PHOTOS: Mike Jones Several weeks after new ownership took over, Oyster Yachts has added Eddie Jordan, a high-profile auto-racing and yacht-owning figure, to its board. Furthermore, it’s added Rob Humphreys, a well-known yacht designer. Oyster Yachts re-emerged with entrepreneur Richard Hadida at the helm in March. This followed the company suddenly going into administration the
Oyster Yachts, which went into administration last month, has new ownership. Richard Hadida, an entrepreneur and loyal fan of the British builder’s sailing yachts, has acquired it. Hadida gained fame for establishing a gaming software company, Evolution Gaming. In interviews with media this week, he says he’s enjoyed sailing aboard an Oyster for several years.
UPDATE, FEBRUARY 7, 2018: The parent company for Oyster Yachts is in the hands of a financial-turnaround and restructuring company. KPMG Restructuring is reportedly seeking a buyer on behalf of the company, Oyster Marine Holdings. Oyster Marine Holdings owns the yacht builder (formally Oyster Marine) as well as Oyster Brokerage and Oyster Palma. We reached
If sailing to far-flung places like Bora Bora, Indonesia, or Ascension Island intrigues you, keep reading. Oyster Yachts owners, as well as those who love the British builder’s sailboats and sailing superyachts, are invited to join the third edition of the Oyster World Rally, commencing in January 2021. The news comes while the second edition
Say goodbye to the Oyster 825 and 885, and hello to the Oyster 835 and 895. They’re the new models in the Oyster Superyachts range of semi-custom, ocean-going projects. Oyster has been gradually retiring its older models, even if they’re still selling, with newer ones. The reason: new technology, new construction standards, and therefore new
Big yachts require big construction bays. Big plans for these yachts do, too. Oyster Yachts has added a new shed for those reasons. The shed benefits the Oyster 118 series, of which the second hull is about to start. The timing is right. In January, Oyster revealed that hull number two was under contract. Meanwhile,