Latest News – Page 583
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Management changes at Turkish marina operator
Setur Marinas, Turkey’s leading marina operator with a portfolio of 10 facilities across the country, has made three executive appointments.
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UK firm signs EchoPilot distributor deal
Marine Components International (MCI) in the UK has been chosen by Denmark’s Daniamant to distribute its British-designed EchoPilot forward-looking 3D sonar systems (FLS 3D).
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Miami Innovation Award nominations open
January 10 is the entry deadline for products to be nominated for the 2020 Miami International Boat Show (MIBS) Innovation Awards.
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European boating lobby urges EU action on single market growth
Europe’s boating sector lobby has marked its 10th anniversary with a plea to the EU to show leadership in the years ahead in boosting Europe’s single market, easing transatlantic trade frictions, encouraging innovation and reversing climate change.
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Messe Frankfurt rebrands Cape Town show
Messe Frankfurt has rebranded the Cape Town International Boat Show, which from next year will be known as Boatica Cape Town. Show organisers are aiming to bolster show attendance to over 10,000 on the back of a recently enlarged show footprint featuring more exhibitors, luxury yachts, and interactive activities.
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Osculati reports strong 2019 results
Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...
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Over 100 superyachts expected to visit Australia in 2020
Following the promotion of Australia and the South Pacific region at the Monaco and Ft Lauderdale shows, Superyacht Australia is anticipating that over 100 superyachts will visit the country next year. The America’s Cup races being held in Auckland, New Zealand in 2021 is a factor in this increase.
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ACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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Cornes Chart Group buys digital navigation provider
Two leading suppliers of navigation charts, software and equipment have joined forces to create what is claimed to be the largest charts supplier in the world. Cornes Chart Group has acquired navigation systems supplier GNS. The deal follows Cornes’ acquisition of US and Singapore-based Safe Navigation earlier this year to ...
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Balance Catamarans reports orders boost for new 482 model
Newly-launched Balance Catamarans Cape Town had confirmed five orders for the new Balance 482 on the back of a successful Annapolis show.
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Kudos for Hull Vane from a French naval giant
French defense giant Naval Group has model-tested the Hull Vane and says the below-the-transom wing “significantly improves” powering, seakeeping and stealth capabilities of naval vessels and cuts their fuel consumption.
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Axopar looks to major expansion over next two years
Launch of new Axopar 37 at Boot Düsseldorf to play a key role
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MJM Yachts makes US$12m investment in North Carolina
MJM Yachts, the Boston, Massachusetts-based builder of “eco-friendly motoryachts”, is creating a new shipyard in Washington, North Carolina with a US$12m investment and the promise of creating more than 200 jobs over the next five years.
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3rd International Superyacht Summit to be held in Dubai
Under the patronage of Dubai Ports World subsidiary P&O Marinas, the third edition of the International Superyacht Summit is to take place in Dubai next year from March 11-12.
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Strong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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KVH reports softer third quarter results
Mobile connectivity and inertial navigation system manufacturer KVH Industries posted total revenues of US$39.3m in its 2019 third quarter results, while celebrating the shipment of its 10,000th VSAT system.
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Rolls-Royce and Sunseeker sign frame agreement for MTU engines
Rolls-Royce and UK boatbuilder Sunseeker International have signed a new frame agreement for the supply of MTU yacht engines. The contract, signed during the Ft Lauderdale International Boat Show (FLIBS), runs until the end of 2022 and covers a total of over 90 MTU Series 2000 V10, V12 and V16 ...
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UK SY tender manufacturer to present at Cornwall Marine Conference
Henry Ward, the design director of Cockwells Modern & Classic Boatbuilding in the UK, a leading bespoke superyacht tender builder based in Mylor, will make one of three presentations at the annual Cornwall Marine Conference. The event is being held on November 14 at the National Maritime Museum in Falmouth.
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Two global firms win La Ciotat shiplift design-build contract
La Ciotat Shipyards in the South of France has awarded the design-build contract for a new 4,300-tonne shiplift to a partnership between French company Matière and US-based Bardex Corp.
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Mechanical Products appoints new sales rep
Mechanical Products Company (MP), the US-based circuit breaker specialist, has added IMDS to its team of sales representatives.