GY Shipyard announced the launch of its yard at Perama on 31 July 2025, built for the repair and refit of megayachts. It stands at 136-140 Dimokratias Avenue, Perama, Piraeus, on the ship-repair strip west of the city, and the site runs to 15,000 square metres.
The yard is a Golden Yachts undertaking, and it moves the refit side of that company’s work onto ground of its own.
The yard’s own case for the address is the eastern Mediterranean around it: a short run to the cruising grounds a season is spent in, and quick access for an owner, a captain or a crew arriving to see the work.
What the yard can take
The travel lift sets the ceiling on what comes out of the water: 1,200 tonnes, yachts to 70 metres. Beyond that length a hull stays wet. Yachts to 140 metres, with fresh water and shore power, can lie alongside for the whole of a job, and the yard is set up for afloat repairs, so maintenance and upgrades need not wait for a dock.
Scaffolding with climate-control covers encloses a hull for the length of its stay, holding working conditions steady for painting and surface finishing. Container and storage zones take parts, equipment and an owner’s own materials. A new bioclimatic building on the site carries integrated renewables.
The work the yard takes on runs from repair and refit through maintenance and conversion, interior and exterior design, engineering, painting and surface finishing, project management, after-sales support and the safety and green passport side of waste management.
Golden Yachts
Golden Yachts, founded 1996, began by consulting on and supervising the construction of the 42-metre O’Pari, and brought building in-house in 2007 with the first of the GY 50 series. New yard facilities followed in 2010, the 39.5-metre O’Pati in 2011, then the 71.85-metre O’Pari3 in 2015, the 85-metre O’Ptasia in 2018, the 95-metre O’Pari in 2020 and the 88-metre Project X in 2022. Its first batch of refits took in the 56-metre O’Mathilde, the 46-metre My Eden, the 51-metre Jaz and the 56-metre O’Natalina.
Golden Yachts’ own building facility at Perama was constructed for yachts between 40 and 140 metres, and the refit yard matches that upper figure alongside.
The separation is on paper as well as on the ground. The operating company is registered as GY Shipyard Superyacht Refit Monoprosopi S.A., the Greek word marking a company owned by one shareholder. Incorporated 26 February 2024, it carries share capital of 12.7 million euros, in 127,000 registered shares of 100 euros. Its registered activity is the building of non-military ships and floating structures, and its seat is the Perama address.
Perama
Perama, west of Piraeus, is Greece’s historic maritime centre and the country’s main concentration of ship-repair work. Every major marine supply network sits within reach of the quay, and that is what a long job draws on: a hull under cover for weeks needs steel, paint, joinery and engineering delivered to the gate. Golden Yachts has built and refitted here since 1996, so the refit yard opens onto a workforce and a supply chain the parent company has used for close to 30 years.
Who is this for
An owner or captain with a refit to place in the eastern Mediterranean, and in particular one whose yacht is long enough that the work happens afloat. Perama is a working repair zone rather than a marina: cranes, hardstanding and hulls under scaffolding, west of the Piraeus quays. Offices on the yard are set aside for a client’s senior officers, so a captain who wants to be on site for the length of a job has somewhere to work.
