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Posted Thursday, September 18th, 2014

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Bankrupt UK boatyard accrued debts of more than £800,000

Posted Friday, September 19th, 2014

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Southerly Yachts accrued debts of more than £800,000 when it went into liquidation at the end of last month.
The boatbuilder, based in Chichester, West Sussex, got into trouble after only 15 months of trading.
The company had only £200 in cash as…

Ventura UK wins Ferretti award at Cannes

Posted Friday, September 19th, 2014

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Ventura UK was presented with a Best Sales Performance award from the Ferretti Group at the Cannes Yachting Festival last week. The company’s sales grew 28% over the past 12 months, following a 16% increase in the previous year.
Ventura UK is the…

Marine business latest stock price review

Posted Friday, September 19th, 2014

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- Brunswick Corp has completed the sale of its retail bowling business to Bowlmor AMF
- Beneteau America has announced plans to increase the development of its powerboat distribution network in South America
- Mercury Marine has announced a new…

Istanbul Boat Show opens next week

Posted Friday, September 19th, 2014

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The 2014 Istanbul Boat Show, organised by UBM NTSR Exhibition Company, opens its doors to the public next week at Pendik Marinturk City Port.
From September 23-28, around 380 yachts will be displayed over a 150,000sq m area, including megayachts. The…

Obituary: Simon Cash-Reed

Posted Friday, September 19th, 2014

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Seago Yachting, a UK supplier of marine safety equipment, has announced the death of Seago CEO Simon Cash-Reed.
Simon served the marine industry for over 30 years with integrity, professionalism and passion. He leaves behind his wife Jacky and two…

Brunswick completes sale of retail bowling business

Posted Friday, September 19th, 2014

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Brunswick Corp says it has completed the sale of its retail bowling business to Bowlmor AMF for US$270m. Brunswick expects net proceeds from this divestiture and associated actions to be about US$270m to US$290m, including estimates for taxes and…

Williams Performance Tenders wins Sunseeker supplier award

Posted Friday, September 19th, 2014

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Williams Performance Tenders in the UK has received a Supplier of the Year award for Business Improvement from Sunseeker International.
The award, which was presented by Sunseeker president Robert Braithwaite to company owners Mathew and John Hornsby a…

MYBA celebrates 30 years

Posted Friday, September 19th, 2014

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A celebration being held this weekend will recognise 30 years of the MYBA (Mediterranean Yacht Brokers Association), which in that period has developed into the world’s leading yacht broker association. Today MYBA has a membership of 109 corporate…

MYBA celebrates 30 years

Posted Friday, September 19th, 2014

Link to MYBA celebrates 30 years

A celebration being held this weekend will recognise 30 years of the MYBA (Mediterranean Yacht Brokers Association), which in that period has developed into the world’s leading yacht broker association. Today MYBA has a membership of 109 corporate…

Upcoming Monaco show encourages news of recent orders

Posted Friday, September 19th, 2014

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A spate of new orders has recently been made known in the run-up to the Monaco Yacht Show. The biggest of these is Project Palo Alto, a new 112m (368ft) Andrew Winch-designed superyacht to be built by Lürssen for completion in the spring of…

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