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NewsNavico President and CEO, Knut Frostad - The 15-minute read
Not watched the video yet? Read the transcript of IBI’s recent CEO interview, with highlights including the latest trends in electronics, the impact of Covid-19 on the firm’s financials and why the car industry shouldn’t be the Holy Grail for boating
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News
New Ecuadorian-based superyacht cruise company to start operations in December
Kontiki’s 39m (128ft) yacht is currently undergoing a major refit at Astilleros Maridueña’s shipyard in Guayaquil A new Ecuadorian-based superyacht cruise company called Kontiki Small Yacht Expeditions is due to commence operations in December with two planned cruises along the coast of the South American country. ...
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Suzuki Marine to reorganise in the US
Management reshuffle to oversee establishment of new company in the USA
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Greater freedoms introduced for yachts in Hainan Free Trade Zone
New rules will run until the end of December 2024
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Kiwi government suspends America’s Cup funding amid Team NZ spy, fraud claims
It’s been quite a summer for Emirates Team New Zealand, defending America’s Cup champions, which began the week firing team members for spying , answering charges of financial fraud , and culminating in the government’s suspension of payments to the team and Cup organisers pending further investigation. “We are ...
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Team New Zealand named in NZ$1.5m government wage subsidy probe
Just days after announcing the dismissal of an undisclosed number of teammates for leaking confidential information , defending America’s Cup champions Team New Zealand is now under investigation for financial mismanagement surrounding government Covid-19 wage subsidies. The wage subsidy plan is the cornerstone of the government’s economic response to ...
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Bavaria introduces first outboard day cruiser, the Bavaria Vida 33
The first details and drawings were presented to the public today
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MYBA issues guidance on Greek yacht charters
As the Covid-19 pandemic continues, yacht brokers in Greece are working with owners and clients to resolve any issues related to upcoming yacht charters. During this uncertain period and until further notice, the country’s Covid-19 and cancellation policy is typically as follows: For crewed yacht charters, each charter is ...
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Azura Marine to build Aquanima solar-powered catamarans in Spain
Flurry of enquiries following recent launch of first cat
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New York Yacht Club America’s Cup boats arrive in NZ whilst spy claims hit the home team
As the New York Yacht Club’s challenge for the America’s Cup advanced with the arrival of its first boat in New Zealand on Monday, Team New Zealand says it has fired a number of employees for leaking confidential information and officials are investigating “structural and financial matters” relating to the ...
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Group of Italian entrepreneurs relaunch historic Leopard brand and will build outboard-powered 20m yacht
Leopard Shipyards will develop two new series of boats up to 55m in length
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Video
IBI speaks with Navico President & CEO Knut Frostad
IBI editor Ed Slack speaks with Knut Frostad, President CEO of Navico about how the electronics manufacturer is managing Covid at facilities spanning 40 countries; Q2 expectations for the company and the industry, the development of glass bridge technology and advanced underwater imagery, why we need to look ...
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Plans for new Greek superyacht yard rejected
The proposal was part of a €612m investment plan for Piraeus port
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New hull shape from the inventor of the Deep-V
The Ray Hunt Design High-Efficiency V Hull is the basis of a new range of classic yachts
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Cyprus on track to significantly increase marina capacity over next few years
Four projects at different stages of development
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Covid-19 proves boost for North European passage charter
Dockside.ai says it has seen a significant rise in enquiries in last two months for charter in Northern Europe and Arctic fringe
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Nobiskrug develops new superyachts with focus on environmentally-friendly solutions
German builder reports stable demand for its superyachts
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Winnebago reports Q3 results
March to May period deeply impacted by Covid-19, yet YTD operating cash flow up 96% YOY
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German design firm releases first images of US$562bn mega-catamaran
The 650ft Galileo2 is described as a “floating marina”
