Shipyard · New build

Grand Banks Yachts

Founded in Hong Kong in 1956 as American Marine, Grand Banks helped create the production trawler category with the GB36. It has built in Malaysia since 1995 and has been run by CEO and designer Mark Richards since it took over Palm Beach Motor Yachts in 2014. All three brands now use its V-Warp hull, and the GB85 is the largest model.

Yachts built by GRAND BANKS MARINE →

Key facts

Parent
Grand Banks Yachts Limited (GB Marine Group)
Country
Malaysia (built); company roots Hong Kong/Singapore
Founded
1956 (as American Marine Ltd, Hong Kong)
Status
Active
Size range (LOA, m)
approx. 13–26.6 m current range (EB44 to GB85)
Largest delivered
Grand Banks 85 'Betty', 26.58 m, 2021
Yachts delivered
not published (1,141 Grand Banks 36s built 1964-2003, Barche Magazine 2026)

Notable yachts

  • Betty, GB85 · 26.58 m, 2021
  • Grand Banks 36 production trawler · 1,141 built, 1964-2003

Services

  • production new build
  • in-house composite manufacturing
  • global service network (US, Australia/NZ, Asia, Europe)

Haul-out

Travel liftnot published
Shipliftnot published
Dry / floating docknot published
Max LOA handled (m)not published
Max tonnage handlednot published
Sheds / berthsPasir Gudang yard nearly 700,000 sq ft after 143,300 sq ft composite facility added (MarketScreener, Mar 2025)

Sources

  • barchemagazine.com — https://www.barchemagazine.com/en/grand-banks-70-years-anniversary/
  • grandbanks.com — https://www.grandbanks.com/about
  • marketscreener.com — https://www.marketscreener.com/quote/stock/GRAND-BANKS-YACHTS-LIMITE-6492114/news/Grand-Banks-Yachts-Limited-Unveils-Dedicated-Composite-Manufacturing-Facility-in-its-Pasir-Gudang-Ya-49279437/
  • boatinternational.com — https://www.boatinternational.com/yachts/news/grand-banks-gb85-flagship

Compiled from published sources. Figures carry their own source and date where one exists.