All articles by David Robinson – Page 98
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News
GYG has successful first year as AIM-listed company
In its first year listed on London’s AIM stock market, the Global Yachting Group (GYG) has reported strong financial results to December 31, 2017, including a 14.7% rise in group revenues to reach £62.6m compared with £54.6m in 2016.
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Paul Allen, serial superyacht owner, dies of cancer aged 65
Paul Allen, the co-founder of Microsoft with Bill Gates, and the owner of a number of superyachts, has died aged 65 after battling non-Hodgkin’s lymphoma. He was ranked as the world’s 21st richest person by Forbes magazine with an estimated fortune in excess of $20bn.
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New superyacht event planned for Auckland
A new event called the ‘The Superyacht Gathering’ is to be held in Auckland, New Zealand from March 27-29, 2019. It will be held in the lead-up to the 2021 America’s Cup in Auckland and is expected to become a regular annual event.
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Bordeaux to offer superyacht refit and wintering facilities
Atlantic Port of Bordeaux is making a pitch to enter the superyacht refit and winter home port market. At the Monaco Yacht Show, Atlantic Port of Bordeaux, based at Bacalan on the River Garonne in the city centre, gave details of its facilities.
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Dogus reportedly seeks buyers for hotel assets to ease debt position
Turkish conglomerate Dogus Group, which owns significant yacht marina and shipyard assets, is reportedly looking to sell a sizeable chunk of its assets to ease its debt burden.
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Lürssen signs order for small superyacht
Like other builders of large superyachts, Germany’s Lürssen used the Monaco Yacht Show to promote the message that it can also build small superyachts. To underline this, Lürssen has announced a new order for a 54m (177ft) for a very experienced Asian yacht owner.
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News
Barcelona International Boat Show expands for 2018
More boats, exhibitors and a larger display area all reflect the strategy of the Barcelona International Boat Show (BIBS) to enhance its position as one of Spain’s leading marine leisure events. The 2018 BIBS, its 57th edition, will be 8% larger compared to last year and its main themes are ...
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News
Anchor-VR enters superyacht market
Anchor-VR, a specialist in the developing Virtual Reality (VR) technology sector, is entering the superyacht market to build awareness among superyacht services providers of what VR can offer.
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News
Pendennis to expand Med presence
UK yacht refit and builder, Pendennis Shipyard, is to significantly expand its Mediterranean presence with a major investment in a refit facility located at Vilanova Grand Marina – Barcelona.
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News
Green light for major expansion of Australian marine precinct
The Mayor of the City of Gold Coast, Tom Tate, has thrown his support behind the next phase of the evolution of The Boat Works in Coomera, Australia, declaring its plans for expansion a “major project” of particular significance to the region for the size of investment and the impact ...
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NewsUAE development to include marinas
A new Dhs15bn (US$4bn) project has been announced in the UAE regarding the development of a ‘riviera-styled’ neighbourhood at Ghantoot on the border between Abu Dhabi and Dubai.
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News
GCCM to invest A$100m-plus to double capacity
On the anticipation of larger superyachts visiting Australia in the coming years, Gold Coast City Marina Shipyard (GCCM) has announced plans for a A$100m-plus investment to double the size of its facility in Coomera. GCCM has already handled superyachts of over 70m (230ft) such as the 73m MY ...
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News
MB92 wins La Ciotat shiplift concession
An €84m investment in expanding its facilities was announced by La Ciotat Shipyards at the recent Monaco Yacht Show. The €84m included €64m for a new 4,000-tonne capacity shiplift facility and €20m for a new marina village.
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News
Malta Maritime Summit to review island’s marine industry
The annual Malta Maritime Summit, which runs from October 2-5, will present an opportunity to review the island’s significant marine industry and identify where changes and improvements are appropriate.
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NewsAmico announces major expansion of Genoa refit facilities
Amico & Co, the Italian superyacht refit and repair yard based in Genoa, is launching a major expansion of its facilities believed to be worth some €35m.
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NewsNobiskrug unveils 80m Artefact at Monaco
A new 80m (263ft) hybrid superyacht named Artefact (formerly known as Project 790) has been unveiled at the Monaco Yacht Show. The vessel, which has a refreshingly different exterior look, is set to be delivered next year.
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NewsFerretti expands superyacht involvement
At its annual Monaco press conference, Italy’s Ferretti Group said that yacht sales since September 1 – a period that included the Cannes Yachting Festival and a special Monaco marketing event – totalled over €100m.
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News
Perini Navi outlines growth plans
Italian superyacht builder Perini Navi has provided an update on its corporate structure, product range and order book. Following the restructuring of the company last year, the Tabacchi family has increased its shareholding so that it now has a 75% stake in the company. Since the changes, all Perini Navi ...
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News
Lürssen fire may result in €590m insurance claim
The recent serious fire at Lürssen’s Bremen-Aumund shipyard in Germany, in which a 100m-plus superyacht in a floating dock was damaged to an unknown degree, presents the prospect of an insurance claim as high as €590m.
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NewsCannes Yachting Festival 2018 ‘best of recent years’
The 2018 Cannes Yachting Festival (CYF2018), its 41st edition, was described by a number of exhibitors as “the best of recent years”. However, the announcement of plans to move the sailing yachts and multihulls to Port Pierre Canto for 2019 has generated mixed opinions.
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