All articles by David Robinson – Page 92
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News
Winch Design reports strong 2017/18
London, UK-based superyacht design studio, Winch Design Ltd, increased its turnover and pre-tax profit in the financial year ended May 31, 2018. The company, which also undertakes design work on houses, aircraft and other projects, described its yacht design activity as being ‘stable’.
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BIA rejects plans for 25% tax on new and used boats in New South Wales
The plan put forward by the New South Wales Labour Party to impose a 25% tax on new boats and second-hand recreational boats has been rejected by the Boating Industry Association (BIA), which was surprised by the announcement.
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Maritimo reports strong sales from Miami show
Australian yacht-builder Maritimo has reported that it experienced strong sales at the recent Miami International Yacht Show. The company, which is actively working to grow its presence in the North American market, used the show to debut two enclosed flybridge models – a beach club version of the X60 and ...
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New group lobbies for superyacht marina in Taiwan
A new group, the Kaohsiung International Marina Development Association (KIMDA), held its first meeting recently to develop plans for the establishment of a superyacht marina in Kaohsiung. The group was initiated by Captain Paul Brackley, who heads up Central Yacht in Hong Kong.
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V.Group acquires Global Marine Travel
V.Group and Inchcape Shipping Services (ISS) have switched their agency and marine travel interests between each other. It has not been disclosed if any money has changed hands or whether it is a straight swop of two business activities.
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€3.1m upgrade for Balearic port
A €3.1m upgrade to the port of Molinar in Palma de Mallorca is due to begin on March 18. The upgrade will include improvements to the marine facilities and related onshore buildings.
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DMCA upgrades Sea Dubai initiative
The Dubai Maritime City Authority (DMCA) has used the 2019 Dubai International Boat Show (DIBS) to launch new smart services and unveil an upgrade to the Sea Dubai initiative launched a year ago.
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UAE to introduce 180-day cruising permit
The UAE is planning to introduce a 180-day cruising permit once a number of outstanding points have been resolved. The initiative forms part of the country’s future strategy to attract more superyachts to the region, and its ambitions to develop the UAE’s marinas – particularly in Dubai – for winter ...
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Gulf Craft focuses on non-superyacht range at DIBS
Gulf Craft is calling 2019 “The Year of Nomad Yachts” as it harnesses a smart approach to family yachting with its range of environment-friendly vessels. In line with its serious steps to reduce its carbon footprint, Gulf Craft will be offering customers the solar-power option for all its yachts in ...
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Oceanco unveils new explorer SY concept in Dubai
The unveiling of a new superyacht concept by Oceanco has been a regular feature at the Dubai International Boat Show (DIBS) for several years, and for 2019 that concept is the 105m Esquel explorer superyacht. Oceanco says the design was “conceived and designed to explore new territories”.
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Egyptian firm makes first-time DIBS appearance
Dolphin Marine Group, an Egyptian supplier of marine equipment and services, is making its first-ever appearance at this year’s Dubai International Boat Show (DIBS) to grow its Middle East presence and highlight its planned expansion for later this year.
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SUTL Enterprise reports fall in 2018 net profit
Singapore-listed marina developer and operator, SUTL Enterprise Ltd, has reported a net profit of S$5.8m for the year ended December 31, 2018. This is a 14% fall compared with the restated S$6.8m recorded in 2017. Earnings per share slipped to S6.71 cents as against S7.81 cents in the year previous.
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Bilgin Yachts joins SYBAss
Turkey’s Bilgin Yachts has joined SYBAss, the Superyacht Builders Association. Membership is only granted to a yard once it has built three superyachts over 40m (131ft) in length.
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Berthon acquires UK marine firms
The Berthon group of companies in the UK has acquired BHG Marine and Willow Marine through its Lymington Marina subsidiary. The move comes not longer after the company acquired Marine IP, producer of the VersaDock mooring system.
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Marine & Property Group has busy start to 2019
The Marine & Property Group (MPG), which operates four marinas in Wales, has had an active start to 2019 with the opening of a new shed at its Cardiff shipyard, the launch of a discounted yachting visitor offering, and plans to purchase a building in its Aberystwyth marina to house ...
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British motoryacht brand restructures
UK motoryacht brand Birchwood, which is more than 50 years’ old, is planning to relaunch following a crowdfunding initiative. The company has plans for several new models.
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Greece extends marina privatisation plans
Greece’s privatisation agency, the Hellenic Republic Asset Development Fund (HRADF), is moving forward on two more marina privatisation projects in Mykonos and Rhodes. The news follows the acceptance, earlier this year, of an improved bid for Chios Marina. Meanwhile, the finalisation of the Alimos Marina privatisation is still awaited.
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Sanlorenzo turnover up 27% in 2018
Sanlorenzo names two new CEOs; forecasts 20% further growth for 2019 based on ambitious plans for new products, facilities and acquisitions
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NZ$100m boost to Auckland’s marine infrastructure
Auckland’s marine infrastructure is to receive a NZ$100m boost with plans to develop a new refit facility located at Site 18 in the city’s Wynyard Quarter. The new facility is expected to create a boom in marine jobs and deliver significant marine and tourism spending.