Latest News – Page 602
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French start-up to launch electric motor next year
France’s FinX eyes financing round to introduce its new motor to the market
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Fraser Yachts signs national pact for energy transition with Monaco government
Fraser Yachts has signed the official National Pact for Energy Transition (Pacte National pour la Transition Énergétique) with the Monaco government, making it the first yachting company to do so.
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N&J researches Covid-19 and the response of UHNWIs and their spending
New research undertaken by international yacht services provider Northrop & Johnson (N&J) highlights that businesses in the luxury products and experiences sector will have to adapt how they deal with UNHWIs (ultra-high-net-worth individuals) in response to the challenges posed by Covid-19.
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Superyachts to play key role in Bermuda’s economic recovery
The Atlantic island of Bermuda has missed out on a number of international yacht regattas and sports fisher boat competitions, but the island’s government is now actively pursuing the superyacht market with the objective that it could make a key contribution in the country’s economic recovery.
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Obituary: Tom Nighy
Tom Nighy, former technical manager of the British Marine Industries Federation (now British Marine), passed away on June 30 after a long and illustrious career.
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METSTRADE 2020 on track; new cancellation policy and virtual event to run alongside
METSTRADE 2020, which will run from 17-19 November in Amsterdam, is still on track, according to organisers the RAI, who today unveiled new initiatives to ensure a safe and successful show.
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Royal Huisman’s Sea Eagle II starts maiden voyage
Dutch superyacht yard Royal Huisman has delivered the much-anticipated 81m (266ft) Sea Eagle II to its new owner.
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Evoy expands electric outboard range with more powerful units
Evoy’s 300hp outboard will be available to pre-order in 2022 When Norwegian company Evoy introduced its 150hp electric outboard motor earlier this year, it was hailed as the most powerful electric outboard in the world. Now the company is planning even more powerful versions of electric outboards ...
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New 50-berth marina planned for Andaman Islands
Plans are underway to develop a new 50-berth marina at Port Blair, the capital of the Andaman and Nicobar Islands in the Bay of Bengal.
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Codecasa resumes operations with Jet 2020
The 229ft yacht is curently in build in San Benedetto del Tronto, Italy
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Beneteau’s new strategy: in-depth look
Groupe Beneteau outlined a new five-year strategy for the company’s boat and housing divisions last week in conjunction with the release of third quarter results revealing the impact of Covid-19 on the boatbuilder’s global business. The strategic plan was introduced by chairman and CEO Jerome de Metz on an investor ...
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New Axopar 22 to launch in September
Finland’s Axopar Boats is turning its attention to the smaller 22ft market with the upcoming launch of the Axopar 22 Spyder – a 7.2m trailerable boat that comes shipped from the factory in a fixed-size container for significantly reduced delivery costs.
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North Carolina legislation makes abandoned boat disposal easier
Local governments are lauding a new North Carolina law that makes the removal of abandoned boats on land or water easier.
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Glider Yachts enters administration
The Glider concept was developed by MD Robert McCall UK start-up Glider Yachts Ltd, which over the past eight years has been developing an innovative new design of high-performance, high-speed yacht based on two gliding hulls and a raised superstructure, has entered administration. IBI understands that the ...
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Fountaine Pajot says solid six-month financials will help it weather Covid crisis
Strong cash flow position for French builder following boost in sales
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Sanlorenzo’s preliminary first-half results show jump in profitability
The Italian yacht-builder has also announced the expiration of the exclusivity period to acquire Perini Navi
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Miriad Products expands into marine market
UK supplier of RV and leisure equipment says marine is a natural next step
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AkzoNobel reports “robust profitability” in Q2 despite Covid-19
In a rare preview of its Q2 financial reporting, AkzoNobel NV said it had lower revenues and adjusted income in April through June compared to the same 2019 period, but “robust profitability” despite the debilitating Covid-19 crisis.
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Maritimo reports North American demand back to pre-Covid-19 levels
Resurgence of interest for both new and pre-owned boats over last six weeks