All articles by David Robinson – Page 86
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News
Sunseeker East Coast Australia expands Queensland presence
One of the newest tenants at the Gold Coast City Marina & Shipyard (GCCM) is Sunseeker East Coast Australia (SECA), the official dealer for the leading UK luxury yacht brand. The Sunseeker East Coast Australia dealership covers the key markets in Australia of Queensland and New South Wales plus Victoria.
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Rolls-Royce to rebrand Power Systems division
UK engineering group Rolls-Royce has announced that it is planning a rebranding of its Power Systems division which includes the core MTU brand. The latter is a top provider for supplying engines for superyachts.
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IGY Marinas open new superyacht facility in France
As part of its strategic plan to build a strong presence in Europe, IGY Marinas has officially opened its new superyacht marina at Sète in the South of France. The purpose-built facility is able to berth the world’s largest yachts.
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Porto Montenegro to invest €500m over 15 years
In recent interviews with news outlets in Montenegro and Serbia, Danilo Kalezic, the senior PR manager for Porto Montenegro, has suggested that over the next 15 years as much as €500m will be invested in the Montenegrin marina.
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Sydney International Boat Show set for busy time
With just one week to go before the 52nd Sydney International Boat Show (SIBS) opens, the build-up to this – the biggest southern hemisphere marine leisure event – suggests it will be a busy five-day gathering. The IFBSO event, organised by the Boating Industry Association (BIA) and running from August ...
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Future Fibres and RigPro boost overseas resources
Two member companies of the North Technology Group (NTG) – Future Fibres and RigPro – have expanded their resources in Spain and the US respectively.
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Italian builder grows production
Absolute, the Italian yacht-builder, says it plans to expand production in its current fiscal year ending September 31, 2019 to 85 units compared to around 75 in 2016-17 – an increase of some 13%.
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Lignia in major supply deal with UK builder
All newly commissioned Spirit yachts will now be fitted with Lignia decking, a durable and sustainable alternative to teak. The Ipswich-based yacht builder, currently completing a Spirit 111 performance sailing superyacht, believes that Lignia will become “the industry standard for decking”.
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Inmarsat buyers provide assurances to UK government
Following the news that the proposed $6bn acquisition of the satellite communications group, Inmarsat, had been referred to the UK Competitions & Markets Authority (CMA) for clearance, the buying consortium has given reassurances to the UK government about its future commitments to the UK.
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UK’s Isle of Wight to strengthen marine infrastructure
In two recent actions, the UK’s Isle of Wight (IOW) Council has taken steps to buy key buildings related to the island’s important marine industry and released the latest masterplan for Newport harbour.
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Corporate changes at two UK yacht builders
Corporate changes to the ownership structures at both Fairline Yachts and Princes Yachts have recently been made known through filing to Companies House, the UK business register.
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Inmarsat takeover referred to UK competition authority
The takeover offer for global satellite communications firm Inmarsat has been referred to the UK Competition and Markets Authority on the grounds that the deal, which involves taking the company private, may have national security implications.
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Zeelander Yachts unveils new DutchCraft brand
Zeelander Yachts of the Netherlands has launched a new brand called DutchCraft. The first model in the series, the DutchCraft 56, will have its global debut at the Cannes Yachting Festival in September.
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MOU signed between HKCYIA and yacht insurance company
The Hong Kong Cruise & Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd in a move to offer insurance solutions to the superyacht community in Hong Kong. The MOU follows the one signed earlier this year with the Singapore Yacht Show organiser ...
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Ancasta grows turnover from new-boat and brokerage sales
One of Europe’s largest boat sales networks, operated by Ancasta International Boat Sales Ltd, achieved a 2.7% increase in turnover for the year ended August 31, 2018, based on growth in both new-boat and brokerage sales. The group’s profit fell back because of increased distribution costs and administration expenses, and ...
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Yacht attacked in Panama
Only one incident involving a yacht is mentioned in the latest report from the International Maritime Bureau (IMB) covering global marine piracy activity.
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MCY introduces enclosed flybridge models
Monte Carlo Yachts (MCY), the Italian motoryacht-building arm of Groupe Beneteau, is expanding its product offering, especially for the US market, by adding enclosed flybridges on the four smallest models in its range – the MCY 66, MCY 70, MCY 76 and MCY 80.
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Australia unveils major expansion plan for Two Rocks harbour in Perth
Plans for new 580-berth facility put out to public consultation
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Wider Yachts acquired by international trio of businesses
Beginning of a new era for the Italian brand
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Premier Marinas reports small fall in profits
Premier Marinas Ltd, one of the UK’s largest marina operators, has reported a 6% fall in post-tax profits to £4.782m for the 2017-18 fiscal year to September 30, 2018 compared with £5.088m in the year previous. The figures were filed with Companies House, the UK business register.