The mission of the Refit Advisory Group is to identify how refit centers can better serve the Superyacht Owner. IMM is driving this initiative, with the guidance and advice being provided primarily by experienced large yacht Captains, with other central stakeholders also having a voice.

In its first year, the Refit Advisory Group has investigated how the global large yacht refit & repair offer can be improved. The results of this initial phase will be privately presented to a group of Captains and Owners Representatives in Monaco.

The Refit Advisory Group 2024 Report will look at both facilities and services. The Captains interviewed in this first phase have provided insight into key factors that affect yard selection, as well as the technical facilities deemed essential onsite. The report will detail thoughts on haul-out options, the evolving demand of security and the importance of crew facilities.

The Refit Advisory Group intends to make its findings, conclusions and recommendations open to the industry for the betterment of all stakeholders, with the ultimate aim of better catering to the Owner.

Norina Edelman, IMM CEO, explained: “As superyacht professionals, we have a duty to always put the Owner first and to work towards making our offer more tailored to the Owner’s true needs in the changing market. It is an interesting and important exercise to circle back to the Captains of large yachts and ask how we are doing collectively as Refit Centers around the world and where we need to improve”

We look forward to future phases of the Refit Advisory Group, where we continue to delve into a variety of questions about large-yacht refit and how we can do better.