All UK articles
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NewsSpirit Yachts launches new flagship
The UK’s Spirit Yachts has launched its new flagship 34m sailing yacht, the Spirit 111. Lowered into the water for the first time at Spirit’s waterside headquarters in Ipswich, Suffolk, the sloop-rigged yacht is said to be the largest single-masted wooden yacht to be built in the UK since Shamrock ...
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Trafalgar Shipyard rebrands
The UK’s Trafalgar Shipyard – formerly known as Trafalgar Wharf Shipyard and part of The Trafalgar Group, formerly known as Trafalgar Wharf Group – has undergone a rebranding with a new corporate brand name, new slogan, and a new focus.
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Welsh marina group secures funding
The Cardiff, Wales-headquartered marina and boating services group, Marine Property Group (MPG), has secured funding of £10.4m from the innovative financial services business, ThinCats. The new funding will be used to consolidate some existing loans and support further expansion including acquisitions and enhanced diversification in current activities such ...
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Fairline announces accelerated plans for 80ft-plus boats
UK boatbuilder Fairline Yachts today announced that it has accelerated the development of its larger 80ft-plus boat range thanks to the strength of sales and customer interest at recent international boat shows.
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UK marina builder takes on regeneration project
Walcon Marine, the UK-based marina builder, is returning to Buckler’s Hard Yacht Harbour on the Beaulieu River in Hampshire to undertake a major regeneration project. Taking place over two winters, it will involve a complete rebuild of the marina, including extensions to the piers and the refurbishment and re-use of ...
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UK marina operators complete merger
The merger of UK marina operators Dean Reddyhoff and Quay Marinas has now been implemented. The transaction brings together 11 marinas on the UK south coast, Bristol Channel, Irish Sea, the Clyde and East coast. A new nationwide cruising pass has been issued for berth holders offering access ...
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UK boatbuilders report strong growth amid challenging conditions
New figures released by UK trade association British Marine at the 2019 Southampton International Boat Show, powered by Borrow A Boat, highlight that Britain’s boatbuilding revenue increased by 21.3% in 2018, totalling £777m in turnover.
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Spirit Yachts appoints operations director
UK boatbuilder Spirit Yachts has promoted Karen Underwood to the role of operations director.
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Schmitt & Ongaro expands in Europe
Schmitt Ongaro Marine Products in the US has signed two new distributors in Europe – UK-based Hypro Marine and Jan Comstedt AB in Sweden. Company president Tim Schmitt made the announcement.
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Prototype British ‘superyacht’ to be restored in SA
A British motoryacht considered to be the first major yacht construction of superyacht specialists BCTQ is about to be restored in South Africa.
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Greek equipment firm launches UK company
Lalizas, the Greece-based safety equipment manufacturer, has announced the opening of a UK company, Lalizas UK.
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Princess at ‘loggerheads with Unite union’
On the day that Princess Yachts sent out a story about its success through 2019 and that it had doubled the number of apprentices it had appointed , a row with the UK trade union Unite has arisen over the fact that around 100 people are to be laid off. ...
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Fairline celebrates launch of F//Line 33
The UK’s Fairline Yachts celebrated the launch of its new boat, the F//Line 33, at an exclusive VIP party at Butlers Wharf Chop House in central London last week.
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Princess Yachts reports busiest year ever
The UK’s Princess Yachts is to launch a record five new yachts at the Southampton and Cannes boat shows later this month, making 2019 its busiest year ever.
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Job losses at Fairline
The UK’s Fairline Yachts is to make up to 40 staff redundant – just months after launching a recruitment drive at its newly acquired production facility at Hythe in Southampton – but the company still has plans to manufacture its new larger yacht range at the facility starting in late ...
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Challenges ahead for UK marine industry
UK trade association British Marine today released its latest sentiment figures on the UK leisure, superyacht and small commercial marine industry ahead of next week’s Southampton International Boat Show.
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Marine compliance firms merge
HPi Verification Services (HPiVS), the UK’s only Notified Body for the EU Recreational Craft Directive (RCD), has merged with RCD specialist CEproof to create HPi-CEproof. Both companies are leading players in the global marine compliance industry.
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Fairline announces £15m investment to accelerate product development
The UK’s Fairline Yachts has secured a significant £15m cash facility through the RiverRock European Opportunities Fund. In conjunction with the current owners, the capital investment will be used to accelerate Fairline’s product development plans.
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UK 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.
