In 1987, GB became a public listed company and its shares were traded on the SESDAQ board of the Stock Exchange of Singapore. In 1993, the company was upgraded to the main board of the Stock Exchange of Singapore. In 2004, the listed name was changed to Grand Banks Yachts Limited.
Originally located in Jurong for 31 years, Grand Banks relocated its operations to its new factory in Loyang in 1999. Today, the company has a factory located in Loyang Crescent and a factory located in the state of Johor, Malaysia. Supported by a total work force of about 1300 employees in Singapore and Malaysia, Grand Banks has an average production capacity of around 100+ yachts per year.
All Grand Banks trawler yachts are built on hard-chine, deep-draft, semi-displacement hulls with full-length keels, none of which are any good at all for blistering speed. Among them are most known the Grand Banks 42 of 1966 and its sister models, the Grand Banks 32 and the Grand Banks 36 of 1965. These Grand Banks trawler yachts were born in Hong Kong at American Marine Limited.
Grand Banks Eastbay fast cruisers Series has a 30+ knot top speed;the breathtaking performance and handling characteristics of its modified deep-V hull, designed by C. Raymond Hunt Associates; or the pulse-quickening luxury of the Eastbay Series' pristine teak interiors.
Various model options include: hard top (HX), enclosed salon (SX), and salon with flybridge (FB). As with all Grand Banks yachts, the quality and care with which the Eastbay Series is built is evident both inside and out. Composite hull construction and a range of layout and equipment options are featured on every model. There are countless attributes of a Grand Banks that contribute to its reputation as one of the most reliable, high-quality yachts designed and built for cruising. We have outlined just a few of them here. Some of these features are common across all Grand Banks trawler yachts. Others are specific to the series or model you are viewing here. This is are following features: solid fiberglass hull bottom, TDS deck seaming and epoxy, Delta-TÂ® air demisters, closed cell foam structures, clear gel-coat below waterline, three layer epoxy barrier, coat awl-grip painted exterior metals, all wiring numbered and colored.
One thing that hasn't changed over the years is Grand Banks trawler yachts' quality. First-rate workmanship and materials - from the rich teak interior joinery to the flawless gel coat - are Grand Banks hallmarks. And any knowledgeable buyer will appreciate the thoughtful engineering that goes into a Grand Banks, including a well-ordered engine room with easily accessible components.
Expect to pay considerably less than $100,000 for a 1960s-vintage GB 42 woody - and as much as $450,000 for a nearly new, well-equipped 1994 GB 42.