First boat to be produced after lifeline given to Northamptonshire-based boatbuilder

The boat, a Targa 48 GT, which was bought through Fairline Yachts’ London-based dealership, Bates Wharf, is ready for its new owner to enjoy this coming boating season.

The news comes after Fairline Boats, with sites in Oundle and Corby, went into administration.

Fairline Yachts’ managing director, Russell Currie, said: “We are delighted to announce that this Thursday sees the first boat to roll off our production line since our purchase of Fairline Boats from administration at the end of January.

“This is a significant occasion and one we want to celebrate.

“We are delivering on our promise to complete all orders for boats received by the previous owners, a sign of our commitment to our loyal customer base and dealer network.

“We are building a great future for Fairline Yachts and are 100 per cent focused on creating the highest quality luxury motor yachts that boaters want to own and our dealerships around the world want to sell.”

The Targa 48 GT is a sports cruiser with an electric hardtop.

The hull is specifically designed to complement the Volvo Penta IPS engines, which the firm says results in precision handling.

The boat has a spacious and sociable upper deck offering plenty of seating and a helm station with twin seats.

The cockpit features a J-shaped seating area with a table, and offers the option of a sunbed conversion.

The lower deck has three cabins as standard and there is an optional lower saloon/dinette in lieu of the third cabin layout.

At the end of January, the Northants Telegraph reported that the Fairline site in Oundle was back in business after the company went into administration but the Corby factory is set to close.