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Oyster Yachts (formerly Oyster Marine) is a British brand of luxury cruising sailing yachts established in 1973. The company is based in Southampton, with offices and shipyards in the UK, Spain and the US.
Oyster Yachts is famed for developing the original Deck Saloon sailing yacht concept in 1980, now a proven design used across 35 Oyster models and more than 750 luxury sailing yachts.[1]] After going into administration in February 2018, the company was bought out by new owner Richard Hadida on the 20th March 2018[2] and has since been led by new management.
History
Founding
In 1973 Richard Matthews founded Oyster Marine and commissioned the 32 ft prototype sailing yacht Unidentified Flying Object, designed by British Naval Architects Holman and Pye[3]. She proved to be a success, with Unidentified Flying Object winning the Royal Yacht Squadron's de Mass Cup at Cowes in 1974 alongside many other races[4]. The design was developed into the UFO 34[4][5], and this became the first yacht to be produced by Oyster Marine.
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Design
In 1978 Oyster Marine introduced a 46 ft cruiser-racer designed by Kim Holman & Donald Pye, pioneering the Deck Saloon feature that has since become the company's trademark.[6] Oyster continued to increase the size of its vessels, launching a 53 ft design by Rob Humphreys in 1997 followed by a 62 ft Robert Humphreys' design in 2002.[7] Today, Oyster Yachts builds sailboats ranging from 56 ft to 125 ft, all designed by Robert Humphreys and the Oyster Design Team.
Acquisition and Liquidation
In 2008 the company was acquired by Balmoral Capital in 2008,[8] changing hands to HTP Investments in 2012.[9]
On 5th February 2018, Oyster Marine, the boat-building arm of the Oyster group (which also includes Oyster Brokerage and Oyster Charter) went into liquidation after a combination of low margins and poor cost control forced the company to cease operations.[10] The failure of the business was a surprise to many due to Oyster having its largest-ever order book in 2017, thought to be about £10m higher than the £70m reported for 2016.[10]
KPMG was appointed as administrator to Oyster Marine Holdings (the holding company for Oyster Yachts) on the 7th February 2018[11], and tried to find a new buyer for the business.
New Ownership
On 20th March 2018, gaming software entrepreneur Richard Hadida was announced as the new owner[2]. Hadida has embarked on a mission to get the business back on its feet and to re-employ as many of the 420 previous employees of Oyster Yachts as possible.[10]
Reinvestment and Growth
Under Hadida’s ownership the company re-started manufacturing in its Wroxham yard on the 15th May 2018, beginning to fulfil the contracts that Oyster held before it entered administration.[12] This included the re-hiring 50 of Oyster’s former shipwrights.[12]
Oyster completed its first yacht under new ownership, an Oyster 575 named MARTA III, on the 12th July 2018.[13] This Wroxham reopening was shortly followed by its Southampton plant, which launched its first yacht since coming back into business on the 31st July 2018.[14]
The company also secured a deal with Lloyd’s Register on the 20th June 2018 where Lloyd’s will approve the design, materials and build quality of all hulls and decks on Oyster yachts.[15] From late 2018, a Lloyd’s Register surveyor will inspect all yachts in production once a week, meaning all newly built Oyster vessels will immediately carry an Lloyd’s Register Moulding certificate upon completion.[15]
As of July 2018, there were are 14 vessels being completed at Oyster’s sites in Southampton and Wroxham.[13] A new smaller and more affordable Oyster model - planned for release in 2019 - has also been hinted at by company CCO Paul Adamson.[16]
Key Corporate Figures
The chart below details key figures at Oyster- including the new management team - as of 2018.[17]
| Name | Position |
|---|---|
| Richard Hadida | Chief Executive Officer |
| Paul Adamson | Chief Commercial Officer |
| Kim Stubbs | Chief Operating Officer |
| Becky Bridgen | Chief Financial Officer |
| Richard Gibson | Director of Sales - UK |
| Stephen Parkinson | Director of Sales -EMEA |
| Dan Wurzbacher | Director of Sales - America |
| Jamie Collins | Brokerage Manager |
| Rupert Knox-Johnston | Yacht Broker |
| Tom Roberts | Yacht Broker |
| Molly Marston | Oyster Charter Manager |
| Charlie Durham | Crew Enquiries |
| Mark Durham | Oyster Service Centre - Palma |
| Steve Colley | Oyster Service Centre - Palma |
| Will White | Oyster Service Centre - Newport, RI |
Operations
Oyster Yachts has operations in the UK, Spain and the US. The chart below indicates which services are available at which offices.[18]
| Location | Services Available |
|---|---|
| Southampton
Saxon Wharf Lower York Street Southampton Hampshire SO14 5QF |
Oyster Sales
Oyster Shipyard Oyster Custom & Refit Oyster Service Centre |
| Wroxham
Turnstead Road Hoveton Norwich Norfolk NR12 8QN |
Oyster Sales
Oyster Shipyard Oyster After Sales |
| Ipswich
Oyster Brokerage Ltd Orwell Landing Fox's Marina Ipswich Suffolk IP2 8NJ |
Oyster Sales
Oyster Brokerage Oyster Service Centre |
| Palma S.L.
Edificio Moll Vell Locales 6-7 Calle Muelle Viejo, 6 07012, Palma de Mallorca Spain |
Oyster Service Centre
Oyster Brokerage Oyster Service Centre |
| Newport, RI, USA
Newport Shipyard One Washington Street Newport RI 02840 USA |
Oyster Sales
Oyster Brokerage Oyster Charter Oyster Service Centre |
British Manufacture
Oyster has always been a thoroughly British brand. Even during the company’s beginnings, when a lot of its boat building was subcontracted out, production was always awarded to other British yards.
Only a couple of models in the company’s history have ever been built outside the UK. These are the 2013 Oyster 54, produced in New Zealand by McDell Marine[19] and the 100 ft and 125 ft yachts designed by Ed Dubois built at RMK Marine in Turkey.[20][21] Today, the majority of Oyster yacht manufacture takes place in-house at its UK shipyards.
Sail Training Boats
The majority of Oyster production since the early days have been luxury cruisers however Oyster have produced two sail train ship the Oyster 68 Ketch Rona II built for the Ocean Youth Project which sails out of Hamble and in 1999 the Oyster 70 Alba Venture which was produced for the Ocean Youth Trust Scotland.
Awards
The company has twice been awarded the Queen’s Award for Enterprise. In 2012 the Oyster 625 was named the Luxury Cruiser of the Year at the Düsseldorf Boatshow[22] and the Oyster 100-01 was given the Judge's Commendation for yachts under 40m at the World Superyacht Awards in Istanbul.[23]
Models
Sailing Yachts
Oyster production yacht models are listed below:
| Model | Years | Designer | Built | Notes |
|---|---|---|---|---|
| UFO 34 (yacht) | 1974-19XX | Holman and Pye | +100[24] | Aft Cockpit cruiser/racer |
| Oyster 26 | 1978–1981 | Holman and Pye | 47 [25] | Aft Cockpit cruiser/racer |
| SJ35 | 1983 and 1985 | Stephen Jones | 27 | IOR ¾ Tonner |
| Oyster Mariner 35 | 1979-1982 | Holman and Pye | 20 | centre cockpit ketch |
| Oyster Heritage 37 | 1984-1989 | Holman and Pye | 32 | Coachroof or Pilot House |
| Oyster 37 | Holman and Pye | IOR one tonner | ||
| Oyster Lightwave 395 | 1988-1990 | Carl Schumacher | 31 | |
| Oyster 39 | 1978-1984 | Holman and Pye | 43 | centre cockpit ketch |
| Oyster 406 | 1986-1990 | Holman and Pye | 35 | deck salon and coachroof versions |
| Oyster SJ41 | 1980-1987 | Stephen Jones | 33 | IOR One Tonner |
| Oyster 42 | 1996-2002 | 7 | Aft Cockpit deck salon | |
| SJ43 | ||||
| Oyster 435 | ||||
| Oyster 45 | 1996 - 2004 | Holman and Pye | 23 | |
| Oyster HP46 | 1981 and 1990 | Holman and Pye | 25 | Ketch and Sloop Versions |
| Oyster 46 | 2005-2012 | Rob Humphreys | 29 | |
| Oyster 47 | 2000 and 2004 | Holman and Pye | 13 | Modified Oyster 45 |
| Oyster 475 | 2012-2018 | Rob Humphreys | 7 | |
| Oyster 48 Lightwave | 1987-1991 | Carl Schumacher | 19 | |
| Oyster HP49 Pilot House | 1991-1997 | Holman & Pye | 9 | |
| Oyster 49 | 2001 and 2007 | Rob Humphreys | 15 | |
| Oyster 53 | 1999-2008 | Rob Humphreys | 52 | Later boats built in New Zealand by McDell[26] |
| Oyster 54 | 2008 and 2013 | 21 | ||
| Oyster 545 | 2014-2016 | Approx.8 | Restyled 54 | |
| Oyster HP53/55 | 1986-19XX | Holman & Pye | 49 | 3 Ketches Approx. 46 Sloops |
| Oyster 56 | 1998-2010 | Rob Humphreys | 75 | |
| Oyster 565 | 2019-Present | Rob Humphreys | In Build | |
| Oyster 575 | 2011-2018 | Rob Humphreys | 46 | |
| Oyster 595 | 2019-Present | Rob Humphreys | Concept | |
| Oyster 61 | 1995-2000 | Holman and Pye | 14 | |
| Oyster 62 | Rob Humphreys | |||
| Oyster 625 | Rob Humphreys | 20 | ||
| Oyster 655 | 2007 - 2010 | Rob Humphreys | 17 | |
| Oyster 665 | 2014 | Rob Humphreys | 1 | A 655 Custom |
| Oyster 66 | Rob Humphreys | |||
| Oyster 675 | 2017-Present | Rob Humphreys | >1 | |
| Oyster HP68 | ||||
| Oyster 70 | 1996-1999 | 4 | ||
| Oyster 72 | ||||
| Oyster 725 | ||||
| Oyster 745 | 2018-Present | |||
| Oyster 80 | ||||
| Oyster 82 | >15 | |||
| Oyster 825 | 2002-2017 | 3? | Deck saloon and raised saloon | |
| Oyster 835 | 2018-Present | Concept | ||
| Oyster 885 | ||||
| Oyster 885 Mk2 | 2019-Present | Concept | Referred to initially as the 895 | |
| Oyster 100 | 2010-2012[27] | Ed Dubois | 3[28] | Built by RMK Marine in Turkey |
| Oyster 1225 | 2018-Present | Rob Humphries | In Build | Referred to initially as the 115 & 118 |
| Oyster 125 | 2013 | Ed Dubois | 1 | Flybridge boat built by RMK Marine in Turkey |
(CC = Centre Cockpit; AC = Aft Cockpit; RS = Raised Saloon; DH = Deck House) (Current Oyster Models in bold)
Motor Boats
| Model | Years | Designer | Built | Notes |
|---|---|---|---|---|
| Powerline 390 | 1990-1991 | John Bennett | 11 | Based on Humber 38 Hull |
| LD43 / OM43 |
References
External links
- Oyster Marine - official website
Vorlage:UK-manufacturing-company-stub
- ↑ Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ a b Oyster Yachts delighted to announce new ownership. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ UFO34 cruiser-racer archive details - Yachtsnet Ltd. online UK yacht brokers - yacht brokerage and boat sales. In: www.yachtsnet.co.uk. Abgerufen am 24. August 2018.
- ↑ a b UFO. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ UFO 34 sailboat specifications and details on sailboatdata.com. In: sailboatdata.com. Abgerufen am 24. August 2018.
- ↑ Oyster Yachts | David Walters Yachts. In: www.davidwaltersyachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ Oyster 53 | Humphreys Yacht Design. In: www.humphreysdesign.com. Abgerufen am 24. August 2018.
- ↑ Boating Business | Oyster Marine sold to Balmoral Capital. In: www.boatingbusiness.com. Abgerufen am 24. August 2018 (englisch).
- ↑ Ipswich: Luxury yacht builder Oyster Marine acquired by Dutch investors In: East Anglian Daily Times. Abgerufen am 24. August 2018 (englisch).
- ↑ a b c Alan Tovey: Oyster Yachts bailed out of administration by tech entrepreneur Richard Hadida In: The Telegraph, 19. März 2018. Abgerufen am 24. August 2018 (britisches Englisch).
- ↑ Buyer confirmed for Oyster: recruitment underway for staff - Yachting Monthly In: Yachting Monthly, 20. März 2018. Abgerufen am 24. August 2018 (amerikanisches Englisch).
- ↑ a b Oyster sets sail as manufacturing starts in Wroxham. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ a b Oyster completes first yacht under new ownership | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ Oyster Welcomes BBC For Launch of New Yacht | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ a b Oyster Story: Lloyd’s Register Partnership Puts Yacht Safety First | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ August Update from CCO Paul Adamson | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ Our Team | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ Oyster Contact | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ ROBIN BAILEY: McDell Marine going from strength to strength In: NZ Herald, 27. August 2004. Abgerufen am 24. August 2018 (neuseeländisches Englisch).
- ↑ Our Luxury Sailing Yachts | Sailing Superyachts | Oyster Yachts. In: www.oysteryachts.com. Abgerufen am 24. August 2018 (englisch).
- ↑ Yacht Hull 100/03, an Oyster 100 Superyacht built by RMK Marine. In: www.charterworld.com. Abgerufen am 24. August 2018 (englisch).
- ↑ "European Yacht of the Year" in der Kategorie Luxury Cruiser wurde: Oyster 625 (Oyster Marine). Abgerufen am 24. Januar 2012.
- ↑ 2012 World Superyacht Awards.
- ↑ Previous Models - UFO 34. In: Oyster Yachts. Abgerufen am 1. Dezember 2017.
- ↑ Oyster 26 - Oyster Yachts. In: www.oysteryachts.com.
- ↑ http://www.jordanyachts.com/archives/2752
- ↑ First Oyster 100 - Yachting World. 12. November 2009.
- ↑ Yacht Hull 100/03, an Oyster 100 Superyacht built by RMK Marine. In: www.charterworld.com.