After more than 55 years in the Australian marine industry, designer Peter Lowe has announced his retirement.

Lowe’s career started in 1963 with a five-year shipwright apprenticeship at Venables Boatshed in Rose Bay building ‘Stella’ class yachts and moving on to a building and design career that covered everything from oil rig supply vessels, tugboats and fishing vessels through to International 12m class yachts, luxury motoryachts and just about everything in between.

Lowe was one of two associates at “Peter Cole and Associates” in the 1970s, working on designs for  quarter, half, three quarter, one and two-tonne level rating racing yachts under the International Offshore  Rule (IOR).

During the same period, there were a number of designs for production boatbuilders including the Nantucket 31 and Pawtucket 35 for Comprador Marine and the ubiquitous Cole 23 for Northshore Yachts.

After Australia’s win in the Americas Cup in 1983, Lowe joined Ben Lexcen Yacht Design – mainly to work on the America’s Cup defence but there were also designs for 5.5m and 6m International class yachts, around-the-world yachts, level rating yachts, cruising yachts and motoryachts. In 1987 he became a full partner and the firm became Lexcen Lowe Yacht Design.

After Ben’s untimely death, the company name changed to Peter Lowe Design in 1991. Long-time associate Will Hardcastle is to continue the business under his own name.