Palm Beach Motor Yachts to release one of the fastest and most fuel efficient yachts in the world – the GT60 – at Miami Yacht Show 2020.
Grand Banks and Palm Beach Motor Yachts CEO, Mark Richards’ vision is being realized. In 2019, Palm Beach launched the GT series, aimed at a new type of buyer who appreciates a more contemporary design, accompanied with high speed, and fuel efficiency that provides a lower carbon footprint.
The vision – “to build the fastest and most fuel efficient luxury motor yachts in the world” - Mark Richards, CEO
The latest model to be released hot on the heels of the GT50, is the new GT60, which will be center stage at the Miami Yacht Show, in February 2020. The GT range is quickly establishing itself as a new product family under the Palm Beach brand, with a third model, the GT70 planned in the not too distant future.
The GT60 cruises at a true 40 knots, at half load, and has much more in reserve for top speed. The first hull is still undergoing final testing so top speed is yet to be confirmed, though indications are showing the mid-forties.
EFFICIENCY AND SPEED
Palm Beach has created a rare combination of both speed and efficiency in the GT60.
“The cruise speed, top speed, and fuel burn figures are thanks to the unique Palm Beach hull design and hi-tech carbon fibre construction techniques. Coupled with twin Volvo IPS 1350 engines, this combines to create the magic of the GT60” referred Mark Richards.
The GT60 is constructed with a high-tech vacuum-infused carbon fiber deck and structure that delivers twice the strength of E-glass but at half the weight. A closed-cell foam core constitutes the main structure of the bulkheads, a high-tech method that further reduces weight while enhancing durability of the yacht. Palm Beach uses vinylester modified-epoxy resin for all its infusion, which is another tell-tale of the brand’s commitment to quality and durability in construction.
Thanks to the amazing new GT60, Palm Beach now has a 60 foot power boat with a 400nm range at a cruising speed of 40 knots. “To achieve speeds of this nature with so little horsepower is truly remarkable. To be able to cruise long distance at these speeds, using minimum fuel, opens up a whole new set of destinations for the adventurous boater. It’s truly an amazing boat” said Mark Richards.
The GT50 and GT60 are designed to appeal to a global market, and are built with the painstaking attention to detail, and to the incredibly high quality standards that people have come to expect and trust in the Palm Beach brand.“The GT60 is the most recent example of our design and manufacturing team’s enormous dedication and effort, and I would like to personally thank everyone involved for this amazing result.” added Richards.
The full unveiling of the revolutionary GT60 is set to take place at the Miami Yacht Show in February 2020, with a press review for the unveiling of the new first photos at Boot Dusseldorf the month before.
About Palm Beach Motor Yachts
In 1995, Mark Richards launched a boatbuilding business in Palm Beach, New South Wales, Australia. He started with a single philosophy that he continues to employ today: Provide the customer with a product that’s as close to perfection as humanly possible. Mark’s team graduated from building high-tech sailing yachts to power yachts. Today the company builds a 42, 45, 50, 52, 55, 65, and the 70 Classic Series and the GT50 and 60. In 2014, Palm Beach Motor Yachts was purchased by Grand Banks Yachts, Ltd. and Mark was appointed CEO for both entities. Grand Banks Yachts Limited has factory-based sales offices in North America, Europe and Asia-Pacific to manage new boat and brokerage transactions.
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