Latest News from UK – Page 60
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NewsInmarsat buyers provide assurances to UK government
Following the news that the proposed $6bn acquisition of the satellite communications group, Inmarsat, had been referred to the UK Competitions & Markets Authority (CMA) for clearance, the buying consortium has given reassurances to the UK government about its future commitments to the UK.
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NewsUK’s Isle of Wight to strengthen marine infrastructure
In two recent actions, the UK’s Isle of Wight (IOW) Council has taken steps to buy key buildings related to the island’s important marine industry and released the latest masterplan for Newport harbour.
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NewsCorporate changes at two UK yacht builders
Corporate changes to the ownership structures at both Fairline Yachts and Princes Yachts have recently been made known through filing to Companies House, the UK business register.
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NewsUK boaters urged to respond to HMRC consultation on red diesel
The Cruising Association (CA), Britain’s leading organisation for cruising sailors, is urging UK boaters to respond to HMRC’s consultation on the future of red diesel.
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NewsEP Barrus expands Marine Leisure Division
EP Barrus Ltd, the UK-based engine importer and distributor, has appointed Matt Dayman to the newly created role of application and technical support engineer for the Marine Leisure Division.
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NewsCox Powertrain expands technical leadership team
Cox Powertrain in the UK has announced new management appointments to further strengthen its technical leadership team ahead of production of the new CXO300 diesel outboard, which is set to commence this year.
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NewsCJR Propulsion launches new design and production service
UK-based CJR Propulsion has launched a rapid design and manufacturing service to deliver bespoke, fully-machined Class S propellers in just two weeks. The precision-engineering specialist claims to be the only propeller manufacturer in Europe able to offer this level of responsiveness, following a £4m investment at its Southampton, UK facilities. ...
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NewsHarken named official deck hardware supplier to America’s Cup challenger
Harken has been made an official supplier of winch systems and deck hardware to INEOS Team UK as part of its challenge for the 36th America’s Cup.
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NewsGerman gearbox manufacturer forms UK subsidiary
The management of Reintjes GmbH and Reintjes Benelux BVBA, the two main entities of German gearbox manufacturer Reintjes, have announced a change of status for their business in the UK.
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NewsArksen grows technical team
Arksen, the new UK-based builder of hybrid explorer vessels, has appointed Jim Mair as technical director.
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NewsPremier Marinas reports small fall in profits
Premier Marinas Ltd, one of the UK’s largest marina operators, has reported a 6% fall in post-tax profits to £4.782m for the 2017-18 fiscal year to September 30, 2018 compared with £5.088m in the year previous. The figures were filed with Companies House, the UK business register.
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NewsCamper & Nicholsons Marinas returns to profit
Camper & Nicholsons Marinas Ltd (CNM) saw a return to profitability in 2018, as shown by its most recent filing to Companies House, the UK business register. After tax, a loss of £40,948 in 2017 was transformed into a profit last year of £356,249.
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NewsSunsail invests £3.75m in new Jeanneau charter fleet
Sunsail has announced the addition of several new Jeanneau yachts to its UK charter fleet. The investment, worth £3.75m, will deliver 15 new Sunsail 41.0 yachts in 2020, with the planned addition of a further 10 yachts the following year.
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NewsNew Sunseeker CEO confirms development plans
Following on from IBI’s report last week, Sunseeker’s new CEO, Andrea Frabetti, has confirmed that the UK builder’s current range will double in size to 22 models over the next three years. Aided by a £50m CAPEX investment across five years, the company will also focus on further developing the ...
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NewsePropulsion UK signs major supply deal
The UK division of Hong Kong-based electric outboard manufacturer, ePropulsion, has signed a deal to supply 60 fully integrated propulsion systems to RS Sailing.
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NewsUK yards join forces to offer new repair option
SMS (Southampton Marine Services) and the Fairline-owned Hythe Shipyard in the UK have linked to offer a package of marine repair, maintenance and refit services for yachts and commercial vessels. Both shipyards, based on Southampton Water or adjacent to, will work together in sharing facilities and skills to secure new ...
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NewsDutch inboard electric motor manufacturer appoints UK distributor
Water World Electronics, a Dutch manufacturer of electric inboard motors, has appointed Energy Solutions as its exclusive UK distributor.
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NewsLewmar Marine to be acquired by Lippert Components for £33m
UK equipment maker will be LCI’s sixth purchase in the marine sector marking the company’s continued expansion into the global boating business
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News
Princess MD steps down
Chris Gates, managing director of the UK’s Princess Yachts, has stepped down from his role after more than 30 years at the helm. Gates will transition to a role as special advisor to executive chairman Antony Sheriff.
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NewsOYS expands design team
UK-based thrusters, rigging and hydraulics solutions specialist OYS has named Charlotte Richardson as the group’s new designer.
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