Latest Company News – Page 198
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NewsFinancial businesses take action on COVID-19
Two financial businesses – a Bermuda-headquartered international insurer and a leading French bank – are taking steps to provide the financial resources to cover for the impact of the COVID-19 pandemic.
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NewsOrion and Smuggler awarded High Court costs from Sealegs
Following a lengthy court battle lasting almost four years, the Auckland High Court in New Zealand has sealed an order for costs against amphibious boatbuilder Sealegs. This brings the total of costs awarded against Sealegs to circa $500k with the costs to be paid immediately.
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NewsDream Yacht Charter to open new base in US Virgin Islands
Dream Yacht Charter, a privately-owned yacht charter firm with a fleet of over 1,250 boats, is to open a new Caribbean base on June 1 at Compass Point Marina in St Thomas, US Virgin Islands, in partnership with Virgin Islands Yacht Charters.
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NewsSanlorenzo signs €10m financing contract
Italian superyacht-builder Sanlorenzo has signed a €10m financing contract with Cassa Depositi e Prestiti (CDP), a prominent Italian investment bank, to fund new investment in research, development and innovation for the period from 2020-2022.
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NewsDamen Shipyards Group launches yachting division
Family-owned Damen Shipyards Group has formally created a division housing its Amels superyacht unit, its Yacht Support and SeaXplorer brands, its Full Custom yachts and yacht refit services.
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NewsFilippetti and Twin Disc sign commercial agreement
Italian shipyard Filippetti Yacht has signed a commercial agreement with Twin Disc Inc in the US to power all of its performance with yachts with Twin Disc’s Arneson Surface Drives (ASD) system.
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NewsNorth Sails supplies medical facilities in Japan
The Japan unit of sail manufacturer North Sails has switched to making gowns for medical personnel fighting the coronavirus.
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NewsHexcel obtains DNV GL type approval
Hexcel, the US supplier of advanced composite materials to the marine and other markets, has announced that its HexPly M79 prepreg materials have achieved Type Approval Certification from DNV GL.
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NewsCovid-19 likely to change future working practices in marine leisure sector
More home working anticipated to become a regular feature going forward
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NewsNanni maintains operations
French engine manufacturer Nanni has released a statement to say that most of its staff have been ‘teleworking’ since March 17, when France officially entered lockdown, including the company’s spare parts, aftersales, commercial, R&D and administrative departments.
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NewsReckmann reports strong demand for new sun awning systems
Reckmann, the German rigging and hydraulics specialist that entered the sun-shade systems market when it acquired Sailtec Custom Projects in 2015, has announced that the first new-build yacht project to feature Reckmann’s new curved sun awning poles has just been delivered by a German shipyard.
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NewsYachting Developments restarts operations
Yachting Developments (YD), the New Zealand superyacht builder, has announced that it has resumed operations following a five-week break due to the COVID-19 pandemic. The resumption comes at a time when New Zealand is reopening on the basis that the country has for now managed to contain the coronavirus.
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NewsLippert Components to relaunch US production on May 4
Enhanced safety measures allow global equipment manufacturer to resume operations at more than 70 US plants
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NewsMarquis Yachts notifies state of June layoffs
US boatbuilder to temporarily lay off more than 100 workers due to slowdown in business
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NewsSchenker Watermakers prepares for restart
The Italian watermaker specialist is implementing new safety measures in preparation for its May 4 reopening
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NewsSailfish Catamarans introduces new 3200 Platinum
The 3200 Platinum Australian boatbuilder Sailfish Catamarans is developing a new model of its popular 3200 Platinum armour-plated aluminium catamaran that was originally due for launch at the now cancelled Sanctuary Cove and Sydney boat shows. According to a company statement, the new design has all the ...
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NewsUS marine company to trial robot water taxis
A US technology company, Buffalo Automation, is planning to hold trials of an unmanned robot water taxi in the UK’s southwest port of Plymouth, hopefully this summer, once the Covid-19 situation eases.
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NewsCalifornia yacht brokers merge
West Coast Yachts and Dream Catcher Yacht Sales have merged and will do business going forward under the West Coast banner.
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NewsFrench boatbuilder outlines growth strategy
Alubat looks to reinforce position in the aluminium, bluewater, cruising yacht market
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