Looking back 25 years to the mid-1990s, there was little concept and certainly no enforcement of environmental protection around refitting superyachts; fundamentally, people could and would
discharge almost anything into the sea and atmosphere, from chemicals and dust to liquid and solid waste. This is something we can’t imagine today. Paint coatings were a significant part of this; when commercial ships were painted and antifouled in uncovered dry docks, huge plumes of overspray could be seen drifting up into the atmosphere. The same went for private yachts – how many
neighbouring yachts would complain about being covered in overspray? Again, something you cannot imagine today. Even in the early 2000s you would see a lot of yachts being painted in-water
with sprayers working off pontoons with no covering, causing all manner of environmental problems.
GYG plc (LON:GYG) was formed from the joint venture of two global superyacht painting, service and supply companies, Pinmar and Rolling Stock. GYG operates six market leading brands; Pinmar, Pinmar USA, Pinmar Supply, Rolling Stock, ACA Marine and Techno Craft.