Sector News – Page 458
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NewsLowe unveils six new models for 2020
Lowe Boats has completed its annual dealer meeting where it introduced six new models of pontoon and aluminium fishing boats for the 2020 model year.
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NewsAward-winning collaboration between Ferretti & Francesco Paszkowski Design Studio extends to new Custom Line 106
Last year Ferretti, along with Francesco Paszkowski Design Studio and Mecaer Aviation Group picked up the inaugural award for ’Collaborative Solution between a Superyacht Builder and its Supply Chain partner’ in the 2018 Boat Builder Awards in association with Raymarine. The countdown’s now on to find the standout projects for ...
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NewsTurkish SY builder launches Virtus
Turkish superyacht yard Mengi Yay, located in Tuzla, Istanbul, has launched its new 44m project Virtus.
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NewsUK yard reports 53% rise in post-tax profits
Falmouth, UK-based Pendennis Shipyard has reported strong performance in 2018, with record turnover and a 53.1% increase in post-tax profits – thanks, in part, to a £1.2m tax credit which accounted for 27.8% of the profit for last year. The company has also acquired a new 800-tonne travel lift.
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News
Pontoon boat accident leads to calls for rental rule review
In the wake of a rental boat capsize that dumped 15 vacationers in the Ocean City Inlet channel in Maryland on August 1, some are questioning regulations surrounding boat rentals and what repercussions rental companies face when an accident occurs.
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NewsICOMIA Marinas Group names new member
The International Council of Marine Industry Associations (ICOMIA) has announced that Jachthaven Portus Ganda, a marina in Ghent, Belgium, has become a member of the ICOMIA Marinas Group (IMG).
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NewsAustralian start-up unveils electric hydrofoil PWC
Electro.Aero, an Australian start-up based in Perth, has developed what it claims is the world’s first electric hydrofoil personal watercraft – the WaveFlyer.
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NewsAB Inflatables to launch new jet tender model
AB Inflatables, the RIB manufacturer, is to launch a new jet tender model in the 4m range.
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NewsMoonen Yachts under Australian ownership
Moonen Yachts, the Dutch superyacht builder that went bankrupt this summer, says Matthew and Louise Baxter of Australia are its new owners, replacing Mexican steel giant Altos Hornos de Mexico (AHMSA).
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NewsThe Moorings announces new range of powercats
New 534PC features solar panels, modern interiors and underwater lights
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NewsBuster launches updates of its most popular models
Europe’s largest aluminium boat manufacturer announces overhaul of two of its best sellers
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NewsPolaris, Wells Fargo extend financing relationship
Dealership financing joint venture to now run through 2027
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News
Camper & Nicholson Asia expands network to Australia and New Zealand
Ray White Marine appointed exclusive representative for region
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NewsBainbridge and Rock Oil in technical partnership
UK distributor now offering Rock Oil range of high-performance oils and lubricants
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NewsPrincess Motor Yacht Sales to open marine service centre at Saxon Wharf
Distributor signs 10-year lease at MDL Marina in Southampton, UK
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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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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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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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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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