Latest Company News – Page 238
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NewsCMC Marine grows presence in China and Taiwan
Italian stabilisation specialist CMC Marine recently organised a roadshow in Taiwan to present its products to the Asian market. The company organised a series of events and meetings at Kha Shing’s Pier 22 Marina in Kaohsiung, with over 30 managers from the main shipyards in the area (including Ocean Alexander, ...
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NewsConsistent expansion as Fairline rebuilds and grows
Since the new ownership took over at Fairline Yachts in early 2016 following the collapse of the company, Fairline’s management has pursued a consistent strategy of rebuilding resources and investing in new product development, new facilities and existing facility upgrades. This continues, with some staggering to match operational needs with ...
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NewsBarrus expands chandlery market activities
British marine engine and equipment distributor EP Barrus has announced it has reached an agreement to become a distributor of Akzo Nobel’s International Paint brand in the UK. Late last week it also signed an exclusive distribution agreement to represent the Italian company Glomex’s line of antennas and connectivity products ...
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NewsPursuit signs new Canadian dealer
Fort Pierce, Florida-based fibreglass fishing boat builder Pursuit Boats has expanded its global dealer network with new representation in western Canada.
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NewsDutch boatbuilder says future looks “rosy”
Dutch boatbuilder Saffier Yachts says it built 47 daysailers in 2017, 52 in 2018 and will produce 61 this year. The Dutch yard expects growth to continue, by leaps and bounds, in the years ahead.
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NewsAzimut-Benetti celebrates 50 years at stylish gala event
The Azimut-Benetti Group celebrated reaching 50 years of age in style at a gala event at the famous Eilenroc Villa with over 500 people, including at least 250 clients participating. The event went on long into the evening and included a bespoke fashion show by Giorgio Armani. Azimut-Benetti is the ...
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NewsStingray celebrates 40th anniversary with three new models
Fibreglass boat builder Stingray Boats celebrated a major milestone at its annual dealer meeting this week as the company marked 40 years in the boatbuilding industry.
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NewsNauticStar Boats receives NMMA Export Global Star
The National Marine Manufacturers Association’s (NMMA) latest Global Star for Exporting recipient is NauticStar Boats.
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NewsPearl Yachts introduces new Pearl 62
The UK’s Pearl Yachts has announced a new model, the Pearl 62, at the Cannes Yachting Festival. Alongside this, the company also highlighted a strong sales position over the past year.
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NewsFire destroys Rhode Island boatbuilding facility
A fire at Wickford Shipyard in Rhode Island early Tuesday morning destroyed the building housing George W Zachorne Jr and Sons, a builder of wooden sailboats since the 1980s, as well as Coastal Ironworks.
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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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NewsNew models from Beneteau Group, but strategy remains under wraps for now
Beneteau Group kicks off rain-soaked Cannes show with announcement of new boat concepts and models
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NewsSunreef to develop new power superyacht range
Polish catamaran builder Sunreef Yachts announced at the Cannes Yachting Festival that it is to launch a new range of power catamarans which will include both superyacht-sized models and smaller sizes with superyacht styling.
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NewsSchmitt & Ongaro expands in Europe
Schmitt & Ongaro Marine Products in the US has signed two new distributors in Europe – UK-based Hypro Marine and Jan Comstedt AB in Sweden. Company president Tim Schmitt made the announcement.
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NewsBlue Sea Systems fully operational after fire
Eight months after fire took out its warehouse and some US$3m in inventory, Blue Sea Systems in the US has a new facility that is fully operational and all 75 employees of the company are back at work.
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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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NewsSunseeker names new US dealer
Grande Yachts International to serve clients in various states and regions of America including Boston, Chesapeake Bay, Florida (excluding Miami and Monroe County), and a number of the Southern states
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NewsHonda updates large outboards
Targeting what it calls the “heart of the boating market”, Honda Marine has released new versions of its three largest outboard motors.
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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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