The market is booming, and that has consequences. The number of shipyards for large yachts is increasing. We are seeing separations, new investors and new mergers, but also start-ups. Some of these are offshoots of larger shipyards for commercial shipbuilding, while others are completely new start-ups.
Not all of the last two variants were convincing. Palumbo is one of the exceptions. Since 1967, the Italian shipyard has gained experience with new builds, conversions and repairs of freighters and passenger ships. Today, the Italians have branches in Naples, Messina and Valletta. With the construction of two new catamarans, the shipyard has acquired new skills that have encouraged the management to take on the demanding competition in the sought-after superyacht market segment.
The Palumbo premiere is appropriately named "Prima", measures 53.90 metres and proves that this decision was justified. "Prima" is impressive both inside and out, with her styling and technical qualities. Palumbo brought Sergio Cutolo and his Hydro-Tec team on board to ensure that this leap into the cooler yacht waters, which have very different requirements to the shipbuilding of conventional passenger ships and ferries, was a success. BOOTE EXCLUSIV readers know him as the designer of the Darwin 86 "Vitadimare" from Cantiere delle Marche, the 50 metre long "Aifos" from the Fipa Group or the Naumachos 82 from Pesaro. Cutolo, who can look back on 30 yachts, was responsible for the styling and engineering of the "Prima".
