All articles by David Robinson – Page 88
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NewsPerotti returns Sanlorenzo to full Italian ownership
The pace of development at Italian superyacht-builder Sanlorenzo has been a challenge to keep up with over the past few years. From the group’s latest news, it appears that the pace will not slow in 2019, as chairman and CEO Massimo Perotti highlights share buybacks, ongoing plans for new SL ...
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NewsBurma Boating adds solar-powered cat to fleet
A 16.7m Silent 55 catamaran has been purchased by Burma Boating for charter voyages in the Mergui Archipelago in Myanmar. A subsidiary of the Memories Group, Burma Boating is a leading player in the growing Myanmar leisure marine market.
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NewsDoyle Sails expands presence in Ireland
Doyle Sails International has expanded its presence in Ireland with the opening of a new loft in Galway. This, the company states, is to better serve the rapidly growing sailing industry in Ireland.
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NewsFirst edition of combined Thailand shows kicks off in Phuket
The first edition of the Thailand Yacht Show & RendezVous (TYSRV) opened today and runs until January 13 at Royal Phuket Marina. The show represents a common-sense approach to the Asian boat show calendar in that it effectively combines what could have been three events into one.
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UK marine firms in recent takeover deals
Two specialist UK marine firms – the Martek Group and Marindus Group Ltd (MGL) – have been taken over recently by UK and Swedish companies respectively.
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Colonial to sell off Hargrave Custom Yachts
Ft Lauderdale-based Colonial Yacht Sales has announced plans to sell off its Hargrave Custom Yachts brand in the first half of 2019. Colonial owner Michael Joyce, who also serves as CEO of Hargrave, and Michael DiCondina, president of both Colonial and Hargrave, have said that that they will seek the ...
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NewsNetherlands joins America’s Cup challenge
A joint Dutch challenge from the Royal Netherlands Yacht Club Muiden and the Royal Maas Yacht Club for the 36th America’s Cup has been accepted by Emirates Team New Zealand and the Royal New Zealand Yacht Squadron.
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Gordon Dadds completes £27m Ince & Co takeover
The £27.3m acquisition of the UK assets of Ince & Co LLP law firm by AIM-listed Gordon Dadds LLP has now been completed and the shares in the enlarged company, Ince Gordon Dadds, have resumed trading. Ince & Co is one of the largest superyacht law firms worldwide.
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NewsGlobal superyacht market starts year on strong footing
Deliveries, launches and keel-layings all feature in what measures up to be a flurry of activity at superyacht yards at the end of 2018 and start of 2019. The latest project news comes from Brazil, Italy and particularly the Netherlands.
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Hamble School of Yachting acquired
Clipper Ventures, organiser of the Clipper Round the World Yacht Race, has acquired the Hamble School of Yachting, one of the Royal Yachting Association’s (RYA) leading UK sailing schools. The acquisition, for an undisclosed price, is part of Clipper’s strategy to grow its involvement with offshore sailing.
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NewsGreek privatisation agency accepts bid for Chios Marina
Greece’s privatisation agency, the Hellenic Republic Asset Development Fund (HRADF), has accepted an improved bid of €6.21m for the 180-berth Chios Marina in return for a 40-year concession on the facility.
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NewsBenetti formalises strategic partnership with Australian refit yard
Brisbane, Australia-based Rivergate Shipyard & Marina has formalised its long-time partnership with Benetti, with it being selected as the Italian brand’s strategic partner in Australia and the Pacific.
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News1st China yachting summit planned for 2019
A new strategic summit which will address the prospects for yachting, marine tourism and related infrastructure in China is planned to be held in Hainan from March 25-27, 2019. The event follows a recent roundtable held in Hainan to discuss the Chinese market and in particular the plans for Hainan, ...
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Pwllheli Marina ownership may move to private sector
In response to a dwindling number of berth-holders in Wales, Gwynedd Council is considering placing the operation of Hafan Pwllheli, a 400-plus berth marina in the north Wales region of the UK, to the private sector. The marina can accommodate yachts of around 20m (66ft) or more.
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Indian Empress crew payments dispute concluded
Indian billionaire Vijay Vittal Mallya, owner of Kingfisher Beer’s Force One India, has had little pleasure of late from the two superyachts he is, or has been, associated with.
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Greece third in superyacht ownership league
Two recent reports by Bloomberg and Knight Frank indicate that Greece is third in the league of global superyacht ownership for vessels over 40m (131ft) in length. Greece is also the fourth most popular destination for such sized yachts to visit.
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NewsMonaco Marine’s new yard in La Seyne-Toulon opens for business
The latest and seventh shipyard in Monaco Marine’s South of France network is now fully operational, having opened last month. Located at La Seyne-Toulon, the new yard is a state-of-the-art facility for maintenance and refit and will specialise in superyachts from 30m-55m (98ft-181ft).
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NewsPorto Montenegro and Damen to redevelop commercial shipyard for superyachts
In a 50:50 joint venture between the Damen Shipyards Group and Porto Montenegro (PM), some €20m will be invested in developing a superyacht refit and maintenance facility at Bijela able to handle vessels up to 120m (394ft).
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Fairline reports 144% rise in turnover in 2017
The UK’s Fairline Yachts continued down the path to recovery in 2017, the company’s 50th anniversary year, with turnover up by 144% to £24.1m.
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NewsMaritimo near to completing major expansion
Australian luxury yacht brand Maritimo continues to move its activities up a gear through expansion of its facilities, dealer network and model range.
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