Over €32m spent reshaping the yard, with more to come
The expansion of the Ferretti Group into the superyacht sector, now encompassing four out of its eight brands, is clearly focused on Ancona. The group has already invested in excess of €32m on reshaping the yard to cope with the increased workload generated through the creation of the Ferretti Group’s Superyacht Yard Division.
CRN has long been the group’s superyacht brand but it has now been joined by Custom Line, Pershing and Riva as they develop their model ranges with larger vessels.
A recent visit to Ancona by IBI highlighted the significant progress that has been made in making its large facility responsible for building all of the superyachts by Ferretti Group brands. The only exception to this is the superyacht-sized vessels built under the Ferretti Yachts brand, which include the Ferretti 780, 850, 920 and 960 models which range from 24m-29m (79ft-96ft).
The superyacht yard covers an area of 70,000sq m, of which 27,150 is under cover. When completed, the yard will offer nine halls, of which four will deal with new-build and refit activities for CRN, Pershing and Riva brand superyachts built in steel, aluminium and light alloy, and five for Custom Line craft in composite. No yacht hulls are built in the yard, as these are constructed by partner facilities in Ancona or elsewhere and delivered to the yard.
The yard facilities also include a 125m launch slipway, a 670-tonne capacity travel lift, and a private 14-berth marina. The yard also includes two new warehouses and an office building for yacht captains and crew.
Work is ongoing ongoing to complete the group of sheds with one Custom Line one being rebuilt and another planned. A major addition to the yard’s facility, due to come on stream in 2021, is the new 3,500-tonne synchrolift which will be located where the current slipway is replacing it. This will allow CRN to construct larger superyachts up to around 100m.
The Ancona yard will also take on refit work of CRN superyachts with possibly two projects a year being handled. As part of this new development, the Ancona yard will offer a full project management service, 10,000sq m of hardstand and 2,000sq m of undercover space, berths up to 100m and lifts up to 670 tonnes.
The service also offers assistance to captains and crews including long and short-term accommodation, airport transfers, meals in the yard, visa help and other requirements.
At the time of the visit, three CRN models were in build:
- Yard no 137 62m(203ft) and delivery 2019;
- Yard no 138 62m and delivery 2021
- Yard no 139 70m (230ft) and delivery 2022
In addition, there was a Pershing 140, Hull 2 in build and Hull 1 of the Riva 50m (164ft) awaiting delivery. For Custom Line, there were 13 hulls in construction and five afloat awaiting delivery.
With the synchrolift and the further shed construction, the total investment in the Ancona Superyacht yard will likely be some €45m or more by 2021.
At the 2018 Monaco Yacht Show, Ferretti made it known that its total investment in superyachts was steadily rising, with the investment over 30m (98.5ft) having increased from just €5.2m in 2015 to €13.1m in 2016, €18.7m in 2017 and an estimated €19m in 2018.
Aligned to this will be a significant increase in superyachts built. In the 2016-18 three-year period, six superyachts over 30m semi-custom in composite were designed and engineered. For 2019-21, this across the period will jump from 38 to 59. Looking at full custom projects over 30m and in steel and aluminium or all-aluminium, the number increases from two in 2016-18 to seven in 2019-21. This equates to a 55% rise for the 2016-18 period and a 250% increase in 2019-21.