All articles by David Robinson – Page 93
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News
Clipper Race forges new partnerships and renews others
With the joining of Zhuhai as a new host port for the 2019-20 Clipper Round The World Race, the event will now have three Chinese ports of call – the others being Sanya and Qingdao. The city of Zhuhai has signed up for an initial three-year sponsorship deal with Clipper.
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Three bidders in contention for Alimos Marina concession
The 1,110-berth Alimos Marina in Greece, the largest in the Athens area, has selected three out of an initial 10 bidders to proceed to the next round of winning the 40-year privatisation concession for the facility. The news was announced by the Hellenic Republic Asset Development Fund (HRADF), also known ...
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DP World boosts revenues by 20%
DP World, the parent company of P&O Marinas, Dubai Maritime City and Drydocks World, has reported a 20% increase in revenues for the financial year ended December 31, 2018. The acquisition of Dubai Maritime City (DMC), a key facility for yacht repair, maintenance and refit work, along with the purchase ...
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International sail-maker to open new sales location on US northeast coast
International sail-maker North Sails is opening a sales office covering the US northeast coast. The new office, located at Newport Shipyard in Rhode Island, will open on May 1, 2019.
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EU adds Bermuda to tax haven blacklist
Bermuda is one of 15 countries that has been blacklisted by the EU for not having proper governance over tax standards. With Bermuda a leading superyacht flag and location for ownership structures, its blacklisting could have a direct impact on the yacht sector. The EU move appears to have come ...
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Discovery Yachts Group to work with Berthon in Spain
A new partnership has been established between the UK’s Discovery Yachts Group and the Spanish arm of the UK’s Berthon Group. The two companies will work together to deliver sales and service in the Balearic Islands, with Berthon Spain becoming Discovery’s ‘brand ambassador’ for the region.
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Seawork plans larger Superyacht Trail for 2019
The three-day commercial marine and workboat exhibition is also planning new areas with leisure marine features
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Montenegrin marina development wins Best in Europe award
With marinas increasingly becoming ’destinations’ rather than just places to moor a yacht, added-value facilities are playing an increasingly important role. Three Eastern Mediterranean marinas – two in Montenegro and one in Northern Cyprus – support this trend, winning awards for their high-quality development.
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Inmarsat extends Fleet One deal to two other Groupe Beneteau brands
The partnership that began last year between Inmarsat and Groupe Beneteau brand Lagoon has now been extended to include both CNB and Beneteau, with other group brands likely to follow.
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Leading classification society introduces remote surveys
All vessels classed by leading classification society DNV GL can now make use of a new option to have some inspections undertaken remotely using the new Veracity data platform. This new digital option could prove a significant development and ease pressure on the number of available surveyors.
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Major investment proposed for Cairns Marine Precinct
A major multimillion-dollar investment is in prospect for the Queensland port of Cairns which, if implemented, could see local shipyard capacity enhanced and new common-user facilities developed. The proposals are contained in a study called the Cairns Marine Precinct (CMP) Growth Strategy.
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IEC Telecom boosts involvement in Scandi yacht-racing
Global satellite communications firm IEC Telecom has strengthened its ties with the Scandinavian yacht-racing sector through a new collaboration deal with Sports-Partner AS, organiser of the Skagen Race.
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Green light for Mauritian masterplan
The strategic development plan commissioned for the Mauritius Ports Authority (MPA), which runs up to 2040, includes options for both new facilities for yachts and upgrades to existing facilities.
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Fincantieri acquires minority stake in Italian shipbuilder
The global shipbuilding and Italian state-owned group Fincantieri has acquired a minority stake in the Genova Industrie Navali (GIN) shipbuilding business. The transaction also includes an option for Fincantieri to buy a minority stake in the T Mariotti shipyard, a subsidiary of GIN which has a dedicated yacht-building arm, Mariotti ...
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Palau Ship Registry introduces new registration options
The Palau International Ship Registry (PISR) has introduced three new yacht registration options for chartering. Yacht owners can now choose from a one-year, three-year or five-year registration that offer different costs and come with no annual fee.
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AYH pursues initiative to record history of yachting
The annual general meeting of the Association of Yachting Historians (AYH), held last weekend, highlighted its core objective of recording the history of yachting in the UK and elsewhere.
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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.