Accelerated Financing for Duchy 45's Launch Due to Cockwells Support
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Cockwells is giving a kick to the launch of its hotly anticipated Duchy 45 gentleman's cruiser with two significant boosts.
To speed things up, Cockwells sold a majority stake in its boatbuilding biz to the nearby Falmouth-based Pendennis superyacht yard. Additionally, the company managed to secure £1.88 million from the Cornwall and Isles of Scilly Good Growth initiative.
The Duchy 45 comes in a variety of galley layouts, along with a fully enclosed main deck saloon.
The partnership with Pendennis makes strategic sense for Cockwells, given its existing reputation for building bespoke superyacht tenders. Plus, it gains access to Pendennis's superior facilities, resources, and funding, aiding the development of its product line, including the Duchy 45.
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The timeless lines and semi-displacement hull of the Duchy 45 were designed by British naval architect Andrew Wolstenholme. It features a fully enclosed main deck saloon, helm station, two ensuite cabins, and either a galley up or galley down layout.
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- The Duchy 45 yacht, with its timeless design by Andrew Wolstenholme, boasts a luxury sports vessel featuring a speedy semi-displacement hull, a flybridge, and a fully enclosed main deck saloon with two ensuite cabins.
- The partnership between Cockwells and Pendennis superyacht yard, along with the investment from the Cornwall and Isles of Scilly Good Growth initiative, will enable Cockwells to expand its production capacity at Mylor Creek and South West Shipyard sites, creating about 40 new jobs and integrating sustainable technologies to reduce its carbon footprint.
- To cater to customer preferences, the Duchy 45 will be offered in various galley layouts, making it adaptable to different cruising styles.
- Cockwells' decision to sell a majority stake to Pendennis superyacht yard enhances the company's reputation for crafting bespoke superyacht tenders, providing access to superior facilities, resources, and funding to further develop its product line, including the Duchy 45.
- The collaboration with Pendennis will enable Cockwells to leverage the additional technology and design expertise, optimizing the luxury, speed, and overall design of its boats, especially for the Duchy 45 gentleman's cruiser.
