Latest News about the Middle East – Page 50
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2020 a significant year for Spirit Yachts
The delivery of the eco-friendly Spirit 111 superyacht was one of the highlights
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Askeladden appoints new general agent for Sweden
Norwegian boatbuilder Askeladden has chosen KGK Motor AB to serve as its general agent for Sweden.
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Antalya celebrates 20 years of yacht construction
Turkey’s leading yacht-building centre has built 460 yachts valued at $1.2bn over two decades
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Appointment at Mastercraft Boat Holdings
Scott Womack named president of NauticStar fibreglass fishing boat brand
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Sirena Yachts sells sixth Sirena 88 flagship
The 26.8m Sirena 88 made its debut at Cannes 2019 Source: Jeff Brown Turkish boatbuilder Sirena Yachts has sold its sixth 26.8m Sirena 88 flagship model, the largest in the Sirena range, following its debut at the Cannes Yachting Festival in 2019. With naval architecture by German ...
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Argo Yachting awarded Saxdor franchise for Spain and northern Germany
Argo Yachting, sister brand to Princess Motor Yacht Sales, the world’s largest distributor of Princess Yachts, has been awarded exclusive distribution rights to market the Finnish-designed Saxdor Yachts in the Baltic coast of Germany and the Spanish territories of the Balearics, Malaga, Puerto Banus and Sotogrande.
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American Magic first team to make a splash in New Zealand
The US challenger to the 36th America’s Cup took to NZ waters Monday
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Ancasta Race Boats opens new US office, appoints broker to support expansion
Alex Higby to head up Ancasta’s yacht racing division in San Francisco
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Major restructure at developers of Oman’s Mina Al Sultan Qaboos Waterfront project
UAE’s Damac bought out of the development
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AkzoNobel: Covid-19 squeezed Q2 earnings, but profitability up
Covid-19 drove down Q2 earnings at AkzoNobel, but the Dutch paints and coating multinational said “a strong focus” on margins and cost savings raised profitability by 14%, up from 13.7% in the same 2019 period. Releasing AkzoNobel’s Q2 results, CEO Thierry Vanlancker said: “Despite lower end market demand, our business ...
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Abu Dhabi International Boat Show cancelled for 2020
It has now been confirmed to IBI that the next edition of the Abu Dhabi International Boat Show (ADIBS) will not be held until October 13-16, 2021. The third edition of ADIBS had been scheduled to take place from October 14-17, 2020.
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Döğuş Group sells three Turkish marinas to CVC Capital
Deal completes sale of D-Marin facilities
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AB Inflatables expands dealer network in Europe, Canada and the Caribbean
AB Inflatables, the Colombian yacht tender and RIB producer, has expanded its presence in Europe with the appointment of two new dealers in Croatia and Turkey.
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Atlantic Cruising Yachts enters into expansion partnership
Prominent US yacht dealership Atlantic Cruising Yachts (ACY) announced this week that it has entered into a new partnership venture to expand its footprint into the affluent Gulf Coast market.
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Dubai marina awarded international environmental accreditation
Australia’s Marina Industries Association (MIA) has accredited Dubai Marina Yacht Club with two new standards that emphasise its environmental status. The two awards are the International Clean Marina standard and its Fish Friendly accreditation, the first marina in the UAE to gain this award.
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AkzoNobel reports “robust profitability” in Q2 despite Covid-19
In a rare preview of its Q2 financial reporting, AkzoNobel NV said it had lower revenues and adjusted income in April through June compared to the same 2019 period, but “robust profitability” despite the debilitating Covid-19 crisis.
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2020 DAME Design Awards open for entries
METSTRADE and RAI Amsterdam have announced the opening of entries for the 30th DAME Design Award, exclusively for the exhibitors attending this year’s METSTRADE Show in November.
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Accastillage Diffusion opens new store in Spain, its 126th store in Europe
This week Accastillage Diffusion opened its doors to a new shop in the Aguadulce marina on the Spanish Mediterranean coast in Almería. The store will be the first in Almería but the 31st in Spain.
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2019 Dutch superyacht output: fewer but more valuable, greener vessels
Amels’ 83m Here Comes the Sun The Dutch superyacht sector delivered 17 yachts last year, worth just over €1bn, the Netherlands Maritime Technology (NMT) trade group says in its 2019 annual report. While this is a drop in numbers, NMT says the value of yachts on order ...