All articles by David Robinson – Page 98
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NewsSirena Marine holds global debut of new flagship at Cannes
Turkish yacht-builder Sirena Marine has held the world debut of its new flagship, the Sirena 88, at the Cannes Yachting Festival. For the future, Sirena plans to add new models both larger and smaller than the Sirena 88.
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NewsFerretti continues strong financial performance
The strong 2018 fiscal performance of the Ferretti Group, now comprising eight brands following the acquisition of Wally earlier this year, has continued into the first half of 2019. Complementing this is a €350m increase in capital from the group’s two shareholders, Weichai and Ferrari, and the prospect of an ...
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NewsSunseeker secures shareholder funding for next five years
Sunseeker International’s recently appointed CEO, Andrea Frabetti, confirmed at the company’s Cannes Yachting Festival press conference that its Chinese majority shareholder, Dalian Wanda, has committed £50m for new product development between 2019 and 2024.
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NewsSanlorenzo to implement IPO by year-end
The pace of development at Italian superyacht builder Sanlorenzo continues apace. At its annual Cannes Yachting Festival press conference, the yard covered topics including an upcoming IPO, new models in existing ranges, two new model ranges – one in the Yacht Division and the other in the Superyacht Division – ...
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NewsBluegame expands with new models and entry into multihull market
A major expansion of the Bluegame brand, under the Sanlorenzo umbrella, was announced at the start of the 2019 Cannes Yachting Festival.
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NewsEuropean autumn boat show season opens
With the opening tomorrow of the 42nd edition of the Cannes Yachting Festival (CYF2019), the busy European autumn boat show calendar will commence covering leading marine leisure markets in France, the UK, Italy, Monaco and Spain. The shows are being held in Cannes, Southampton, Genoa, Monaco and Barcelona between September ...
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NewsSignificant marine damage caused by Hurricane Dorian
While reports of the devastation caused by Hurricane Dorian over Great Abaco island, Grand Bahama island and other islands are only just filtering in, it is inevitable that significant damage will have been caused to the marine infrastructure of these two main islands, both important yachting locations.
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NewsPrincess at ‘loggerheads with Unite union’
On the day that Princess Yachts sent out a story about its success through 2019 and that it had doubled the number of apprentices it had appointed, a row with the UK trade union Unite has arisen over the fact that around 100 people are to be laid off.
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NewsAmico’s 4,000-tonne shiplift to start operation in October
New facility key part of €30m expansion programme
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NewsPendennis acquires Vilanova Grand Marina
Multimillion-euro deal sees UK yard buy majority stake in Spanish superyacht marina
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NewsBurgess Yachts signs partnership deal with Boat Lagoon Yachting
New link to strengthen superyacht activities in Thailand
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NewsRiviera notches up more than 30 orders from two key shows
Company owner thanks workers at special ceremony
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NewsSilver Yachts owner reports 38% revenue increase in first half 2019
Delivery of latest superyacht contributed to Chinese parent company’s strong results
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NewsAsian involvement with Clipper Round-the-World Race grows
The Clipper Round-the-World race, which has long had a strong connection with Asia, especially China, is seeing an expansion of these links with new teams being entered by South Korea and Vietnam.
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News“World’s largest travel lift” given colourful official launch
What is said to be the world’s largest marine travel lift, the 1,120-tonne capacity named ‘Bessy’, was officially launched into service earlier this month at the BSE Maritime Solutions-Cairns Slipway shipyard in Cairns, Australia. The launch combined a dramatic mix of lights, fireworks and music.
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NewsNew Fiji marina aims to be ‘plastic free’
The new 150-berth Nawi Island Marina in Fiji, which is due for completion by November 2020, plans to be one of the first green marinas in the world by banning single-use plastic bags. The marina and associated resort will also be powered by renewable solar energy.
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NewsUK marine hydraulics specialist opens Spanish workshop
UK-based Armada Engineering, a leader in the marine hydraulics market and for which superyachts represent a large and growing part of its activities, has expanded its operations with the opening of a workshop at MB92 in Barcelona. The new centre is part of its commitment to expand its services in ...
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NewsThailand boosts tourism industry to help combat economic woes
Thailand’s economy is experiencing hard times due to the US-China trade sanctions, a drought and a bull market for the Baht. In response, the government has launched a Baht316bn (US$10.3bn) stimulus package specifically focused on tourism and agriculture. Expanding marine tourism is a key element of Thailand’s tourism industry development ...
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NewsCharter firm renews partnership with Antigua Sailing Week
Dream Yacht Charter, the world’s largest privately owned yacht charter firm, has entered into its second three-year partnership with Antigua Sailing Week as the official exclusive bareboat sponsor for one of the world’s most popular sailing regattas.
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NewsUK yard reports 53% rise in post-tax profits
Falmouth, UK-based Pendennis Shipyard has reported strong performance in 2018, with record turnover and a 53.1% increase in post-tax profits – thanks, in part, to a £1.2m tax credit which accounted for 27.8% of the profit for last year. The company has also acquired a new 800-tonne travel lift.
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