Latest News – Page 674
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NewsOver 100 superyachts expected to visit Australia in 2020
Following the promotion of Australia and the South Pacific region at the Monaco and Ft Lauderdale shows, Superyacht Australia is anticipating that over 100 superyachts will visit the country next year. The America’s Cup races being held in Auckland, New Zealand in 2021 is a factor in this increase.
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NewsACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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Cornes Chart Group buys digital navigation provider
Two leading suppliers of navigation charts, software and equipment have joined forces to create what is claimed to be the largest charts supplier in the world. Cornes Chart Group has acquired navigation systems supplier GNS. The deal follows Cornes’ acquisition of US and Singapore-based Safe Navigation earlier this year to ...
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NewsBalance Catamarans reports orders boost for new 482 model
Newly-launched Balance Catamarans Cape Town had confirmed five orders for the new Balance 482 on the back of a successful Annapolis show.
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NewsKudos for Hull Vane from a French naval giant
French defense giant Naval Group has model-tested the Hull Vane and says the below-the-transom wing “significantly improves” powering, seakeeping and stealth capabilities of naval vessels and cuts their fuel consumption.
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NewsAxopar looks to major expansion over next two years
Launch of new Axopar 37 at Boot Düsseldorf to play a key role
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NewsMJM Yachts makes US$12m investment in North Carolina
MJM Yachts, the Boston, Massachusetts-based builder of “eco-friendly motoryachts”, is creating a new shipyard in Washington, North Carolina with a US$12m investment and the promise of creating more than 200 jobs over the next five years.
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News3rd International Superyacht Summit to be held in Dubai
Under the patronage of Dubai Ports World subsidiary P&O Marinas, the third edition of the International Superyacht Summit is to take place in Dubai next year from March 11-12.
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NewsStrong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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NewsKVH reports softer third quarter results
Mobile connectivity and inertial navigation system manufacturer KVH Industries posted total revenues of US$39.3m in its 2019 third quarter results, while celebrating the shipment of its 10,000th VSAT system.
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NewsRolls-Royce and Sunseeker sign frame agreement for MTU engines
Rolls-Royce and UK boatbuilder Sunseeker International have signed a new frame agreement for the supply of MTU yacht engines. The contract, signed during the Ft Lauderdale International Boat Show (FLIBS), runs until the end of 2022 and covers a total of over 90 MTU Series 2000 V10, V12 and V16 ...
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NewsUK SY tender manufacturer to present at Cornwall Marine Conference
Henry Ward, the design director of Cockwells Modern & Classic Boatbuilding in the UK, a leading bespoke superyacht tender builder based in Mylor, will make one of three presentations at the annual Cornwall Marine Conference. The event is being held on November 14 at the National Maritime Museum in Falmouth.
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NewsTwo global firms win La Ciotat shiplift design-build contract
La Ciotat Shipyards in the South of France has awarded the design-build contract for a new 4,300-tonne shiplift to a partnership between French company Matière and US-based Bardex Corp.
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Mechanical Products appoints new sales rep
Mechanical Products Company (MP), the US-based circuit breaker specialist, has added IMDS to its team of sales representatives.
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NewsParty with the USA at METSTRADE
The nearly 90 METSTRADE exhibitors from the US will host a reception on Day Two of the 2019 international trade conference in Amsterdam on 20 November.
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NewsNo London Yacht Show until at least 2021
There will be no London Yacht Show in 2020. This was confirmed to IBI by Andrew Williams, president, Maritime for Informa, the owner and organiser of the event following its takeover of the former London On-Water Show in 2018. Informa is also the owner and organiser of other leading yacht ...
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NewsNZ sets up Marine Electrification Fund
New Zealand has set up a Marine Electrification Fund to encourage the use of electric propulsion and has announced the first recipients of four grants. These are for passenger ferries and the world-famous Shotover Jet canyon river ride boats.
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NewsAmsterdam ‘Bubble Barrier’ traps plastic but not fish, boats
In a global first, an environmental project has been launched in the Port of Amsterdam that uses a curtain of rising air bubbles to trap plastic waste preventing it from reaching the North Sea.
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NewsMaldives Marine Expo 2020 gets new dates, location
Since it started in 2014, the annually-held Maldives Marine Expo (MME) has made consistent progress each year and this is planned to continue for the 6th edition in 2020 when it is hoped to find a new location that will allow the on-water show and the exhibitor stands to all ...
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