West Bay SonShip Yacht Builders continues on and plans for the future
Tuesday, 1 May 2007
The Vermeulen family for over 40 years grew West Bay SonShip Yachts, Ltd. into one of the world’s top yacht brands. However market conditions and economic factors lead West Bay SonShip Yachts, Ltd. into temporary protection from creditors in 2006. A Plan of Reorganization has since been approved by stakeholders and West Bay SonShip continues to build boats. Founder and Chairman Ben Vermeulen in an August, 2006 address to SonShip owners expressed regret, “Our family would like to take a moment to apologize to SonShip owners, employees and suppliers personally for any hardship you have experienced in recent months resulting from our reorganization.” West Bay President Wes Vermeulen acknowledged, “In addition to our many successes we have been faced with many challenges during our 40-year history, the current reorganization being one of the most difficult. Despite the difficulties, we continue to be proud of our heritage, of our yachts, of the craftspeople who build them, and of the distinguished customers who own them. We will persevere.” Despite industry rumours of West Bay’s demise, on July 1, 2006 West Bay SonShip Yachts was fully functioning outside the umbrella of court protection and with the patience and understanding of several of the new build owners, West Bay completed the five yachts at the yard in 2006. The Vermeulens and everyone at West Bay SonShip take pride in the quality and attention to detail put into each and every yacht they build. As recently as October, 2006, Vagabond, a West Bay Custom 88’ Pilothouse and one of the five yachts completed during the restructuring period, was featured as a Dream Boat in Sea Magazine. West Bay has never failed to deliver a single new SonShip in it’s 40-year history. The road ahead West Bay Marine Services Partially completed 110-foot hull for sale with equipment and moulds
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