Latest News from UK – Page 59
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Princess at ‘loggerheads with Unite union’
On the day that Princess Yachts sent out a story about its success through 2019 and that it had doubled the number of apprentices it had appointed, a row with the UK trade union Unite has arisen over the fact that around 100 people are to be laid off.
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Fairline celebrates launch of F//Line 33
The UK’s Fairline Yachts celebrated the launch of its new boat, the F//Line 33, at an exclusive VIP party at Butlers Wharf Chop House in central London last week.
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Princess Yachts reports busiest year ever
The UK’s Princess Yachts is to launch a record five new yachts at the Southampton and Cannes boat shows later this month, making 2019 its busiest year ever.
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Job losses at Fairline
The UK’s Fairline Yachts is to make up to 40 staff redundant – just months after launching a recruitment drive at its newly acquired production facility at Hythe in Southampton – but the company still has plans to manufacture its new larger yacht range at the facility starting in late ...
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Challenges ahead for UK marine industry
UK trade association British Marine today released its latest sentiment figures on the UK leisure, superyacht and small commercial marine industry ahead of next week’s Southampton International Boat Show.
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Marine compliance firms merge
HPi Verification Services (HPiVS), the UK’s only Notified Body for the EU Recreational Craft Directive (RCD), has merged with RCD specialist CEproof to create HPi-CEproof. Both companies are leading players in the global marine compliance industry.
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Fairline announces £15m investment to accelerate product development
The UK’s Fairline Yachts has secured a significant £15m cash facility through the RiverRock European Opportunities Fund. In conjunction with the current owners, the capital investment will be used to accelerate Fairline’s product development plans.
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UK yard reports 53% rise in post-tax profits
Falmouth, UK-based Pendennis Shipyard has reported strong performance in 2018, with record turnover and a 53.1% increase in post-tax profits – thanks, in part, to a £1.2m tax credit which accounted for 27.8% of the profit for last year. The company has also acquired a new 800-tonne travel lift.
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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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Obituary: Tom Hutchinson
Tom Hutchinson, founder of composite rigging specialist Future Fibres, died on August 7 after sustaining fatal injuries while kiteboarding at Compton on the UK’s Isle of Wight.
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IBI publisher features in primetime BBC TV show
Nick Hopkinson plays lead role in BBC’s Fake or Fortune
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SYTT makes Maritime UK Awards shortlist
The UK’s Superyacht Tenders & Toys (SYTT) has been named as one of the best in the UK’s £40bn maritime sector after being shortlisted in the first-ever Maritime UK Awards.
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MCI signs deal with Princess
The UK’s Marine Components International (MCI) has signed a deal with Princess Yachts to supply Bennett Marine trim tab systems on its latest model, the Princess X95. The Bennett trim tabs will assist with the planing attitude of the 95ft, 104-tonne X95 yacht, which have a speed range of 24kt-26kt. ...
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Fischer 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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Sunseeker London delivers three 100ft-plus yachts in July
UK yacht broker Sunseeker London today announced that it delivered three large boats with a retail value of over £50m in the month of July.today announced that delivered three large boats with a retail value of over £50m in the month of July.
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New operations manager at Marine Components International
Christopher Hill has joined the UK’s Marine Components International (MCI) as operations manager.
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Suzuki GB appoints national sales manager
Suzuki GB has promoted Mark Beeley to the position of national sales manager for its Marine division.
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MDL teams up with British Keelboat League and RS Sailing
MDL Marinas in the UK has been made the ‘Official Marina Partner’ of the British Keelboat League and RS Sailing. As part of the agreement, MDL will provide the new fleet of RS 21 keelboats with easy access to the water during the British Keelboat League events taking place throughout ...
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Lignia in major supply deal with UK builder
All newly commissioned Spirit yachts will now be fitted with Lignia decking, a durable and sustainable alternative to teak. The Ipswich-based yacht builder, currently completing a Spirit 111 performance sailing superyacht, believes that Lignia will become “the industry standard for decking”.
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Sunseeker reports solid growth in profitability
The UK’s Sunseeker International has reported substantial growth in gross margins and retained profit for the year ended December 31, 2018.