Construction is underway at the Mallorca-based shipyard of Servicios Técnicos Portuarios (STP), marking the start of an €8 million initiative aimed at modernising the facility to accommodate some of the largest vessels in the fleet for refitting and maintenance.

To address the growing demand for large yacht services, STP's expansion aims to elevate productivity and streamline operations while expanding the shipyard's capabilities. “We have frequently received requests for mooring spaces for yachts exceeding 100 meters in length, and until now, we have struggled to meet that demand,” stated Joan Rosselló, general manager of STP. “With limited options for large berths in Palma, the new dedicated berths will significantly enhance our repair services and improve workflow across shipyard activities.”



This major expansion is poised to invigorate Mallorca's local economy, drawing more significant refit projects to the area. STP estimates that the expansion could generate an additional €50 to €60 million in annual revenue for the region.

On the technical side, the shipyard's total area will grow from 130,000 square meters to 162,000 square meters, incorporating 102,000 square meters of land and 60,000 square meters of water space. This enhancement utilizes previously underutilised areas at the edges of the current shipyard footprint, facilitating further development within STP’s existing concession.

The waterway expansion will introduce five new berths that can accommodate yachts of up to 110 meters, adding to the existing three superyacht berths. On dry land, STP plans to establish specialized zones for various tasks, including a new covered section specifically for mast removal, repair, and painting.

Additionally, STP is prioritising sustainability by installing photovoltaic panels on the new covered areas and the parking canopies. The anticipated solar energy output is expected to power approximately 115 apartments and reduce carbon dioxide emissions by 124 tonnes annually.

The new berths will be operational by the end of 2024, while the rest of the works are scheduled for completion in spring 2025.

Credits: STP

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