Latest Company News – Page 235
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NewsFerretti Group cancels planned IPO
Despite strong sales results and reported investor interest in an IPO offering 30% of the Italian yacht builder’s shares, the Ferretti Group nevertheless decided to pull the plug on the public listing in the final hours of the offer period. The builder cited deteriorating conditions in the financial markets which ...
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New French technical consultancy established
After working for the Federation des Industries Nautiques (FIN) for 20 years as its technical manager, Gregiore Dolto has established his own consulting company – CTN Conseil (Connaissances Techniques du Nautisme).
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NewsKVH appoints Southern Africa regional service provider
Global satellite communication specialists KVH have appointed Cape Town-based maritime service Anchora Enterprises as their regional Southern Africa service provider.
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UK marine firms to develop new lifecycle assessment tool
With a growing emphasis on sustainability in the marine leisure market, a new tool for lifecycle assessment (LCA) for the recreational and performance yachting sector is planned to be developed by an international collaboration between marine logistics specialist GAC Pindar and UK-based MarineShift360 that works to drive sustainability initiatives.
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NewsBig superyacht contract for VABO Composites
VABO Composites of the Netherlands is building one of the largest composite arrangements ever in the superyacht industry: the superstructure and mast of a yacht of Feadship member Royal Van Lent.
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NewsFerretti withdraws IPO
Despite positive orders, the company said current market conditions didn’t produce a sufficient valuation
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NewsNew aluminium boat builder enters SA market
Mountain Marine, a new Cape Town aluminium boat builder, has launched itself into the local market with two major custom projects.
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NewsHansen Protection expands UK presence
Ocean Safety, specialists in the worldwide supply, distribution, service and hire of marine safety equipment, has been appointed by Hansen Protection to distribute their range of emergency immersion suits, work suits and thermal protection suits in the UK and Ireland.
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NewsAnnapolis Yacht Sales announces charter division
Annapolis Yacht Sales (AYS) is partnering with Navigare Yachting to bring a new yacht charter service to the Chesapeake Bay area of the US.
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NewsBeneteau CEO points to new strategic direction in Les Echos interview
The hundreds of suppliers and dealers for one of world’s largest boatbuilders should expect significant changes in the coming year; Former CEO takes issue with successor’s statements
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NewsFirst sale of direct drive diesel microturbine generator for superyacht
The rebuild of the 42.06m (138ft) classic superyacht Istros by Feadship in Makkum will include the installation of the first-ever direct-drive DC C65 diesel microturbine generator for marine use. The sale was made by Capstone Turbine Corp of the US through Seven Turbine Power BV, Capstone’s exclusive distributor for Belgium, ...
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NewsEcoworks Marine expands in Asia
Seal Superyachts to distribute the Ecoworks range of environmentally friendly cleaning products on the Asian market
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NewsSureShade opens new corporate headquarters
New 11,000 sq ft headquarters and plant opens on National Manufacturing Day
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NewsTecnoRib expands in Oceania
TecnoRib, the official licensee of the Pirelli brand of inflatable boats, has signed an agreement with Barbagallo Marine for the official distribution of its RIBs and jet tenders in Australia.
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NewsAwlgrip named official coatings supplier for US entry in 2021 AC
AkzoNobel, the Dutch multinational paints and performance coatings maker, says its Awlgrip brand will go on the hull of American Magic, the US entry in the 36th America’s Cup race in 2021.
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NewsFerretti extends its IPO offer period
In view of the ongoing discussions with institutional investors, the Italian yachtbuilder Ferretti Group has extended the offer period for the pending listing of its shares on the Milan Stock Exchange
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NewsTrafalgar Shipyard rebrands
The UK’s Trafalgar Shipyard – formerly known as Trafalgar Wharf Shipyard and part of The Trafalgar Group, formerly known as Trafalgar Wharf Group – has undergone a rebranding with a new corporate brand name, new slogan, and a new focus.
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NewsFerretti IPO roadshow ends in Zurich tomorrow
CEO Alberto Galassi lays out Ferretti’s prospects to investors in London, Frankfurt, Paris and Zurich this week ahead of its debut on the Milan stock exchange.
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NewsBanten appoints master distributor for UK and Ireland
Banten, the Italian antenna manufacturer, has chosen Marathon Leisure as its master distributor for their leisure, professional and commercial antennas in the UK and Ireland.
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NewsHorizon holds 2nd annual Rendezvous Down Under
Taiwan’s Horizon Yachts held its 2019 Global Horizon Yachts Owner Rendezvous in Australia’s Whitsunday Islands last month.
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