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East Anglia Future 50

Oyster Yachts creates 20 jobs with new safety certification scheme

The Oyster Yachts premises at Hoveton. Picture: DENISE BRADLEY

The Oyster Yachts premises at Hoveton. Picture: DENISE BRADLEY

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Boat-builder Oyster Yachts has announced a deal which will see all the company’s newly built vessels given a safety certification by Lloyd’s Register (LR).

The new tie-up will see the creation of 20 jobs at a new moulding facility at Oyster’s Hoveton base, to be opened in September.

LR will approve the design, materials and build quality of all hulls and decks on Oyster yachts, and a surveyor will inspect all yachts in production once a week.

It is the first time that Oyster has brought hull mould production in-house, and will mean the company is now able to produce five hulls at any one time.

Oyster Yachts collapsed with the loss of 180 jobs in February, before it was bought out of liquidation by gaming entrepreneur Richard Hadida. Despite having an £80m order book, costs related to the sinking of one of the firm’s yachts in Spain in 2015, and subsequent legal wrangles, were understood to have played a part.

Joanna Pohorski of Lloyd’s Register said: “We are delighted to be working with Oyster and supporting them in this journey, bringing an increased assurance for safety and quality to their vessels.”

Richard Hadida, Oyster chief executive, said: “It is incredibly exciting to be working with such an esteemed, globally recognised partner in LR, another great British brand. This third-party accreditation will assure all Oyster customers that their yachts are crafted in accordance with relevant international standards, particularly with regards to safety.

“By bringing total control of our hull construction in-house for the first time, we not only continue to provide more jobs in the Norfolk area but also scale-up production capacity. This is key to our growth plans as orders continue to increase. There are precious few smaller vessels with this level of certification, and this is yet another way in which Oyster’s yachts set themselves apart.”

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