All articles by David Robinson – Page 84
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NewsGYG issues strong first-half trading update
CEO Remy Millott: “The team’s focus on improving margins is starting to flow through” Global Yachting Group (GYG), the UK-based superyacht painting, supply and maintenance firm, has issued a positive first-half trading update for the six months ended June 30, 2020. The announcement comes not long after ...
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NewsGenting HK plans debt restructure
Hong Kong-listed Genting HK has been forced to take desperate steps to address the serious financial impact of Covid-19 on its core activity as the largest cruise ship operator in Asia. It owns Star Cruises, Dream Cruises and Crystal Cruises. Tan Sri Lim Kok Thay, Chairman & Chief ...
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NewsVesselsValue introduces automated valuation platform for superyachts
New service covers over 6,000 superyachts over 24m with values back to 2012
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NewsIBI looks at the latest Covid developments in the Caribbean
A number of islands have delayed reopening
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NewsITA launches €39m tender for ‘Made in Italy’ brand promotion
The Italian Trade Agency (ITA), Italy’s trade promotion body, has launched a tender notice inviting interested parties to bid for a €39m budget to promote the ‘Made in Italy’ brand. This is an important bid for the Italian yacht-building industry and the many other companies engaged in yacht-related activities because ...
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NewsThailand Charter Week postponed until November 2021
The second edition of the Thailand Charter Week scheduled to be held in Phuket in November this year has been postponed because of the continuing Covid-19 pandemic. The Thai Yachting Business Association (TYBA), the organisers of the event, have confirmed the cancellation and said the 2021 event will be held ...
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NewsAMAALA awards excavation contract for Triple Bay Marina
As part of the huge Amaala tourism development in the Red Sea, a contract for the excavation of one of the marinas in the project has been awarded to Dubai-based Hasan Al-Harbi Corp (HASCO). The new facility is the 200-berth-plus Triple Bay Marina which will have the ability to berth ...
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NewsGold Coast gears up to handle more superyachts
Expansion of facilities attracts increased number of large yachts
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NewsAsia Superyacht Development wins Asia Pacific agency for Vision Systems
Deal covers expanding yacht market business across the region for French brand
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News2020 a significant year for Spirit Yachts
The delivery of the eco-friendly Spirit 111 superyacht was one of the highlights
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NewsTemasek withdraws from planned SG$4bn share purchase in Keppel Corp
Marina at Keppel Bay is one of Singapore’s largest marinas A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, ...
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NewsCala del Forte marina development back on track
First yachts expected in October and new shipyard by 2021
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NewsGreek government approves Elounda Hills marina project
The building of a new 202-berth marina at Elounda Hills in eastern Crete was jointly approved by the Greek Tourism and Environment Ministries this week. The marina will be a key element of the large €410m Elounda Hills eco-tourism project set to be developed at Elounda Bay in the Aghios ...
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NewsUS private equity firm buys Yale Cordage
In its 99th deal since being established in 1989, US private equity business River Associates Investment has bought Yale Cordage, a leading supplier of rope systems to the recreational and commercial marine sectors. The acquisition was in partnership with Yale’s management team. No value for the purchase has been released. ...
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NewsFiji’s ‘Blue Lane’ initiative proves good response to Covid-19
Over 20 yachts have so far made use of the ‘Blue Lane’ initiative introduced by the Fijian government to allow yachts and superyachts to visit the South Pacific island nation, according to a report in The Fiji Times.
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NewsBermuda to join countries opening up ownership registers
With ever-greater visibility being given to ownership of company registers in a increasing number of offshore ‘tax haven’ jurisdictions, Bermuda is now committed to joining them by making its register accessible to the public by January 2021.
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NewsNew Sunreef superyacht luxury sail catamaran concept
Responding to the growing demand for large superyacht luxury sail catamarans, UK design studio, Malcolm McKeon Yacht Design, has collaborated with Sunreef Yachts to develop a radical 46m (151ft) superyacht concept named the Sunreef MM460 CAT.
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NewsLegal dispute over loss of £25m superyacht involves Peters & May
My Song fell off ship while en-route from Antigua to Genoa
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NewsNew 34m sail training schooner launches in Bangkok
Vela will undertake global cruises to educate trainee sailors
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NewsAntalya celebrates 20 years of yacht construction
Turkey’s leading yacht-building centre has built 460 yachts valued at $1.2bn over two decades
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