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YCO Selected for New 80m Superyacht Build in 2011

YCO Group plc, a leading provider of specialist services to superyachts, is pleased to announce that it has recently contracted a project with a leading European shipyard on behalf of a long-term client. The project will involve the full custom build of a motor yacht in excess of 80m and will be undertaken in conjunction with a world renowned, UK based Superyacht Design House. The yacht is due to be delivered in 2014.

Commenting on the transaction, YCO Chief Executive Charlie Birkett said: "We are delighted to have been chosen to undertake the contracting and project management of a yacht of this calibre. YCO is now involved with every major European shipyard and this latest project is further validation of YCO as a leader in the brokerage and management of the world's most significant superyachts."

About YCO
Modernising the yacht industry, YCO was founded in Monte Carlo in 2004 by current Directors Gary Wright and Charlie Birkett and has since grown to become a global force in brokerage, charter, management and project management services for luxury yachts.

YCO is recognised as an innovator in the superyacht industry. It was the first to introduce its own online yacht management software (YCO LIVE) and prepayment debit card (YCO VISA) and most recently launched the first ever iPad brokerage app (YachtBox).

YCO is headquartered in the Principality of Monaco, with teams also operating from the UK, France, the Gulf, and, coming 2011, the US. YCO is also listed as a part of YCO Group Plc on the London Stock Exchange, providing a level of transparency and regulation in its operations, which is unique in the industry.

For more information on YCO and its services please contact one of our offices.

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