Hodgdon Yachts has opened a new office in Monaco where it plans to boost its European growth.

“We are very excited to be opening an office in Monaco, at the epicentre of the European luxury yacht industry. There is no place on Earth that represents uniqueness and quality at a higher level than Monaco,” comments Hodgdon CEO Tim Hodgdon.

The US superyacht and tender builder has appointed Cyril Le Sourd as its European sales and marketing director. Le Sourd will be operating from the new Monaco office.

In his role, Le Sourd will be responsible for developing Hodgdon’s business activities for new sailing and motor yachts, custom tenders and superyacht interiors within the region. In addition, he will be a direct liaison with clients, as well as overseeing key projects, forging business relationships and facilitating the development and growth of Hodgdon Yachts in the region.

Commenting on his appointment at Hodgdon Yachts, Le Sourd says: “I have enormous respect for the attention to detail and dedication that is shown by  the highly skilled craftsmen at Hodgdon, led by fifth-generation owner Tim Hodgdon. Building a yacht should be an enjoyable and well-planned journey, and I look forward to helping guide our European clients through their projects, from the first sketches to after-sales support”.

Le Sourd joins Hodgdon having 14 years of experience in yachting. Over his time in the industry he has held a range of technical and commercial positions, including five years at OCEA shipyard as a naval architect and seven years at CMN shipyard where he started as a project engineer to eventually lead the sales and marketing for yacht building.

The opening of the Monaco office comes on the heels of the opening of the Newport, Rhode Island (USA) office. The Newport office will serve as home base to Eric Leslie in the newly established position of sales director for Hodgdon Yacht Services offering boatyard services as well as superyacht refit services at Hodgdon’s facilities in Maine.

The Newport office will also be home base for superyacht industry veteran Holy Paterson who has served as Hodgdon’s marketing manager since January 2014.