Mallorca is solidifying its reputation as a superyacht refit powerhouse, with technical yards preparing for strong activity through late 2025 and into early 2026. Key players like STP Shipyard Palma and Astilleros de Mallorca are investing in capacity, sustainability, and infrastructure — reflecting a Mediterranean refit market that is entering a high-intensity, modern era.
At the heart of this transformation is STP Shipyard Palma, renowned for its open-shipyard model and capability to manage complex refits. In 2024, the yard completed an €8 million expansion, extending its footprint from 130,000 m² to 162,000 m². This expansion added five new berths capable of accommodating superyachts up to 110 metres, alongside a covered mast-repair area and reorganised workshops to streamline workflow. Beyond space, STP integrated renewable technologies including solar panels and energy-storage systems, reinforcing its commitment to sustainable operations.
STP’s model allows owners flexibility in selecting service contractors while benefiting from concentrated on-site expertise, ensuring efficiency and high standards across refit projects. This approach is attracting owners seeking technically advanced, bespoke solutions in the Balearics.
Astilleros de Mallorca
Meanwhile, Astilleros de Mallorca continues to strengthen its credentials as a reliable Mediterranean refit hub. The yard handles hundreds of refits annually, serving superyachts and luxury vessels. In 2025, it completed a major sustainability upgrade, installing a 215 kW photovoltaic system to lower energy consumption and reduce carbon emissions. Its combination of technical expertise and sustainability-conscious infrastructure has made it a preferred choice for owners looking to future-proof their vessels.
The surge in Palma refit activity reflects broader industry trends. Spain, including the Balearic Islands, accounted for 20% of all superyacht refit visits in 2024 — second only to the U.S., according to SuperYacht IQ data referenced in the Monaco Yacht Show 2025 market report. The Palma Superyacht Show has responded by launching a dedicated Refit & Repair zone, where STP, Astilleros de Mallorca, and other regional specialists showcase their capabilities, host technical seminars, and engage directly with owners and brokers.
From capacity expansion to environmental innovation and operational agility, Palma’s refit ecosystem is being recalibrated for the demands of modern superyachts. For owners planning refits in late 2025 and early 2026, Palma offers not just space and expertise, but a network of yards equipped to deliver complex, technically advanced projects with precision and efficiency.
