More Company News – Page 255
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NewsEuropean marine lender, SGB Finance, celebrates 20 years
Co-owned by Groupe Beneteau, SGB Finance has provided more than €2 billion in total financing since 1999
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NewsLarger, more complex yachts fuel “rapid growth” at Dutch firm
De Keizer Marine Engineering, a Dutch integrator of electrotechnical systems on sail and motor yachts, says its 2018 turnover ballooned by 45% to €50m and expects to repeat that in 2018.
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NewsTwo Oceans Marine to build new SA search and rescue fleet
South African catamaran builder Two Oceans Marine has been contracted to build a new fleet of Search and Rescue vessels for South Africa’s National Sea Rescue Institute.
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NewsActisense picks up Business Excellence Award
Actisense, the UK-based marine electronics firm, has been named Best Import/Export Company at this year’s Business Excellence Awards held at the Telford International Centre last month.
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NewsSolaris Yachts launches new lobster-style yacht series
Italy’s Solaris Yachts has launched a new series of motorcraft called SolarisPower in an initiative that sees Norberto Ferretti, former head of the Ferretti Group, return to the yacht-building market.
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Sea Ray honours dealers
US powerboat builder Sea Ray recently celebrated its 60th anniversary during a marine industry dealer meeting at Horseshoe Bay Resort in Texas.
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NewsSanlorenzo set to list shares on Italian stock exchange
Sanlorenzo SpA, the world’s third-largest superyacht builder, is about to be listed on the Milan Stock Exchange. Massimo Perotti, Sanlorenzo chairman and majority shareholder, is using 35% of his stake for the listing.
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NewsFoulkes: Brunswick ‘pure play’ strategy in place
Five months into his tenure as CEO of Brunswick Corp, David Foulkes calls it a “privilege to have a job like this.” Admitting that he took over at a time when the marine segments of the business “are literally and figuratively firing on all cylinders,” Foulkes told IBI that the ...
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NewsFraser sells nine yachts in three weeks
Monaco-based Fraser Yachts, part of Italy’s Azimut-Benetti Group, has announced the sale of nine yachts in just three weeks.
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NewsVideoworks expands product range to provide for smaller yachts
Yachts now under 20m present new market
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NewsSeatorque Control Systems name Halyard as exclusive distributor for the UK, Europe and Scandinavia
Seatorque Control Systems, a leading-edge technology propulsion systems’ manufacturer based in the US, has named Halyard as its exclusive distributor for the European and Scandinavian markets. Headquartered in the UK ,Halyard is an industry leader in the design and development of sophisticated and specially designed exhaust systems. Seatorque is renowned ...
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NewsCape Panwa Hotel Phuket Raceweek looks overseas for expansion
Cape Panwa Hotel Phuket Raceweek organisers are looking to expand overseas and grow international participation in the regatta over the next five years. With international promotions, a series of road trips to key markets and Phuket’s growing appeal as a world-class sailing destination, organisers are confident in growing the regatta’s ...
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NewsTankoa Yachts' second 50m launch marks latest step in expansion
Italian superyacht builder, Tankoa Yachts, is working through a carefully orchestrated growth plan. The launch of the second hull in its 50m series, named the Binta D’Or, marks the latest step in this plan which was first outlined at the Monaco Yacht Show last year.
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NewsSA milestone as Nexus/Balance 601 leaves yard
South African joint venture partners Balance Catamarans and Nexus Yachts have launched the last of their original model, the 60ft Balance 601, in St Francis Bay. The model is being retired in favour of a modernised version, the Balance 620, which is currently in the tooling stage.
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NewsDutch stabiliser-maker names Turkish distributor
Dynamic Marine Systems Holland, the Dutch maker of roll-damping systems, has named Istanbul-based Arti Marin Mobil Enerji Sisemleri AS as its distributor for Turkey.
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NewsBavaria restructures
The growth of German boat manufacturer Bavaria Yachts is apparently slower than expected. On Monday afternoon, a regional TV broadcasting website reported that around 5% of the workforce will have to leave. A company spokesman told float magazine that 24 employees have been laid off.
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US yacht supplies company opens NZ branch
US yacht supplies and logistics support group, National Marine Suppliers, has expanded with the opening of a new branch in Auckland, New Zealand.
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NewsMultiflex Marine opens European warehouse
Multiflex Marine, an India-based steering and control cable manufacturer, is host the grand opening of its new European warehouse in the Netherlands this week.
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NewsDutch SY builder acquires new build halls
Dutch superyacht builder Oceanco has acquired two large build halls from Heerema Fabrication Group, a builder of offshore constructions that has fallen victim to deep cuts in investments in the oil and gas industry.
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Balmar appoints Swedish distributor
US-based Balmar DC Charging Solutions has appointed Start & Generator as its distributor for Sweden.
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