All articles by David Robinson – Page 85
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NewsBurgess reports large jump in profits in 2018
CEO Jonathan Beckett increases majority share from 63% to 71%
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NewsIreland Afloat buys Glasgow-based Yachting Life
The Irish online yachting news outlet, Afloat.ie, has recently acquired Scottish boating magazine Yachting Life, the future of which was in doubt following the takeover of the company by a large international publishing group headquartered in Germany.
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NewsSingapore government moves to take over Keppel and Sembcorp Marine
The Singaporean government is bidding to acquire a controlling stake, using its Temasek Holdings investment arm, in Keppel Corporation – a large, diversified business group with significant marine activities in shipbuilding and the offshore sector. The marine interests include Marina at Keppel Bay, one of Singapore’s key yacht marinas.
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NewsTender call for Greek marina concession
Greece’s Hellenic Republic Asset Development Fund (HRADF) today invited invitations from interested parties for a concession of at least 35 years at Itea Marina through an advertisement in The Financial Times. It is the latest move in the country’s privatisation plan for a number of marinas and tourist ports.
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NewsMYS end of show report reflects event’s success despite some market weakness
More exhibitors, best display of superyachts and more visitors
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NewsUK Docks buys Royal Clarence Yard
UK Docks, a British ship repair firm with facilities on Tyneside, Teesside, Plymouth and Gosport, recently acquired the 5.7-acre Royal Clarence Yard in Gosport, a former military site that offers access to deep water.
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NewsUK marine enterprise zone enters Phase 2
Work has recently started on the second of three phases of development at the Oceangate Marine Enterprise Zone (MEZ) located in Plymouth in the southwest of England. This is the first MEZ in the UK and the £7.6m contract for building Phase 2 has been part funded by the European ...
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UK marine firms to develop new lifecycle assessment tool
With a growing emphasis on sustainability in the marine leisure market, a new tool for lifecycle assessment (LCA) for the recreational and performance yachting sector is planned to be developed by an international collaboration between marine logistics specialist GAC Pindar and UK-based MarineShift360 that works to drive sustainability initiatives.
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NewsFirst sale of direct drive diesel microturbine generator for superyacht
The rebuild of the 42.06m (138ft) classic superyacht Istros by Feadship in Makkum will include the installation of the first-ever direct-drive DC C65 diesel microturbine generator for marine use. The sale was made by Capstone Turbine Corp of the US through Seven Turbine Power BV, Capstone’s exclusive distributor for Belgium, ...
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News‘Sustainability’ key focus of Barcelona show
Sustainability in the leisure marine industry is the key focus of the 2019 Barcelona Boat Show, which is now in its 58th edition. The theme is complementary to the show also reflecting the recovery of the boating sector with 7% growth in 2018.
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NewsFirst Queensland marina awarded Platinum accreditation
Australia’s Coral Sea Marina Resort, formerly known as Abell Point Marina, is Queensland’s first facility to achieve Platinum accreditation. This accreditation, the highest possible, is awarded under the global Gold Anchors Award scheme managed by the Marina Industries Association (MIA), based in Australia, and TYHA (The Yacht Harbour Association) in ...
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NewsWelsh marina group secures funding
The Cardiff, Wales-headquartered marina and boating services group, Marine & Property Group (MPG), has secured funding of £10.4m from the innovative financial services business, ThinCats. The new funding will be used to consolidate some existing loans and support further expansion including acquisitions and enhanced diversification in current activities such as ...
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NewsAsian companies target European shows to grow business
Sri Lankan and Chinese companies exhibited for the first time at the Genoa Boat Show and Cannes Yachting Festival this year as part of an effort to grow business in Europe.
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NewsNew details emerge on Ferretti IPO
According to a report on the online Market Watch financial news service, Italy’s Ferretti Group plans to list around 30% of its stock on the Milan Stock Exchange this month.
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NewsMonaco Yacht Show provides encouragement for market future
The 2019 Monaco Yacht Show closed last Saturday on a positive note for the future of the superyacht industry despite world economic and political challenges. The show, which with 600 exhibitors and 125 superyachts of which 42 were new yachts, was the largest to date.
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NewsGulf Craft adds new 37m Majesty 120 to its superyacht range
Middle East yacht-builder Gulf Craft announced at the 2019 Monaco Yacht Show that a new 37m (121ft) tri-deck Majesty 120 has been added to its superyacht range. The new model was launched by Mohammed Hussein Alshaali, Culf Craft’s executive chairman.
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NewsSunseeker 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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NewsImperial 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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NewsYPI 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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NewsFerretti 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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