Latest News – Page 688
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MB92 sold to European investment firm
Marina Barcelona 92 (MB92) today announced that Squircle Capital, a European alternative investment firm focused on private equity and value-add real estate investments, has acquired 77.5% of the Spanish superyacht refit, repair and maintenance group. The transaction, which has received regulatory approval, is expected to close, subject to customary closing ...
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International dealer development award – call for entries
Amongst nine other categories, the IBI-METSTRADE Boat Builder Awards for Business Achievement in association with Raymarine, recognises success in building an international distributor/dealer network. If your company has made significant advances in the past 12 months in expanding its international footprint by appointing new distributors or dealers in export markets ...
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Rondal’s transformation delivers rich rewards
Rondal says its three-year transformation into a high-tech maker of towering composite rigs, deck gear and winches for high-end sail and motor yachts is taking it to new, unexpected markets.
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Sustainability takes centre stage at METSTRADE 2019
METSTRADE organiser RAI Amsterdam is to host three panel discussions on the subject of environmental sustainability on the InnovationLAB Stage at this year’s show.
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New CEO for CMP Group
Canadian anode and marine equipment manufacturer CMP Global has named Don Hambly as its new president and chief executive officer, effective immediately.
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MARIN launches foil research project at Monaco
Foils are everywhere these days – from water taxis to sailing yachts – but not enough is known about their performance in unsteady conditions.
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Norwalk Boat Show: smaller, buying crowds
The Norwalk Boat Show in Connecticut closed over the weekend with attendance down 11% from last year but many exhibitors reporting “quality buying crowds”, according to the show’s producer, the National Marine Manufacturers Association (NMMA).
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Canadian firm unveils all-electric PWC
Canadian snowmobile manufacturer Taiga Motors has introduced a new all-electric personal watercraft (PWC) that the company describes as “a new segment of personal watercraft, defined by conscious luxury, high performance, and connectivity.”
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France’s Atlantic show draws crowds
The Grand Pavois La Rochelle in-water and land-based boat show, which ended its six-day run yesterday, serves buyers from a wide catchment area on the Atlantic coast of France from Le Havre to Biarritz with visitors also attending from Paris and further afield and a small contingent from Spain and ...
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UK marina builder takes on regeneration project
Walcon Marine, the UK-based marina builder, is returning to Buckler’s Hard Yacht Harbour on the Beaulieu River in Hampshire to undertake a major regeneration project. Taking place over two winters, it will involve a complete rebuild of the marina, including extensions to the piers and the refurbishment and re-use of ...
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VBH opens German office
Dutch systems integrator Van Berge Henegouwen has opened an office in northern Germany in a bid to ramp up its presence worldwide. It is VBH’s third location outside the Netherlands.
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Genoa to host Ocean Race grand finale
The Italian city of Genoa has been chosen to host the grand finale of The Ocean Race 2021-22, marking the first time the fully-crewed, round-the-world yacht race will come to Italy. The news was announced on Monday at the 49th Genoa Boat Show.
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US jet charter firm moves into yachts
US flight charter service Apollo Jets is moving into the yacht market through its acquisition of Cambridge Yacht Group.
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Nauticus appoints Smart Tabs distributor for Italy
US trim tab manufacturer Nauticus Inc has chosen Indemar to distribute its Smart Tabs range of automatic trim tabs in Italy.
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Polish builder overhauls product range, plans new investments under new ownership
Polish boatbuilder Delphia Yachts Shipyard, a subsidiary of Groupe Beneteau in France, is aiming to intensify its expansion plans with the launch of new investments and the introduction of new models to its product range.
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Boatbuilders and suppliers urged to get nominations in for Boat Builder Awards 2019 as deadline approaches
International Distributor/Dealer Development spotlighted at the 2019 Boat Builder Awards, in association with Raymarine
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UK marina operators complete merger
The merger of UK marina operators Dean & Reddyhoff and Quay Marinas has now been implemented. The transaction brings together 11 marinas on the UK south coast, Bristol Channel, Irish Sea, the Clyde and East coast. A new nationwide cruising pass has been issued for berth holders offering access to ...
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Florida businessman accused of US$1.5m yacht Ponzi scheme
A Florida business owner was arrested Friday and faces multiple charges associated with operating his yacht brokerage firm as a Ponzi scheme and cheating four customers of US$1.5m.
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Sanlorenzo files application for listing with Milan Stock Exchange
Following its announcement in Cannes that it would pursue its planned initial public offering (IPO) stock listing, Italian yacht-builder Sanlorenzo today confirmed that it has filed an application to join the Milan Stock Exchange (Borsa Italiana).
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SA supplier opens Cape Town warehouse
South African marine supplies company Manex & Power Marine have opened a new warehouse facility in Maitland, the company confirmed last week.