Superyacht repair firm prepares for expansion

SAN DIEGO – The Marine Group of San Diego, a superyacht repair business, has named Fred Larsson director of superyacht operations and Bill Waite director of business development as it prepares to unveil a new facility, complete with a 660-ton travel lift, in December, the company reported in a recent statement.

When the $6 million renovation project is complete, The Marine Group will be home to the largest travel lift in the United States, it said.

“We are assembling quite the ‘dream team’ in San Diego,” said Marine Group Vice President Todd Roberts.

The market for superyachts is breaking statistical records worldwide, with demand growing by an unprecedented 80 percent in the last six years, but the repair capacity for these boats is inadequate, the company commented.

Capt. Larsson brings more than 20 years of yachting industry experience with him to The Marine Group. He has spent the last five years as captain and project manager of the superyacht Attessa, which earned the best retrofit of the year award at the 2006 Monaco Rendezvous.

“With Captain Larsson’s experience overseeing an unbelievable project like Attessa, any yacht owner in the world today should feel comfortable undergoing any service repair at The Marine Group,” said Roberts. “By overseeing these same operations for The Marine Group, he is in a position to offer his personal assurances for exemplary service. He truly understands how to meet the needs and expectations of the owners and crews of the world’s most valuable boats.”

Waite will head up business development efforts for The Marine Group. The San Diego-native has actively raced sailboats of all sizes for the last 30 years, and was director of hospitality for the Stars & Stripes when his team successfully brought home the America’s Cup in 1986, according to the company.

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