Sector News – Page 463
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Premier Marinas reports small fall in profits
Premier Marinas Ltd, one of the UK’s largest marina operators, has reported a 6% fall in post-tax profits to £4.782m for the 2017-18 fiscal year to September 30, 2018 compared with £5.088m in the year previous. The figures were filed with Companies House, the UK business register.
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PAE expands Nordhavn fleet
Pacific Asian Enterprises (PAE), renowned for its range of ocean-going motoryachts, has announced a new addition to the fleet, the Nordhavn 41. The yacht is the smallest vessel in the range and has been developed as a replacement for the previous Nordhavn 40, which was retired last year.
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Torqeedo issues battery safety warning
Germany-based Torqeedo GmbH has issued a safety warning related to a potential fire risk involving rechargeable batteries used to power the company’s Travel and Ultralight electric outboard motors.
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Lippert acquires Italian window blind manufacturer
Elkhart, Indiana-based Lippert Components Inc (LCI) has acquired Siena, Italy-based window blind manufacturer Lavet Srl.
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Voyage Yachts reports sales surge for new Voyage 590 cat
South African builder sells three new models off-plan
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Sunsail invests £3.75m in new Jeanneau charter fleet
Sunsail has announced the addition of several new Jeanneau yachts to its UK charter fleet. The investment, worth £3.75m, will deliver 15 new Sunsail 41.0 yachts in 2020, with the planned addition of a further 10 yachts the following year.
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Israeli environmental organisations oppose marina expansion plans
Opposition from a number of environmental organisations is building up against an Israeli government plan to develop five new marinas and expand eight existing ones by 2030, according to a report by the CTech online media outlet.
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New Fiji floating dock boost superyacht repair facilities
F$12m investment in new 6,000 tonne capacity dock
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Legal merger will give boost to yacht team activities
Thomas Cooper and Penningtons Manches join forces
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Yacht tourism takes centre stage in Greek elections
Government must work harder at supporting the marine industry, SITESAP president tells political hopefulls
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Yachtware launches refit and new build software management tool
Firm says its software solution for Refit and New Build Management is set to revolutionise the industry
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Decking manufacturer LIGNIA aims for ambitious growth after raising £5m funding
Equity investment brings LIGNIA’s total fundraising to £17 million over the past three years
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China Section 301 Tariffs list 3 exclusion process opens Sunday
Web portal for submitting exclusion requests will open at mid-day on Sunday, 30 June,
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Turkish yard unveils new hybrid yacht series
Naval Yachts, located in the Antalya Free Zone in Turkey, has unveiled a new aluminium hybrid yacht series called ‘GreeNaval’. The concept behind the GreeNaval series is maximum comfort and efficiency, combined with eco-friendly technology.
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SureShade appoints director of manufacturing
Kirk Fistick has been named director of manufacturing for SureShade, a US maker of retractable sunshade systems for the marine and outdoor industries.
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Miami losing millions as marina deal stalls yet again
The City of Miami, Florida is losing millions of dollars in legal fees and potential revenue in what has become a two-year battle to install a new operator at Rickenbacker Marina on Virginia Key, and now the City Commission has voted to delay the matter until mid-July.
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Turkish SY builder expands
Turkey’s Alia Yachts is building a new complex adjacent to its existing facilities in the Antalya Free Trade Zone, effectively creating a whole street block dedicated to the brand.
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Yeargin: Tariffs hurting Floridians US$178m so far
In his latest salvo against the Trump Administration’s tariff wars, Correct Craft president and CEO Bill Yeargin warns the President’s policies are hurting both his economic gains and the very people he is trying to help.
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Rutgerson enters Canadian market
Swedish yacht equipment manufacturer Rutgerson has chosen Dada Marine to distribute its full line of deck hardware and sail fittings on the Canadian market.
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CDI Electronics names Polish distributor
CDI Electronics, the US-based marine ignition systems specialist, has chosen ITA Marine to serve as its distributor in Poland.