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Panda 40
Designer: Robert Perry  ·  Builder: Ta Shing Yacht Building Ltd.  ·  First built: 1983
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About the Panda 40

Designed for those who take their sailing seriously, the Panda 40 is a cruising yacht that strikes a balance between comfortable liveaboard capability and capable bluewater performance. Built with offshore passagemaking in mind, this vessel appeals to sailors seeking a reliable platform for extended coastal voyages and open-ocean crossings alike. While detailed specifications remain limited in available records, the Panda 40 carries a reputation as a solidly built cruiser with practical deck layouts and accommodations suited to long-distance sailing. Its proportions suggest a boat that prioritizes seakeeping and stability over outright speed, making it a sensible choice for couples or small crews planning extended passages. The Panda name has been associated with well-constructed, sea-kindly designs that reward experienced sailors looking for a trustworthy bluewater companion rather than a weekend racer. Prospective buyers are encouraged to seek out owner communities and existing examples to get a fuller picture of how the design performs across different sea conditions, as firsthand accounts often reveal the most about a vessel's true character and long-term cruising suitability.

Core Dimensions
LOA (Length Overall) 39.89 ft / 12.16 m
LWL (Waterline Length) 34.50 ft / 10.52 m
Beam 12.83 ft / 3.91 m
Max Draft 6.00 ft / 1.83 m
Displacement 29,000.00 lb / 13,154 kg
Ballast 12,000.00 lb / 5,443 kg
Sail Area (Reported) 859.00 ft² / 79.80 m²
Design & Construction
Hull Type Long Keel
Rigging Type Cutter
Construction FG
Designer Robert Perry
Builder Ta Shing Yacht Building Ltd.
First Built 1983
Related Sailboats Tashiba 40 · Baba 40 · Valiant 40 2 · Island Packet 40 · Endeavour 40
Owner Reviews

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Performance Ratios
PHRF Rating PHRF (Performance Handicap Racing Fleet) is a national racing handicap measured in seconds per nautical mile. Lower values indicate faster boats. Ratings are sourced from US Sailing's national database (median across 60+ regional fleets).
Under 0 — Ultralight racer0–90 — Performance racer90–150 — Cruiser/racer150–210 — Typical cruiserOver 210 — Heavy/slow cruiser
 164
SA/Displacement Sail Area to Displacement ratio measures how much sail power a boat has relative to its weight. Higher values mean more performance and speed.
Under 14 — Heavy cruiser, slow14–18 — Cruising sailboat18–22 — Cruiser/racerOver 22 — Performance racer
 14.62
Comfort Ratio Ted Brewer's Comfort Ratio predicts how comfortable a boat will feel in offshore conditions. Higher values mean a steadier, more comfortable motion in a seaway.
Under 20 — Uncomfortably rough20–30 — Acceptable coastal30–40 — Good offshore comfortOver 40 — Very comfortable offshore
 41.48
Capsize Screening Formula The USHS Capsize Screening Formula estimates offshore capsize risk. Lower is safer — values under 2.0 are considered acceptable for offshore sailing.
Under 2.0 — Safe for offshore2.0–2.2 — Borderline offshoreOver 2.2 — Coastal use recommended
 1.67
Hull Speed Hull Speed is the theoretical maximum speed of a displacement hull, calculated from waterline length. Most cruising sailboats reach this speed in moderate conditions. 7.87
S# (Speed Number) The Speed Number (S#) is a quick performance index. Higher values indicate a faster, more powerful design relative to its size.
Under 3.0 — Slow cruiser3.0–5.0 — Average cruiser5.0–7.0 — Performance cruiserOver 7.0 — Racer
 1.46
Pounds/Inch Immersion Pounds per Inch Immersion (PPI) tells you how much weight is needed to sink the boat one inch. Useful for calculating how additional gear and stores affect waterline. 1.0
Rig Dimensions
I (Foretriangle Height) 50.0
J (Foretriangle Base) 21.0
P (Mainsail Luff) 46.0
E (Mainsail Foot) 14.8
SA Fore 525.0
SA Main 340.4
How It Compares

vs. Baba 40, Endeavour 40, Island Packet 40, Tashiba 40, Valiant 40 2

This boat Similar boats
Dimensions
LOA
Panda 40 ★
39.9 ft
Baba 40
39.8 ft
Endeavour 40
40.0 ft
Island Packet 40
40.0 ft
Tashiba 40
39.9 ft
Valiant 40 2
39.9 ft
LWL
Panda 40 ★
34.5 ft
Baba 40
34.5 ft
Endeavour 40
32.0 ft
Island Packet 40
34.0 ft
Tashiba 40
34.5 ft
Valiant 40 2
34.0 ft
Beam
Panda 40 ★
12.8 ft
Baba 40
12.8 ft
Endeavour 40
13.0 ft
Island Packet 40
12.9 ft
Tashiba 40
12.8 ft
Valiant 40 2
12.3 ft
Displacement
Panda 40 ★
29 lbs
Baba 40
29 lbs
Endeavour 40
25 lbs
Island Packet 40
22 lbs
Tashiba 40
29 lbs
Valiant 40 2
22 lbs
Ballast
Panda 40 ★
12 lbs
Baba 40
12 lbs
Endeavour 40
9 lbs
Island Packet 40
10 lbs
Tashiba 40
10 lbs
Valiant 40 2
7 lbs
Sail Area
Panda 40 ★
859 sq ft
Baba 40
864 sq ft
Endeavour 40
788 sq ft
Island Packet 40
907 sq ft
Tashiba 40
865 sq ft
Valiant 40 2
772 sq ft
Performance
PHRF Rating (lower = faster)
Panda 40 ★
164 s/nm
Baba 40
179 s/nm
Endeavour 40
147 s/nm
Island Packet 40
141 s/nm
Tashiba 40
138 s/nm
Valiant 40 2
—
SA / Displacement (higher = more powerful)
Panda 40 ★
14.6
Baba 40
14.7
Endeavour 40
14.8
Island Packet 40
18.1
Tashiba 40
14.7
Valiant 40 2
15.6
Ballast / Disp (higher = stiffer)
Panda 40 ★
—
Baba 40
—
Endeavour 40
36.0 %
Island Packet 40
43.9 %
Tashiba 40
34.5 %
Valiant 40 2
34.2 %
Comfort Ratio (higher = more comfortable offshore)
Panda 40 ★
41.5
Baba 40
41.5
Endeavour 40
36.9
Island Packet 40
32.6
Tashiba 40
41.5
Valiant 40 2
34.3
Capsize Screening (lower = safer)
Panda 40 ★
1.67
Baba 40
1.67
Endeavour 40
1.78
Island Packet 40
1.83
Tashiba 40
1.67
Valiant 40 2
1.75
Displacement / Length (lower = lighter)
Panda 40 ★
—
Baba 40
—
Endeavour 40
340
Island Packet 40
258
Tashiba 40
315
Valiant 40 2
255
Hull Speed
Panda 40 ★
7.9 kts
Baba 40
7.9 kts
Endeavour 40
7.6 kts
Island Packet 40
7.8 kts
Tashiba 40
7.9 kts
Valiant 40 2
7.8 kts
Speed Number (higher = faster)
Panda 40 ★
1.5
Baba 40
1.5
Endeavour 40
1.3
Island Packet 40
2.0
Tashiba 40
1.5
Valiant 40 2
2.0
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