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Fairline appoints new chairman and CEO

British yacht builder Fairline Yachts has named two new business heads, announcing the appointments of a chairman and a chief executive officer.

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FAIRLINE YACHTS LIMITED

Company number 09937735

• Company Overview for FAIRLINE YACHTS LIMITED (09937735)
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Next accounts made up to 31 December 2023 due by 30 September 2024

Last accounts made up to 31 December 2022

Confirmation statement

Next statement date 23 November 2024 due by 7 December 2024

Last statement dated 23 November 2023

Nature of business (SIC)

• 30120 - Building of pleasure and sporting boats

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In Focus: Fairline Yachts talks deliveries, demand, sustainability and new craft

Wednesday, July 26th, 2023

Written by: Zella Compton

Although he describes the market as “beginning to soften back towards pre-covid levels”, with inflation impacting rising costs and Brexit also playing its part, Fairline’s chief executive Paul Grys says the boatbuilder is looking to deliver similar levels of boats in 2023 as it did in 2022 — a significant uptick up on its covid-affected 2020/21 output.

“We are holding margin and continuing to manufacture our yachts to fulfil our existing orders,” says Grys. “It would be fair to say that parts of the supply chain have been patchy, but it is getting much better. This is something that’s affecting everyone in the industry, though, not just us.”

In fact, one of the company’s current challenges is keeping up with demand.

The company has just under 50 dealers throughout its global network (it recently appointed a new dealer for Greece and Cyprus , with a little over 70 sales points within that — some dealers have multiple locations), which means Fairline is currently represented in every territory it would like to be. As Grys puts it: “The extensive interest in our new products is very promising for future orders.”

According to Grys, product innovation is one of Fairline Yacht’s keys to success. “Customers in our market desire the latest products, so it is important that we continue to design and manufacture new products which answer that demand. With every new product, there are learnings from the last and listening to customers and making tweaks provides the best foundation when we are designing our next yacht.”

But, what he is not hearing from customers is a demand for sustainability.

“We’re not seeing a change from our customers about what they are looking for. Fairline currently does not offer a sustainable option within its product range,” Grys says. “We are, however, interacting with key strategic supplier partners and look forward to reviewing more sustainable technologies and opportunities.”

Similarly, the company doesn’t have an end-of-life policy for its product, and Grys reiterates: “our customers aren’t currently asking for sustainability.”

What they are looking for, Grys believes, can be found in the iconic designs.

He says: “Fairline is not a brand that follows trends or fashion. We are always striving to design a yacht that looks as fresh in year ten as it did in year one. Our core values are very important because the whole world of Fairline revolves around the product. I also think our after-sales service is a vital part of that iconic offering. Boats do go wrong, and it’s how you respond to that and how quickly you respond, which is all part of building that premium brand.”

The company started building with GRP in 1967, and “we haven’t found a need to change the way we build Fairline yachts,” says Grys. “We proudly continue to be a British-made, hand-crafted product.”

The company now employs circa 500 employees from its base in Oundle, Northamptonshire, where it builds its motor yachts.

That Fairline enjoys international demand is obvious. It exports around 90 per cent of its annual volume every year. Grys says Fairline’s popularity is because the design strategy is all about connection to water.

He explains that as “ensuring the boat is as light and airy as possible and offers owners easy access to outdoor living space. This commitment is felt through all our products ranges from our F//Line 33 with its innovative fold-down transom to the Targa 45 s with their large cockpits.

“Our new products, like the Squadron 58, which will be making its world debut at Southampton International Boat Show this year, boasts twin balconies and an innovative extendable bathing platform.

“We’ve also always had large opening sunroofs, but a more recent focus has been on much larger glazing both in the hull, ensuring the lower accommodation has lots of natural light, but also in the superstructure making the saloons and cockpits open as well. The larger glazing allows light to flood in but also gives that feeling of space being able to get such a wide view of your surroundings from inside.”

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Fairline Yachts’ Managing Director Russell Currie steps down after three years

• Motor Boat Awards

Fairline Yachts has announced that Executive Chairman David Tydeman will take over the reigns from Managing Director Russell Currie

Fairline Yachts has announced that Russell Currie is stepping down from the role of Managing Director after three years in this position. Russell will return to leading the Fairline North Mallorca dealership.

During Currie’s three years in charge, Fairline Yachts has received the Motor Boat & Yachting Judges’ Special Award 2018 for ‘the best turnaround of a business’ and won two World Yacht Trophies for best exterior design of the Targa 63 GTO and Targa 43 OPEN. As Managing Director, Russell was also pivotal in the boat builder’s turnaround with the acquisition of the 200,000 square ft shore-side manufacturing site in Hythe, Southampton, which allows Fairline to build bigger boats than has been possible before.

Fairline’s Executive Chairman, David Tydeman, will take over the reins from Russell.

Fairline Yachts commented: “Over the past three years Fairline has reached its deserved place back on the world’s stage and we thank Russell for helping us get there – he is a true Fairline ambassador. As we enter the next exciting chapter in Fairline’s history, David’s highly relevant experience means he is extremely well-placed to build on the success of Fairline Yachts and take us into the next stage of our growth plans.”

Fairline is not the only luxury boat builder to announce changes in its management team. Sunseeker recently confirmed that CEO Phil Popham was leaving the company to join Lotus cars . He is replaced by Aston Martin Lagonda Chief Sales Officer and Vice President Christin Marti.

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W h e n   a   l e g e n d   m e e t s   a n   i c o n .  

T h e   n e w   t a r g a   4 0  , t h e   n e w   s q u a d r o n   5 8 :   a   f r e s h   l o o k .   s a m e   b e a t i n g   h e a r t .  , w h e r e   l u x u r y   &   e x h i l a r a t i o n   c o - e x i s t  , t h e   w o r l d   a t   y o u r   f i n g e r t i p s  , a n   e x c i t i n g   n e w   o u t l o o k   o n   l i f e  , t h e   s t r i k i n g   f / / l i n e   3 3  , f i n d   y o u r   p e r f e c t   f a i r l i n e  , f / / l i n e  .

The F//LINE has set the industry alight and hearts racing. Sleek, sporty and with searing performance, this is a modern weekender made for exhilarating, wind-in-the-hair adventure.

Designed in collaboration with celebrated Italian yacht designer, Alberto Mancini, the F//LINE delivers the full package – head-turning lines, an exceptional ride, sharp handling and breath-taking performance.

T a r g a  

Sophisticated styling meets the ultimate in power and performance. A Targa delivers an engaging driving experience alongside svelte exterior lines, generous living spaces and outstanding flexibility on and below deck.

Designed for life on the water, this iconic motor yacht range has been elevated by the designs of Alberto Mancini and our own in-house team, resulting in the perfect marriage of elegant Italian refinement and British craftsmanship.

Open-plan living provides Targa owners with spacious socialising and sunbathing areas and a seamless connection to the water. With deft use of glass above and below decks and versatile layouts, this class-leading range pushes the boundaries of modern sports cruiser design.

Targa has year-round appeal thanks to the standard fit sunroof across the range and the option to have an open or fully enclosed main deck.

P h a n t o m  

The iconic Phantom name is reimagined in Fairline’s first sportsbridge yacht, the stunning Phantom 65.

An exciting blend of flybridge accommodation with sportscruiser handling and style, the Phantom delivers triple-deck living spaces and razor-sharp looks with the on-water dynamics to match.

The Phantom offers motor yacht owners a game changing combination of Targa and Squadron attributes thanks to its beautifully proportioned upper deck and the addition of a glass sunroof above the main saloon.

A masterstroke in modern yacht design, the Phantom offers a huge array of al-fresco dining, entertaining and lounging spaces to soak up the sun alongside captivating, streamlined looks and thrilling performance.

S q u a d r o n  

Uncover a world of new possibilities. With numerous layout options and expansive flybridges, a Squadron is designed for the adventure-seeking family. Renowned for its alluring mix of luxurious accommodation and intelligent design, this iconic marque is light, spacious and open with beautifully integrated practical design features.

With expansive cockpits, luxurious saloons and sumptuous cabins with full-standing headroom, a Squadron affords owners exquisite open-plan living for life on the water. Enjoy sundowners on the sociable flybridge, relax on the foredeck sunpads or catch the morning sun on the submersible bathing platform.

The Squadron design maximises owner’s connection to the water thanks to light-filled interiors, huge windows, and generous deck spaces.

Sophisticated and elegant, a Squadron offers supreme comfort matched with contemporary style.

Find a dealer

Fairline has one of the most extensive dealer networks in the industry with over 50 customer-focused dealerships worldwide. Our knowledgeable partners offer outstanding customer service and experience.

Become part of the Fairline family today.

A pre-owned Fairline is ready to create new memories. Explore our listings of pre-owned Fairlines and find your perfect match. With boats located around the world and a wide selection of models available, your Fairline could be right around the corner. In your hands, the adventure will continue.

O u r   S t o r y  

Fairline has been at the beating heart of boatbuilding for more than half a century and has built a reputation for enduring designs, expert craftsmanship, superior luxury and unrivalled performance. 

From humble beginnings in Oundle, England, Fairline has become an iconic name in yachting worldwide with a range of boats spanning four model lines from 33-68ft (10-21m). 

The spirit of adventure drives everything we do.  With a team who are dedicated to their craft, we continue to bring fresh ideas, push boundaries and produce industry-leading marques, which marry the latest technical innovations with exceptional British craftsmanship, style and refinement.  

Our collaboration with celebrated Italian yacht designer Alberto Mancini combines contemporary style with a long-standing heritage and our award-winning range of designs have become synonymous with outstanding seakeeping, performance and luxury.  

Always remaining true to the Fairline DNA, we produce award-winning models that pair space with sophistication. Fairline’s brand legacy is one of carefree adventure for all who step aboard.

News & Events

27th February 2024

Come and start your career with Fairline

Our Recruitment Open Day is set to take place on 2nd March. We're gearing up to fill positions at our Oundle manufacturing facility, promising exciting opportunities for job seekers in the marine industry.

5th February 2024

Miami line-up announced

Fairline has announced its line-up for Miami International Boat Show (14-18 February 2024) which includes the Squadron 68, Squadron 50, Targa 45 OPEN and the F//LINE 33.

25th January 2024

Squadron 58 wins at the Motorboat of the Year awards

23rd January 2024

Fairline wows Boot Düsseldorf with duo of debuts

Fairline unveiled its Targa 40 in a world debut and its Squadron 58 in a European debut today at Boot Düsseldorf, which runs until 28 January 2024.

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website.

Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.

We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

W h e n   a   l e g e n d   m e e t s   a n   i c o n  

T h e   n e w   t a r g a   4 0  , t h e   a l l   n e w   s q u a d r o n   5 8 :   a   f r e s h   l o o k .   s a m e   b e a t i n g   h e a r t .  , w h e r e   l u x u r y   &   e x h i l a r a t i o n   c o - e x i s t  , t h e   s t r i k i n g   f / / l i n e   3 3  , t h e   w o r l d   a t   y o u r   f i n g e r t i p s  , a n   e x c i t i n g   n e w   o u t l o o k   o n   l i f e  , f i n d   y o u r   p e r f e c t   f a i r l i n e  , f / / l i n e  .

In all our years of boatbuilding, we have never created something quite like the F//LINE. Setting the industry alight with its searing performance and svelte lines, the F//LINE forges a new path for sleek, sporty, high-performance dayboats.

Prepare your adventurous side. This is what it has been waiting for.

A modern sportsboat made for exhilarating adventure, the F//LINE has been designed in collaboration with celebrated Italian yacht designer, Alberto Mancini and delivers the full package – head-turning lines, an exceptional ride, sharp handling and breath-taking performance.

T a r g a  

Luxury by definition, powerful in spirit. The Fairline Targa motoryacht range marries sophisticated styling with alluring power and performance. 

The Fairline DNA is in every curve of these iconic designs, which provide generous living spaces and outstanding flexibility on and below deck together with an outstanding drive and seakeeping.

Designed for life on the water, this iconic motoryacht range has been elevated by the designs of Alberto Mancini and our own in-house team in England, resulting in the perfect mix of elegant Italian refinement and British craftsmanship.

Open plan living provides Targa owners with spacious socializing and sunbathing areas and a seamless connection to the water. With deft use of glass above and below decks and versatile layouts, this class-leading range pushes the boundaries of modern sportscruiser design.

Targa has year-round appeal thanks to the standard fit sunroof across the range and the option to have an open or fully enclosed main deck.

P h a n t o m  

The iconic Phantom name is reimagined in Fairline’s first sportsbridge, the stunning Phantom 65.

Blazing a trail with an exceptional blend of flybridge accommodation with sportscruiser handling, the Phantom motoryacht delivers triple-deck living spaces and razor-sharp looks with the on-water dynamics to match.

The Phantom boasts incredibly clean and modern lines. Our expert team of designers and craftspeople have created a winning combination offering the enhanced space of a flybridge with the sporty style of our Targa models.

With an abundance of al-fresco dining, entertaining and lounging spaces, relaxing onboard has never been so easy. It’s time to soak up the sun alongside captivating, streamlined looks and thrilling performance.

S q u a d r o n  

Iconic and elegant – a Squadron is designed for the adventure-seeking family and offers flexible layout options, expansive flybridges and effortless style. 

Renowned for its alluring mix of luxurious accommodation and smart design, this class-leading marque is light, spacious and open with beautifully integrated practical design features.

Reflecting Fairline’s impressive boatbuilding legacy and boundary-pushing innovation, Squadrons boast expansive cockpits, luxurious saloons and voluminous cabins with full-standing headroom for effortless on-water living. 

The Squadron design maximizes an owner’s connection to the water thanks to light-filled interiors, open-plan layouts, huge windows, and generous deck spaces. Enjoy sundowners on the sociable flybridge, relax on the foredeck sunpads or catch the morning sun on the submersible bathing platform.

Sophisticated and elegant, a Squadron offers supreme comfort matched with contemporary style.

Find a dealer

Fairline has one of the most extensive dealer networks in the industry. Come to us for adventure. Come to us for heritage. And come to us for forward thinking. But most of all, come and experience our superior service and dedication. 

We have recently expanded our dealerships across the US and Canada and continue to broaden our acclaimed network. Each appointed Fairline dealer is a professional, thriving business, working with your best interests at heart. Find your closest Fairline dealer here and begin your adventure today. 

Become part of the Fairline family today.

A pre-owned Fairline is ready to create new memories. Explore our listings of pre-owned Fairlines and find your perfect match. With boats located around the world and a wide selection of models available, your Fairline could be right around the corner. In your hands, the adventure will continue.

O u r   S t o r y  

Fairline has been at the beating heart of boatbuilding for more than half a century and has built a reputation for enduring designs, expert craftsmanship, superior luxury and unrivalled performance. 

From humble beginnings in Oundle, England, Fairline has become an iconic name in yachting worldwide with a range of boats spanning four model lines from 33-68ft (10-21m). 

The spirit of adventure drives everything we do.  With a team who are dedicated to their craft, we continue to bring fresh ideas, push boundaries and produce industry-leading marques, which marry the latest technical innovations with exceptional British craftsmanship, style and refinement.  

Our collaboration with celebrated Italian yacht designer Alberto Mancini combines contemporary style with a long-standing heritage and our award-winning range of designs have become synonymous with outstanding seakeeping, performance and luxury.  

Always remaining true to the Fairline DNA, we produce award-winning models that pair space with sophistication. Fairline’s brand legacy is one of carefree adventure for all who step aboard.

News & Events

5th February 2024

Miami line-up announced

Fairline has announced its line-up for Miami International Boat Show (14-18 February 2024) which includes the Squadron 68, Squadron 50, Targa 45 OPEN and the F//LINE 33.

7th December 2023

Two debuts at Boot Düsseldorf 2024

Fairline will unveil its highly anticipated all-new Targa 40 in a world debut at this year’s Boot Düsseldorf, 20 - 28 January 2024, supported by the European debut of the all-new Squadron 58.

17th November 2023

Designer of the Year

Fairline’s Christian Gott takes home Designer of the Year at the Boat Builder Awards 2023

14th November 2023

New Michigan dealer appointed

Fairline Americas has announced its latest US dealer as the award-winning Michigan based Colony Marine, which boasts three locations: St. Clair Shores, Algonac and Oakland County, and will operate as Fairline Great Lakes.

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website.

Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.

We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

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15 men brought to military enlistment office after mass brawl in Moscow Oblast

Local security forces brought 15 men to a military enlistment office after a mass brawl at a warehouse of the Russian Wildberries company in Elektrostal, Moscow Oblast on Feb. 8, Russian Telegram channel Shot reported .

29 people were also taken to police stations. Among the arrested were citizens of Kyrgyzstan.

A mass brawl involving over 100 employees and security personnel broke out at the Wildberries warehouse in Elektrostal on Dec. 8.

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For the first time Rosatom Fuel Division supplied fresh nuclear fuel to the world’s only floating nuclear cogeneration plant in the Arctic

The fuel was supplied to the northernmost town of Russia along the Northern Sea Route.

The first in the history of the power plant refueling, that is, the replacement of spent nuclear fuel with fresh one, is planned to begin before 2024. The manufacturer of nuclear fuel for all Russian nuclear icebreakers, as well as the Akademik Lomonosov FNPP, is Machinery Manufacturing Plant, Joint-Stock Company (MSZ JSC), a company of Rosatom Fuel Company TVEL that is based in Elektrostal, Moscow Region.

The FNPP includes two KLT-40S reactors of the icebreaking type. Unlike convenient ground-based large reactors (that require partial replacement of fuel rods once every 12-18 months), in the case of these reactors, the refueling takes place once every few years and includes unloading of the entire reactor core and loading of fresh fuel into the reactor.

The cores of KLT-40 reactors of the Akademik Lomonosov floating power unit have a number of advantages compared to the reference ones: a cassette core was used for the first time in the history of the unit, which made it possible to increase the fuel energy resource to 3-3.5 years between refuelings, and also reduce the fuel component of the electricity cost by one and a half times. The FNPP operating experience formed the basis for the designs of reactors for nuclear icebreakers of the newest series 22220. Three such icebreakers have been launched by now.

For the first time the power units of the Akademik Lomonosov floating nuclear power plant were connected to the grid in December 2019, and put into commercial operation in May 2020. The supply of nuclear fuel from Elektrostal to Pevek and its loading into the second reactor is planned for 2024. The total power of the Akademik Lomonosov FNPP, supplied to the coastal grid of Pevek without thermal energy consumption on shore, is about 76 MW, being about 44 MW in the maximum thermal power supply mode. The FNPP generated 194 million kWh according to the results of 2023. The population of Pevek is just a little more than 4 thousand, while the FNPP has a potential for supplying electricity to a city with a population of up to 100 thousand people. After the FNPP commissioning two goals were achieved. These include first of all the replacement of the retiring capacities of the Bilibino NPP, which has been operating since 1974, as well as the Chaunskaya TPP, which has already been operating for more than 70 years. Secondly, energy is supplied to the main mining companies in western Chukotka in the Chaun-Bilibino energy hub a large ore and metal cluster, including gold mining companies and projects related to the development of the Baimsk ore zone. In September 2023, a 110 kilovolt power transmission line with a length of 490 kilometers was put into operation, connecting the towns of Pevek and Bilibino. The line increased the reliability of energy supply from the FNPP to both Bilibino consumers and mining companies, the largest of which is the Baimsky GOK. The comprehensive development of the Russian Arctic is a national strategic priority. To increase the NSR traffic is of paramount importance for accomplishment of the tasks set in the field of cargo shipping. This logistics corridor is being developed due regular freight voyages, construction of new nuclear-powered icebreakers and modernization of the relevant infrastructure. Rosatom companies are actively involved in this work. Rosatom Fuel Company TVEL (Rosatom Fuel Division) includes companies fabricating nuclear fuel, converting and enriching uranium, manufacturing gas centrifuges, conducting researches and producing designs. As the only nuclear fuel supplier to Russian NPPs, TVEL supplies fuel for a total of 75 power reactors in 15 countries, for research reactors in nine countries, as well as for propulsion reactors of the Russian nuclear fleet. Every sixth power reactor in the world runs on TVEL fuel. Rosatom Fuel Division is the world’s largest producer of enriched uranium and the leader on the global stable isotope market. The Fuel Division is actively developing new businesses in chemistry, metallurgy, energy storage technologies, 3D printing, digital products, and decommissioning of nuclear facilities. TVEL also includes Rosatom integrators for additive technologies and electricity storage systems. Rosenergoatom, Joint-Stock Company is part of Rosatom Electric Power Division and one of the largest companies in the industry acting as an operator of nuclear power plants. It includes, as its branches, 11 operating NPPs, including the FNPP, the Scientific and Technical Center for Emergency Operations at NPPs, Design and Engineering as well as Technological companies. In total, 37 power units with a total installed capacity of over 29.5 GW are in operation at 11 nuclear power plants in Russia. Machinery Manufacturing Plant, Joint-Stock Company (MSZ JSC, Elektrostal) is one of the world’s largest manufacturers of fuel for nuclear power plants. The company produces fuel assemblies for VVER-440, VVER-1000, RBMK-1000, BN-600,800, VK-50, EGP-6; powders and fuel pellets intended for supply to foreign customers. It also produces nuclear fuel for research reactors. The plant belongs to the TVEL Fuel Company of Rosatom.

Rosatom obtained a license for the first land-based SMR in Russia

On April 21, Rosenergoatom obtained a license issued by Rostekhnadzor to construct the Yakutsk land-based SMR in the Ust-Yansky District of the Republic of Sakha (Yakutia).

ROSATOM and FEDC agree to cooperate in the construction of Russia's first onshore SNPP

ROSATOM and FEDC have signed a cooperation agreement to build Russia's first onshore SNPP in Yakutia.

Rosatom develops nuclear fuel for modernized floating power units

Rosatom has completed the development of nuclear fuel for the RITM-200S small modular reactor designed for the upgraded floating power units.