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Poerio in Civitavecchia to present Tankoa's plans for the former Privilege shipyard (VIDEO)

In the first phase, the area would be dedicated to the construction of superyacht hulls and pre-fitting activities, but the president of the local port authority still needs to be convinced.

di SUPER YACHT 24 Editorial Staff
3 May 2023
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Privilege yard – Civitavecchia

The Tankoa Yachts shipyard has come out into the open, presenting at a public meeting in Civitavecchia its plans (or claims) to acquire and relaunch the former Privilege shipyard. The local Port Authority has initiated the revocation of the concession following a long period of inactivity.

In the presence of numerous representatives of politics, stakeholders, and local institutions (though the Port Authority itself was absent), CEO Vincenzo Poerio explained that there are no technical impediments to taking over the area and starting shipbuilding activity, but what is essential is "a willingness on the part of the institutions to create the conditions" to relaunch this business. This includes the definition of "docks and areas close to the sea to accommodate operational activities," topics that "have already been discussed with the Port Authority."

More specifically, Poerio explained that, using the existing expertise in Civitavecchia—metalwork, mechanics, electronics, insulation, and painting—we want to begin with hull and superstructure construction and all pre-fitting activities for Tankoa-branded superyachts. Then, "over time and with appropriate training programs," the plan would be to "create or collaborate with companies that train specialized personnel to undertake slightly more extensive activities, such as nautical outfitting and furnishing, which require the necessary quality standards to be marketed." The area in question extends over 100.000 square meters.  

Not even the presence of the abandoned hull of a yacht under construction in the area would represent an insurmountable obstacle because, according to Poerio, there would be the possibility of reaching an agreement through dialogue with the owner company, which "doesn't appear to be resisting reaching one."

To date, the biggest obstacle to overcome appears to be the desire of the Civitavecchia Port Authority, through its president Pino Musolino, to repurpose the area. According to local press sources, Musolino himself has just issued an urgent measure to allocate part of the area for six months to a freight warehouse, specifically for automotive traffic.

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