A1 investment in Refit & Repair facility in Rhodes, Greece

Α1 Group, which has been at the forefront of yachting in Greece for more than twenty years, has chosen the island of Rhodes for its latest new and innovative business expansion plan.

The company has received confirmation of its successfully bid for the Shipyard in the area known as Kanamat, close to the city of Rhodes: on an island with good transport links and one of the best climates in the Mediterranean. With a total land area of 65.000 sq.m and sea area of 45.000 sq.m, this will be counted as one of the largest shipyards dedicated exclusively to yacht repair, in the Mediterranean.   This exciting new project will be developed into a yacht repair facility of the highest standard which will substantially impact both the yachting industry and the local economy.

A1 is well known to yachts and has always encouraged a very client-centric ethos which it will bring to this new repair facility providing care for both yachts, owners and crew during their stay.

The company has for some years run the shipyard, with its current, very basic, infrastructure and services for smaller local yachts. The vision for the future however, far exceeds current facilities and services which will be fundamentally restructured to create a modern facility for yachts with high-quality services and International standards of infrastructure. Specifically, the shipyard plans to incorporate a Syncrolift system with the capacity to accommodate vessels up to 75 meters, and a travel lift with a lifting capacity of up to 1000 tons are among the many upgrades that are planned. Furthermore, part of the sea area will be utilized as a small, but fully equipped, marina able to host vessels up to 100 meters in length. All of this on the pleasant and popular island of Rhodes with its captivating natural beauty and cosmopolitan atmosphere.

In combination with the teams’ many years of experience in managing refit and repair projects in the luxury yacht segment, and the geographical advantages of the place, it is expected that the result of the investment envisaged will attract yachts to the East Mediterranean and take the Greek refit and repair sector to a new level.