Latest Company News – Page 250
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Fraser sells nine yachts in three weeks
Monaco-based Fraser Yachts, part of Italy’s Azimut-Benetti Group, has announced the sale of nine yachts in just three weeks.
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Videoworks expands product range to provide for smaller yachts
Yachts now under 20m present new market
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Seatorque Control Systems name Halyard as exclusive distributor for the UK, Europe and Scandinavia
Seatorque Control Systems, a leading-edge technology propulsion systems’ manufacturer based in the US, has named Halyard as its exclusive distributor for the European and Scandinavian markets. Headquartered in the UK ,Halyard is an industry leader in the design and development of sophisticated and specially designed exhaust systems. Seatorque is renowned ...
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Cape Panwa Hotel Phuket Raceweek looks overseas for expansion
Cape Panwa Hotel Phuket Raceweek organisers are looking to expand overseas and grow international participation in the regatta over the next five years. With international promotions, a series of road trips to key markets and Phuket’s growing appeal as a world-class sailing destination, organisers are confident in growing the regatta’s ...
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Tankoa Yachts' second 50m launch marks latest step in expansion
Italian superyacht builder, Tankoa Yachts, is working through a carefully orchestrated growth plan. The launch of the second hull in its 50m series, named the Binta D’Or, marks the latest step in this plan which was first outlined at the Monaco Yacht Show last year.
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SA milestone as Nexus/Balance 601 leaves yard
South African joint venture partners Balance Catamarans and Nexus Yachts have launched the last of their original model, the 60ft Balance 601, in St Francis Bay. The model is being retired in favour of a modernised version, the Balance 620, which is currently in the tooling stage.
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Dutch stabiliser-maker names Turkish distributor
Dynamic Marine Systems Holland, the Dutch maker of roll-damping systems, has named Istanbul-based Arti Marin Mobil Enerji Sisemleri AS as its distributor for Turkey.
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Bavaria restructures
The growth of German boat manufacturer Bavaria Yachts is apparently slower than expected. On Monday afternoon, a regional TV broadcasting website reported that around 5% of the workforce will have to leave. A company spokesman told float magazine that 24 employees have been laid off.
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US yacht supplies company opens NZ branch
US yacht supplies and logistics support group, National Marine Suppliers, has expanded with the opening of a new branch in Auckland, New Zealand.
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Multiflex Marine opens European warehouse
Multiflex Marine, an India-based steering and control cable manufacturer, is host the grand opening of its new European warehouse in the Netherlands this week.
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Dutch SY builder acquires new build halls
Dutch superyacht builder Oceanco has acquired two large build halls from Heerema Fabrication Group, a builder of offshore constructions that has fallen victim to deep cuts in investments in the oil and gas industry.
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Balmar appoints Swedish distributor
US-based Balmar DC Charging Solutions has appointed Start & Generator as its distributor for Sweden.
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Memories Group considers expanding Myanmar marine infrastructure
The Singapore-listed Memories Group is considering expanding its marine activities in Myanmar with the possible development of a marina and shipyard. The new projects would support the group’s initial marine-related investment made in 2018 with the acquisition of Burma Boating.
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Mercury Marine breaks ground on US$17m propeller expansion
Mercury Marine has broken ground on a 30,000sq ft, US$17m addition to its propeller casting facility in Fond du Lac, Wisconsin that will nearly double the current capacity for stainless steel propeller production.
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Navigare Yachting partners with Fraser Yacht Sales in Vancouver
Navigare Yachting brings Vancouver dealer Fraser Yacht Sales to distribution network
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Damen Shipyards, Adriatic Marinas launch recruitment for yacht repair facility
New luxury yacht repair yard begins recruitment
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Evinrude named official engine supplier to America's Cup challenger
Evinrude to outfit American Magic’s fleet of chase boats with 300 HP E-TEC G2 engines
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Bass Cat Boats signs East Asian distributor
Showa Denki Group Marine named as exclusive distributor in Japan, Thailand, Taiwan and South Korea
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MasterCraft UK offers bespoke coaching to SY owners
Superyacht owners with a bespoke MasterCraft tender can now have their own tailor-made coaching and training event with a top British wakeboarder
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Amer Yachts picks up design award in Los Angeles
Italian builder presented award in Los Angeles