Visiting Palma Superyacht Show last week, it was a pleasant surprise to find the 34.34m SY Naiade on the dock, listed for sale with Fraser.
Following an 18-month rebuild, this sailing superyacht is now, literally, a more advanced yacht than when she was first launched.
In 2014, a motor yacht lost control in Acapulco Marina and careered into the port side of her hull. The initial survey reported a resultant crack in the hull and the decision was made to repair the damage in the Med.
On arrival in Palma, the engine room was disassembled and BM Composites were engaged to make the repair. However, with the engine room cleared, further cracks in the main structure of the boat, affecting the keel structure itself, were discovered.
Nautor Swan released the original construction drawings and the yacht was reengineered by Gurit. The engine room was completely gutted and the bottom of the hull was removed, where the first, second and third longitudinal girders were all broken.
The original mold was sourced and Nautor Swan provided the section needed to enable BM Composites to rebuild the hull.
The boat rebuild resulted in an excess of €3million spent and in addition to the structural repairs, a full refit was carried out to include the engine and generators, with all machinery replaced or refurbished, new decks, IT/AV systems, new sails, rod rigging and full hull repaint.
Listing Broker, Georges Bourgoignie of Fraser commented; “Naiade represents a superb opportunity to own one of the world’s highest- pedigree semi-production sailing yachts with guaranteed performance owing to here German Frers design. Having seen limited use in her life before the incident that resulted in her total rebuild at the STP Shipyard in Palma, she is now a virtually new yacht in terms of her systems, structure, and cosmetics, at 25% of the replacement cost.”