All News articles – Page 766
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NewsBrazilian builder bullish on local sailboat market
With the Brazilian economy heating up, local boatbuilders are targeting innovation in an attempt to deliver world-leading yachts that are different from the rest. This is the case with MCP Yachts, whose latest project is the Global Exp 66 sailboat.
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NewsLED lighting specialist makes Inc 5000 list
For the eighth consecutive year, LED lighting specialist Lumitec has been ranked by Inc Magazine as an honoree on their Inc 5000 list of America’s fastest-growing private companies. The company ranked #4464 out of 5000.
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NewsTrump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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NewsLippert completes Lewmar takeover
The £33m-plus acquisition of UK marine equipment manufacturer and supplier Lewmar Marine by its US competitor, Lippert Components, has now been completed. Four new American directors were appointed on August 1, as revealed by a Lewmar Ltd’s filing with Companies House, the UK business register, today.
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NewsUK-based law firm to open Monaco office
HFW, the UK-based international law firm, has announced that it is boosting its global yacht practice with the launch of a Monaco office. It will be staffed by a team led by partner Andrew Charlier, former global head of yachts at Ince & Co.
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NewsObituary: Giovanni Besenzoni
Giovanni Besenzoni, founder and president of Besenzoni SpA, passed away on Sunday at his home in Sarnico, on Lake Iseo in northern Italy. He was 77.
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NewsMesse Frankfurt confirms expanded Cape Town show
Messe Frankfurt has announced a reformatted Cape Town International Boat Show, which as from this year includes a new open water second-hand boat exhibition area and enlarged retail section.
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NewsMCI signs deal with Princess
The UK’s Marine Components International (MCI) has signed a deal with Princess Yachts to supply Bennett Marine trim tab systems on its latest model, the Princess X95. The Bennett trim tabs will assist with the planing attitude of the 95ft, 104-tonne X95 yacht, which have a speed range of 24kt-26kt. ...
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NewsNew marinas to be built in Greece
The Greek island of Leros in the eastern Aegean Sea is to host a new marina. A concession agreement to construct a marina in Ormos Alindon was signed by ex-Tourism Minister Thanassis Theocharopoulos just before the start of the recent Greek elections.
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NewsSpate of yacht incidents sees fire, collision and death
Three events over the past week or so in Phuket, Cairns and Cannes involving two superyachts and a smaller craft have resulted in a major fire, a collision, and the death of a British superyacht crew.
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NewsHatteras/Cabo inks deal with SkipperBud’s
Hatteras/Cabo Yachts has formed a partnership with SkipperBud’s in which the iconic family-owned string of 18 Midwest dealerships will have exclusive rights to the luxury brands in the Great Lakes region of the US.
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NewsPoland to launch new yacht registration system in 2020
Poland’s law on the registration of yachts and other craft of up to 24m (79ft) is set to enter into force on 1 January 2020, introducing new fees for local yacht owners and capping them based on a percentage of the country’s minimum wage.
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NewsSY services firm anticipates ‘better than expected’ full-year results
After a challenging 2018, the Global Yachting Group (GYG) has issued a trading update that suggests the “positive momentum” experienced in the first half of 2019 will result in a “profit performance for the full financial year that will be ahead of current market expectations”.
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NewsEnterprise Florida creating jobs through export growth
With only 4% of US companies exporting goods, state organisations like Enterprise Florida play an important role in helping businesses move into foreign markets with the goal of stimulating job growth through export growth. So, it’s no surprise that nine of the 13 US exhibitors at the Sydney International Boat ...
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News2019 Cannes Yachting Festival set for busy six days
With just over a month to go before the start of the 2019 Cannes Yachting Festival (CYF), the volume of news that has already been issued about new launches suggests the event will be as busy as usual – if not more so.
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NewsMaritimo pursues ambitious global expansion plan
An active new model launch programme, major facility investment, and increasing the global reach of its international dealer network are all facets of the ambitious expansion strategy for Maritimo, the Australian luxury yacht builder.
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NewsCanadian boat dealer subject of fraud investigation
The Royal Canadian Mounted Police (RCMP) have arrested one person and siezed a number of boats as part of an ongoing fraud investigation into a Vancouver-area boat dealership.
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NewsENATA upgrades Foiler design for 2020
UAE-based builder to unveil changes at the Abu Dhabi boat show in October
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NewsTwin Disc acquires Veth Propulsion
US-based Twin Disc, maker of transmission, propulsion, steering and other systems for marine and other sectors, has acquired family-owned Veth Propulsion of the Netherlands.
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