UK yard’s first 80ft-plus flagship flybridge is set to be built at Hythe

Fairline COO Peter McNulty

New Fairline COO Peter McNulty

UK boatbuilder Fairline Yachts today announced that it has accelerated the development of its larger 80ft-plus boat range thanks to the strength of sales and customer interest at recent international boat shows.

The UK builder says advanced plans are currently underway for the yard’s first 80ft-plus flagship flybridge model, set to be built at its Hythe manufacturing plant.

“We’ve had an outstanding start to the boat show season,” says Alexander Volov from Fairline Yachts. “We launched the Squadron 68, which was awarded the World Yacht Trophy for Best Interior Design and debuted the F//Line 33, which has been nominated for the European Power Boat of the Year Award.

”Alongside the exceptional interest we’ve seen in our current range, where we’ve closed an impressive number of sales contracts, we have also seen unprecedented levels of enquiries for larger Fairline yachts of 80ft or more. This has prompted us to accelerate the development of our large yacht capability.

”To support this exciting development, we have optimised the management structure of the company. Over the last year, David Tydeman has successfully stabilised boat production, significantly strengthened the senior management team and will now concentrate his efforts on developing our large yacht range and fully maximising our commercial operations capability in Hythe.”

Tydeman now assumes the title of non-executive chairman of Fairline Yachts.

Peter McNulty, a long-time senior advisor to the Management Board of Fairline Yachts, has been appointed as chief operating officer. McNulty, who has extensive financial and operational management experience, was instrumental in recently attracting a significant £15m cash facility for the company. He is based at Fairline Yachts’ headquarters in Oundle, Northamptonshire and takes on responsibility for the day-to-day running of the business.

The Fairline Yachts Management Board now consists of Peter McNulty (COO), Dennis de Roos (commercial director), Pete Hamlyn (operations director), Martyn Hicks (technical services director), Wayne Huntley (head of design & engineering) and Larisa Bondareva (finance director).

“Fairline is entering its next stage of growth and we look forward to working with our strong and experienced senior management team to accelerate the development of Fairline Yachts and continue creating beautiful, hand crafted, high quality boats that are loved and admired across the globe,” concluded Volov.

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