As a seasoned professional in the yachting industry, I’ve witnessed a fascinating trend: a growing number of owners are choosing to breathe new life into classic superyachts rather than commissioning a new build. Refitting an older vessel at a world-class shipyard like Feadship or Amels is an art form, a meticulous process of rejuvenation that blends heritage with cutting-edge technology. However, this level of craftsmanship comes with a significant price tag. In this article, we will delve into the complexities of refit pricing at these two iconic Dutch shipyards, providing a detailed breakdown of costs, what to expect, and expert advice for anyone considering this remarkable journey.
The High-Stakes World of Refitting: A Price Overview
The cost of a major refit at a prestigious shipyard like Feadship or Amels is not a simple number; it’s a spectrum defined by the scope of work. Owners can expect to invest anywhere from $5 million to well over $50 million, and sometimes even more, depending on the yacht’s size and the extent of the refit. The general rule of thumb is to budget approximately 20-30% of the yacht’s original build cost for a comprehensive refit that includes structural, mechanical, and aesthetic upgrades.
A full-scale refit is not a quick touch-up; it’s a complete overhaul. The total cost is a mosaic of different expenses:
- Structural and Engineering Work: This is often the most significant part of the budget. It can include hull extensions, adding new decks, reconfiguring interior spaces, or replacing major mechanical systems like engines, generators, and stabilization systems. This can easily run into the tens of millions.
- Interior and Exterior Design: The aesthetic transformation is where the owner’s vision truly comes to life. This includes new custom joinery, luxury materials, advanced lighting systems, new furniture, and a complete paint job. The cost is dictated by the quality of materials and the complexity of the design.
- Technology Upgrades: A modern superyacht is a technological marvel. Refits often include a complete overhaul of the navigation systems, communication equipment, AV/IT infrastructure, and cybersecurity systems. This is a critical investment to bring the yacht up to modern standards.
- Crew and Project Management: The shipyard’s expertise and labor are a major cost factor. Feadship and Amels employ the world’s finest craftsmen, engineers, and project managers, whose salaries and services are billed as part of the project.
- Docking and Yard Fees: The cost of keeping the yacht in a dry dock, using the yard’s facilities, and other logistical expenses are a continuous part of the bill.
Feadship and Amels: Two Giants of the Refit World
Both Feadship and Amels have stellar reputations in the superyacht world, but they each have a slightly different approach to refitting. Their expertise and facilities are unparalleled, making them top choices for discerning owners.
Feadship Refits: The Pursuit of Perfection
Feadship is renowned for its uncompromising quality and attention to detail. A Feadship refit is not just a repair; it’s a re-engineering. They meticulously document every detail of the yacht’s original build, allowing for a restoration that is faithful to its heritage while incorporating the latest advancements. Feadship’s refit program is handled by the Royal Van Lent shipyard, where their skilled artisans can perform everything from a full hull extension to a complete interior makeover. The cost here is at the very top end of the market, reflecting their position as one of the world’s most prestigious builders.
Amels Refits: The Art of the ‘Limited Edition’
Amels, now part of Damen Yachting, is equally respected. They have a dedicated Refit & Service team that offers a more flexible approach. While they are fully capable of doing a ‘bare-metal’ restoration, they are also known for their innovative approach to modernizing and upgrading existing vessels. Their Vlissingen shipyard is a massive facility that can handle multiple large projects simultaneously. Amels’ refit costs are also premium, but their strong engineering background and ‘Limited Editions’ new build philosophy often translate into a very streamlined and efficient refit process, which can sometimes lead to better project management and cost control.
Expert Q&A
Q: Is a refit always cheaper than a new build?
A: Not always. While a refit can often be a more cost-effective option, particularly for minor upgrades, a major, full-scale refit that includes significant structural changes can approach or even exceed the cost of a new build, especially if the yacht has underlying issues. The value is often in retaining the unique heritage of an iconic vessel.
Q: How long does a major refit take?
A: A major refit is a multi-year project. Owners should plan for a timeline of 12 to 24 months, and sometimes even longer, depending on the complexity. This includes design, planning, procurement of materials, and the actual work in the shipyard. It’s a marathon, not a sprint.
Q: What is the most important factor to consider before starting a refit?
A: A detailed and honest survey of the yacht’s current condition. Before any design work begins, a thorough technical and structural survey must be conducted to uncover any hidden issues. This step is crucial for accurate budgeting and preventing costly surprises down the line.
Author’s Advice: The Investment in Legacy
Refitting a superyacht at a shipyard of the caliber of Feadship or Amels is a profound decision. It’s not just about a financial investment; it’s about an investment in legacy. My primary advice to any owner is to start with a clear vision and a realistic budget. Engage a reputable owner’s representative and a top-tier design team from the very beginning. Be prepared for the process to be longer and more expensive than you initially anticipate. The reward, however, is a yacht that is not only a part of history but is also perfectly tailored to your modern tastes and needs. It is the ultimate expression of bespoke luxury, a vessel reborn and ready for a new generation of adventures. The cost is high, but the result is a timeless masterpiece.