Latest Company News – Page 223
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NewsSY services firm anticipates ‘better than expected’ full-year results
After a challenging 2018, the Global Yachting Group (GYG) has issued a trading update that suggests the “positive momentum” experienced in the first half of 2019 will result in a “profit performance for the full financial year that will be ahead of current market expectations”.
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NewsEnterprise Florida creating jobs through export growth
With only 4% of US companies exporting goods, state organisations like Enterprise Florida play an important role in helping businesses move into foreign markets with the goal of stimulating job growth through export growth. So, it’s no surprise that nine of the 13 US exhibitors at the Sydney International Boat ...
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NewsMaritimo pursues ambitious global expansion plan
An active new model launch programme, major facility investment, and increasing the global reach of its international dealer network are all facets of the ambitious expansion strategy for Maritimo, the Australian luxury yacht builder.
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NewsCanadian boat dealer subject of fraud investigation
The Royal Canadian Mounted Police (RCMP) have arrested one person and siezed a number of boats as part of an ongoing fraud investigation into a Vancouver-area boat dealership.
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NewsENATA upgrades Foiler design for 2020
Hailed by its builders as the world’s first production foiling yacht, UAE-based ENATA Industries’ new ‘Foiler’ had its world debut at the Dubai International Boat Show in March 2018 and has now been upgraded. The company has released images and details of its new 2020 edition which, according to the ...
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Polish boatbuilder to invest $3.9m in new production hall
Polish boatbuilder Northman has unveiled plans to invest some PLN 15m (US$3.9m) to build a new production hall. The project is related to increased demand for the manufacturer’s craft.
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NewsJohnson Yachts looks to a strong future after celebrating 30 years
In terms of the Taiwanese superyacht building sector over recent decades, Johnson Yachts Co Ltd, which recently celebrated 30 years, is without doubt a survivor.
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NewsSunseeker East Coast Australia expands Queensland presence
One of the newest tenants at the Gold Coast City Marina & Shipyard (GCCM) is Sunseeker East Coast Australia (SECA), the official dealer for the leading UK luxury yacht brand. The Sunseeker East Coast Australia dealership covers the key markets in Australia of Queensland and New South Wales plus Victoria.
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Lumitec partners with KenCraft Boats
Lumitec, a designer and manufacturer of extreme environment LED lighting solutions, has been named the official lighting supplier for KenCraft Boats for all their primary lighting needs.
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NewsExide obtains DNV GL certification renewal
Battery manufacturer Exide Technologies, a global provider of stored energy solutions, has been awarded renewed DNV GL certification for its AGM and GEL Marine & Leisure batteries. The certification means the batteries have been declared safe and reliable for use at sea.
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Yacht broker sues developer for US$725,000 commission
A pair of lawsuits that span the Eastern seaboard of the United States are pitting a New York real estate developer against his long-time yacht broker who claims he was cheated out of a US$725,000 sales commission.
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NewsPearl Yachts targets Asian market
The UK’s Pearl Yachts has formed a new collaboration with NextWave Yachting, a yacht services and brokerage company serving clients in Hong Kong. Following the signing of an agreement in early July, NextWave Yachting will now act as the exclusive dealer of Pearl Yachts in this region.
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NewsRolls-Royce to rebrand Power Systems division
UK engineering group Rolls-Royce has announced that it is planning a rebranding of its Power Systems division which includes the core MTU brand. The latter is a top provider for supplying engines for superyachts.
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NewsFocus on affordability at 2020 Smoker Craft dealer event
US independent boatbuilder Smoker Craft Inc unveiled a wide range of new models at its 2020 model year dealer meeting this week, with a clear focus on capturing market share among entry-level and mid-level buyers.
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NewsMCM unveils details of first Heesen project
MCM, a yacht management and new-build superyacht firm based in the US, has unveiled details of its first project with Heesen Yachts of the Netherlands.
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NewsLatvian yard completes first yacht
Latitude Yachts has completed the construction of its first yacht, a trimaran, at the company’s shipyard in Sarkandaugava, within the Freeport of Riga, in Latvia.
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NewsMotorGuide and Lowrance extend partnership agreement
Lowrance and MotorGuide have announced their continued partnership after signing a long-term cooperation agreement in July. Both brands will continue to collaborate on sonar compatibility and chartplotter integration between MotorGuide trolling motors and Lowrance sonar and chartplotter technologies.
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NewsFischer Panda extends partnership with UK builder
Fischer Panda UK’s variable speed iSeries 5000i Neo and 8000i generators have chosen by Fairline as the cost option gensets for its new F//Line 33 express cruiser.
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NewsFastmount announces master distributor in Spain
Fastmount, the New Zealand-based manufacturer of hidden panel mounting systems, has announced Riviera Trade as its master distributor for Spain.
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NewsMarinevac expands in Caribbean
Marinevac, a marine vacuum system cleaning specialist based in Palma de Mallorca, has announced a new partnership with Sea Grapes International in the Caribbean.
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