Shipyard · New build
Princess Yachts
Plymouth series builder of motor yachts, mostly under 30 m, operating from five sites around the city, including the former naval South Yard. Owned by KPS Capital Partners since 2023; it cut around 250 jobs in late 2024 (to c. 2,700 staff) citing market conditions.
Yachts built by Princess →Key facts
- Parent
- KPS Capital Partners (since 2023)
- Country
- United Kingdom
- Founded
- 1965 (as Marine Projects (Plymouth) Ltd)
- Status
- Active
- Size range (LOA, m)
- c. 12–40 (largest current range X Class up to c. 29 m; 40M built 2015)
- Largest delivered
- Ace 2 (Princess 40M), 40.2 m, 2015
- Yachts delivered
- 288 yachts in fleet, all sizes, incl. 17 delivered in last 12 months (Superyacht Times, accessed Sep 2026); total production not published
Notable yachts
- Ace 2 · 40.2 m, 2015
Services
- new build (series production flybridge, sport, S- and X-Class motor yachts)
- in-house composites and joinery
- warranty via dealer network
Haul-out
| Travel lift | not published |
|---|---|
| Shiplift | not published |
| Dry / floating dock | not published |
| Max LOA handled (m) | not published |
| Max tonnage handled | not published |
| Sheds / berths | Five Plymouth sites covering 1.1 million+ sq ft (Wikipedia); individual sheds not published |
Sources
- en.wikipedia.org — https://en.wikipedia.org/wiki/Princess_Yachts
- yachting-pages.com — https://www.yachting-pages.com/articles/princess-yachts-sold-to-us-investor-news.html
- marineindustrynews.co.uk — https://marineindustrynews.co.uk/princess-yachts-lays-off-250-staff-amid-market-challenges/
- superyachttimes.com — https://www.superyachttimes.com/companies/princess-yachts
Compiled from published sources. Figures carry their own source and date where one exists.