AUSTRALIAN SUPERYACHTS | CASE STUDY
M/Y Altavita
The first fully commercial Cayman Islands yacht delivered by Gulf Craft and Australian Superyachts
Facts
| Vessel | M/Y Altavita, Gulf Craft Majesty 125 (about 40 m), hull 6 |
|---|---|
| Delivered | July 2018, in the Mediterranean |
| Owner | Australian private owner |
| Standard | Built and delivered as a fully commercial yacht under the Cayman Islands flag, for charter |
| Our role | Selling dealer, new-build project management at the yard, and owner’s outfitting from Sydney |
The problems we solved
A fully commercial yacht from a yard still new to commercial builds
The problem: A yacht chartering in the Mediterranean under the Cayman Islands flag must be built and certified as a commercial yacht from the start, not converted afterwards.
What we did: We brought the experience of Ghost II and Oneworld to the specification and the build, and placed our own new-build project manager at the yard in the UAE for the final months, supported by our naval architect in Sydney.
The result: Altavita was delivered as a fully commercial Cayman Islands yacht, ready to charter.
Fitting out a yacht in the UAE from an office in Sydney
The problem: A charter yacht needs everything from tableware, glassware and linen to galley equipment, branded items and deck furniture, sourced from several countries and delivered to a yard in the UAE before handover.
What we did: Our interior team, led by a former superyacht stewardess, built the full inventory with the owner, sourced it through a specialist yacht supplier in Fort Lauderdale and others, ran page-by-page sign-off meetings in our Sydney office, arranged branding and custom items, and planned shipments to the UAE and on to France, structured so that VAT could be reclaimed on export.
The result: A fully outfitted yacht, handed over to her chief stewardess with a complete master inventory.
