Latest Company News – Page 159
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Perini Navi rescue deal put forward by owning company Fenix
€50m capital increase projected in deal with Italian investment fund
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Yamaha CEO issues European-wide apology
Yamaha Europe president makes heartfelt apology to dealers and customers regarding supply problems
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Hurricane Boats expands manufacturing
US fibreglass boat builder begins production at former Rinker plant
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Canadian electric fan manufacturer expands
Caframo adds more employees and production space in bid to keep up with surging market
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Smartgyro enters Australian market
Italian stabilisation specialist expands dealer network Down Under
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U-Boat Worx delivers five subs, expects to double that by year’s end
All models ended up on high-luxury expedition cruise ships or superyachts
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Ultramar chooses NMG for UK distribution
Nixon Marine Global (NMG) Ltd has completed an agreement to distribute Ultramar outdoor fabric cleaners from the Netherlands on the UK market. Nixon has been distributing Yellow Dolphin’s Grunt boat cleaner and Super Stainless products in North America since 2019 and provides sales representation in Europe. “We are pleased to ...
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Fountaine Pajot becomes first yacht-builder to offer hydrogen as onboard energy option
Energy Observer Developments’ system will replace gensets to provide clean electricity
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Fairline unveils new layout on F/LINE 33
Customer feedback helps UK builder improve on popular model
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Auckland yacht dealer expands
Princess, Boston Whaler dealer Sports Marine opens Westhaven location in response to growing demand for larger boats
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Superyacht service firm starts 2021 strongly with record order book
FY2020 saw moderate drop in results
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Transfluid equips Fassmer cruise tender with hybrid system
Fassmer’s hybrid tender, the PLL 1099 Italian power transmission manufacturer, Transfluid SpA, has installed a diesel-electric hybrid propulsion system on a new cruise tender from German builder Fassmer. The PLL1099 is a combined tender and lifeboat that can carry up to 114 people when used as a ...
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Ocean Signal triples size of UK facilities on back of increased demand
Move to new Margate facility significantly boosts production capacity at the UK firm
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Cruisers Yachts buys former Carver/Marquis facility
US builder says growth over the past 24 months has been “unprecedented”
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Lalizas UK becomes Pains Wessex distributor
Lalizas UK has been appointed the new UK leisure distributor for Pains Wessex pyrotechnics. The team at Lalizas UK will be working to strengthen the existing distribution network in the UK, as well as seeking new business opportunities, to increase the brand’s presence within the leisure marine market. Lalizas UK ...
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Decision on Perini Navi bankruptcy likely to be delayed by some days
Shipyard workers express growing impatience for outcome to be made known
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Patrick Industries closes US$350m notes offering, credit facility
Increase in credit facility gives company ’dry powder’ for growth plans
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Ancasta combines group activities to upgrade client service provision
Merger expects much larger turnover to be generated in fiscal year 2021
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The Boat Works invests A$30m in new service hub for marine professionals
Latest development adds to previous A$100m expansion as industry booms