Italian shipyard Sanlorenzo has began the relocation of its superyacht division to new premises in La Spezia. The announcement follows on from the recent signing of an agreement for the rental space between the shipyard and La Spezia’s Cantieri San Marco.

Until now Sanlorenzo has been building its steel projects at its facility in Viareggio. Two 52m projects, the first in Sanlorenzo’s new 52 Steel range, have now been moved to the new site in La Spezia. The relocation will follow by the end of April with the move of a third and fourth units. These are two new builds of Sanlorenzo 460Exp.

La Spezia’s new production site is a large-sized, fully equipped area with direct access to the sea, allowing for the design and production of yachts ranging 40m to 80m.

Salorenzo says the new facility will allow to organically develop its superyacht division, a segment that today represents “a significant portion of the company’s turnover”, the shipyard claims in a statement. In addition, Sanlorenzo is planning the opening of a refitting area in La Spezia.

The La Spezia shipyard will focus on the production of the superyachts constructed in steel

The La Spezia shipyard will focus on the production of superyachts constructed in steel

With the opening of the La Spezia site Sanlorenzo will operate three production sites:

  1. The company’s HQ will still be located inside the Ameglia shipyard, and will continue the production of 23m-32m (78ft-to106ft) fibreglass boats.
  2. Sanlorenzo’s premises in Viareggio will focus on the production of 34m-38m (112ft-126ft) fibreglass yachts, taking advantage of the new spaces available since the relocation of the superyacht division.
  3. The La Spezia shipyard will focus on the production of superyachts constructed in steel.

Through this strategic expansion, Sanlorenzo re-asserts the company’s growth of the last three years, which resulted in a €220m turnover in 2015 and a €21m Ebitda, with a net profit of €6m.

As for 2016, Sanlorenzo mantains the second position in the world ranking of the top 20 builders for yachts above 24 metres.