Where are Grand Banks Yachts built?

Grand Banks Yachts are built in Pasir Gudang, Johor, Malaysia, where the company has had its production yard since 1995. The corporate parent, Grand Banks Yachts Limited, is headquartered in Singapore and is a publicly-traded company that also produces Eastbay and Palm Beach branded yachts at the same Malaysian facility.

Who owns Grand Banks Yachts?

Grand Banks Yachts is owned by Grand Banks Yachts Limited, a Singapore-listed public company. Mark Richards — who founded Palm Beach Motor Yachts before selling it to Grand Banks in 2014 — serves as CEO and Chief Designer, and continues to lead the company's design direction across the Grand Banks, Eastbay, and Palm Beach brands.

What happened to Grand Banks Yachts?

Grand Banks moved its production from Hong Kong to Singapore and then to its current Pasir Gudang, Johor, Malaysia yard in 1995. After several years of difficult market conditions in the late 2000s and early 2010s, the company was transformed in 2014 when it acquired Palm Beach Motor Yachts and Mark Richards became CEO. Under Richards, Grand Banks expanded the Malaysian facility, refreshed its model lineup, and returned to growth.

How good are Grand Banks Yachts?

Grand Banks is one of the longest-running production trawler-yacht builders in the world, with a reputation built on durable, long-range cruising hulls in the Classic Trawler and Aleutian lines and modern semi-displacement performance under current CEO Mark Richards. On the used market, build quality on any specific Grand Banks depends on era, model, maintenance, and refit history, so a current survey and engine inspection remain the right basis for evaluating any individual hull.

Used Grand Banks Yachts for Sale

All Yachts for Sale

59 ft

TINTAGEL

2008 Grand Banks 59 Aleutian RP "TINTAGEL"

Price $1,795,000

Long Beach, CA

59 ft

FeuryUs

2007 Grand Banks "FeuryUs"

Price $1,599,000

Old Saybrook, CT

53 ft

TOORA LOORA

2012 Grand Banks Aleutian 53RP "TOORA LOORA"

Price $1,575,000

Boston, MA

72 ft

El Legado

2005 Grand Banks 72 Aleutian RP "El Legado"

Price $1,525,000

Fort Lauderdale, FL

64 ft

Elleon

2003 Grand Banks 64 Aleutian RP "Elleon"

Price $1,395,000

Freeport, ME

2007 Grand Banks 59 Aleutian Raised Pilothouse

59 ft

GRAND FINALE

2007 Grand Banks 59 Aleutian Raised Pilothouse "GRAND FINALE"

Price $1,349,000

Anacortes, WA

47 ft

Draagen

2006 Grand Banks Europa 46 "Draagen"

Price $775,000

Jacksonville, FL

2005 Grand Banks 49 Eastbay SX w/Side Door

49 ft

AMYLEASA

2005 Grand Banks 49 Eastbay SX w/Side Door "AMYLEASA"

Price $655,000

Hampton, VA

49 ft

2006 Grand Banks

Price $650,000

Wickford, RI

49 ft

I Freedom I

2005 Grand Banks Eastbay 49 Eastbay SX "I Freedom I"

Price $645,000

Virginia Beach, VA

49 ft

Cinsubar II

1997 Grand Banks 49 Classic "Cinsubar II"

Price $459,000

Fort Myers, FL

49 ft

Contessa

2001 Grand Banks "Contessa"

Price $440,000

Warwick, RI

Current used Grand Banks listings

HMY Yacht Sales is currently showing 31 active pre-owned Grand Banks yachts. Median asking price $359K, most between $250K and $653K. Top listed regions include Florida, Connecticut, and Massachusetts.

Filter by size ranges such as 40 to 50 feet and 30 to 40 feet or price bands such as under $500k and $1m to $2m.

Model-specific searches include 38 Eastbay EX, Europa, 42 Classic, Classic. See every pre-owned Grand Banks listing.

Grand Banks Yachts was founded over 70 years ago in Hong Kong by Robert Newton and his sons John and Whit, and today operates as Grand Banks Yachts Limited (Singapore), with manufacturing in Pasir Gudang, Johor, Malaysia since 1995. Power & Motoryacht's Grand Banks 60 test frames the modern lineup around efficient long-range cruising, which is the same design priority as the iconic Classic Trawler family. The active used Grand Banks inventory on HMY Yachts currently spans 32 to 72 feet and model years 1970 to 2012, so buyers are comparing classic 36, 42, and 46 Classic Trawlers alongside larger Aleutian RP and Eastbay-era builds.

For a used Grand Banks, the major comparison points are model line (Classic Trawler, Aleutian, Eastbay, Heritage), length, year, engine make and hours, generator and air conditioning, fuel and water capacity for range, electronics suite, teak deck and joinery condition, soft goods, and refit history. Long-range cruising Grand Banks owners often equip the boats heavily, so confirm watermaker, stabilization, anchor windlass, and any extended-cruising upgrades on survey.

Grand Banks model lineup

Model	LOA	Years built	Listings
38 Eastbay EX	38 ft	1995–1998	View →
Europa	41 ft	1992–1997	View →
42 Classic	42 ft	1991–2001	View →
Classic	42 ft	1988–2002	View →

Frequently asked questions

Where are Grand Banks Yachts built?: Grand Banks Yachts are built in Pasir Gudang, Johor, Malaysia, where the company has had its production yard since 1995. The corporate parent, Grand Banks Yachts Limited, is headquartered in Singapore and is a publicly-traded company that also produces Eastbay and Palm Beach branded yachts at the same Malaysian facility.
Who owns Grand Banks Yachts?: Grand Banks Yachts is owned by Grand Banks Yachts Limited, a Singapore-listed public company. Mark Richards — who founded Palm Beach Motor Yachts before selling it to Grand Banks in 2014 — serves as CEO and Chief Designer, and continues to lead the company's design direction across the Grand Banks, Eastbay, and Palm Beach brands.
What happened to Grand Banks Yachts?: Grand Banks moved its production from Hong Kong to Singapore and then to its current Pasir Gudang, Johor, Malaysia yard in 1995. After several years of difficult market conditions in the late 2000s and early 2010s, the company was transformed in 2014 when it acquired Palm Beach Motor Yachts and Mark Richards became CEO. Under Richards, Grand Banks expanded the Malaysian facility, refreshed its model lineup, and returned to growth.
How good are Grand Banks Yachts?: Grand Banks is one of the longest-running production trawler-yacht builders in the world, with a reputation built on durable, long-range cruising hulls in the Classic Trawler and Aleutian lines and modern semi-displacement performance under current CEO Mark Richards. On the used market, build quality on any specific Grand Banks depends on era, model, maintenance, and refit history, so a current survey and engine inspection remain the right basis for evaluating any individual hull.