All articles by David Robinson – Page 78
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NewsFirst Queensland marina awarded Platinum accreditation
Australia’s Coral Sea Marina Resort, formerly known as Abell Point Marina, is Queensland’s first facility to achieve Platinum accreditation. This accreditation, the highest possible, is awarded under the global Gold Anchors Award scheme managed by the Marina Industries Association (MIA), based in Australia, and TYHA (The Yacht Harbour Association) in ...
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NewsWelsh 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 as ...
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NewsAsian companies target European shows to grow business
Sri Lankan and Chinese companies exhibited for the first time at the Genoa Boat Show and Cannes Yachting Festival this year as part of an effort to grow business in Europe.
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NewsNew details emerge on Ferretti IPO
According to a report on the online Market Watch financial news service, Italy’s Ferretti Group plans to list around 30% of its stock on the Milan Stock Exchange this month.
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NewsMonaco Yacht Show provides encouragement for market future
The 2019 Monaco Yacht Show closed last Saturday on a positive note for the future of the superyacht industry despite world economic and political challenges. The show, which with 600 exhibitors and 125 superyachts of which 42 were new yachts, was the largest to date.
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NewsGulf Craft adds new 37m Majesty 120 to its superyacht range
Middle East yacht-builder Gulf Craft announced at the 2019 Monaco Yacht Show that a new 37m (121ft) tri-deck Majesty 120 has been added to its superyacht range. The new model was launched by Mohammed Hussein Alshaali, Culf Craft’s executive chairman.
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NewsSunseeker establishes Superyacht Division; confirms £60m funding
At the Monaco Yacht Show, where last year it announced its partnership with ICON Yachts in the Netherlands to build its new 161 flagship, Sunseeker International says it has progressed its superyacht ambitions further by setting up a dedicated Superyacht Division.
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NewsImperial Yachts client contracts for 49m SY catamaran from Sunreef
A contract for a 49m (161ft) superyacht catamaran, which will be the largest superyacht to be built so far in Poland, has been placed with Sunreef Yachts by a client of Imperial Yachts. The order was announced at the Monaco Yacht Show and the craft is scheduled to be delivered ...
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NewsYPI sold to Singapore investment group
Superyacht services provider YPI (Yachting Partners International) has been bought from the French commercial shipping brokerage house, BRS, by Mercantile & Maritime Investments (M&MI), the investment division of the Singapore-headquartered group, for an undisclosed price.
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NewsFerretti announces new superyacht models
Italy’s Ferretti Group has presented more information about its financial performance and new products from its Superyacht Division to be launched over the next three years. One of three divisions within Ferretti, the Superyacht Division currently encompasses four brands – CRN, Custom Line, Pershing and Riva – with a fifth, ...
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NewsUK 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 to ...
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NewsSanlorenzo files application for listing with Milan Stock Exchange
Following its announcement in Cannes that it would pursue its planned initial public offering (IPO) stock listing, Italian yacht-builder Sanlorenzo today confirmed that it has filed an application to join the Milan Stock Exchange (Borsa Italiana).
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News
Bridge system cooperation launched between Rolls Royce and Team Italia
Integrated bridge systems to be developed for series yachts
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NewsAstondoa plans three new models for 2020
Spanish yacht-builder Astondoa is planning to introduce three new models for 2020, one in each of its three composite model ranges. They are the 377 Coupe, 82 Flybridge and 125 Century.
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NewsConsistent expansion as Fairline rebuilds and grows
Since the new ownership took over at Fairline Yachts in early 2016 following the collapse of the company, Fairline’s management has pursued a consistent strategy of rebuilding resources and investing in new product development, new facilities and existing facility upgrades. This continues, with some staggering to match operational needs with ...
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News2019 Cannes Yachting Festival a notable success
The 2019 Cannes Yachting Festival achieved a very successful outcome, despite the first day being a wash-out with heavy rain. The major change in the layout of this leading European boat show, namely the move of the sailing craft, both monohulls and multihulls, to Port Pierre Canto, appears to have ...
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NewsAzimut-Benetti celebrates 50 years at stylish gala event
The Azimut-Benetti Group celebrated reaching 50 years of age in style at a gala event at the famous Eilenroc Villa with over 500 people, including at least 250 clients participating. The event went on long into the evening and included a bespoke fashion show by Giorgio Armani. Azimut-Benetti is the ...
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NewsPearl Yachts introduces new Pearl 62
The UK’s Pearl Yachts has announced a new model, the Pearl 62, at the Cannes Yachting Festival. Alongside this, the company also highlighted a strong sales position over the past year.
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NewsSirena Marine holds global debut of new flagship at Cannes
Turkish yacht-builder Sirena Marine has held the world debut of its new flagship, the Sirena 88, at the Cannes Yachting Festival. For the future, Sirena plans to add new models both larger and smaller than the Sirena 88.
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NewsFerretti continues strong financial performance
The strong 2018 fiscal performance of the Ferretti Group, now comprising eight brands following the acquisition of Wally earlier this year, has continued into the first half of 2019. Complementing this is a €350m increase in capital from the group’s two shareholders, Weichai and Ferrari, and the prospect of an ...
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