All Middle East articles – Page 53
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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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2020 DAME Design Awards open for entries
METSTRADE and RAI Amsterdam have announced the opening of entries for the 30th DAME Design Award, exclusively for the exhibitors attending this year’s METSTRADE Show in November.
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Accastillage Diffusion opens new store in Spain, its 126th store in Europe
This week Accastillage Diffusion opened its doors to a new shop in the Aguadulce marina on the Spanish Mediterranean coast in Almería. The store will be the first in Almería but the 31st in Spain.
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2019 Dutch superyacht output: fewer but more valuable, greener vessels
Amels’ 83m Here Comes the Sun The Dutch superyacht sector delivered 17 yachts last year, worth just over €1bn, the Netherlands Maritime Technology (NMT) trade group says in its 2019 annual report. While this is a drop in numbers, NMT says the value of yachts on order ...
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Annick Girardin appointed head of Ministre de la Mer
L-R: FIN president Yves-Lyon Caen, French Minister of the Sea Annick Girardin and Jean-Paul Chapeleau, Deputy CEO of Groupe Beneteau France’s new prime minister, Jean Castex, announced a Cabinet reshuffle on Monday which included a new Minister of the Sea. A native of Saint-Malo, Annick Girardin started ...
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2020 Southampton International Boat Show postponed until 2021
Alternative, smaller event possible
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Alia Yachts launches La Paloma, joins hull and superstructure of Al Waab II
Turkish shipyard continues to operate in full production as the industry enters its post-Covid recovery phase
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Antonini Navi presents UP40-Crossover
Antonini Navi, the new Italian yacht brand that formed earlier this year, has presented the UP40-Crossover – its first yacht designed in collaboration with Fulvio de Simoni. Construction will begin in September.
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Obituary: Gino Pardo
Gino Matteo Pardo, founder of the Gino Group, one of Turkey’s oldest yacht brokerage, refit and management firms, has passed away at the age of 84.
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Cyprus on track to significantly increase marina capacity over next few years
Four projects at different stages of development
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Scanner Marine appoints Turkish distributor
Italian RIB manufacturer Scanner Marine has chosen Kando Denizcilik to serve as its official distributor in Turkey.
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Bering Yachts sells new 45m flagship
With the sale of a 45m (148ft) Bering 145, US-headquartered Bering Yachts is breaking new ground with its largest superyacht built to date. The full-custom project is already in build at Bering’s modern shipyard in Antalya, Turkey and is scheduled for completion in 2022. The new yacht will have a ...
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Argentinean boating industry partially reopens; Buenos Aires show postponed
The Argentinean boating industry, a sector that normally employs around 11,000 people, has partially returned to work in accordance with government health and safety guidelines.
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After so-so start, Netherlands Maritime Technology relaunches superyacht unit
The Netherlands Maritime Technology (NMT) lobby, overcoming a spat over a name and marketing slogan, has asked “renowned marketing agencies” to handle the relaunch of Holland Yachting Group as its superyacht unit. The contract will be awarded June 24, said the NMT in a presentation of the HYG’s first-year program. ...
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Ameri-Kart consolidates two facilities into new US$10m factory
Ameri-Kart, supplier of plastic components for the marine, RV manufacturing and safety industries, has begun construction on a new US$10.1m facility that will replace two of its current operations.
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First autonomous security surveillance boat launched in UAE
The first autonomous security surveillance boat has been introduced in the UAE by World Security, a division of the state-owned DP World port operator and also parent of P&O Marinas, which operates Mina Rashid and other facilities in Dubai.
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ACOBAR president re-elected
Eduardo Colunna will lead the Brazilian boatbuilders’ association for another two years
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Aon-Willis Towers Watson merger faces lawsuits
Plans for a takeover deal worth some US$30bn of two major insurance brokerage groups have hit a possible hurdle as at least three shareholder lawsuits have been filed opposing the approach by Aon to acquire Willis Towers Watson. Both businesses are big players in the superyacht insurance market.
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AkzoNobel ‘weathering COVID-19 storm’
Amsterdam-based paints and coatings multinational AkzoNobel says it is “weathering the COVID-19 storm” by ensuring employee health and safety and maintaining business continuity.