Latest Company News – Page 178
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Propspeed partners with CMP Group Ltd for international distribution
New Zealand-based underwater coatings specialist Propspeed has partnered with CMP Group Ltd for international distribution. Under the terms of the agreement, Propspeed will be distributed by CMP Europe in Italy and Jia Da Specialty Metals, a division of CMP Group, in China.
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Dufour in strategic alliance with Synergy Yacht Sales
The two companies will work together on the development of the Dufour 48 catamaran
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Fortress Anchors appoints new European sales rep
US-based anchor manufacturer, Fortress Marine Anchors, has appointed IMDS as its sole sales representative in Europe.
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Brunswick ramping up production to meet off-season demand
Brunswick Corporation’s impressive double-digit growth during third-quarter landed CEO David Foulkes an appearance on financial network CNBC’s ‘Mad Money’ to close last week, where he told host Jim Kramer the boat and motor manufacturer is tolling up production at all of its plants.
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Drydocks World replaces Damen in Bijela superyacht refit yard development
Damen asked to be replaced
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Brisbane to boost role as superyacht refit centre with Rivergate Shipyard expansion
Rivergate Marina and Shipyard, one of Australia’s leading superyacht refit and repair facilities, is embarking on a A$200m expansion project that will see some 1,500 marine industry jobs being created. It is estimated that this investment could boost the Queensland economy by A$1bn a year and also create some 500 ...
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Investment plan in Perini Navi develops
Last month Blue Skye Investment Group announced it had reached an agreement to restructure and inject capital into the near-bankrupt shipyard Perini Navi.
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Rock star restores famous SA classic boat for ‘acoustic’ circumnavigation
A South African rock star has bought one of the country’s best-known classic boats with a view to circumnavigating the globe – with an on-board recording studio, the local Sunday Times newspaper reports.
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Heysea Yachts exhibits first sailing catamaran at Shenzhen show
Italian and UK designers are both involved in the project
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Australian BIA restructures to cope with changing market conditions
Australia’s Boating Industry Association (BIA) has undertaken a restructuring of its organisation in order for it to respond to Covid-19 disruptions and the changing business and consumer needs.
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Jotun introduces new superyacht lifecycle services solution
Norwegian-headquartered marine coatings and anti-fouling specialist Jotun has launched a new aftersales and lifecycle solutions service called JotunCare which is dedicated to superyachts. Jotun claims to be the number one global provider of advanced marine coatings and antifoulings to superyachts and the new service is aimed at expanding its presence ...
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New Volvo Penta president outlines challenges and changes going forward
Sustainability a key theme as well as attracting new and younger people
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Vanquish Yachts secures 35m superyacht order from US client
Vanquish COO Sander Mars: “US clients are getting used to aluminium” Since its founding in 2012, Vanquish Yachts has built fast luxury dayboats at a blistering pace. It’s a tale of peerless success: the Dutch maker of aluminium tenders and day cruisers just scored an order for ...
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Azimut-Benetti Group reports strong Asia-Pacific sales
The Asia-Pacific area continues to play a strategic role in terms of Azimut-Benetti Group sales. Thanks to its longstanding presence in key countries in the area, the Italian boatbuilder has an excellent reputation and unparalleled reach across the region.
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Danfoss to power Bangkok fleet of electric ferries
Some 27 zero-emission passenger ferries will soon replace aging diesels on Bangkok’s Chao Phraya River in a bid to improve air quality and clean up the water supply in the Thai capital.
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Aquatic AV appoints Finnish distributor
Aquatic AV, the US manufacturer of specialist waterproof AV equipment, has named Norcap as its new Finnish distributor.
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French builder of amphibious boats opens US office
Iguana, the French builder of amphibious sportsboats has opened an office in New York and has marked this with an order from the US Navy for two of their advanced amphibians. The contract with the US Navy marks a significant development for the newly established commercial/military side of the business, ...
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DMS Holland determined to widen range of stabilisers
Under new management, DMS Holland vows to stay the course and widen its range of yacht stabilisers. It is now developing two new systems.
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Mercury Marine and Beneteau strengthen partnership
Mercury Marine, a division of Brunswick Corp, has announced an expanded partnership with Beneteau on a global scale to leverage both companies’ leadership position and offer Beneteau customers Mercury power on all 2021 models. The announcement comes exactly two years to the day when Mercury Marine and Beneteau announced a ...
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Ferretti wins 2020 Media Key award for new ad campaign
Italy’s Ferretti Yachts has picked up a 2020 Media Key award for its ‘Just Like Home’ advertising campaign.