Peters & May, a leading global superyacht transportation provider has reported a significant growth in export volume for for both the UK & USA offices in the first three months of 2011. The company exported seven superyachts including 50m motor yacht Al Mirqab III and 40m yacht Garfield. In the same period the company transported 1164 yachts up to 30m and over 450 boats and yachts in March alone.
P&M Group Chief Executive David Holley sees this growth as positive news for the marine industry and points to a number of key factors in the company’s success.
“We are seeing increasing interest from superyacht owners due to our experience in handling larger units, particularly those that are high displacement. As a logistics provider it is always pleasing to see an increase in export volumes and most importantly market share. Recently we have made a number of bold changes within the organisation and all eyes have been on us to see how we fair. As well as changes in our team structure we have also implemented new booking systems and value added services to keep us ahead of the competition. The growth of our business is a direct reflection of the changes and the quality of the teams that we have in place”.
This news is encouraging for the marine industry as a whole as it indicates a recovery in the marine manufacturers sector.