Latest Company News – Page 232
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Dutch stabiliser-maker names Turkish distributor
Dynamic Marine Systems Holland, the Dutch maker of roll-damping systems, has named Istanbul-based Arti Marin Mobil Enerji Sisemleri AS as its distributor for Turkey.
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Bavaria restructures
The growth of German boat manufacturer Bavaria Yachts is apparently slower than expected. On Monday afternoon, a regional TV broadcasting website reported that around 5% of the workforce will have to leave. A company spokesman told float magazine that 24 employees have been laid off.
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US yacht supplies company opens NZ branch
US yacht supplies and logistics support group, National Marine Suppliers, has expanded with the opening of a new branch in Auckland, New Zealand.
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Multiflex Marine opens European warehouse
Multiflex Marine, an India-based steering and control cable manufacturer, is host the grand opening of its new European warehouse in the Netherlands this week.
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Dutch SY builder acquires new build halls
Dutch superyacht builder Oceanco has acquired two large build halls from Heerema Fabrication Group, a builder of offshore constructions that has fallen victim to deep cuts in investments in the oil and gas industry.
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Balmar appoints Swedish distributor
US-based Balmar DC Charging Solutions has appointed Start & Generator as its distributor for Sweden.
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Memories Group considers expanding Myanmar marine infrastructure
The Singapore-listed Memories Group is considering expanding its marine activities in Myanmar with the possible development of a marina and shipyard. The new projects would support the group’s initial marine-related investment made in 2018 with the acquisition of Burma Boating.
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Mercury Marine breaks ground on US$17m propeller expansion
Mercury Marine has broken ground on a 30,000sq ft, US$17m addition to its propeller casting facility in Fond du Lac, Wisconsin that will nearly double the current capacity for stainless steel propeller production.
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Navigare Yachting partners with Fraser Yacht Sales in Vancouver
Navigare Yachting brings Vancouver dealer Fraser Yacht Sales to distribution network
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Damen Shipyards, Adriatic Marinas launch recruitment for yacht repair facility
New luxury yacht repair yard begins recruitment
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Evinrude named official engine supplier to America's Cup challenger
Evinrude to outfit American Magic’s fleet of chase boats with 300 HP E-TEC G2 engines
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Bass Cat Boats signs East Asian distributor
Showa Denki Group Marine named as exclusive distributor in Japan, Thailand, Taiwan and South Korea
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MasterCraft UK offers bespoke coaching to SY owners
Superyacht owners with a bespoke MasterCraft tender can now have their own tailor-made coaching and training event with a top British wakeboarder
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Amer Yachts picks up design award in Los Angeles
Italian builder presented award in Los Angeles
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Lumishore wins prestigious 2019 Queen’s Award for Enterprise
Marine LED lighting system manufactuer recognised for Innovation in the Superyacht Industry
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Sirocco Marine Annapolis expands as demand for RIBS grows in US
Dealer claims sales of large RIBs taking off in 2019
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Aquila adds Dream Yacht Sales to dealer network
Dream Yacht Sales named exclusive dealer for France and Greece
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YPI expands office network to Greece
Initial focus on brokerage and charter followed by management
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Dorset superyacht, motorboat and yacht supplier MCI sees turnover rise by quarter
Dorset maritime company Marine Components International claims to have increased turnover by a quarter in the last 12 months under new management