Business news : Yacht Solutions and Ital Thai Marine get it together in Bangkok

Yacht Solutions and Ital Thai Marine have signed a Memorandum of Understanding agreeing to create a dedicated superyacht facility in Bangkok. Yacht Solutions at Ital Thai Marine is being set up in response to the demand for more superyacht refit and repair facilities in the Asian region from both owners of superyachts based in Asia, and those travelling from Europe and America.

Located near the mouth of the Chao Phraya River in Samut Prakam and easy to navigate in from the sea, Ital Thai Marine is also just 45 minutes from Bangkok international airport.

Yacht Solutions at Ital Thai Marine is a 112,000 square metre facility offering full ship building and repair capabilities plus a bonded warehouse and in-house design office. It is ISO 9001:2000 rated and boasts a lifting capacity up to 95 metres and 3,500 tonnes. It has access to two 115 metre dry docks, 300 metre alongside berthing, a floating dock up to 160 metres and 5000 tonnes lift capacity, making it one of the largest superyacht repair facilities in south east Asia.

Gareth Twist, managing director of Yacht Solutions, said, 'We have been in the marine refit and repair business in Thailand for over 10 years and we have been looking for a deep water facility for the last 2 years. We are very excited to be at Ital Thai Marine as this is the perfect site for us. Yacht Solutions at Ital Thai Marine expands our superyacht capabilities for hauling-out and opens up a great yard option for any resident yachts and superyachts passing through the Gulf of Thailand. This facility is accessible to all of south east Asia being less than 800 miles from Singapore. We are very excited with this partnership as it offers a natural progression for our business.'

The superyacht industry in Asia is growing and recent trends show that there has been a year on year increase in the number of superyachts either in the region or transiting through the region.

'We have a tremendous pool of talented craftsmen here in Thailand and this facility combines European management, standards and quality with the renowned finishing skills of Thai craftsmen. Our unique combination ensures international standards are maintained while owners receive exceptional value for money and service due to the efficiencies of operating out of Thailand. With this facility we are able to compete with the European yards but with the distinct advantage of a lower labour cost base,' said Mr. Twist. 

by Yacht Solutions