More Company News – Page 257
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Fountaine Pajot expands in Indonesia
Yacht Sourcing, one of Asia’s fastest-growing luxury yacht companies, has been appointed by French catamaran builder Fountaine Pajot to be its exclusive dealer for Indonesia. The company will manage new sales and aftersales service in Indonesia for the French brand.
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Yamaha Propellers receives tax incentive to expand
Yamaha Marine Precision Propellers in the US has received two 10-year tax abatements from the city of Greenfield, Indiana to facilitate an expansion by the company with a new 50,000sq ft plant at a cost of US$18.3m and bringing 81 jobs.
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Princess Yachts anticipates record 2018 results
The UK’s Princess Yachts highlighted the importance of the Asia-Pacific market last week when three of its models – the Princess Y85, F45 and R35 – made their Asian premiere at the 2019 Singapore Yacht Show (SYS).
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Barrus Marine Equipment expands
Barrus Marine Equipment in the UK has expanded its product portfolio with the addition of Navico’s Simrad and Lowrance brands.
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Gianneschi reports strong sales in Turkey
Italian pumps and blowers specialist closes deals with several Turkish yards
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Brunswick celebrates safety achievements
Brunswick Corp is honouring its employees worldwide with its top safety awards for 2018, recognising 24 facilities for promoting and practicing safety awareness, and ultimately minimising workplace incidents and injuries.
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SHOXS opens European sales and support office
Canada-based marine seating specialist SHOXS has opened a European sales and support office in the UK. The 2,600sq ft office and warehouse in Blandford, Dorset, is located in close proximity to Britain’s southern coastal regions. It will be led by Andrew Hughes, business development manager at SHOXS Europe.
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Jeanneau delivers insight into current model development
Erwin Bamps, the new CEO of Prestige Yachts, offered an insight into Jeanneau’s current model development during the company’s spring press conference for the boating media in Cannes.
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Dockmate expands relationship with Vetus
Dockmate, the US manufacturer of advanced wireless remote controls for yachts, has expanded its relationship with Dutch thruster manufacturer Vetus.
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Acquera Yachting opens three new locations
Acquera Yachting has announced expansion plans to pen three new offices service Monaco, Antibes and St Tropez and has hired Xavier Paris to manage the operations and what the company is calling an “ambitious growth plan.”
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Voyage Yachts says SA electricity blackouts knocking productivity
Electricity blackouts in South Africa are knocking factory productivity by up to 50%, according to one of the country’s biggest catamaran producers.
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Oceansgate development secures Phase 2 funding
The second phase of the UK’s Oceansgate development in Plymouth – a multimillion transformation of the South Yard part of the Devonport Naval Dockyard – has been given the go-ahead after securing funding and planning permission.
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Princess makes Sunday Times list of fastest-growing UK firms
For the second time in a row, Princess Yachts has been listed in one of the regular annual business performance surveys carried out by UK newspaper The Sunday Times.
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PPG and Avery Dennison to commercialise eco-friendly foil system for ship hulls
PPG, the US paints and coatings group, has signed an agreement with Avery Dennison Graphics Solutions to further commercialise their companies’ patented self-adhesive fouling release foil for ship hulls.
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Seakeeper wins 2019 Edison Award
Marine stabilisation specialist Seakeeper Inc received an Edison Award for the Seakeeper 2 at an awards ceremony in New York last week.
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Derecktor, St Lucie finalise yacht yard at Port of Fort Pierce
It took longer than anticipated, but the Port of Fort Pierce Florida will have a new megayacht repair centre operated by Derecktor Shipyards.
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Cobalt and Bennington Australia open new Gold Coast headquarters
Cobalt Boats of Australia and Bennington Boats of Australia have opened new national headquarters at Gold Coast-based shipyard The Boat Works. Both companies are now showcasing their latest models in a purpose-built, 350sq ft showroom and marina facility.
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Lusty & Blundell takes on Spinlock range
Spinlock has chosen Lusty & Blundell Ltd to serve as its new distributor in New Zealand. Products include the renowned Spinlock cleat, clutch and rope control range; the award-winning Deckvest Lifejacket range, harnesses and personal equipment; and a wide range of sensors specifically designed for performance sailing.
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Shipyard Supply Co reports strong performance in first six months of trading
Shipyard Supply Co (SSCo), the UK-based deck hardware specialist that formed last year, has reported strong performance in its first six months of trading.
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Turkish builder eyes global expansion
Bering Yachts, a Turkish producer of boats and steel yachts owned by businessman Alexey Mikhailov, plans to significantly increase production and expand its range in the coming years, according to the company.