Palumbo Group has recently acquired its first facility outside the Mediterranean with the purchase of a site in Santa Cruz de Tenerife.
Operated by Palumbo Shipyard Tenerife SL, the Santa Cruz facility comprises two sites within the port – both in the Los Llanos Commercial dock. There is over 400m (1,313ft) of berthing on the Muelle Sur with a 12m (39ft) depth alongside, and a smaller area opposite on the dockside berthing.
As there are no dry docks within Santa Cruz de Tenerife port, any work that Palumbo does on yachts will have to be alongside afloat work. Within its facilities Palumbo Tenerife does have access to cranes up to 700 tonnes lifting capacity, but it is not known if these are able to be used for handling yachts.
Santa Cruz de Tenerife has an average of around 60 superyacht visits a year and there are a number of marinas within the port. The Santa Cruz marina offers 152 pontoon berths for yachts up to 40m (131ft) and quay berths for superyachts up to 72m (236ft).
This acquisition is one of two actions that the Palumbo Group is potentially making to expand its operations.