved to be a resounding success with some of the scheme’s original participants occupying senior Pendennis positions today.
Continuously producing beautiful superyachts has been made possible by the Pendennis’ willingness to invest in the future, a feat that can only be achieved by benefiting from solid financial backing. In 2017, Pendennis turned over £51.1million, and increased of £3.3million on the previous year. Recent infrastructure investments of £22million include the development of 7,000sqm of undercover purpose-built construction halls, workshops, offices and storage space, as well as a 7,564sqm non-tidal wet basin and a 640-tonne travel hoist.
Moving forward, the clear focus for Pendennis is to continue growing its reputation in the large yacht market’s new build and refit sectors, especially within the 50-85m sector.