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Own & invest · Refit

Indonesian yards do excellent work at fair prices. They are not self-reporting.

Photographic progress reports, staged payments released against verified milestones, materials receipts checked against the scope, and one point of contact who speaks both the owner’s language and the yard’s.

A yacht hauled out at an Indonesian yard

In short

Every project starts with a survey and a written condition report, split into three lists: what must be done for safety and class, what should be done for charter earnings, and what is cosmetic. You approve it line by line before any yard is engaged.

  • That discipline is what keeps Indonesian refits from drifting — scope creep is the common failure, not workmanship.
  • Most projects we run are for owners who are not in Indonesia. Nothing outside the approved scope proceeds without your written sign-off.
  • The project closes with a refit dossier: survey, scope, invoices, photographs, warranties. Buyers pay more for boats whose history is written down.

Managed project

Four workstreams, one point of contact

Survey & scoping

A haul-out or in-water survey and a written condition report, separated into must, should and cosmetic — approved line by line.

Yard selection

Systems, electrical and interior work in Bali where parts logistics are faster; structural timber work in South Sulawesi where the boatbuilding communities and hardwood supply are.

Supervision

Photographic progress reports, staged payments against verified milestones, and materials receipts checked against the scope.

Trial & handover

Sea trial against the approved scope, a defects list with agreed remedies, and the refit dossier.

Planning ranges

What a refit costs by scope

Refit pricing varies with vessel size, timber condition and scope, so treat these as planning ranges, not quotations. Firm pricing follows the survey.

Annual haul-out

USD 10–35K20–35 m

Antifouling, anodes, hull inspection and minor caulking on a wooden phinisi. Two to four weeks.

Mid-scope refit

USD 60–250K30–45 m

Systems overhaul, safety equipment and interior refresh. Two to four months.

Major structural

USD 250–900K+30–50 m

Replanking, frames, engine replacement, full interior. Four to nine months depending on timber availability.

Our fee is agreed in writing before the project starts — a percentage of supervised works, or a fixed monthly retainer for extended yard periods. Yard and materials invoices pass through at cost with full visibility.

A shipwright working on a timber hull

Why now

Refit before you sell, or before you place into charter

The gap between a tired phinisi and a well-presented one is not cosmetic. It is the difference between a boat that sits unsold for a year and one that transacts.

Charter operators evaluating a vessel for fleet placement look first at engine hours and hull condition, because those determine how many weeks the boat can actually sell.

  • Selectively, yes. Condition items that show up in a buyer’s survey return their cost by protecting the asking price and shortening time on market.
  • Full cosmetic refits before sale often do not. Because we also run the brokerage side, we will tell you which items move the price for your specific vessel and which are money you will not see again.

Before the yard period

Questions owners ask about refit

Start with a survey, not a guess.

Vessel due a yard period, showing its age in the charter market, or being prepared for sale? The first step costs little: a condition survey and an itemised scope you can make decisions with.