All articles by David Robinson – Page 80
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NewsLippert completes Lewmar takeover
The £33m-plus acquisition of UK marine equipment manufacturer and supplier Lewmar Marine by its US competitor, Lippert Components, has now been completed. Four new American directors were appointed on August 1, as revealed by a Lewmar Ltd’s filing with Companies House, the UK business register, today.
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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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NewsSY services firm anticipates ‘better than expected’ full-year results
After a challenging 2018, the Global Yachting Group (GYG) has issued a trading update that suggests the “positive momentum” experienced in the first half of 2019 will result in a “profit performance for the full financial year that will be ahead of current market expectations”.
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News2019 Cannes Yachting Festival set for busy six days
With just over a month to go before the start of the 2019 Cannes Yachting Festival (CYF), the volume of news that has already been issued about new launches suggests the event will be as busy as usual – if not more so.
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NewsMaritimo pursues ambitious global expansion plan
An active new model launch programme, major facility investment, and increasing the global reach of its international dealer network are all facets of the ambitious expansion strategy for Maritimo, the Australian luxury yacht builder.
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NewsJohnson Yachts looks to a strong future after celebrating 30 years
In terms of the Taiwanese superyacht building sector over recent decades, Johnson Yachts Co Ltd, which recently celebrated 30 years, is without doubt a survivor.
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NewsSunseeker East Coast Australia expands Queensland presence
One of the newest tenants at the Gold Coast City Marina & Shipyard (GCCM) is Sunseeker East Coast Australia (SECA), the official dealer for the leading UK luxury yacht brand. The Sunseeker East Coast Australia dealership covers the key markets in Australia of Queensland and New South Wales plus Victoria.
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NewsRolls-Royce to rebrand Power Systems division
UK engineering group Rolls-Royce has announced that it is planning a rebranding of its Power Systems division which includes the core MTU brand. The latter is a top provider for supplying engines for superyachts.
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NewsIGY Marinas open new superyacht facility in France
As part of its strategic plan to build a strong presence in Europe, IGY Marinas has officially opened its new superyacht marina at Sète in the South of France. The purpose-built facility is able to berth the world’s largest yachts.
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NewsPorto Montenegro to invest €500m over 15 years
In recent interviews with news outlets in Montenegro and Serbia, Danilo Kalezic, the senior PR manager for Porto Montenegro, has suggested that over the next 15 years as much as €500m will be invested in the Montenegrin marina.
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NewsSydney International Boat Show set for busy time
With just one week to go before the 52nd Sydney International Boat Show (SIBS) opens, the build-up to this – the biggest southern hemisphere marine leisure event – suggests it will be a busy five-day gathering. The IFBSO event, organised by the Boating Industry Association (BIA) and running from August ...
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NewsFuture Fibres and RigPro boost overseas resources
Two member companies of the North Technology Group (NTG) – Future Fibres and RigPro – have expanded their resources in Spain and the US respectively.
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NewsItalian builder grows production
Absolute, the Italian yacht-builder, says it plans to expand production in its current fiscal year ending September 31, 2019 to 85 units compared to around 75 in 2016-17 – an increase of some 13%.
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NewsLignia in major supply deal with UK builder
All newly commissioned Spirit yachts will now be fitted with Lignia decking, a durable and sustainable alternative to teak. The Ipswich-based yacht builder, currently completing a Spirit 111 performance sailing superyacht, believes that Lignia will become “the industry standard for decking”.
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NewsInmarsat buyers provide assurances to UK government
Following the news that the proposed $6bn acquisition of the satellite communications group, Inmarsat, had been referred to the UK Competitions & Markets Authority (CMA) for clearance, the buying consortium has given reassurances to the UK government about its future commitments to the UK.
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NewsUK’s Isle of Wight to strengthen marine infrastructure
In two recent actions, the UK’s Isle of Wight (IOW) Council has taken steps to buy key buildings related to the island’s important marine industry and released the latest masterplan for Newport harbour.
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NewsCorporate changes at two UK yacht builders
Corporate changes to the ownership structures at both Fairline Yachts and Princes Yachts have recently been made known through filing to Companies House, the UK business register.
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NewsInmarsat takeover referred to UK competition authority
The takeover offer for global satellite communications firm Inmarsat has been referred to the UK Competition and Markets Authority on the grounds that the deal, which involves taking the company private, may have national security implications.
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NewsZeelander Yachts unveils new DutchCraft brand
Zeelander Yachts of the Netherlands has launched a new brand called DutchCraft. The first model in the series, the DutchCraft 56, will have its global debut at the Cannes Yachting Festival in September.
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NewsMOU signed between HKCYIA and yacht insurance company
The Hong Kong Cruise & Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd in a move to offer insurance solutions to the superyacht community in Hong Kong. The MOU follows the one signed earlier this year with the Singapore Yacht Show organiser ...
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