Feadship News II

Is she already in outfitting? Is this a speculation build and what’s her price?

It’s too much from what I’ve seen.

There taking quite the gamble. One will be delivered 2025 and Thalassa 2026.

I don’t know if they are all on spec builds. I believe they at least had some sort of deposit start and then the buyers backed out.

These are all LVMH builds as well and they are well capitalized. They also have a higher price than the De Vries from what I’ve been told.

Interesting, how does Feadship distribute the projects between the two yards and how is van Lent in a position to charge a higher price? Can’t be quality I’d imagine

They are two separate entities. While I don’t know the legal logistics, I’m assuming they have some non compete agreement between the two and I know they will refer to each other depending on the build slot.

Van Lent is part of a publicly traded company so maximizing shareholder wealth is a bit more prevalent there vs the family owned De Vries. Most of the differentiation comes down to timing of build slots.