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Construction begins on €8 million facility expansion at STP Shipyard Palma (2 November 2024)

STP Shipyard Palma has announced that construction has begun on an €8 million investment project into the expansion of its technical areas. The expansion project aims to enhance the company’s service capacity, to meet rising demand from the superyacht industry.
The €8 million investment will see the facility’s total area grow from 130,000 square-metres to 162,000 square-metres, including an expanded hard standing of 102,000 square-metres and 60,000 square-metres of water berths.

https://www.superyachttimes.com/yacht-news/stp-shipyard-palma-8-million-facility-expansion