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Oyster Yachts kicks off 2017 in positive fashion

After months of discussion with the client on detailed specification and layouts, Oyster is delighted to announce that it has finalised the contract to build the second Oyster 118 for delivery in spring 2020. Hull moulding will start in the next couple of months in Oyster’s dedicated facility at HMS Daedalus, near Portsmouth and fit-out will start in 2018 in Oyster’s Custom & Refit shipyard at Saxon Wharf in Southampton.

Plans are now being developed to expand the facilities at Saxon Wharf so that 118-03 can be built partly in parallel with 118-02 for a late summer 2020 delivery, with 118-04 being offered for 2021 delivery.

Oyster 118-02 will be the 40th yacht built by Oyster over 80ft since the first Oyster 82 ~15 years ago and from the ‘Global Order Book’ data (excluding yachts ‘on-hold’) reported by Showboats International in the magazine’s January 2017 edition, this contract means that Oyster has ~30% market share of the global order book for 2017 – 2020 deliveries of yachts between 80-120ft.

Click for more detailed information about the Oyster 118.