All articles by David Robinson – Page 86
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NewsMajor investment proposed for Cairns Marine Precinct
A major multimillion-dollar investment is in prospect for the Queensland port of Cairns which, if implemented, could see local shipyard capacity enhanced and new common-user facilities developed. The proposals are contained in a study called the Cairns Marine Precinct (CMP) Growth Strategy.
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NewsIEC Telecom boosts involvement in Scandi yacht-racing
Global satellite communications firm IEC Telecom has strengthened its ties with the Scandinavian yacht-racing sector through a new collaboration deal with Sports-Partner AS, organiser of the Skagen Race.
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NewsGreen light for Mauritian masterplan
The strategic development plan commissioned for the Mauritius Ports Authority (MPA), which runs up to 2040, includes options for both new facilities for yachts and upgrades to existing facilities.
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NewsFincantieri acquires minority stake in Italian shipbuilder
The global shipbuilding and Italian state-owned group Fincantieri has acquired a minority stake in the Genova Industrie Navali (GIN) shipbuilding business. The transaction also includes an option for Fincantieri to buy a minority stake in the T Mariotti shipyard, a subsidiary of GIN which has a dedicated yacht-building arm, Mariotti ...
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NewsPalau Ship Registry introduces new registration options
The Palau International Ship Registry (PISR) has introduced three new yacht registration options for chartering. Yacht owners can now choose from a one-year, three-year or five-year registration that offer different costs and come with no annual fee.
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NewsAYH pursues initiative to record history of yachting
The annual general meeting of the Association of Yachting Historians (AYH), held last weekend, highlighted its core objective of recording the history of yachting in the UK and elsewhere.
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NewsWinch Design reports strong 2017/18
London, UK-based superyacht design studio, Winch Design Ltd, increased its turnover and pre-tax profit in the financial year ended May 31, 2018. The company, which also undertakes design work on houses, aircraft and other projects, described its yacht design activity as being ‘stable’.
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NewsBIA rejects plans for 25% tax on new and used boats in New South Wales
The plan put forward by the New South Wales Labour Party to impose a 25% tax on new boats and second-hand recreational boats has been rejected by the Boating Industry Association (BIA), which was surprised by the announcement.
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NewsMaritimo reports strong sales from Miami show
Australian yacht-builder Maritimo has reported that it experienced strong sales at the recent Miami International Yacht Show. The company, which is actively working to grow its presence in the North American market, used the show to debut two enclosed flybridge models – a beach club version of the X60 and ...
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NewsNew group lobbies for superyacht marina in Taiwan
A new group, the Kaohsiung International Marina Development Association (KIMDA), held its first meeting recently to develop plans for the establishment of a superyacht marina in Kaohsiung. The group was initiated by Captain Paul Brackley, who heads up Central Yacht in Hong Kong.
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V.Group acquires Global Marine Travel
V.Group and Inchcape Shipping Services (ISS) have switched their agency and marine travel interests between each other. It has not been disclosed if any money has changed hands or whether it is a straight swop of two business activities.
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News€3.1m upgrade for Balearic port
A €3.1m upgrade to the port of Molinar in Palma de Mallorca is due to begin on March 18. The upgrade will include improvements to the marine facilities and related onshore buildings.
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NewsDMCA upgrades Sea Dubai initiative
The Dubai Maritime City Authority (DMCA) has used the 2019 Dubai International Boat Show (DIBS) to launch new smart services and unveil an upgrade to the Sea Dubai initiative launched a year ago.
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NewsUAE to introduce 180-day cruising permit
The UAE is planning to introduce a 180-day cruising permit once a number of outstanding points have been resolved. The initiative forms part of the country’s future strategy to attract more superyachts to the region, and its ambitions to develop the UAE’s marinas – particularly in Dubai – for winter ...
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NewsGulf Craft focuses on non-superyacht range at DIBS
Gulf Craft is calling 2019 “The Year of Nomad Yachts” as it harnesses a smart approach to family yachting with its range of environment-friendly vessels. In line with its serious steps to reduce its carbon footprint, Gulf Craft will be offering customers the solar-power option for all its yachts in ...
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NewsOceanco unveils new explorer SY concept in Dubai
The unveiling of a new superyacht concept by Oceanco has been a regular feature at the Dubai International Boat Show (DIBS) for several years, and for 2019 that concept is the 105m Esquel explorer superyacht. Oceanco says the design was “conceived and designed to explore new territories”.
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NewsEgyptian firm makes first-time DIBS appearance
Dolphin Marine Group, an Egyptian supplier of marine equipment and services, is making its first-ever appearance at this year’s Dubai International Boat Show (DIBS) to grow its Middle East presence and highlight its planned expansion for later this year.
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SUTL Enterprise reports fall in 2018 net profit
Singapore-listed marina developer and operator, SUTL Enterprise Ltd, has reported a net profit of S$5.8m for the year ended December 31, 2018. This is a 14% fall compared with the restated S$6.8m recorded in 2017. Earnings per share slipped to S6.71 cents as against S7.81 cents in the year previous.
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NewsBilgin Yachts joins SYBAss
Turkey’s Bilgin Yachts has joined SYBAss, the Superyacht Builders Association. Membership is only granted to a yard once it has built three superyachts over 40m (131ft) in length.
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