2 Ladies Refit Redoes the Hull and Decks, Skips the Interior

What happened to 2 Ladies, and where?

Rossinavi's 2012-built 46-metre 2 Ladies has completed a phased refit at Adria Docks in Trogir, Croatia, managed by the Croatian engineering firm Capax, and has returned to Mediterranean charter service for the 2026 season.

The work ran in two stages rather than one yard period: an initial phase in 2023-2024, followed by a more extensive second phase that continued into 2025 and only concluded this year. That kind of staged approach is common on a yacht that stays in commission between phases rather than going in for a single extended lay-up, and it let 2 Ladies keep working charter seasons in between. Capax, based in Sibenik, Croatia, project-managed both phases at Adria Docks, with Lloyds Register as class society and Ocean Independence handling yacht management throughout.

Teo Petricevic, Capax's CEO, described the project as demanding "both technical precision and genuine care for the vessel" - a framing that matters because 2 Ladies has had the same owners since her 2012 delivery. Rossinavi built her for two business partners and their families, and the yacht's defining feature, twin full-beam master suites, was drawn specifically around that ownership structure. A refit on a yacht still held by its founding owners tends to read differently than one done ahead of a sale: the brief is preservation and modernisation for continued use, not staging for a buyer. Her underlying engineering was never part of the brief either - the twin 1,300hp Caterpillar diesels and 4,500-nautical-mile range at 12 knots that Rossinavi specified in 2012 stayed exactly as built, which is itself a sign the owners judged the original machinery still sound enough not to touch.

What did the refit scope actually cover?

The Adria Docks programme replaced the generators, stripped and relaid the teak decking across every exterior deck, fully repainted the hull and superstructure, and replaced sections of hull steel plating identified during the work.

New generators are the least visible line item and often the most consequential one on a 13-year-old yacht: a genset replacement resets the maintenance clock on the systems that keep the yacht livable at anchor, and it is usually planned around class survey cycles rather than cosmetics. The teak deck replacement covered every exterior deck rather than a single problem area, which points to age-related wear across the whole weather deck rather than a localised repair. Wrede Consulting was brought in specifically for the coatings side of the repaint, and the yard used 3D scanning to fit replacement steel plates on the hull - a detail that suggests at least some corrosion or damage was found and cut out rather than simply faired over.

Above deck, the one area that did change in configuration rather than just condition was the sundeck bar and lounge, redesigned by Mulder Design - the same studio that drew 2 Ladies' naval architecture in 2012 - using contemporary materials. That is a small, contained scope change against the rest of the work, which was explicitly a restoration of the existing design rather than a reconfiguration of it. None of the four sources covering this refit describe any change to the interior layout, cabin count, or Tommaso Spadolini-designed guest spaces.

What was 2 Ladies built with, and why does the interior matter here?

2 Ladies carries accommodation for 12 guests across six suites, including her two signature full-beam master cabins, styled by Studio Arch. Tommaso Spadolini and left unchanged by the 2023-2025 refit.

The twin full-beam master arrangement is unusual on a 46-metre yacht, where a single owner's suite spanning the full beam is the more common flagship cabin. Building two of them was a direct response to a two-family ownership structure, and it remains the yacht's clearest identifying feature 13 years on. Guest accommodation also includes a beach club, a sauna, a forward-facing gym and a glass lift connecting decks - amenities that were current for a 2012 delivery and that the refit's scope, focused on decks, paint, steel and gensets, did not need to touch to stay serviceable.

Leaving a working interior alone is itself a decision with a cost trade-off: a full interior refresh would have added weeks or months of yard time and a materially larger bill, for cabins that were apparently not the part of the yacht showing her age. The owners' choice to spend the refit budget on the hull, decks, steel and power generation rather than the guest spaces is consistent with a yacht built to a brief its owners still like, rather than one being remodelled to chase a different market.

What does the 2 Ladies refit tell a similarly-placed owner?

A targeted refit that replaces power generation, decking, paint and structural steel while leaving a sound interior alone is a materially cheaper path back to charter-ready condition than a full interior refresh, provided the interior genuinely does not need it.

None of the four sources covering this refit disclose a cost figure, which is itself a data point: Rossinavi, Capax and the trade press covering the story treated the scope and the yard as the news, not the bill. What is public is the shape of the spend - structural and mechanical work that keeps the yacht in class and seaworthy, plus a cosmetic repaint and a single reconfigured deck space, against an interior refresh of zero. For an owner of a yacht in the 13-to-15-year range, where hull, deck and mechanical systems are the parts most likely to need real money before class renewal, that is the scope a survey would typically recommend anyway.

The counter-case is charter earning power: an interior that reads as dated to a 2026 charter guest can cap the rate a yacht commands regardless of how sound her steel is, and 2 Ladies' CharterWorld and YachtCharterFleet listings do not disclose a current weekly rate, so there is no public evidence either way on how the market is pricing her post-refit. What is verifiable is that she is back in Mediterranean charter service for 2026, cruising the French Riviera, Amalfi Coast, Sardinia, Corsica, Ibiza and the Balearics circuit, which is the commercial test this refit was built to pass. No independent post-refit survey or sea trial has been published either, so every claim about the yacht's current condition still traces back to the yard, the project manager and the owners rather than to a third party who has since inspected her - the same caveat that applies to any refit story before an independent surveyor gets involved.