All articles by David Robinson – Page 79
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Gavio Group to combine Baglietto and CCN yards under the Baglietto brand
Yards closed until early April due to coronavirus
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UK marine development to create around 2,000 jobs
Around 2,000 new marine sector jobs stand to be created in the south of England in a £1.5bn-plus project planned over the next decade by Portsmouth City Council (PCC) at its Tipner West site.
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Australia’s Sanctuary Cove International Boat Show postponed
The 2020 Sanctuary Cove International Boat Show (SCIBS2020), the largest marine leisure sector event in the Southern Hemisphere, has been postponed and new dates will be issued soon. It was due to be held at the Sanctuary Cove resort on Austarlia’s Gold Coast from May 21-24.
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Azimut introduces new measures to cope with COVID-19
Azimut Yachts, part of Italy’s Azimut-Benetti Group, has introduced new measures to cope with the impact of COVID-19 and to align production with slowdowns in the supply chain.
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Gulf Craft names preferred Australian service centre
Gulf Craft, the Middle East’s largest yacht builder, has expanded its global service network by appointing Gold Coast City Marina & Shipyard (GCCM) as its preferred Australian facility. The brand is also looking to continue its global expansion with the appointment of new distributors in more than a dozen identified ...
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New Zealand’s Superyacht Gathering cancelled
This year’s event was due to be held in Auckland from March 25-27
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Winch Design reports 5.9% growth in 2018-19
UK superyacht design studio, Winch Design Ltd, saw turnover hit £31.1m for its 2018-19 fiscal year, a 5.9% rise on the £29.3m it generated the previous year. Profits after costs and tax were £4.42m, down 10.3% (£4.93) on 2017-2018.
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Major insurance deal stands to consolidate superyacht insurance
Two global insurance brokerage concerns, both very active in the superyacht market, may join forces as the result of a $30bn takeover approach by Aon to buy Willis Towers Watson. If the deal is completed, it would see the world’s second and third largest insurance brokerage business coming together to ...
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Growing questions over holding of Mediterranean charter and boat shows
With a series of seven or more charter and boat shows due to be held in late April, May and early June in Spain, Greece, Italy, Turkey and Cyprus, each is monitoring the situation in respect of the growing spread of the coronavirus and whether or not they should be ...
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CVC purchase of D-Marin facilities clears Croatian anti-trust agency
AZTN, the Croatian anti-trust agency, has approved the planned acquisition of three marinas in the country which are part of the planned takeover of 10 D-Marin owned and managed marinas by the Luxembourg-headquartered private equity group, CVC Capital Partners. The other seven marinas include four in the UAE and three ...
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Superyacht Summit postponed; Qatar gets green light
With only a handful coronavirus infections recorded in the Gulf state of Qatar to date, the organisers of the seventh edition of the Qatar International Boat Show (QIBS 2020) plan to go ahead with their small local event from March 18-21 at The Pearl Marina in Doha.
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PlainSailing.com wins two industry awards
The UK-based yacht charter platform was honoured in two separate global award schemes
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CMC Marine expands service centre network
Pisa, Italy-headquartered CMC Marine has expanded its global network of service centres with new members serving Italy, Spain, Cyprus, Hong Kong and the Philippines.
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Lürssen to build replacement superyacht for one lost in fire
The German yard has at least nine contracts with an average length of 115m on order
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Deutsche Yachten grows membership
Two more companies have joined the German superyacht industry group
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New rules in Seychelles allows foreigners to own superyachts
The Seychelles government has introduced new policies related to foreign yacht ownership and operation. Under the new rules, according to a Seychelles News Agency report, a foreigner is able to own a yacht if it is over 24m (79ft) in length and valued in excess of $2m.
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Qatar show to double in size, say organisers
This year’s event will have 12,000sq m of exhibitor space
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Dean & Reddyhoff rebranded Boatfolk Marinas Group
Following the takeover last year of Quay Marinas (QM) by the Dean & Reddyhoff Group (D&R), the combined entity is to be rebranded Boatfolk Marinas Group Ltd. IBI understands that the rebranding is to be officially announced on April 1, 2020, according to a spokesperson for D&R.
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Larnaca Marina gets go-ahead after prolonged negotiations
A Cypriot-Israeli consortium, Kition Ocean Holdings, has gained approval from the Cyprus government which, after prolonged negotiations over some two years, managed to reach an agreement over the redevelopment of Larnaca port and marina. A total of €1.2bn is planned to be invested in upgrades, making it the largest infrastructure ...