Latest Company News – Page 183
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NewsEdmiston expands US office network
International superyacht services business Edmiston has expanded its presence in the US with the opening of a new branch in Newport, Rhode Island.
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NewsMercury Marine to offer outboards on select Sportsman models for the first time
Mercury Marine, a division of Brunswick Corp, is to offer Mercury outboard engines – including the 350 and 400 Verados and other high horsepower Mercury outboards – for the first time on nine Sportsman models beginning on November 1.
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NewsPardo Yachts Miami relocates
Pardo Yachts Miami LLC, the Italian builder’s representative for the Americas and exclusive dealer for Florida, has moved to a centrally located office loft at 64 NW 54th St in the Wynwood Design District of the Little Haiti area.
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NewsCompX shares soar 21% at Friday’s close
CompX International, whose holdings include Livorsi Marine and Custom Marine Inc (CMI), saw its stock jump slightly more than 21% to close at US$16.95 at the end of trading on Friday 18 September.
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NewsCandela raises €8m in investment
The Swedish start-up has received significant financial backing
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NewsCruise.com takes on smaller craft in partnership with The Moorings
Private yacht charter brand The Moorings has expanded its scope for attracting new customers by forming a partnership with Cruise.com, a leading US-based internet cruise booking seller and division of Omega World Travel.
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NewsNanni in supply deal with Swedish shipyard
French engine manufacturer Nanni has signed a deal with Swede Ship to install its T8V.370 marine diesel engine oboard a line of 8m boats for Swedish and Norwegian search and rescue operations.
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NewsAzimut-Benetti CEO announces closer brand links & new model plan
Group financial results better than last year and nine new models planned over the next 18 months
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NewsCooney Marine announces biggest expansion in firm’s history
UK marine equipment manufacturer Cooney Marine has announced the largest expansion in the firm’s history, with the addition of a new 9,000sq ft state-of-the-art production facility and a high-tech design and technology centre at its Kettering site.
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NewsVETUS launches virtual boat show
Dutch equipment distributor and manufacturer VETUS has launched a virtual boat show in order to showcase its products and systems. The VETUS Virtual Boat Show allows visitors to ‘walk’ around the company’s virtual stand, browse a range of equipment, and view product information and specifications. The platform will also be ...
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NewsUK maritime training business fighting to survive
Red Ensign Training hit hard by Covid-19 and impact on marine industry
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NewsSimpson Marine sells first Sanlorenzo SL96 in Asia
As reported by IBI in July, yacht sales in Hong Kong continue to be strong as Sanlorenzo Asia, represented by Simpson Marine, announced the sale of the first SL96 Asymmetric in Asia into Hong Kong. The SL96A made its debut at the 2020 Düsseldorf Boat Show and has been well-received ...
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NewsNova Luxe president targets ‘remote worker’ for future yacht sales
Nova Luxe president Marc Hawxhurst believes the rise of the ‘remote worker’ signals a new frontier in growing the global yacht market.
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NewsSunseeker invests capital to accelerate growth
Sunseeker has been back to full production since June The UK’s Sunseeker International, together with backing from its Chinese majority shareholder Dalian Wanda, is investing additional working capital with immediate effect in order to accelerate future growth plans. The brand is investing over £38m in new product ...
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NewsPrincess Yachts takes on record number of apprentices
The UK’s Princess Yachts is taking on a record number of 66 new apprentices this September after conducting 224 Zoom interviews for the positions over the lockdown period.
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NewsWhisperPower appoints French distributor
Dutch power and propulsion specialist WhisperPower has chosen SEIMI, part of the Alliance Marine Group, to serve as its overall distributor for the marine markets in France.
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NewsRiviera reports strong sales of flagship model
The launch at the Sanctuary Cove International Boat Show in May last year of three Riviera Sports Yacht models in a new Platinum Edition saw the Australian boatbuilder move up a gear into a more luxury styling. The success of that initiative has been highlighted with news that it has ...
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NewsOXE agrees major order but scales back on 2020 growth forecast
Swedish diesel outboard engine manufacturer OXE Marine has signed a letter of intent with current central and southwest US distributor Diesel Outboards LLC (part of the Outdoor Network group) to expand ODN’s distribution territory to also cover southeast US. ODN’s expanded territory will include Florida, which according to OXE representants ...
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NewsBeneteau sells US plant; scales back at other facilities
Group Beneteau’s US production facility in Marion, South Carolina is being purchased by a fibreglass pool manufacturer, while the Group reduces production capacity and headcount across other facilities
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NewsVIVIC signs US$100m contract for development of electric yacht
VIVIC Corporation will be developing a US$100m smart electric yacht manufacturing project with the Quanzhou Taiwanese Investment Zone Management Committee. The 33-acre site in China will include a production plant and what a company news release describes as “an exhibition centre for electric yachts”. The company said it has completed ...
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