03 December 2012

British Yacht Redesigning Firm Banks On Subic Bay For Growth

A British company engaged in the refurbishing and redesigning of old yachts has banked on Filipino ship-building skill and this premier Freeport’s tax perks and strategic location to chart its future growth.

Ocean Gecko Designs and Marine Services Inc. recently invested in this Freeport to recreate old boats and turn them into luxurious sea-going vessels. Although the managing team has been a part of an investor in Subic Bay Freeport for 10 years, the company only started in 2010.

Managing Director Duncan Trower said “our British management team has been based for over 10 years in Subic Bay Freeport Zone, Philippines with a wealth of experience in the marine field.”

“We consider good design paramount to successful projects and products. Our design team is actively involved in day to day production, development and fabrication ensuring accuracy of work and real time problem solving. This approach enables design, fabrication and engineering to evolve together as projects progress,” he added.

Currently, the company is working on a former buoy tender of the Norwegian government and has made it into a $10-million yacht complete with amenities such as a deck Jacuzzi, vip rooms, etc.

Christened as Anda, the boat was originally constructed in 1965 by Brodrene Lothe A/S (Norway). After serving as a buoy tender, the Norwegian Coast Guard used Anda for coastal patrol duties between Russian and Norwegian waters. She was constructed to DNV 1-A1-k, with steel hull and aluminum superstructure. (Jonas Reyes, Manila Bulletin)