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Fraser yachts and V.Delta launch project management service

Fraser Yachts has launched a new project management service aimed at superyacht owners refitting or building new yachts from 60 to 140m.

The new service, VF Yachts, is a joint venture with V.Delta, the engineering and project management arm of V.Group, which is the largest independent marine services provider in the world – and a part-owner of Fraser Yachts.

“The track records of these two companies combined, plus their in-house expertise will add value to any owner building or refitting a yacht in any yard worldwide,” says Roberto Giorgi, executive chairman of Fraser Yachts.

Although the focus will be on projects from 60 to 140m, VF Yachts says it will also manage build and refits of yachts down to 40m, and will aim the service at brokers and yards as well as owners.

VF Yachts is already said to be working on “several large projects”, leveraging the two companies’ existing networks and technical capability to offer expertise in every facet of the process, from design trends to valuations.

“We believe that VF Yachts will offer superyacht owners a completely new, alternative, project management service,” says Matteo Dimaio, director of technical services at V.Group, “competing favourably (for the owner) with independent management companies and other companies within the industry.”

The two firms have worked together on the 49.5m Benetti Rima II, refitted last year and the 49.54m tri-deck motor yacht Sensation, built by New Zealand yard Sensation Yachts and also refitted in 2014.

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