All articles by David Robinson – Page 84
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Sunseeker establishes Superyacht Division; confirms £60m funding
At the Monaco Yacht Show, where last year it announced its partnership with ICON Yachts in the Netherlands to build its new 161 flagship, Sunseeker International says it has progressed its superyacht ambitions further by setting up a dedicated Superyacht Division.
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Imperial Yachts client contracts for 49m SY catamaran from Sunreef
A contract for a 49m (161ft) superyacht catamaran, which will be the largest superyacht to be built so far in Poland, has been placed with Sunreef Yachts by a client of Imperial Yachts. The order was announced at the Monaco Yacht Show and the craft is scheduled to be delivered ...
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YPI sold to Singapore investment group
Superyacht services provider YPI (Yachting Partners International) has been bought from the French commercial shipping brokerage house, BRS, by Mercantile & Maritime Investments (M&MI), the investment division of the Singapore-headquartered group, for an undisclosed price.
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Ferretti announces new superyacht models
Italy’s Ferretti Group has presented more information about its financial performance and new products from its Superyacht Division to be launched over the next three years. One of three divisions within Ferretti, the Superyacht Division currently encompasses four brands – CRN, Custom Line, Pershing and Riva – with a fifth, ...
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UK marina operators complete merger
The merger of UK marina operators Dean & Reddyhoff and Quay Marinas has now been implemented. The transaction brings together 11 marinas on the UK south coast, Bristol Channel, Irish Sea, the Clyde and East coast. A new nationwide cruising pass has been issued for berth holders offering access to ...
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Sanlorenzo files application for listing with Milan Stock Exchange
Following its announcement in Cannes that it would pursue its planned initial public offering (IPO) stock listing, Italian yacht-builder Sanlorenzo today confirmed that it has filed an application to join the Milan Stock Exchange (Borsa Italiana).
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Bridge system cooperation launched between Rolls Royce and Team Italia
Integrated bridge systems to be developed for series yachts
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Astondoa plans three new models for 2020
Spanish yacht-builder Astondoa is planning to introduce three new models for 2020, one in each of its three composite model ranges. They are the 377 Coupe, 82 Flybridge and 125 Century.
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Consistent expansion as Fairline rebuilds and grows
Since the new ownership took over at Fairline Yachts in early 2016 following the collapse of the company, Fairline’s management has pursued a consistent strategy of rebuilding resources and investing in new product development, new facilities and existing facility upgrades. This continues, with some staggering to match operational needs with ...
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2019 Cannes Yachting Festival a notable success
The 2019 Cannes Yachting Festival achieved a very successful outcome, despite the first day being a wash-out with heavy rain. The major change in the layout of this leading European boat show, namely the move of the sailing craft, both monohulls and multihulls, to Port Pierre Canto, appears to have ...
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Azimut-Benetti celebrates 50 years at stylish gala event
The Azimut-Benetti Group celebrated reaching 50 years of age in style at a gala event at the famous Eilenroc Villa with over 500 people, including at least 250 clients participating. The event went on long into the evening and included a bespoke fashion show by Giorgio Armani. Azimut-Benetti is the ...
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Pearl Yachts introduces new Pearl 62
The UK’s Pearl Yachts has announced a new model, the Pearl 62, at the Cannes Yachting Festival. Alongside this, the company also highlighted a strong sales position over the past year.
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Sirena Marine holds global debut of new flagship at Cannes
Turkish yacht-builder Sirena Marine has held the world debut of its new flagship, the Sirena 88, at the Cannes Yachting Festival. For the future, Sirena plans to add new models both larger and smaller than the Sirena 88.
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Ferretti continues strong financial performance
The strong 2018 fiscal performance of the Ferretti Group, now comprising eight brands following the acquisition of Wally earlier this year, has continued into the first half of 2019. Complementing this is a €350m increase in capital from the group’s two shareholders, Weichai and Ferrari, and the prospect of an ...
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Sunseeker secures shareholder funding for next five years
Sunseeker International’s recently appointed CEO, Andrea Frabetti, confirmed at the company’s Cannes Yachting Festival press conference that its Chinese majority shareholder, Dalian Wanda, has committed £50m for new product development between 2019 and 2024.
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Sanlorenzo to implement IPO by year-end
The pace of development at Italian superyacht builder Sanlorenzo continues apace. At its annual Cannes Yachting Festival press conference, the yard covered topics including an upcoming IPO, new models in existing ranges, two new model ranges – one in the Yacht Division and the other in the Superyacht Division – ...
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Bluegame expands with new models and entry into multihull market
A major expansion of the Bluegame brand, under the Sanlorenzo umbrella, was announced at the start of the 2019 Cannes Yachting Festival.
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European autumn boat show season opens
With the opening tomorrow of the 42nd edition of the Cannes Yachting Festival (CYF2019), the busy European autumn boat show calendar will commence covering leading marine leisure markets in France, the UK, Italy, Monaco and Spain. The shows are being held in Cannes, Southampton, Genoa, Monaco and Barcelona between September ...
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Significant marine damage caused by Hurricane Dorian
While reports of the devastation caused by Hurricane Dorian over Great Abaco island, Grand Bahama island and other islands are only just filtering in, it is inevitable that significant damage will have been caused to the marine infrastructure of these two main islands, both important yachting locations.
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Princess at ‘loggerheads with Unite union’
On the day that Princess Yachts sent out a story about its success through 2019 and that it had doubled the number of apprentices it had appointed, a row with the UK trade union Unite has arisen over the fact that around 100 people are to be laid off.