Two Genoa-based Italian yacht builders are actually one. The Tankoa Yachts acquisition of Otam Yachts—particularly, the model and the shipyard—is already last, too, concluded by the respective controlling households.
Beneath the phrases of the settlement, Otam’s craftspeople and staff will combine into Tanoa Yachts’ workers. Tankoa pledges job continuity and preserving Otam’s historical past, whereas concurrently figuring out what suits greatest with its personal future focus. The 23-year-old Tankoa largely presents semi-custom superyacht fashions from 180 to 262 toes (55 to 80 meters) in aluminum. Current deliveries embody the yacht Loewe, the second hull within the T55 Sportiva collection.
Otam not too long ago celebrated 70 years of historical past. It opened its doorways as Organizzazione Tigullio Assistenza Motoscafi, one of many first boat storage yards in Liguria, in 1954. It switched to {custom} yacht development within the late Nineteen Sixties, particularly high-performance wood boats. As soon as fiberglass took over in recognition from wooden within the Eighties, the builder solid a partnership with the American builder Magnum Marine. This broadened its expertise and fame. About two dozen tasks resulted, after which Otam returned to focusing by itself prospects. Over the previous decade, it has focused on high-performance craft from 45 to 131 toes (14 to 40 meters), serving shoppers in the USA, Latin America, the Center East, and naturally Europe. So far, greater than 100 vessels all through that dimension vary have seen supply, together with the primary Otam 90 GTS, the yacht Horny Me (beneath), a 2024 launch.
Lots of these deliveries have come from the Genoa shipyard. The location contains an in-water basin of 107,639 sq. toes (10,000 sq. meters) together with practically as a lot upland area. A number of workshops and coated areas are additional on web site. The Tankoa Yachts acquisition will see consolidation and reorganization of the areas, additional including new development sheds as wanted. Moreover, it should search concession extensions from the town of Genoa for city-owned property.
Otam additionally has lengthy operated a marina in Santa Margherita Ligure. Also referred to as the Otam Pier, it’s remaining within the palms of the homeowners.
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