Wednesday 9 March 2011

33. Luxury motorboats


As an island nation Britain has long been known for its maritime prowess.  While sadly much of the larger shipbuilding industry has dissolved Britain is still renowned for its luxury yacht and motorboat builders. One such builder is Princess Yachts of Plymouth. They started life as Marine Projects (Plymouth) Ltd to fit out and charter the ‘Project 31’, the first boat to be built at the Company’s original factory at Newport Street, Plymouth. The success and sale of that one boat led to further orders and a continuous design and production effort. The current range is of sporting and flybridge motorboats between 44 and 95 feet in length, painted with Princess’s signature blue. By 2008 the company employed 2000 people at its 1 million sq ft factory in the Plymouth docks and the success and prestige of the brand resulted in it being bought by the global luxury goods company LVMH.

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