Latest News – Page 2
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NewsPolish builder appoints US dealer
Poland’s Galeon Yachts has formed a new dealer partnership with Prince William Marine in the US.
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Experts gather for 13th Middle East Yachting Conference
The 13th Middle East Yachting Conference, held last week at Yas Marina in Abu Dhabi, gathered more than 75 leaders from across government, business and tourism to dissect how the yachting industry and the GCC’s regulatory authorities are working together to reinvigorate the region as a global yachting hub.
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Kha Shing wins excellence award for Monte Fino F76
Taiwanese yacht builder, Kha Shing, has been awarded the 2020 Taiwan Excellence Award for its 23m Monte Fino F76 Flybridge motoryacht.
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Miami River Commission approves yacht building, restaurant; neighbours vow opposition
The Miami River Commission has approved construction of a six-storey marine facility and adjacent restaurant along the Miami River proposed by Puntallana LLC, but local residents are vowing to fight the decision until concession are received from the developer.
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Brightbill named permanent MasterCraft CEO
The board of directors for US boatbuilder MasterCraft Boat Holdings Inc have named interim chief executive officer Frederick Brightbill as the company’s new permanent CEO, effective immediately.
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Freedom Boat Club, Sea Ray win National Safety Award
The Sea Tow Foundation has awarded National Boating Industry Safety awards to two Brunswick brands, recognising the companies for their commitment to safety and sustainability.
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Superyacht Refit Group grows business by 10% in 2018-19
Total value of activity among ICOMIA superyacht refit members was nearly €400m from 1,136 projects, representing approximately 40% of global business in the sector.
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DMS fills “market gap” with universal stabiliser control system
Dynamic Marine Systems has begun marketing a remote-control operating system for any brand of large yacht stabiliser and that can add a zero-speed stabilising function.
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Ullman Sails SA reports financial turnaround under new CEO
Ullman Sails South Africa has reported a significant increase in turnover for the past calendar year following a decline over the previous two years.
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Appointment at CDG
Canada-based Coast Dynamics Group (CDG), manufacturer of the SHOXS shock mitigation seating and KINETIX seat monitoring system brands, has appointed Phil Gibson to the company’s business development team with responsibility for growing recreational, commercial and military accounts.
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Busy year planned for Hudson Yacht Group
The Hudson Yacht Group, based in Xiamen, China, is experiencing a busy time, particularly with its HH Catamarans division. The later was jointly founded by Paul Hakes who recently returned as Hudson’s chief of operations China from a year-long cruising sabbatical.
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Sanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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UK firm makes Sunday Times Virgin Atlantic Fast Track 100
The UK’s Superyacht Tenders Toys (SYTT) has made the Sunday Times’ Virgin Atlantic Fast Track 100 list for the second year running.
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Finnboat names new chairman
Finnboat, the Finish marine industries federation, has elected Kim Koskinen, country manager of Vetus Oy, as its new chairman of the board.
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APSA appoints media director
Asia-Pacific Superyacht Association (APSA) has appointed Suzy Rayment as its new media director.
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Miami show organiser seeks long-term deal
The Virginia Key Advisory Board (VKAB) and the National Marine Manufacturers Association (NMMA) met again recently to discuss maximising use of the island that hosts the trade association’s Miami International Boat Show (MIBS) and the Miami Marine Stadium.
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Lignia Wood Co appoints new dealer for Italy and Switzerland
Growing involvement with yacht market
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Amico inaugurates 4,000-tonne capacity shiplift
Genoa-based Amico Co officially inaugurated it new €27m, 4,000-tonne capacity shiplift on Thursday. The new facility is not only an important development for this global leader as a superyacht refitter, but also a major bonus for Genoa in its ongoing campaign to become a key superyacht hub.
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SA’s Vanessa Davidson appointed chair of IMCI
South African Vanessa Davidson has been elected as the new chairperson of the International Marine Certification Institute (IMCI), the organisation announced this week.
