Sunday, December 8th, 2019

Princess Celebrates Golden Jubilee at Cannes

Published on September 16, 2015 by   ·   No Comments


Princess S65

September is a whirlwind of activity for Princess Yachts who begin their 50th anniversary celebrations at the Cannes Yachting Festival and continue to pop the champers at the Southampton Boat Show.

At Cannes the Plymouth-based yacht builder is presenting “journey through half a century” showcasing Charlotte, a perfectly restored Project 31, which was the first boat to be launched by Princess half a century ago.  The more modern end of the half a century, which shows just how far they have come, is the launch of their highly anticipated 35M superyacht.


Relaunched Project 31 – Charlotte

Ahead of the public launch at Cannes, Project 31 was unveiled at a 50th birthday bash for Princess employees at their Plymouth shipyard.  Having been known as Project31@50 throughout her reform, she was officially named Charlotte by the company’s co-founder David King.  The name was the winner of an online competition as she has been reformed in the year of the birth of Princess Charlotte – fittingly it is also the name of her last owner.

In a fantastic gesture of solidarity Charlotte features a vinyl hull wrap made for the occasion by Wild Group International which features a montage of photographs of the individuals and craftsmen that have worked on Princess Yachts over the last half a century.

Princess was founded in 1965 as Marine Projects in Plymouth, England.  David King and two friends started the business with a Senior 31 hull and deck moulding to fit out in their rented shed at Newport Street, Plymouth.  King remains part of the Princess group, having only relinquished his title of chairman last year, but he is still a director.


Original Project 31

French businessman Bernard Arnault’s investment group, L Capital 2 FCPR, which is a division of LVMH, now own a controlling share of the company.  LVMH (Louis Vuitton Moët Hennessey) essentially owns everything you can think of associated with luxury including Christian Dior, Fendi, De Beers, Veuve Clicquot, and Krug.  In addition to more than 60 luxury brands they also own the superyacht builder Feadship.

There is a great line up of Princess boats at Cannes with three other models debuting alongside the 35M, the Princess 52, Princess 56 and Princess 68.  And, in addition, the 82 Motor Yacht, V39, V48 Open and the S72 are also going to be on show.

If you don’t fancy journeying to France to peruse the Princesses then you can saunter down to Southampton where there will be a stunning line-up with 12 yachts on show ranging in size from 39 to 88 ft.  This includes two brand new models – the S65 and V58 Open.  Alongside these two new show-stopping Princesses will be the 72, 82 and 88 Motor Yachts and the Princess 43, 52, 56, 60 and 68 from the Flybridge range.  A couple of sleek sports yachts, V39 and V48 complete the display.


Princess 35M

So happy birthday Princess Yachts from MarinaLive! – here’s to another 50 years of great British boatbuilding.

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