Latest News – Page 550
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Temporary closure at Grand Banks Malaysian yard
In compliance with government orders, Grand Banks Yachts has closed its manufacturing operation in Pasif Gudang, Malaysia where it employees 763 workers, for a 14-day period; no material impact expected
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Invincible: online to replace boat shows, operations continue
Invincible Boats, which began the new year with a new catamaran, new marketing campaign and a new push into international markets, is adjusting to the changing market conditions brought on by the COVID-19 pandemic and, thus far, is continuing normal manufacturing operations.
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The remarkable rise of Candela
How the Swedish company Candela Speed Boat is changing electric boating with an advanced foiling boat concept
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Yacht chartering in times of the coronavirus
Ümit Uzun With many countries closing borders, both via land and air, Europeans will find it difficult to reach the Mediterranean Sea. But what about boat charter holidays booked for the Med this summer season? Ümit Uzun, CEO of Würzburg, Germany-based charter brokerage Charterbar Yachting, explains how ...
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NMMA reassures members concerned about Covid-19 and its impact on the industry
The National Marine Manufacturers Association (NMMA) in the US has sent an email to its members, reassuring them that the NMMA remains open for business and is working hard to protect the industry. The statement reads as follows: Dear Valued NMMA Members, NMMA President Fred ...
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Liqui Moly defies Covid-19 with generous staff bonus
German oil and additive specialist Liqui Moly has reacted to the coronavirus crisis by paying a bonus of €1,000 to all of its employees.
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Survitec names new executive chairman
Survitec, the UK-based marine safety and survival specialist, has appointed Ron Krisanda as executive chairman for its worldwide life-saving equipment business.
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Southern Marinas acquires three new Florida locations
Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today the purchase of Hi-Lift Marina in Aventura; Hidden Harbour in Pompano Beach; and Palm Harbour in Cape Haze. These premier Florida locations were acquired from Aqua Marine Partners, LLC in a deal ...
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Absolute makes list of Italian 'champions'
Italian builder records CAGR of 29% over six year period
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Coronavirus afternoon update | 18 March
Hanse Yachts maintains production pace; Scania halts operations in Europe; UK firm ramps up production of sanitisers
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Hanse maintains production pace; sold out until June
HanseYachts’ CEO has provided an update on the company’s status for clients, suppliers and shareholders in the wake of the Coronavirus crisis: “We are producing and are able to deliver.”
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SF Marina continues global expansion
SF Marina, the Swedish manufacturer of floating concrete breakwaters, docks and waterfront structures, has started operations at its new manufacturing facilities in Malaysia and Thailand. This is in addition to expanding its production sites in Sweden, the US and New Zealand.
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Garmin named IBBI supplier of the year
Garmin International Inc has been named supplier of the year by US-based purchasing cooperative Independent Boat Builders Inc (IBBI). This marks the second consecutive year that Garmin has been awarded the designation.
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Dates set for 2020 Abu Dhabi show
The Abu Dhabi International Boat Show (ADIBS) will return to the Abu Dhabi National Exhibitions Centre for its third edition from October 14-17, 2020. Organised by the Abu Dhabi National Exhibitions Company (ADNEC), it will be the first boat show of the year in the UAE, focusing on luxury boating, ...
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Invincible Boats expands Down Under
Invincible Boat Company, a US-based builder of saltwater sportfishing and high-performance boats, has appointed Sydney-based Boat Monster as its distributor for Australia and New Zealand.
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Coronavirus update | 18 March
Beneteau, Dufour suspend production; IMCI certification slowdown; ASMEX cancelled
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MarineMax acquires Boatyard digital platform
Through the acquisition, the US boat retailer is adding ’disruptive technology’ to its digital capability in a bid to transform the customer’s boating experience
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Coronavirus update | 17 March
Volvo issues Covid-19 statement; Venice show organiser “confident” event will take place as planned; Rio, New Zealand, La Grande Motte shows all cancelled
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Superyacht capsizes and partially sinks at Greek yard
A £65m superyacht owned by a Saudi prince capsized and partially sank while awaiting repairs at a shipyard in Greece.
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Lumishore USA expands sales team
Marine LED lighting specialist Lumishore has named Jamie Shoemaker as regional sales manager for the US Southeast. In her new role, Shoemaker will be responsible for Florida, Georgia, South Carolina, North Carolina, Tennessee and Alabama.