All Europe articles – Page 133
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New Italian yacht brands launch in Düsseldorf
Two new Italian brands have used boot Düsseldorf 2019 to launch into the global market. Nerea Yachts debuted its NY24 day cruiser and Cetera Yachts introduced the Cetera 60, the first in a new series of ‘multispace yachts’.
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Ferretti forecasts continued growth
Wally acquisition to boost group’s financial strength and performance
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Ferretti acquires Wally brand
After months of negotiations, Italy’s Ferretti Group today announced that it has acquired the Wally yacht brand through an exclusive license agreement. The news will be officially presented at the start of boot Düsseldorf, which opens this weekend.
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Perotti 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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Global 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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Three companies team up to build Nordic group for boat equipment
After working together under the same ownership since July 2017, Sweden’s Hjertmans and Norway’s NMS (Maritim) have joined forces with Sweden’s Byggplast (SeaSea). The goal is to conduct an even wider Nordic consolidation focusing on profitability.
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Custom Line ends record year with two SY launches
Two new Custom Line yachts have launched in the same week at Ferretti’s superyacht yard in Ancona, Italy – Maria Theresa, the sixth Custom Line Navetta 33, and Dilly Dally, the sixth Custom Line Navetta 37.
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Ferretti Group sees deliveries and orders climb
Italian builder claims current production value of over 650 million euros
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Lenco Marine appoints Italian distributor
Lenco Marine, US manufacturer of trim tabs, actuators, hatch lifts and other accessorie, has appointed Osculati Srl to serve as its exclusive distributor in Italy.
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MCY wins ‘100 Italian Excellences’ award
Monte Carlo Yachts (MCY) has received a ‘100 Italian Excellences’ award for its achievements in the nautical sector.
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Hull No 6 of OTAM 80HT sold
Italian boatbuilder OTAM has announced the sale of Hull No 6 in the OTAM 80HT series. Attitude is currently in build at the yard’s facility in Genoa and is due for delivery to its new owner in April 2020.
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New ownership for bankrupt Italian yards
Two Italian yacht-builders that have both been in a bankrupt state have recently been acquired by new owners. The two businesses are Cantieri di Pisa and the Privilege superyacht yard located at Civitavecchia, near Rome. The latter also included an uncompleted shell of the 127m (416ft) Project One.
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EU investigates tax avoidance in Italian, Isle of Man yacht sectors
The European Commission has announced it is implementing infringement proceedings on tax breaks applied in the yacht and aircraft sectors in Italy and the Isle of Man. The procedure is related to the investigations of last year’s so-called Paradise Papers leaks which revealed widespread value-added tax (VAT) evasion in the ...
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Mondomarine sold
Palumbo Superyachts, the yachting division of Italy’s Palumbo Group, has acquired Italian refit and repair yard Mondomarine for an undisclosed sum.
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CRN unveils new series of explorer yachts
Italian shipyard CRN has unveiled the AlfaRosso concept, a new series of explorer yachts designed by Francesco Paszkowski Design. The yachts will be available in three lengths – 45m, 50m and 55m – with a gross tonnage from 499GT for the 45m model.
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Pendennis Shipyard reports record turnover
Employee investment key element in group’s future strategy
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Peters & May renews Antigua Sailing Week sponsorship
UK-based boat transporter to serve as official shipping and logistics partner for the 2019 and 2020 events
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Green light for £75m UK marina redevelopment
Premier Marinas plans to make Noss on Dart marina one of the UK’s finest facilities