Canados’s new 120 nears completion...

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Canados’s new 120 nears completion...

Yard Updates

She hands over in late spring.


The first new Canados 120 delivers this spring. This raised-pilothouse design will have finger-windows in her hull, two main-deck balconies on either side, a beach-club stern, foredeck terrace and hardtop-shaded flying bridge. She is a relatively big-volume design that has evolved from the Canados 116. Her beam is 7.25m (24ft).
Her contemporary interior scheme is the work of Francesco Paszkowski Design.
She will be pushed along at up to 29 knots by twin 2,400hp MTUs. The max cruise speed will be 25 knots.
Delivery is scheduled for spring ’12.
Located just outside Rome, quite close to Fiumicino Airport, Canados presently offers a range of four/five models – the Canados 76, 86, 90 Open, 116 and 120. It handles all its own fit-out and joinery work, although subcontracts most of its lamination requirements. Its president is Agostino Ascani.
Canados says it is coping well with the financial crisis and has done well with Russian clients. During 2011 it delivered two Canados 86s, one of which was sold to a Russian, and the first 120 and another 86 that delivers this summer are both for Russians. Last year also saw the yard deliver the sixth Canados 116 Bertona to Barcelona for a Spanish client.
In ’07 Canados was 100 per cent acquired by Balmoral Capital, a London-based private-equity operation that around a year later also acquired UK bluewater sailing yachtbuilder Oyster Marine, although there is no real interaction between the two yachtbuilders other than at the investor level.

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© Phil Draper