Lignia Wood Company, a British timber modification business, has chosen Global Timber to distribute Lignia Yacht – its real wood alternative to Burmese teak deck – across Europe. The news comes not long after Lignia signed its first major distribution agreement with US-based Teakdecking Systems for the North American market.
Italy-based Arcadia Yachts has announced that construction of its first 24m Sherpa XL ‘pocket megayacht’ is proceeding rapidly and is on schedule for its global debut at the 2019 Cannes Yachting Festival in September.
Already active in 14 marine markets including superyachts, family-owned Damen Shipyard Group of the Netherlands is entering the luxury cruise market.
New Zealand-based Vesper Marine has chosen Total Marine Supply LLC to represent its smartAIS transponders in the US Midwestern States surrounding the Great Lakes.
Further enhancing the already strong yachting sector in Gibraltar is the expansion of capacity of a major fuel company and the opening of the ever-expanding BWA yacht services business.
A former employee of Galati Yacht Sales will serve five years probation, provide 100 hours of community service, and will repay the US$67,927.37 she embezzled from the Florida-based yacht brokerage.
Global satellite communications company Inmarsat Plc has received a new takeover offer from a transatlantic consortium comprising UK private equity firm Apax Partners, US-based Warburg Pincus, and two Canadian pension funds – CPPIB and the Ontario Teachers’ Pension Fund.
A new mega chandlery has opened on Australia’s Gold Coast as part of The Boat Works’ A$100m investment into expanding the Gold Coast Marine Precinct in Coomera.
The owner of SVP Yachts, builders of Shipman sailboats, OceanClass and the Greenline range of hybrid motoryachts, looks back on the fateful day he took over the Slovenian builder in 2015, and outlines plans for future growth
Earl Bentz entered the boat business working for his uncle’s dealership at age 14. Now, at 66, he’s decided to start his third boat company, Caymas Boats, from part of the facilities – and with many employees – of his former Triton Boats in Tennessee
New Boat Show Calendar!
Columbus Yachts celebrates the launch of its 80m flagship ‘Dragon’ at Palumbo Superyachts’ yard in Ancona, Italy
Videoworks in Italy is at the vanguard of integrating onboard visual and audio entertainment tech with lighting and cybersecurity systems
A New Zealand R&D engine builder has developed a new marine diesel with an innovative hose-less design. Now, they’re looking for investors to bring the engine to market
As cars become greener, more electrified and even self-parking, are boat owners expecting the same afloat?