More Company News – Page 205
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Yamaha Motor reinforces commitment to US workforce development
Yamaha Motor reinforced its commitment to workforce development in its US manufacturing plants during a visit by US Secretary of the Interior David Bernhardt to the company’s Newman, Georgia campus.
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Moonen sells second 36.3m yacht in 2020
Dutch yard to deliver a new Moonen Martinique to its US owner in November 2021
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French marina developer enters marina management and consulting market
Poralu Marine launches Marina Management & Consulting (MM&C) business
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Sanlorenzo named ‘Deloitte Best Managed Company’ for third year running
Sanlorenzo Spa has won the Deloitte Best Managed Company award for the third year running. The award is presented each year to Italian companies that have excelled in their business strategy, skills and innovation, corporate social responsibility, corporate commitment and culture, governance and performance measurement and internationalisation.
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Heesen: After Covid-19 bump in the road, business is back, looking good
Heesen’s 55m Project Pollux is due for delivery in October Heesen Yachts says 2020 was a mixed bag. It says the year began with a “lot of commercial activity”, then Covid-19 hit but the Dutch yard is ending 2020 in a “financially sound position”. Heesen CEO Arthur ...
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Draco Boats expands US dealer network
Draco Boats, the Norwegian motorboat brand built by Windy Scandinavia AB, is expanding its dealer network in the US together with sole importer and distributor Navic LLC.
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First images of Royal Huisman’s Apex 850
Dutch superyacht builder Royal Huisman has unveiled the first images of its new Apex 850 which, at 85m (279ft), is said to be the world’s largest performance sloop.
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Torqeedo establishes new sales organisation in Italy
German electric propulsion specialist Torqeedo today announced the establishment of a direct distribution organisation in Italy to improve sales and service support for the company’s full range of products and systems – from small, lightweight outboards up to Deep Blue fully integrated propulsion systems.
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Pure Watercraft secures US$23m in Series A funding
A Pure Watercraft electric outboard motor Seattle-based Pure Watercraft, maker of electric marine propulsions systems, has secured US$23.4m in Series A funding led by San Francisco venture capital and private equity firm L37. Pure Watercraft will use the funds to “scale operations from beta to broad commercialization,” ...
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Quantum Marine Stabilizers opens Med-based service centre
Quantum Marine Stabilizers has opened its second European service centre within the MB92 Barcelona refit and repair hub.
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New company relaunches Pantera brand
US-based Pantera Boats Inc announced today that as a result of a series of business transactions and agreements endorsed and sanctioned by the Miami-Dade County Circuit Court, the company, as successor-in-title, has acquired all moulds and related intellectual property including trademarks, designs and copyrights, clearing the way for the relaunch ...
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Sultan investor welcomes arrests in Tag Yachts court case
A prominent United Arab Emirates businessman who lost millions of pounds in a doomed South African boatbuilding venture has welcomed the arrest of two of his former partners who now face charges of fraud, South Africa’s Sunday Times newspaper reported at the weekend. Sultan Al-Hameli was instrumental in casting the ...
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Marina Stores opens new Croatian megastore
Greek retail chain Marina Stores, a Lalizas company, has opened a new megastore in Šibenik, Croatia.
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Edmiston expands US office network
International superyacht services business Edmiston has expanded its presence in the US with the opening of a new branch in Newport, Rhode Island.
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Mercury Marine to offer outboards on select Sportsman models for the first time
Mercury Marine, a division of Brunswick Corp, is to offer Mercury outboard engines – including the 350 and 400 Verados and other high horsepower Mercury outboards – for the first time on nine Sportsman models beginning on November 1.
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Pardo Yachts Miami relocates
Pardo Yachts Miami LLC, the Italian builder’s representative for the Americas and exclusive dealer for Florida, has moved to a centrally located office loft at 64 NW 54th St in the Wynwood Design District of the Little Haiti area.
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CompX shares soar 21% at Friday’s close
CompX International, whose holdings include Livorsi Marine and Custom Marine Inc (CMI), saw its stock jump slightly more than 21% to close at US$16.95 at the end of trading on Friday 18 September.
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Candela raises €8m in investment
The Swedish start-up has received significant financial backing
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Cruise.com takes on smaller craft in partnership with The Moorings
Private yacht charter brand The Moorings has expanded its scope for attracting new customers by forming a partnership with Cruise.com, a leading US-based internet cruise booking seller and division of Omega World Travel.
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Nanni in supply deal with Swedish shipyard
French engine manufacturer Nanni has signed a deal with Swede Ship to install its T8V.370 marine diesel engine oboard a line of 8m boats for Swedish and Norwegian search and rescue operations.