Dutch superyacht builder Oceanco and British engineering giant BMT have signed a strategic partnership to step up collaboration in large-yacht projects through Lateral Naval Architects Ltd, a new joint initiative.
Lateral will provide naval architecture and engineering services to Oceanco’s own engineers and network of co-makers and subcontractors as well as to the large-yacht market on behalf of BMT.
“Lateral is a joint venture between our two companies that will deliver to the market more than the sum of its parts,” says Lateral managing director James Roy, who built up BMT’s yacht division in the past 12 years.
Lateral remains part of the BMT group and will strengthen “its own expertise and knowledge through the strategic partnership with Oceanco,” he added.
The partnership formalises a loose, cooperative arrangement dating back to 2008. In the past decade, the two companies have collaborated on several large yachts – most notably Oceanco’s Black Pearl, a three-masted dynarig yacht that was delivered in March.
Oceanco officials told IBI that stepping up collaboration with Lateral is bound to generate more innovation in Oceanco yachts.
The yard considers BMT engineering input crucial if it is to continue to thrive. With yards in the Port of Rotterdam, Oceanco currently has six yachts in build, four well over 100m.
Oceanco sales manager Bart Swanink says the dynarig that his yard installed on the Black Pearl is a “highly optimised version of the one that premiered on Maltese Falcon in 2006. The computer-steered dynarig is a creation of Dijkstra Naval Partners of Amsterdam.
Oceanco has also installed advanced hybrid installations on its yachts.
Lateral’s 50-strong staff will be based next to BMT’s UK headquarters in Southampton.