Displaying items by tag: Green Marine

10th October 2017

Green Marine, UK Performance Yacht Builder, Goes Into Liquidation

Green Marine’s composite manufacturing facility in Hythe

#TradeNews - BBC News reports that Green Marine, the high performance yacht builder in the UK responsible for entries in the Volvo Ocean Race and America’s Cup, has gone into liquidation.

Forty-six jobs have been lost with the end of trading at the boatbuilder, which moved its core business to Hythe in Hampshire from Lymington and Southampton in recent years in order to take on multiple projects.

A slowdown in large yacht orders has been blamed for the decision to enter voluntary liquidation — though a Scuttlebutt Europe reader alleges manoeuvres at the builder’s Dutch owners Vitters undermined its ability to prosper.

Green Marine build more than 180 boats since it was founded in 1982, specialising in custom racing yachts such as those competing in the Volvo Ocean Race, the Vendée Globe, and Sir Ben Ainslie’s recent America’s Cup challenge.

BBC News has more on the story HERE.

Published in Marine Trade

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About Pamela Lee, Irish Offshore Sailor

Ireland has produced some of the world’s most dedicated offshore sailors, and Pamela Lee of Greystones is one of them. She has made a name for herself in the sailing world, having worked as a mate on a charter Super-yacht for two and a half years. After coming ashore, she has been fully committed to her offshore sailing ambitions since 2019.

Lee has raced in various craft, including Figaro 3s, Class 40, Tp 52s, and multihulls, and has eight transatlantic crossings under her belt. In partnership with Kenny Rumball, Lee supported Rumball’s La Solitaire du Figaro sailing campaign to secure the Irish berth in the proposed Mixed Offshore Keelboat event for the Paris 2024 Olympics.

One of Lee’s stated main aims is to promote female empowerment in sport, and she set out to establish a double-handed Round Ireland speed record with Englishwoman Cat Hunt in the winter of 2020. This campaign gained much publicity, and Lee expressed pride in bringing sailing and offshore sailing, in particular, into the conversation for 2020.

To further her offshore sailing career, Lee moved to France, where she has recently secured a place to skipper a yacht in the Transat Jacques Vabre Challenge in October 2023. Lee’s passion and dedication to offshore sailing are inspiring, and her achievements are a testament to her hard work and perseverance.