Latest News – Page 553
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Silent Yachts's CEO on strategy and US expansion
IBI talks to founder and CEO of Silent Yachts on the firm’s strategy shift and successful US market entry for its Solar Cats
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HISWA Amsterdam Boat Show opens 65th edition
The 65th annual HISWA Amsterdam Boat Show opened March 11, as scheduled, bucking a worldwide trend of cancellations and rescheduling of all sorts of events in the face of a coronavirus outbreak going global.
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Beneteau Group releases statement on Covid-19
Limited impact on Group to date says French boatbuilder
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Stockholm show ends early
The Stockholm International Boat Show, which opened on Saturday, is to close early because of the coronavirus. The show organisers are following the advice of the Swedish government and will end the show tonight. It will not reopen. The Stockholm show attracted some 78,497 visitors last year. This year there ...
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Sunseeker CEO on the impact of coronavirus
Minimal impact so far but longer lock downs could prove challenging
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America’s Cup World Series regatta on schedule for Italy
Despite a virtual quarantine of Italy’s 62 million citizens and travel warnings or bans issued from various governments around the world due to COVID-19 coronavirus, the organisers of the America’s Cup World Series regatta have said the race will go on.
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Appointment at ABYC
Technical vice president Craig Scholten named chair of small craft committee
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Winch Design reports 5.9% growth in 2018-19
UK superyacht design studio, Winch Design Ltd, saw turnover hit £31.1m for its 2018-19 fiscal year, a 5.9% rise on the £29.3m it generated the previous year. Profits after costs and tax were £4.42m, down 10.3% (£4.93) on 2017-2018.
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Les Nauticales Ciotat cancelled
The 2020 Les Nauticales boat show in La Ciotat, France has been cancelled by the Aix-Marseille-Provence Metropolis in order to prevent the spread of COVID-19. The show was due to take place from March 14-22 in La Ciotat on the French Mediterranean coast, around 20km east of Marseilles. It normally ...
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European Boating Industry welcomes EU Industrial Strategy
EBI secretary general Philip Easthill: Smaller companies are the ”backbone” of European industry European Boating Industry (EBI) has responded to the release yesterday of the European Commission’s flagship Industrial Strategy and SME Strategy, saying that it welcomes their potential to ”support the recreational boating industry in Europe ...
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Propspeed expands Australian presence
Propspeed, the New Zealand-based supplier of underwater top-coatings, has partnered with two new distributors in Australia – Sam Allen Wholesale and All Marine Spares.
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FPT Industrial acquires electric powertrain specialist
Marine powertrain specialist FPT Industrial has taken another step towards electrification with the acquisition of Potenza Technology, a UK company that specialises in the design and development of electric and hybrid-electric powertrain systems.
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Hanse reports latest financials
Despite a drop in revenues and earnings for the company’s first half which the builder attributed to typical seasonality and one-time integration costs for Privilége Catamarans, German boatbuilder Hanse Yachts said a strong order backlog would provide the company with a profit for the year
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Refurbished Hong Kong marina to reopen later this year
Hong Kong Resort Company Ltd has delivered an update to say that the refurbishment of Lantau Yacht Club (LYC) Marina is well underway. Phase 1 of the works, which covers about half of the marina area and the marina office, is progressing as planned and is targeted to open in ...
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Barrus adds new range of electric outboards
The UK engine distributor has added Shire electric outboards to its marine portoflio
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Morbern wins 2020 Best Managed Company award
The marine fabrics manufacturer was one of only 30 companies across Canada to receive the designation
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US shipyard to launch first new boat in 40 years
Despite a 149-year history of continuous operation, Gamage Shipyard in the US hasn’t launched a new vessel in nearly 40 years, operating instead as a marina, storage facility and full-service refit shop in South Bristol, Maine. That’s about to change this spring.
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CMP Group acquires MarineTech Products
Delta, Canada-based CMP Group Ltd announced Monday that the company has acquired MarineTech Products Inc.
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Major insurance deal stands to consolidate superyacht insurance
Two global insurance brokerage concerns, both very active in the superyacht market, may join forces as the result of a $30bn takeover approach by Aon to buy Willis Towers Watson. If the deal is completed, it would see the world’s second and third largest insurance brokerage business coming together to ...