
Tricon Marine has put the finishing touches on its shipyard outside Zhuhai, China in a move that makes it the only wholly owned and operated North American shipyard in that country. The Palm Beach, Florida-based builder of FRP/Composite luxury yachts up to 180 feet has transferred yachts currently under construction to the new facility, including Tricon’s next launch—a 92-foot long-range offshore performance motoryacht. Both the newest launch and the shipyard will have their official coming out party in the spring.

Just a ferry ride away from Hong Kong and Macau, Tricon’s new shipyard measures 500,000 square feet. To focus on every detail of yacht building, Tricon plans to limit build-slots to a maximum of three yachts in simultaneous production for the next few years. At full capacity the yard will have production capability of 16 yachts indoors and in-water work on two more yachts up to 180 feet at its pier—making it the largest shipyard for composite yacht construction in China with a production capacity, according to a company release. Tricon can complete up to $60 million in work a year, depending on the size of the yachts under construction.