Latest News about the Middle East – Page 59
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Astondoa appoints exclusive US dealer
Spanish shipyard Astondoa has chosen Rick Obey Yacht Sales to serve as its exclusive dealer in the US Northeastern States, the US West Coast, and the US State of Florida with the exception of Miami Dade and Monroe Counties.
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Aston Martin Residences in Miami to get new SY marina
G&G Business Developments in the US is adding a new superyacht marina to the facilities available at Aston Martin Residences in Miami, Florida.
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Amico’s 4,000-tonne shiplift to start operation in October
New facility key part of €30m expansion programme
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Asian involvement with Clipper Round-the-World Race grows
The Clipper Round-the-World race, which has long had a strong connection with Asia, especially China, is seeing an expansion of these links with new teams being entered by South Korea and Vietnam.
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“World’s largest travel lift” given colourful official launch
What is said to be the world’s largest marine travel lift, the 1,120-tonne capacity named ‘Bessy’, was officially launched into service earlier this month at the BSE Maritime Solutions-Cairns Slipway shipyard in Cairns, Australia. The launch combined a dramatic mix of lights, fireworks and music.
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Turkish SY builder launches Virtus
Turkish superyacht yard Mengi Yay, located in Tuzla, Istanbul, has launched its new 44m project Virtus.
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Actisense appoints new engineers
Actisense, the UK-based marine electronics firm, has hired two new engineers to help support continued turnover growth in overseas markets.
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AB Inflatables to launch new jet tender model
AB Inflatables, the RIB manufacturer, is to launch a new jet tender model in the 4m range.
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2019 Cannes Yachting Festival set for busy six days
With just over a month to go before the start of the 2019 Cannes Yachting Festival (CYF), the volume of news that has already been issued about new launches suggests the event will be as busy as usual – if not more so.
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ENATA 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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Joint Cypriot-Israeli venture proposes €1bn marina project for Larnaca
A Cypriot-Israeli joint venture company has submitted a proposal for more than €1bn for the development of the existing marina and port at Larnaca, which it would be the largest investment in Cyprus to date.
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Karpaz Gate Marina retains 5 Gold Anchors
Karpaz Gate Marina in North Cyprus has retained its 5 Gold Anchor award following assessment from The Yacht Harbour Association (TYHA) in the UK.
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Turkish builder launches new flagship
Sirena Yachts has launched its new flagship model, the Sirena 88. At 26.8m, it is the largest yacht ever built by the Turkish yard.
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ACOBAR supports marine tourism initiative in Brazil
The 5th Nautical Congress: Investments in Nautical Tourism will be held in São Paulo, Brazil from September 18-19 during the 2019 São Paulo Boat Show.
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Turkish yard unveils new business model
Turkish superyacht builder Naval Yachts has unveiled a new business model called ‘Completion Projects’.
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EU targets illegal tax breaks for yachts in Cyprus and Italy
The European Union Commission (EUC), in its ongoing mission to rid the EU of “unfair tax avoidance practices,” is taking steps to end illegal tax breaks in the yacht industries of Italy and Cyprus.
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Fire breaks out at two Istanbul marinas
At around 6am this morning, fire broke out almost simultaneously at two separate marinas in Istanbul, Turkey – Marinturk, which is located on the Asian side of the city, and Ataköy Marina on the European side.
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AkzoNobel: strong results overall, but flat in marine coatings
Dutch paint and coatings manufacturer AkzoNobel has posted strong first-half results, including a €280m net profit, up 24% from the same 2018 period. It cited cost savings and higher prices for AkzoNobel products.
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‘One Hundred Feet’ enters production in Brazil
Brazilian shipyard Sedna Yachts has officially commenced production of its new ‘One Hundred Feet’, a project signed by Italy’s Marino Alfani Design.