Cape Scott Yachts in Canada is said to be in negotiation with several potential buyers for its new brand of trawler expedition yachts. The yachts, which are designed to be among the safest afloat, will be built at a state-of-the-art shipyard in Vietnam.
“We are talking with a number of potential owners and I would expect to sign a contract in the first half of this year,” says Simon Billington, a director of Private Yacht Group, the exclusive European sales agent for Cape Scott.
“It takes a leap of faith when you tell a potential owner that their yacht will be built in Vietnam but Song Thu Shipyard in Danang is a world-class facility that allows us to offer owners a significant cost advantage while maintaining a quality that matches similar yachts built in Europe.”
The founder and president of Cape Scott Yachts is Dan Fritz, who, like the other member of the management team, has a strong track record in yacht building, not least from having set up Queenship in Canada in 1992.
Jim Hawkins, VP and chief boat building officer, has a 30-year track record in the yacht market, including working on over 25 superyachts.
The designer of the craft is Stephen Seaton, who has design and shipyard experience stretching back over 40 years.
Design support is provided by Donald L Blount Associates in the US, the large shipyard design team, and UK designers Claydon Reeves are the preferred interior designers.
The present Cape Scott range comprises nine sizes from 17.6m-42m (58ft-137ft), but Billington says there’s no reason why Cape Scott couldn’t go much larger.
“Song Thu Shipyard can build over 100m (328ft) and we have two other shipyards in Vietnam where we can build if we should need to do so. Before Dan Fritz chose Song Thu, he looked at 16 different yards in Vietnam.”
The yachts are claimed to be among the safest afloat. They are all built to LR class with the steel hulls up to Ice Class 1c. The features of the yachts include being divided into six watertight compartments and well-protected running gear. Billington explains that the yachts are designed complete to a high standard but there is also considerable opportunity for customisation.
The new brand has maintained a low profile so far, although it exhibited at Ft Lauderdale last year and will do so again this year. “Our main focus is working towards securing a first order and having a yacht to show,” Billington told SB’s sister title IBI.