More Company News – Page 221
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IBI strikes agreement with China boatbuilding association
New International Yacht Building Institute to begin operations in Weihai this year. International Boat Industry (IBI) to benefit from the establishment of a liaison office and the distribution of its news service in Mandarin to members of the China Boat Industry and Trade Association (CBBIA)
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Princess Yachts Australia appoints exclusive NSW dealer
Sean O’Doherty and David Jensen will help grow the brand in New South Wales
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Elan to restart production next week
Elan’s managing director, Marko Skrbin, told IBI that the company ceased all production on the 16th of March in order to comply with government recommendations and in the interest of the safety of the company’s staff. As a result, the launch of its new GT6 sailing yacht has been ...
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Besenzoni reopens with renewed strategy to stop spread of Covid-19
Italian marine equipment and accessories manufacturer Besenzoni has implemented a renewed corporate strategy to deal with the ‘emergency situation’ caused by the spread of Covid-19.
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Tankoa Yachts resumes full-time work on S501
Italian superyacht-builder Tankoa Yachts has resumed full-time work on S501, the fifth project in the Tankoa fleet and the third hull in its 50m all-aluminium series, following the easing of lockdown measures in Italy last week.
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New marine firm forms in UK
A new UK company has launched itself onto the marine market with the unveiling of its first product, smarttune.
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Fischer Panda obtains NMEA 2000 certification
Marine diesel generator specialist Fischer Panda has gained NMEA 2000 certification, enabling it to mark its compatible xSeries and iSeries generators with the NMEA logo.
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Sleipner to open new distribution centre in Italy
The Norwegian stabiliser and thruster manufacturer will operate a factory-direct distribution business for its Side-Power products as of 1 September
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Grand Banks resumes operations
The Board of Directors of Grand Banks Yachts Limited announced today that the group’s manufacturing yard in Pasir Gudang, Malaysia has received approval from the Government of Malaysia to resume operations with immediate effect. Grand Banks Malaysia Grand Banks’ production facility in Malaysia employs 667 workers. The ...
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Barrus to offer Dometic marine range in UK
The UK equipment firm has been made a national wholesaler for Dometic’s marine aftermarket products
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ICOMIA, IMEC expand membership
Thai Yachting Business Association becomes a full member of ICOMIA; Scania joins IMEC
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Rodman chief flags up challenges facing Spain
Manuel Rodríguez, president of Spain’s Rodman Group speaks passionately about the challenges facing the Spanish boatbuilders and the nautical industry overall in today’s climate
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Italian yards come to terms with new working conditions
With most, if not all, of Italy’s yacht-builders having returned to work this week, many are coming to terms with the health and safety rules set by the government, medical authorities and trade unions to cope with the COVID-19 pandemic and support a gradual easing of the lockdown. A survey ...
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Nexus Yachts confirms two new Balance 526 orders as SA yards reopen
South African yard Nexus Yachts and Balance Catamarans report two more Balance 526s on their order book, bringing some much-needed good cheer to the local industry which this week reopened under strict social distancing conditions.
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Financial businesses take action on COVID-19
Two financial businesses – a Bermuda-headquartered international insurer and a leading French bank – are taking steps to provide the financial resources to cover for the impact of the COVID-19 pandemic.
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Orion and Smuggler awarded High Court costs from Sealegs
Following a lengthy court battle lasting almost four years, the Auckland High Court in New Zealand has sealed an order for costs against amphibious boatbuilder Sealegs. This brings the total of costs awarded against Sealegs to circa $500k with the costs to be paid immediately.
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Dream Yacht Charter to open new base in US Virgin Islands
Dream Yacht Charter, a privately-owned yacht charter firm with a fleet of over 1,250 boats, is to open a new Caribbean base on June 1 at Compass Point Marina in St Thomas, US Virgin Islands, in partnership with Virgin Islands Yacht Charters.
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Sanlorenzo signs €10m financing contract
Italian superyacht-builder Sanlorenzo has signed a €10m financing contract with Cassa Depositi e Prestiti (CDP), a prominent Italian investment bank, to fund new investment in research, development and innovation for the period from 2020-2022.
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Damen Shipyards Group launches yachting division
Family-owned Damen Shipyards Group has formally created a division housing its Amels superyacht unit, its Yacht Support and SeaXplorer brands, its Full Custom yachts and yacht refit services.
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Filippetti and Twin Disc sign commercial agreement
Italian shipyard Filippetti Yacht has signed a commercial agreement with Twin Disc Inc in the US to power all of its performance with yachts with Twin Disc’s Arneson Surface Drives (ASD) system.