SeaDream as well as Damen terminate intended megayacht construct


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Megayacht with terminated stamp throughout it

Norwegian business owner Atle Brynestad’s SeaDream Yacht Club claims that it as well as shipbuilder Damen have “in good faith and with mutual understanding” made a decision not to wage the structure of a brand-new 155 m megayacht that was to have actually been developed at the Damen Mangalia shipyard in Romania.

SeaDream claims that “both celebrations are open to possible future tasks as well as cooperation.’

The brand-new ship, SeaDream Innovation, was arranged to be supplied in September of 2021.

“The response from our past guests and the market in general has been overwhelming, despite the ship not being scheduled for delivery for almost two years,” stated Andreas Brynestad,Executive Vice President “Since the ship will not be delivered, all booked guests will be contacted and issued full refunds in the coming days.”

SeaDream is proactively seeking various other newbuild possibilities.

Owner as well as Chairman Atle Brynestad stated, “The company has been debt-free for several years and has the equity needed to expand the fleet. We hope to announce a new ship in 2020.”

Source of This New.