Project Description

La Ciotat superyacht hub seeks partners in €100m investment

17 October 2017

Already a global leader in the refit and repair of yachts and superyachts, La Ciotat Shipyards in the south of France is launching a call for projects to private operators with the goal of adding a 4000 tonne capacity shiplift serving a platform dedicated to yachts over 80 metres. This is a great opportunity for private operators wishing to invest in this market since they will be involved in the development of the technical specifications of this platform, thus creating a “tailor-made” work tool.

La Ciotat Shipyards, run by the local publicly owned company SEMIDEP-Ciotat (La Ciotat Shipyards), is announcing a an investment of approximately 100 million euros in the coming years in order to become the point of reference worldwide for the refit and maintenance of super and megayachts. In this context, La Ciotat Shipyards is launching a call for projects to private operators, offering them the opportunity to co-invest in the creation of a 40,000 sqm platform equipped with a 4000 tonne shiplift, dedicated to the servicing, maintenance And refit of super and megayachts.

“In the creation of this ambitious project, we insist on the notion of partnership. Indeed, it is essential for us to work with operators who wish to invest sustainably in this market, and that share our ambition to become the world’s leaders for refit and maintenance of Megayachts. Given the extreme rarity of possible locations for such equipment in the western Mediterranean area, this is a unique opportunity for operators wishing to expand in this market: the minimum contribution we ask our future partners, 8 million euros, is particularly competitive with regard to the growth prospects of the sector,” says Jean-Yves SAUSSOL, CEO of La Ciotat Shipyards.

Click here to download the full press release including details of the project and its opportunities, and information about La Ciotat Shipyards.