CL Yachts

What CL Yachts does

CL Yachts is a privately held luxury motor yacht brand established in 2018 and operated under the Hong Kong-headquartered parent Cheoy Lee Shipyards, a fourth-generation family-owned shipbuilder founded by the Lo family in Shanghai in 1870 and relocated to Hong Kong in 1936. The company designs, manufactures, and sells luxury motor yachts across four product series — X Series (CLX99, CLX96 crossover yachts), C Series (CLC115 hybrid powercat), B Series (CLB88, CLB80, CLB72, CLB65 Flybridge/SUV flybridge yachts), and A Series (CLA76 sport yacht) — targeting high-net-worth individuals, owner-operators, and charter operators in the Americas and Asia-Pacific markets.

Manufacturing relies on a 12-hectare ISO 9001/ISO 45001-certified shipyard facility in Zhuhai, China, with capabilities spanning advanced composite construction including carbon fiber lamination, resin-infusion techniques for single-pass hull builds up to 35m, hybrid propulsion systems with solar panel integration, and onboard Smart Home and CZone control modules. The same production base supports commercial work, including 450-passenger all-carbon catamaran ferries delivered to the Hong Kong government and pilot boats for the Hong Kong Pilots Association.

Revenue is generated primarily through direct one-time yacht sales (quote-based, non-public pricing), supplemented by yacht charter operations for the CLC115 platform and after-sales service through a dedicated Sales & Service division. Go-to-market relies on direct field sales offices in Fort Lauderdale and Hong Kong, supplemented by participation in major international boat shows (Fort Lauderdale, Palm Beach, Sydney, Hong Kong) and VIP tour events. The company has no public listing, no disclosed venture or private equity funding, and is wholly owned and overseen by the Lo family.

Name

CL Yachts

Legal name

Cheoy Lee Shipyards (CL Yachts)

Website

https://clyachts.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CL Yachts is a Hong Kong-headquartered luxury motor yacht brand under Cheoy Lee Shipyards, designing and manufacturing crossover, flybridge, sport, and hybrid catamaran yachts for high-net-worth owners and charter operators globally.

Ownership category

akta.pro rank

Product category

Luxury Motor Yacht Manufacturing

NAICS

Ship and Boat Building (3366), Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Luxury Motor Yacht Manufacturing (IMAJAMAD)

akta.pro secondary industries

Semi-Custom Luxury Yacht Manufacturing (IMAJAMAA), Explorer Yacht Manufacturing (IMAJAMAE), Full-Custom Superyacht & Megayacht Manufacturing (IMAJAMAB)

Keywords

• Luxury motor yachts
• Flybridge yacht building
• Hybrid catamaran manufacturing
• Composite yacht construction
• Superyacht shipbuilding

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. New Yacht Sales: Primary revenue stream from sale of new luxury motor yachts across multiple series (X, C, B, A). Each series targets different market segments from sporty express yachts to superyachts and sustainable catamarans.
2. Yacht Charter Services: The CLC115 catamaran specifically targets both private owners and the charter market, indicating revenue generation from yacht charter operations.
3. After-Sales Service and Maintenance: The company operates a Sales & Service division providing ongoing support, maintenance, and service for existing yacht owners.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

CL Yachts designs, manufactures, and sells luxury motor yachts across four product series (X, C, B, and A). Yachts range from 19m flybridge models to a 30m flagship superyacht, with the CLC115 extending into hybrid catamaran yachts. The company also provides after-sales service and maintenance for existing yacht owners through a dedicated Sales & Service division.

Product overview

CL Yachts offers a portfolio of luxury motor yachts across four distinct series: X Series (flagship crossover yachts CLX99 and CLX96 combining workboat practicality with modern comfort), C Series (sustainable hybrid catamaran CLC115 featuring eco-friendly technology and hybrid propulsion), B Series (four flybridge models: CLB88, CLB80, CLB72, and CLB65 including Flybridge and SUV variants designed for easy operation), and A Series (sporty CLA76 for performance and fun). All yachts are built by parent company Cheoy Lee Shipyards with shipyards in Hong Kong and Zhuhai, China.

Differentiator

Problem solved

Functional benefit

Brands

• X Series: Flagship crossover series including CLX96 and CLX99 models, featuring smart and sturdy design with innovative essence for adventure.
• C Series
• B Series
• A Series

Products and services

• CLX99 Flagship superyacht in the X Series crossover lineup, accommodating up to 12 guests and 5 crew with optional main deck master suite. Length 100'5" (30.62m), powered by Twin MAN V12-2000 engines at 1,900 bhp each.
• CLX96 Award-winning crossover yacht designed by Jozeph Forakis with spacious living areas, the 'Piazza del Sole' forward deck, and hydraulic swim platform. Length 96'9" (29.50m), powered by Twin CAT C32 ACERT engines at 1,900 BHP each.
• CLC115 First 35m tri-deck hybrid powercat in the C-Series with sustainable innovation, featuring hybrid propulsion systems, solar panel integration, and Smart Home module. Targets both private owners and the charter market. Length 118'5" (36.1m), powered by Twin MAN V8 diesel engines at 1,300hp with IMO Tier III compliance.
• CLB88 B Series flagship flybridge yacht designed by Jozeph Forakis in Milan, balancing performance and comfort with expansive windows, premium materials, and multiple outdoor relaxation areas. Length 88'11" (27.10m), powered by Twin CAT C32 ACERT engines at 1,600 BHP each.
• CLB80 Flybridge yacht designed by Jozeph Forakis with intelligent design blending fashion and practicality, innovative outdoor spaces, and warm interiors with versatile furniture options. Includes virtual tour capability. Length 81'9" (24.90m), powered by Twin CAT C32 engines at 1,600 bhp.
• CLB72 Flybridge yacht featuring elegant styling, refined interiors, and exceptional craftsmanship with four spacious staterooms including a full-beam master suite with walk-in wardrobe. Seamless main deck connecting aft cockpit, dining area, galley, and helm station. Length 76'11" (23.44m), powered by Twin Volvo IPS1050 at 800 HP.
• CLB65 Flybridge Flybridge yacht designed for owner-operators and newcomers featuring stylish interiors, easy operation, and comprehensive features. Open main deck with panoramic windows, versatile flybridge, and bow areas. Length 64'6" (19.70m), powered by Twin Volvo D13 IPS1050 at 800 HP.
• CLB65 SUV Coupe motoryacht variant of the CLB65 without flybridge, designed for owner-operator helming with open-plan main deck combining aft cockpit, aft galley, and main saloon. Interior by Supertomato Studio with Walnut or White Oak finishes. Powered by CAT C18 or Volvo Penta D13 engines, targeting 30 knots.
• CLA76 Sporty A Series yacht combining top shipbuilding technology with fashion and dynamism, featuring open spaces, large glass windows, and multiple outdoor social areas including a multi-functional sky deck entertainment area. Length 77'7" (23.65m), powered by Twin CAT C18 at 1,136 HP.
• Sales & Service Division After-sales support, maintenance, and service operations for existing CL Yachts owners, providing ongoing technical and customer care across the global fleet.

Quantifiable outcome

• 30-knot top speed for CLB65 SUV with CAT C18 or Volvo Penta D13 engines
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, strategic, historical and customer.

• Hong Kong Polytechnic University (PolyU)coreStrategic or Co-development Partner · 1 January 2024Signed Memorandum of Understanding with Hong Kong PolyU to jointly promote research and innovation in artificial intelligence robotics, alternative-powered vessels, and green materials. Collaboration aims to increase efficiency, enhance precision and safety in shipbuilding operations through AI-driven robotic systems. Research also explores alternative energy solutions for vessels and eco-friendly maritime practices.
• Incat CrowthercoreStrategic or Co-development PartnerSydney-based naval architecture firm designed the fleet of catamaran ferries (four 40m and two 35m all-carbon passenger catamarans, two hybrid 40m catamarans). Collaboration extended to CL Yachts' CLC115 hybrid catamaran yacht development. Firm specializes in efficient catamaran hull forms.
• Supertomato StudiocoreStrategic or Co-development PartnerShenzhen-based award-winning design firm engaged for interior design of CLB65 SUV and CLC115 catamaran. Firm has extensive experience in custom projects including hotels, residences and a 98ft yacht for private client. Collaboration emphasizes versatile living spaces with sophisticated interiors for both private owners and charter market.
• Boksa Marine DesignstrategicStrategic or Co-development PartnerFlorida-based design firm founded by Nick Boksa, collaborating with Cheoy Lee Shipyards on new line of long-range, steel-hulled superyachts including Discovery 115, Discovery 120 and Discovery 127 explorer models.
• Jozeph ForakiscoreStrategic or Co-development PartnerMilan-based international designer collaborated on CLB88 (award-winning), CLB80, CLX96 (award-winning crossover yacht), and CLX99 superyacht. Designer brings contemporary Italian styling to the yacht lineup.
• Cheoy Lee ShipyardscoreStrategic or Co-development PartnerParent company of CL Yachts brand. Family-owned shipyard founded in 1870 in Shanghai, relocated to Hong Kong in 1930s. Fourth-generation family business with 140+ years of shipbuilding heritage. Established ISO9001 (2005) and ISO 45001 (2019) certifications.
• Lloyd's RegisterhistoricalStrategic or Co-development PartnerCollaborated with Lloyd's Register in the 1960s to develop fiberglass shipbuilding construction rules, standards still in use today. Pioneered fiberglass yacht construction with Shango II - world's largest molded fiberglass yacht (130ft/40m).
• Hong Kong Pilots AssociationcustomerOthersDelivered 17-meter self-righting pilot boat to Hong Kong Pilots Association in 2021.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Others

• Incat Crowther: Sydney-based naval architecture firm specializing in efficient catamaran hull forms. Although a strategic partner on the CLC115 and Hong Kong catamaran ferries, it is thematically comparable as a technology/design partner in the composite catamaran engineering space.

Direct peers

• Princess Yachts: British luxury motor yacht builder with flybridge, sport, and expedition yachts across overlapping size bands. Comparable product positioning, HNW customer base, and use of international boat shows for sales and brand exposure.
• Ferretti Group: Italian luxury motor yacht manufacturer listed on Hong Kong Stock Exchange, producing motor yachts in overlapping size ranges (Riva, Pershing, Ferretti, Custom Line, Itama brands). Directly comparable product portfolio, target customer base, and direct sales model focused on HNW buyers and charter operators.
• Azimut-Benetti Group: One of the world's largest privately-held luxury yacht builders producing motor yachts across multiple size segments (Azimut and Benetti brands). Comparable in product breadth, HNW customer focus, and direct sales through boat shows and global dealer network.
• Feadship: Dutch luxury superyacht builder specializing in fully custom motor yachts, comparable to CL Yachts' superyacht and explorer offerings in build approach, HNW customer focus, and emphasis on design pedigree and craftsmanship.
• Sunseeker International: British luxury motor yacht manufacturer producing performance and flybridge yachts in comparable 50ft–130ft+ size bands. Directly comparable target customer (HNW and charter), product positioning, and reliance on international boat show distribution.
• Sanlorenzo: Italian luxury yacht builder producing semi-custom motor yachts and superyachts with strong design partnerships and HNW focus. Comparable in semi-custom build philosophy, designer collaborations, and focus on the upper end of the luxury motor yacht segment.
• Benetti: Italian luxury superyacht builder (part of Azimut-Benetti Group) producing custom and semi-custom motor yachts in the 30m+ segment where CL Yachts' CLX99 and CLC115 compete. Comparable in superyacht customization approach and HNW buyer engagement model.
• Heesen Yachts: Dutch luxury motor yacht builder producing semi-custom superyachts in the 30m–70m+ range. Comparable in semi-custom build philosophy, focus on performance motor yachts, and HNW customer engagement through international boat shows.

Broad incumbents

• Lürssen: German luxury superyacht builder producing fully custom motor yachts at the top end of the market. Comparable in custom-build heritage and family ownership (privately held), but operates at significantly larger scale and longer build cycle than CL Yachts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/CLYachtsUSA
• YouTubeyoutube.com/@clyachtsofficial
• Facebookfacebook.com/CLYachts
• LinkedInlinkedin.com/company/clyachts
• Instagraminstagram.com/clyachts

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CL Yachts