All Asia Pacific articles – Page 59
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NewsTaiwan adds automatic ID requirement for yachts over 12m
Taiwan’s Ministry of Transportation and Communications will begin this week enforcing amendments to its Regulations Governing the Management of Yachts aimed at improving overall safety of the growing yacht fleet plying the waters of the China Sea. Chief among the changes is a requirement that yacht rental firms and commercial ...
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NewsYamaha first three quarter results, marine down 10.9%
Net sales for Yamaha Motor Company’s consolidated accounting period for the first nine months of the fiscal year ending December 31, 2020 were ¥1,067.1 billion (a decrease of ¥200.1 billion or -15.8% compared with the same period of the previous fiscal year). Operating income was 56.4 billion yen (a decrease ...
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NewsEcoworks Marine appoints Australian distributor
UK-based Ecoworks Marine has expanded its distribution network by officially appointing One Stop Marine for Australian territories.
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NewsSilent-Yachts reports strong sales in recent months
Silent-Yachts, the Austrian producer of solar-electric catamarans, has reported strong sales in recent months. The company now has 10 solar-electric catamarans in build – one Silent 55, five Silent 60s and four Silent 80s.
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NewsNo stopping Queensland’s superyacht shipyard capacity
Just days after Rivergate Marina & Shipyard announced a $200m expansion, a further two new developments stand to significantly impact on Queensland’s superyacht shipyard capacity. One of these is a new collaboration involving the Gold Coast City Marina & Shipyard (GCCM) for superyachts up to 120m (394ft) and the takeover ...
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NewsXiamen Boat Show proceeds as physical and virtual event
The Xiamen International Boat Show in China which was originally scheduled to run from November 6th to the 8th at the Wayuan Bay Yacht Port has been rescheduled to the 20th to the 23rd November and will now take the form of acombined physical and virtual show.
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NewsJapan to hold new floating and virtual boat show as market recovers
The Japan Marine Industry Association (JMIA) has decided not to go ahead with its indoor show planned for March in Yokohama but instead will be holding a new style floating and virtual show in April with dates and location still to be determined.
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NewsPropspeed partners with CMP Group Ltd for international distribution
New Zealand-based underwater coatings specialist Propspeed has partnered with CMP Group Ltd for international distribution. Under the terms of the agreement, Propspeed will be distributed by CMP Europe in Italy and Jia Da Specialty Metals, a division of CMP Group, in China.
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NewsBrisbane to boost role as superyacht refit centre with Rivergate Shipyard expansion
Rivergate Marina and Shipyard, one of Australia’s leading superyacht refit and repair facilities, is embarking on a A$200m expansion project that will see some 1,500 marine industry jobs being created. It is estimated that this investment could boost the Queensland economy by A$1bn a year and also create some 500 ...
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NewsHong Kong Yacht Show: Verventia responds to HKCYIA’s announcement
As reported in yesterday’s IBI News, the joint organisers of the planned Hong Kong Yacht Show scheduled to take place next month appear to be in dispute. Following the announcement of postponement at the request of the majority of the key players in Hong Kong’s yachting industry, the local partner, ...
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NewsHeysea Yachts exhibits first sailing catamaran at Shenzhen show
Italian and UK designers are both involved in the project
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NewsAustralian BIA restructures to cope with changing market conditions
Australia’s Boating Industry Association (BIA) has undertaken a restructuring of its organisation in order for it to respond to Covid-19 disruptions and the changing business and consumer needs.
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NewsHong Kong Yacht Show to proceed using new format in a strong market
Despite the announcement on October 14th that the Hong Kong Yacht Show (HKYS) is postponed until October 2021, as reported by IBI two weeks ago, it transpires that the show will still proceed in a different format under the management of local Hong Kong partner, the Hong Kong Cruise and ...
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NewsDanfoss to power Bangkok fleet of electric ferries
Some 27 zero-emission passenger ferries will soon replace aging diesels on Bangkok’s Chao Phraya River in a bid to improve air quality and clean up the water supply in the Thai capital.
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NewsFiji’s ‘Blue Lane’ initiative for Covid-19 proves successful
Over 90 yachts have already arrived or are due to arrive in the Fijian islands to make use of the country’s ‘Blue Lane’ initiative which was introduced some months ago in response to the Covid-19 pandemic. According to an FBC News report, it is estimated that some Fi$10m has been ...
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NewsGrand Banks achieves Q1 profitability
Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year. The Singapore publicly-listed company – parent of the Grand Banks ...
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NewsGyro stabiliser company targets European market
The Chinese company Shanghai Jiwu Technology Corporation has recently established a European office in the Netherlands to facilitate the growth of its European business. Since being established in 2015 the company has developed eight models of gyroscopic stabilisers for use in leisure and commercial boats from under 5 tonnes up ...
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NewsIndonesia opens up to foreign-flagged yachts
In response to the sizeable number of yachts that have been left stranded in Asia-Pacific waters due to cyclones and restrictions on sailing in various locations in the region due to Covid-19, the Indonesian government
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NewsDufour appoints new exclusive dealer in Australia
Following the appointment announced last week by Dufour Yachts of new dealers in Singapore, Thailand and Indonesia, the European sailing yacht brand has also announced a new exclusive dealer for Australia. The recently established Yacht Sales Co (YCD) has won the role as the Dufour dealer and it works out ...
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NewsElectric Boats develops control and management platform for electric propulsion
EBP (Electric Boats Platform) is Electric Boats’ newly developed control and management platform for a range of electric propulsion options on the water.
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