Latest Company News – Page 177
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OXE Marine dealer wins US government contract
OXE Marine AB distributor, Diesel Outboards LLC, has confirmed an order for more than 50 OXE300 outboard motors from Spartan Corp, a premier dealer that has been awarded a US government multiyear contract to outfit and support operations in Central America.
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Informa completes financing programme as part of its Covid-19 action plan
New £150m bond issues and £1.850bn of short-term debt and loan placement cancelled
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Dream Yacht Charter wins US$1.7m judgement
A US District Court judge has let stand a September ruling awarding nearly US$1.7m to the Annapolis, Maryland yacht charter company against Reginald Cummings and his Black Travel Movement (BTM) tour agency. Cummings and BTM had until 26 October to appeal the ruling, but failed to meet the deadline, meaning ...
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Azimut and Brunswick report success at FLIBS
Both Azimut Yachts and Brunswick Corp have reported positive results from the scaled-down Fort Lauderdale International Boat Show (FLIBS) last week.
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Sea Palace Floating Resort launched in Dubai
Located near Dubai Marina, the project is being developed by Seagate Shipyard and El Bahrawy Group at a cost of Dh600m ($165m/£124m). The Sea Palace Floating Resort consists of a hotel and six floating glass boat houses, each priced at Dh20mn ($5.4m).
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Japanese electrical firm appoints European representative
Japanese electrical company Sawafuji Electric Co Ltd has chosen UK-based IMDS to serve as its sales representative in Europe.
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Yamaha to change working practices
Yamaha Motor has announced that its 55,000 employees will be given greater latitude in determining their working hours and place of work as a further development of its work- life balance support programmes.
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Cape Town yard reopens after decade-long hiatus
Capecraft builds ski-craft in the 18ft-28ft range A Cape Town boatbuilding firm has reopened after a 10-year absence from the local market, the South African Boat Builders Export Council (SABBEX) reports. Capecraft Marine builds ski-craft in the 18ft-28ft range for the recreational and commercial sector. Owner ...
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Official supplier Highfield Boats front & centre at start of the Vendée Globe
The eighth edition of the Vendée Globe sailboat race got underway yesterday with 33 racing yachts and a fleet of Highfield RIBs orchestrating the security and organisation of the start.
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Rosetti Superyachts receives planning permission to improve facilities
Italy’s Rosetti Superyachts (RSY) has filed and obtained planning approval from local authorities for an improvement to its current facility in Ravenna, Italy. The plans include a new construction hangar and accompanying offices for building superyachts over 100m in length.
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Sailfish Boats expands dealer network
Sailfish Boats has added nine US and Canadian dealers in the 60 days since Rob Parmentier took over the role of president and CEO back in August.t.
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Ecoworks Marine appoints Australian distributor
UK-based Ecoworks Marine has expanded its distribution network by officially appointing One Stop Marine for Australian territories.
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Stockholm to debut “world’s first charging network” for electric boats
Charging stations will be set up in the Stockholm archipelago Candela, the Swedish electric boat manufacturer, has teamed up with solar energy supplier Nordsol to roll out what it describes as the “world’s first charging network” for electric boats. The new charging posts will be installed in ...
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Silent-Yachts reports strong sales in recent months
Silent-Yachts, the Austrian producer of solar-electric catamarans, has reported strong sales in recent months. The company now has 10 solar-electric catamarans in build – one Silent 55, five Silent 60s and four Silent 80s.
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St Francis Catamarans boosts production despite recent setbacks
South African yard St Francis Catamarans is targeting the hybrid electric market as it rebounds in the wake of recent setbacks. The St Francis Bay yard has boosted production and widened its marketing network on the back of recent orders and enquiries, according to yard chief executive Rob Brennan. Brennan ...
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Highfield Boats appoints SA distributor
Knysna Yamaha to represent Highfield’s RIB and tender range in South Africa
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New Shakespeare Marine distributor for UK
US-based antenna manufacturer Shakespeare Marine has chosen Meridian Zero Distribution Ltd to serve as its new distributor for the UK market. This is in addition to Shakespeare’s long-standing UK distributor, SMG Distribution Ltd.
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No stopping Queensland’s superyacht shipyard capacity
Just days after Rivergate Marina & Shipyard announced a $200m expansion, a further two new developments stand to significantly impact on Queensland’s superyacht shipyard capacity. One of these is a new collaboration involving the Gold Coast City Marina & Shipyard (GCCM) for superyachts up to 120m (394ft) and the takeover ...
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Sunsail to withdraw from Palma; Travelopia responds to tougher climate
The cost of mooring fees in the key Spanish sailing centre of Palma has led to Sunsail, one of the leading sail holiday companies and part of the Travelopia Group, withdrawing from Mallorca, according to a report in the Majorca Daily Bulletin.
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MarineGuard Systems chooses Sonardyne for two new-build superyachts
Navigation and intruder detection technology from UK firm Sonardyne has been chosen by MarineGuard Systems to protect and provide safe navigation for two new-build superyachts.