Latest News – Page 759
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News
Hamble School of Yachting acquired
Clipper Ventures, organiser of the Clipper Round the World Yacht Race, has acquired the Hamble School of Yachting, one of the Royal Yachting Association’s (RYA) leading UK sailing schools. The acquisition, for an undisclosed price, is part of Clipper’s strategy to grow its involvement with offshore sailing.
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NewsFinnish industry calls for change to school summer holiday timing
Marine companies in Finland are calling for a change to the summer school holiday period, requesting that schools close at least two weeks earlier in August.
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NewsGreek privatisation agency accepts bid for Chios Marina
Greece’s privatisation agency, the Hellenic Republic Asset Development Fund (HRADF), has accepted an improved bid of €6.21m for the 180-berth Chios Marina in return for a 40-year concession on the facility.
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Florida firms choose VesselVanguard
Two Florida-based yacht management firms – Lauderdale Marine Services and Propwash LLC – have chosen VesselVanguard to facilitate their boat maintenance management services for yacht owners.
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NewsBenetti formalises strategic partnership with Australian refit yard
Brisbane, Australia-based Rivergate Shipyard & Marina has formalised its long-time partnership with Benetti, with it being selected as the Italian brand’s strategic partner in Australia and the Pacific.
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NewsNZ distributor moves to new premises
New Zealand’s Lusty & Blundell Ltd (L&B) has moved its Tauranga branch to new premises at Sulphur Point
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NewsLiqui Moly reports record 2018
Liqui Moly, the German oil and additives specialist, has reported record turnover of €544m during its first year as part of the Würth Group – a modest increase of just 2% over the previous year. Trade disputes, a weak Russian ruble and low crude oil prices are mostly to blame ...
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Three companies team up to build Nordic group for boat equipment
After working together under the same ownership since July 2017, Sweden’s Hjertmans and Norway’s NMS (Maritim) have joined forces with Sweden’s Byggplast (SeaSea). The goal is to conduct an even wider Nordic consolidation focusing on profitability.
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NewsCustom Line ends record year with two SY launches
Two new Custom Line yachts have launched in the same week at Ferretti’s superyacht yard in Ancona, Italy – Maria Theresa, the sixth Custom Line Navetta 33, and Dilly Dally, the sixth Custom Line Navetta 37.
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NewsBrexit conclusion far from clear; British boating industry readies for 'No Deal'
Confused about what Brexit means? So are most Britons. British boatbuilders and equipment manufacturers prepare for a ‘no deal’ scenario.
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NewsAustralia welcomes MY Aurora
The Lürssen-built MY Aurora arrived in Brisbane, Australia, last month after a 12,000Nm voyage and is currently undergoing minor works at Riverate Marina & Shipyard, as well as engine checks, refuelling and provisioning. At 74m (243ft), it is the largest yacht to have ever visited the city.
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NewsTecnorib expands Benelux presence
Tecnorib, the official licensee for Pirelli-branded RIBs, will be exhibiting its complete Jet Tender line for the first time ever at boot Dϋsseldorf next year. A Pirelli 880, whose 100th sale was recently celebrated, and a T65 model will also be on display.
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Greek privatisation agency seeks improved deal on marina
The Hellenic Republic Asset Development Fund has requested an “improved binding offer” for Chios Marina
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Yanmar invests in new partnership initiatives
Engine manufacturer Yanmar says it is investing in new partnerships and initiatives in 2019 that are designed to drive growth, sustainability and awareness in the recreational boating industry.
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News1st China yachting summit planned for 2019
A new strategic summit which will address the prospects for yachting, marine tourism and related infrastructure in China is planned to be held in Hainan from March 25-27, 2019. The event follows a recent roundtable held in Hainan to discuss the Chinese market and in particular the plans for Hainan, ...
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Canada tariffs on US product set to remain in place after all
New information from its legal counsel and the Canadian government contradicts that initial annoucement and that Canada’s 10% retaliatory tariff on US boats remains in place
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US builder winds down operations
Panga Marine in the US is shutting down operations and is being offered for sale as a “turn-key boat manufacturer”, according to owner Rob McDaniel and the listing agent.
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NewsNew Tahiti superyacht cluster
Tahiti Tourism is stepping up its support of the superyacht market by creating a cluster of committed yachting professionals. This is designed to meet the challenge of 2021, when the number of visiting superyachts is expected to double in the Islands of Tahiti before, during and after the America’s Cup ...
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St Lucie County close to SY repair yard deal with Derecktor
A new superyacht repair yard is one step closer to fruition at the Port of Fort Pierce, Florida, the details of which should be settled by mid-February.
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Eliminator Boats sold
California-based Eliminator Boats has been sold from receivership to RevLine LLC, an investment group headed by Eliminator general manager Jake Fraleigh and his business partner, Todd Mobraten, for a reported US$1.5m.
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