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Princess Yachts

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Princess Yachts
NamePrincess Yachts
TypePrivate
IndustryShipbuilding
Founded1965
FounderDavid King
HeadquartersPlymouth, Devon, England
Key peopleAntony Sheriff, Chris Gates

Princess Yachts. As a leading manufacturer of luxury yachts, Princess Yachts has been a prominent player in the marine industry since its inception, with notable collaborations with Bernard Olesinski, a renowned naval architect. The company's commitment to excellence has earned it a reputation among yachting enthusiasts, including Roman Abramovich and Paul Allen. With a strong presence in the global market, Princess Yachts has showcased its vessels at prestigious events like the Monaco Yacht Show and the Fort Lauderdale International Boat Show, alongside other prominent manufacturers like Azimut Yachts and Sunseeker Yachts.

History

The history of Princess Yachts dates back to 1965, when David King founded the company in Plymouth, Devon, England. Initially, the company focused on producing small, fiberglass boats, but soon expanded its product line to include larger, more luxurious vessels, competing with other British manufacturers like Fairline Yachts and Pearl Yachts. Over the years, Princess Yachts has undergone significant transformations, including a major restructuring in the 1980s, which led to the appointment of Antony Sheriff as the company's chief executive officer. This move was instrumental in shaping the company's future, with Sheriff's vision aligning with that of other industry leaders, such as Ferretti Group's Norberto Ferretti and Sanlorenzo's Massimo Perotti. Today, Princess Yachts is a subsidiary of L Capital, a private equity firm backed by LVMH and Groupe Arnault, with connections to other luxury brands like Moët & Chandon and Louis Vuitton.

Design and Models

Princess Yachts is renowned for its sleek and sophisticated designs, which are often compared to those of other high-end manufacturers like Riva Yachts and Perini Navi. The company's design team, led by Andrew Wolstenholme, works closely with Bernard Olesinski to create vessels that are both aesthetically pleasing and highly functional, incorporating innovative features like those found in yachts designed by Tim Heywood and Terence Disdale. Princess Yachts' product line includes a range of models, from the compact V40 to the luxurious M Class, which competes with other large yachts like the Azimut Grande and the Sunseeker 155. The company's designs have been influenced by various yachting styles, including those of Italian yacht designers like Giorgetto Giugiaro and Paolo Pininfarina, as well as American yacht designers like Donald Starkey and Glenn Henderson.

Manufacturing and Technology

Princess Yachts' manufacturing facilities are located in Plymouth, Devon, England, where the company employs advanced technologies and techniques to produce its vessels, similar to those used by other manufacturers like Heesen Yachts and Oceanco. The company has invested heavily in research and development, working with partners like Rolls-Royce and MTU Friedrichshafen to develop innovative solutions for yacht propulsion and naval architecture, as well as collaborating with University of Plymouth and Plymouth University on various projects. Princess Yachts' commitment to quality and excellence has earned it numerous certifications, including ISO 9001 and ISO 14001, which are also held by other reputable manufacturers like Feadship and Royal Huisman.

Notable Yachts and Owners

Princess Yachts has built vessels for a number of high-profile clients, including Roman Abramovich, Paul Allen, and Larry Ellison. One of the company's most notable yachts is the Princess 40M, which was launched in 2010 and features a sleek design and advanced technology, similar to other large yachts like the Azzam and the Eclipse. The company has also built custom vessels for clients like Google's Larry Page and Sergey Brin, as well as Microsoft's Bill Gates and Paul Allen, who have also owned yachts built by other manufacturers like Christensen Shipyards and Delta Marine. Princess Yachts' vessels have been featured in various yachting publications, including Boat International and Yachting Magazine, alongside other prestigious yachts like those built by Abeking & Rasmussen and Bilgin Yachts.

Awards and Recognition

Princess Yachts has received numerous awards and accolades for its designs and manufacturing excellence, including the Queen's Award for Enterprise and the Boat of the Year award from Motor Boat & Yachting. The company's vessels have also been recognized for their innovative features and technologies, such as the Princess 68, which won the Best Flybridge Yacht award at the 2014 World Yachts Trophies. Princess Yachts has been nominated for several International Superyacht Society awards, alongside other prominent manufacturers like Oceanfast and Benetti Yachts, and has won awards at the Fort Lauderdale International Boat Show and the Miami International Boat Show, competing with other notable yacht builders like Hargrave Custom Yachts and Trinity Yachts. The company's commitment to excellence has earned it a reputation as one of the leading yacht manufacturers in the world, with a strong presence in the global yachting community, including MYBA and Superyacht Society.

Category:Yacht manufacturers

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