Latest News from UK – Page 47
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NewsSimon ‘Fumesy’ Russell passes away suddenly
Covid takes the life of the SportsBoat World director and former Musto sales manager
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NewsEuropean marine insurance broker acquires rival
Goldman Sachs-backed chartered insurance broker Aston Lark has purchased rival Lloyd’s broker CRS Yachts.
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NewsUK boating industry: EU trade deal welcome, but more work to do
While British Marine, the trade body for the UK leisure marine industry, has welcomed the trade deal with the EU, it has warned that more work needs to be done and additional guidance is required from government in order to allow supply chains to operate as seamlessly as possible.
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NewsLewmar’s 2019 results impacted by Lippert takeover
At the time, Lippert Components’s acquisition of the UK marine equipment manufacturer was described as the “best strategic option” for Lewmar and its employees
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NewsIMCI opens UK office to certify recreational boats meet UKCA mark
The Brussels-based International Marine Certification Institute has founded IMCI (UK) in Liverpool to ensure that recreational boats placed on the British market meet the country’s post-Brexit technical, safety and environmental standards.
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NewsBurgess moves from profit to loss
Difficult market conditions caused 24% drop in turnover to £16.63 million for UK yacht brokerage firm
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NewsHiscox MGA sells marine business to Nexus Group
Nexus Group completed its acquisition of the Hiscox MGA marine business (HMM) on December 30, 2020. The sale was implemented via an asset purchase into Millstream Underwriting Ltd, a Nexus Group company which specialises in consumer insurance. Hiscox is known as a leading insurer of superyachts.
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NewsPost-Brexit, EU-Britain free trade deal can be an obstacle race
The EU-UK Trade and Cooperation Agreement inevitably presents hurdles for Europe’s boating and related sectors on both sides of the English Channel – from VAT to border red tape, from travel curbs to rules of origin. Recognition of professional qualifications is at stake. There will be free trade in goods, ...
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NewsUK yacht brokerage gets new owner
UK-based yacht dealership and brokerage firm Key Yachting has been taken over by Thinking Space Systems, a technical furniture company owned by Wayne Palmer and Hayley Quinn.
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NewsPrincess Yachts trading update highlights strong 2019-20 performance
The UK builder’s £600m order book extends into 2022 with company poised for further growth
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NewsRYA releases Brexit update for UK boaters
The UK’s Royal Yachting Association (RYA) has launched a Brexit update which provides a summary of the changes which will affect UK recreational boating as the rules change in January 2021.
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NewsRoyal Ocean Racing Club CEO to step down
Eddie Warden Owen has spent the last 12 years in the role
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NewsOyster Yachts in third recruitment drive within 12 months
UK yacht manufacturer Oyster Yachts is once again looking to expand its workforce to help deliver its full order book.
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NewsBSI A/S Group acquires UK rigging specialist
Danish deck hardware and rigging manufacturer BSI A/S has acquired OYS Rigging, taking over the UK brand and all associated assets. “We are delighted to be owners of OYS, with a UK facility and working together with the knowledgeable manufacturing team,” says Morten Madsen, managing director of BSI A/S. “This ...
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NewsHPi-CEproof becomes first Approved Body to issue new ‘UKCA mark’ certificates
UK-based marine compliance specialist HPi-CEproof is to auction what it says is the first UKCA RCR certificate of conformity for charitable causes.
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NewsUK naval architect in joint venture with high-tech laser scanning firm
UK firms Jack Gifford Marine Design Ltd (JGMD) and 3DMSI Ltd have formalised their long-standing laser scanning and naval architecture collaboration by creating a new joint venture.
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NewsBrexit agreement hangs in the Balance
A preview the leading article in IBI`s forthcoming issue has publisher Nick Hopkinson hoping for a workable Brexit agreement
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NewsJobs lost as luxury yacht interior designer folds
Almost 40 people at the UK office of Struik & Hamerslag have lost their jobs, according to an Eastern Daily Press report. Based at Fakenham in Norfolk, the interior designer for luxury yachts and private planes owed creditors £2.67m/$3.5m, according to its latest company accounts (for the year ended December ...
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NewsOyster introduces new 50ft yacht
The UK’s Oyster Yachts has introduced its latest model, the Oyster 495.
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NewsNew marine consultancy forms in UK
A new company has formed in the UK to provide “proven commercial processes” for marine business expansion and bottom-line improvement.
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