Palumbo started in the 1967 as a fairly small carpentry and metalwork yard to support the local ship repair industry. Actually the company is a group with four different division and five different sites (and a branch office in Monaco) now became a major maritime maintenance and refitting center with an ever expanding infrastructure with the Med.
The group built its reputation enrolling 50 years of professional expertise with a clear mission: to support customers with a range of time-sensitive services including sales, after-sales assistance, with a network of facilities – Palumbo Superyachts - in the heart of Mediterranean Sea (Napoli, Messina, Malta, Marseille). Actually PSY may boast of an impressive portfolio of clients and most relevant international players of the yachting industry. In addition to those two divisions, Palumbo Group has an off-shore drilling vessels production and also operates in cranes rental.