More Company News
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NewsFirst images of Royal Huisman’s Apex 850
Dutch superyacht builder Royal Huisman has unveiled the first images of its new Apex 850 which, at 85m (279ft), is said to be the world’s largest performance sloop.
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News
Torqeedo establishes new sales organisation in Italy
German electric propulsion specialist Torqeedo today announced the establishment of a direct distribution organisation in Italy to improve sales and service support for the company’s full range of products and systems – from small, lightweight outboards up to Deep Blue fully integrated propulsion systems.
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News
Pure Watercraft secures US$23m in Series A funding
A Pure Watercraft electric outboard motor Seattle-based Pure Watercraft, maker of electric marine propulsions systems, has secured US$23.4m in Series A funding led by San Francisco venture capital and private equity firm L37. Pure Watercraft will use the funds to “scale operations from beta to ...
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Quantum Marine Stabilizers opens Med-based service centre
Quantum Marine Stabilizers has opened its second European service centre within the MB92 Barcelona refit and repair hub.
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New company relaunches Pantera brand
US-based Pantera Boats Inc announced today that as a result of a series of business transactions and agreements endorsed and sanctioned by the Miami-Dade County Circuit Court, the company, as successor-in-title, has acquired all moulds and related intellectual property including trademarks, designs and copyrights, clearing the way for the relaunch ...
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Sultan investor welcomes arrests in Tag Yachts court case
A prominent United Arab Emirates businessman who lost millions of pounds in a doomed South African boatbuilding venture has welcomed the arrest of two of his former partners who now face charges of fraud, South Africa’s Sunday Times newspaper reported at the weekend. Sultan Al-Hameli was instrumental in ...
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Marina Stores opens new Croatian megastore
Greek retail chain Marina Stores, a Lalizas company, has opened a new megastore in Šibenik, Croatia.
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Edmiston expands US office network
International superyacht services business Edmiston has expanded its presence in the US with the opening of a new branch in Newport, Rhode Island.
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Mercury Marine to offer outboards on select Sportsman models for the first time
Mercury Marine, a division of Brunswick Corp, is to offer Mercury outboard engines – including the 350 and 400 Verados and other high horsepower Mercury outboards – for the first time on nine Sportsman models beginning on November 1.
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Pardo Yachts Miami relocates
Pardo Yachts Miami LLC, the Italian builder’s representative for the Americas and exclusive dealer for Florida, has moved to a centrally located office loft at 64 NW 54th St in the Wynwood Design District of the Little Haiti area.
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CompX shares soar 21% at Friday’s close
CompX International, whose holdings include Livorsi Marine and Custom Marine Inc (CMI), saw its stock jump slightly more than 21% to close at US$16.95 at the end of trading on Friday 18 September.
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Candela raises €8m in investment
The Swedish start-up has received significant financial backing
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Cruise.com takes on smaller craft in partnership with The Moorings
Private yacht charter brand The Moorings has expanded its scope for attracting new customers by forming a partnership with Cruise.com, a leading US-based internet cruise booking seller and division of Omega World Travel.
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Nanni in supply deal with Swedish shipyard
French engine manufacturer Nanni has signed a deal with Swede Ship to install its T8V.370 marine diesel engine oboard a line of 8m boats for Swedish and Norwegian search and rescue operations.
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Azimut-Benetti CEO announces closer brand links & new model plan
Group financial results better than last year and nine new models planned over the next 18 months
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Cooney Marine announces biggest expansion in firm’s history
UK marine equipment manufacturer Cooney Marine has announced the largest expansion in the firm’s history, with the addition of a new 9,000sq ft state-of-the-art production facility and a high-tech design and technology centre at its Kettering site.
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Video
IBI speaks with Mercury President Chris Drees
IBI North American correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine Division, about how the company is managing booming demand, particularly in the US market, including the addition of more capacity; the split of OEM vs. dealer sales; and how to create ‘excitement’ in a virtual ...
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VETUS launches virtual boat show
Dutch equipment distributor and manufacturer VETUS has launched a virtual boat show in order to showcase its products and systems. The VETUS Virtual Boat Show allows visitors to ‘walk’ around the company’s virtual stand, browse a range of equipment, and view product information and specifications. The platform will also be ...
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UK maritime training business fighting to survive
Red Ensign Training hit hard by Covid-19 and impact on marine industry
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Simpson Marine sells first Sanlorenzo SL96 in Asia
As reported by IBI in July , yacht sales in Hong Kong continue to be strong as Sanlorenzo Asia, represented by Simpson Marine, announced the sale of the first SL96 Asymmetric in Asia into Hong Kong. The SL96A made its debut at the 2020 Düsseldorf Boat Show and has ...
