Latest News – Page 517
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Fairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019
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People on the Move this Week
New appointments announced at Candela, Osculati, Ocean Independence and more…
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EBI and The SeaCleaners to host webinar on tackling marine litter
European Boating Industry (EBI) and The SeaCleaners, the NGO created by French sailor and ecologist Yvan Bourgnon to combat plastic pollution, are holding a webinar on 19 May to present opportunities for boaters and the industry to become involved in tackling marine litter. Held on European Maritime Day, the webinar ...
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Supplying the supply chain: containers in short supply too
Another weak link in the supply chain: shipping delays, lack of containers and soaring freight costs. How long will it last?
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Arksen sells first 85 Explorer, two more to be built on spec
Project Ocean due for delivery in spring 2022
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Partnership clears last hurdle toward Dana Point revitalisation
The project is expected to be completed in 2026
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ENATA launches first Foiler with Royale Cabin layout
New layout features a front cabin and luxurious sofa at the stern UAE-based ENATA Industries has launched the latest in its Foiler flying yacht series. Known as the Royal Cabin model, it combines ENATA’s foiling technology with a new layout that features a front cabin and a ...
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Prospects bleak for Russian yacht charter operators
Europe’s sluggish vaccine roll-out and the threat of more lockdowns dash hopes of Russia’s struggling charter brokers
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INEOS Team UK to challenge for 37th America’s Cup
Royal New Zealand Yacht Squadron accepts challenge
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Superyacht burns and sinks off Key West
La Dolce Vita burned to the waterline and sank in shallow water A clean-up is underway after a 100ft-long motoryacht caught fire near the Marquesas Keys, a designated wildlife refuge around 20 miles to the west of Key West in Florida. The yacht is reported to be ...
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Maritimo focuses on US with major commitment at next week’s Palm Beach show
Tom Barry-Cotter announces eight new models for 2021
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‘Made in Britain’ designation valued at £3.5bn a year to UK businesses
Freeport choices could also help UK marine leisure industry in post-Brexit initiatives
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Applied Underwriters acquires UK yacht insurance firm
Acquisition fits with Applied Underwriter’s long-term growth strategy of investing in niche insurance areas
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Semiconductor shortage could have broad implications for boat industry
A perfect storm of tight supply and growing demand has left marine equipment manufacturers struggling to secure supplies of an increasingly critical component. IBI speaks to Navico CEO Knut Frostad and Raymarine General Manager Gregoire Outters for additional insight.
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Sanlorenzo confirms 2020 results and profitability
Italian yacht builder Sanlorenzo approved draft financial statements for 2020, revealing strong profit gains on stable revenues and a growing backlog
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Boatbuilders join Volvo Penta online for assisted docking launch
Automated docking system webcast features appearances from Beneteau, Azimut Benetti and Tiara executives
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Osculati hires new sales manager
Francesco Caramaschi joins Italian marine accessories firm with immediate effect
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Honda, Toyota halt North American production as supply chain woes worsen
Decades-old infrastructure issues made worse by security precautions
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Aussie yacht charter firm expands into refit, brokerage
Ahoy Club adds to its portfolio of offerings
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Too much business sinks Brisbane show
The (Australian) Boating Industry Association Ltd (BIA) has postponed the Brisbane Boat Show until 2022. This is reputedly due to the significant increase in demand for new trailer boat and watercraft resulting from the ‘staycation’ phenomenon outcome of Covid-19. The show was due to have been held from 20-22 August. ...