All Europe articles – Page 128
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News
2019 Foiling Award winners named in Milan
Third annual Foiling Awards recognise technical excellence in eight different categories
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Historic Italian brand re-enters yacht market
Iconic Italian boatbuilder Falcon Yachts has re-entered the market following its recent acquisition by T-Quest Holdings of the Middle East.
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CRN M/Y 137 achieves IMO Tier III certification
CRN, a Ferretti Group brand, has become the first shipyard in Italy to receive IMO Tier III certification for its CRN M/Y 137, a 62m fully custom steel and aluminium megayacht that is soon to be de
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Market Overview | Italy
Italy’s industry is riding high, but can the growth rate be sustained? Exports and confidence continue to rise as the industry gets ready for what it predicts will be another good year
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Ukrainian government backs building of largest marina in the country
Ukranian President Vladimir Zelensky has supported the implementation of one of the most ambitious projects in the history of Ukraine’s leisure marine sector – the building of a new yachting complex and marina in Yuzhne, a port city on the Ukranian Black Sea coast.
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Sanlorenzo’s 2019 preliminary results show 39% growth in revenues
Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m
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Sanlorenzo opens new production facilities in Ameglia
The project began in 2018 and involved over 200 workers, 20,000 hours of design and 250,000 man hours
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Italy’s marine trade associations reunite
Members of UCINA and Nautica Italiana agreed to combine their organisations into one body to represent Italy’s boating industry domestically and internationally
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Serbian group to invest in new Italian marina
Serbia’s MK Group has announced plans to invest some €110m (US$121m) to boost its presence in the Adriatic Sea, including a project to build a new marina in Italy’s Trieste.
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Italy’s ISG yacht group is next up for an IPO
The latest boat industry company to set its sights on a public listing is the Italian Sea Group, with plans to float up to 35% of its share capital on the Italian stock market in the second half of 2020
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Beneteau enters expedition market
Group Beneteau has announced its entry into the expedition yacht segment with Project E – a new line of displacement yachts which will be launched in 2021 in two lengths – 62- and 73-feet. Models of the new vessels are on display at Boot Dusseldorf.
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Early estimates show 2019 growth in Italy
Preliminary estimates from members of the Italian boating industry point to continued growth in 2019, approaching 10%
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Italian yard re-enters market with new vision
Italian shipyard Aicon Yachts has re-entered the market with a new semi-custom model, the 20m Aicon 66, due for launch soon.
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Transfluid obtains DNV-GL Type Approval
Transfluid Trasmissioni Industriali, an Italian power transmission manufacturer, says it has recently become the world’s first company to obtain two DNV-GL Type Approvals – one for its complete range of marine parallel hybrid modules and another for its LiFePO4 Battery Banks.
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Sanlorenzo IPO to proceed at £16 per share
Italian yachtbuilder Sanlorenzo confirms the success of its public offer for up to 35% of the company’s share capital
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Sanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December
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Sanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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Lignia Wood Co appoints new dealer for Italy and Switzerland
Growing involvement with yacht market