Damen acquires Swedish repair yard

Holland’s largest shipyard, the Damen Shipyards Group, has acquired Swedish ship repair and maintenance yard Oskarshamnsvarvet in Oskarshamn. Details of the transaction were undisclosed. Oskarshamnsvarvet specialises in the maintenance and repair of…

Heesen Yachts sells Project California

Dutch boatbuilder Heesen Yachts has announced the sale of Project California, the ninth yacht in its 47m displacement class. The contract was signed thanks to a collaboration with Antoine Larricq of Fraser Yachts. Heesen’s order book now consists of…

Fountain case settled with mediation agreement

The contentious lawsuit between First Capital (FCC) and Fountain Powerboats and a dozen related defendants could finally be over, according to court documents released yesterday. All parties have agreed to a Mediation Settlement Agreement that was…

Bavaria names general manager

Bavaria Yachts USA has appointed Fletcher Ryan as its general manager. Ryan will be at the helm of the recently opened factory-direct store in Mystic, Connecticut. An industry veteran, Ryan’s experience span 20 years serving the New England sailing…

Republic of Singapore Yacht Club completes dry-stack expansion

The Republic of Singapore Yacht Club (RSYC) officially opened its new five-storey vertical dry stack last Friday. The new dry stack, one of the largest of its kind in Singapore, is a central part of the RSYC’s ongoing S$9m expansion project, which…

Sri Lanka government to levy taxes against imported boats

Responding to complaints by domestic boat builders that duty-free imported boats received an unfair advantage, the government of Sri Lanka has decided to levy taxes against them next year. The announcement was made by the Minister of Industry and…

US boaters to be surveyed for ocean development plan

The US government has sponsored a survey of boaters in the Northeastern US as part of a long-term ocean development plan. The federal government has said it wants to balance recreational uses of the ocean with long-term plans to develop wind turbines,…

Princess Yachts names dealer in Singapore

Yacht dealer and brokerage company Prometheus Marine (ProMarine), has been appointed as official dealer for Princess Yachts in Singapore. Will Green, sales director at Princess Yachts International Plc, comments: “We are delighted to welcome…

Boat Show Sri Lanka opens in Colombo

The third edition of Boat Show Sri Lanka was opened on Friday morning by the Hon Rishad Bathiudeen the Minister of Industry and Commerce for the country. The event is organised by the Sri Lanka Boat Building and Technology Improvement Institute at the…

Lumitec appoints Derema

Lumitec, a Florida-based marine LED specialist, has appointed Derema Group as its manufacturing representative in the United States. The firm will look after Lumitec’s product line in the North-eastern, Central, and Western regions. “We’ve been…