Latest Company News – Page 219
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NewsPolish builder overhauls product range, plans new investments under new ownership
Polish boatbuilder Delphia Yachts Shipyard, a subsidiary of Groupe Beneteau in France, is aiming to intensify its expansion plans with the launch of new investments and the introduction of new models to its product range.
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News
Florida businessman accused of US$1.5m yacht Ponzi scheme
A Florida business owner was arrested Friday and faces multiple charges associated with operating his yacht brokerage firm as a Ponzi scheme and cheating four customers of US$1.5m.
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NewsSanlorenzo files application for listing with Milan Stock Exchange
Following its announcement in Cannes that it would pursue its planned initial public offering (IPO) stock listing, Italian yacht-builder Sanlorenzo today confirmed that it has filed an application to join the Milan Stock Exchange (Borsa Italiana).
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NewsSA supplier opens Cape Town warehouse
South African marine supplies company Manex & Power Marine have opened a new warehouse facility in Maitland, the company confirmed last week.
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NewsASA Electronics renews IBBI supply agreement
Elkhart, Indiana-based marine audio equipment manufacturer ASA Electronics announced on Friday that the company has renewed its existing supply agreement with Independent Boat Builders Inc (IBBI), a US-based buying consortium consisting of 18 independent boatbuilders representing 36 different brands.
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NewsAbsolute on expansion trail as award-winning production methods bear fruit
Italian builder registers 18% year-on-year growth and spotlights significance of its ISS manufacturing system that picked up a Boat Builder Award in 2018
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NewsSanlorenzo SL106 Maritta S sold
Sanlorenzo Spain, the exclusive agent for Sanlorenzo in Spain and the Balearic Islands, has sold its fifth pre-owned Sanlorenzo yacht above 24m since the start of 2019. The sale of the 32.2m Sanlorenzo SL106-634 Maritta S follows the sales of Y4H, I, Zulu and India earlier this year.
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NewsCorrect Craft eyes future expansion
Correct Craft is eyeing future expansion possibilities with the purchase of 60 acres adjacent to its Orlando, Florida headquarters.
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NewsAstondoa plans three new models for 2020
Spanish yacht-builder Astondoa is planning to introduce three new models for 2020, one in each of its three composite model ranges. They are the 377 Coupe, 82 Flybridge and 125 Century.
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NewsCMC Marine grows presence in China and Taiwan
Italian stabilisation specialist CMC Marine recently organised a roadshow in Taiwan to present its products to the Asian market. The company organised a series of events and meetings at Kha Shing’s Pier 22 Marina in Kaohsiung, with over 30 managers from the main shipyards in the area (including Ocean Alexander, ...
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NewsConsistent expansion as Fairline rebuilds and grows
Since the new ownership took over at Fairline Yachts in early 2016 following the collapse of the company, Fairline’s management has pursued a consistent strategy of rebuilding resources and investing in new product development, new facilities and existing facility upgrades. This continues, with some staggering to match operational needs with ...
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NewsBarrus expands chandlery market activities
British marine engine and equipment distributor EP Barrus has announced it has reached an agreement to become a distributor of Akzo Nobel’s International Paint brand in the UK. Late last week it also signed an exclusive distribution agreement to represent the Italian company Glomex’s line of antennas and connectivity products ...
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NewsPursuit signs new Canadian dealer
Fort Pierce, Florida-based fibreglass fishing boat builder Pursuit Boats has expanded its global dealer network with new representation in western Canada.
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NewsDutch boatbuilder says future looks “rosy”
Dutch boatbuilder Saffier Yachts says it built 47 daysailers in 2017, 52 in 2018 and will produce 61 this year. The Dutch yard expects growth to continue, by leaps and bounds, in the years ahead.
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NewsAzimut-Benetti celebrates 50 years at stylish gala event
The Azimut-Benetti Group celebrated reaching 50 years of age in style at a gala event at the famous Eilenroc Villa with over 500 people, including at least 250 clients participating. The event went on long into the evening and included a bespoke fashion show by Giorgio Armani. Azimut-Benetti is the ...
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NewsStingray celebrates 40th anniversary with three new models
Fibreglass boat builder Stingray Boats celebrated a major milestone at its annual dealer meeting this week as the company marked 40 years in the boatbuilding industry.
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NewsNauticStar Boats receives NMMA Export Global Star
The National Marine Manufacturers Association’s (NMMA) latest Global Star for Exporting recipient is NauticStar Boats.
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NewsPearl Yachts introduces new Pearl 62
The UK’s Pearl Yachts has announced a new model, the Pearl 62, at the Cannes Yachting Festival. Alongside this, the company also highlighted a strong sales position over the past year.
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NewsFire destroys Rhode Island boatbuilding facility
A fire at Wickford Shipyard in Rhode Island early Tuesday morning destroyed the building housing George W Zachorne Jr and Sons, a builder of wooden sailboats since the 1980s, as well as Coastal Ironworks.
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NewsFerretti continues strong financial performance
The strong 2018 fiscal performance of the Ferretti Group, now comprising eight brands following the acquisition of Wally earlier this year, has continued into the first half of 2019. Complementing this is a €350m increase in capital from the group’s two shareholders, Weichai and Ferrari, and the prospect of an ...
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