Latest News – Page 646
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NewsFerretti to go public?
Italy’s Ferretti Group is said to be preparing for a return to the Milan stock exchange after 15 years in private hands
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NewsLegal hurdles facing Russia's boating market
Boat show session highlights the regulatory challenges facing development of leisure boating in Russia
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News2019 Kuwait Yacht Show to be biggest yet
The 2019 Kuwait Yacht Show (KYS) opens tomorrow, with event organiser PH7 Group stating that it will be the largest show in its seven-year history. KYS is also attracting strong regional interest. First-time exhibitor from Bahrain, Suprema Boats, will commemorate their introduction to the Kuwait show with the global launch ...
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NewsFarewell of Squadron 65 heralds new era for Fairline
Squadron 65 ends 10-year production run to make way for new larger Squadron, already under construction at Fairline’s recently opened production facilities in Hythe
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Kali’s Law would require engine kill switch use in Texas
The death of a Texas teenaged girl nearly seven years ago has led lawmakers there to introduce legislation requiring the use of an engine cut-off switch on any engine equipped with one.
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NewsMazu unveils its 42ST, a boat designed to take the stress out of the daily commute
The new Mazu 42 ST has been specifically designed to carry her owner to business and social appointments around Istanbul, avoiding the traffic of surface streets and bridges
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NewsTurkish yacht tourism on verge of new crisis
Turkey may ban yacht charter companies with foreign-flagged vessels from operating in the country this season.
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MCA issues guidance on GPS usage
The UK’s Maritime & Coastguard Agency (MCA) has issued a special safety warning to mariners regarding the use of GPS equipment, especially if it is more than 10 years’ old or has had no firmware updates.
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NewsFLIR moves US headquarters to Washington DC area
FLIR Systems Inc has opened new corporate headquarters in Arlington, Virginia, providing a significantly expanded presence in the US national capital region.
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NewsHong Kong to open first Superyacht Management Services Centre
In a move which indicates China’s growing support for the leisure marine industry in Hong Kong, the Hong Kong Cruise & Yacht Industry Association (HKCYIA) has reached a partnership agreement with China Merchants Industry Holdings Co Ltd for the establishment of Hong Kong’s first Superyacht Management Services Centre in Tsing ...
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NewsSustainability a key theme at the 2019 JEC World Composites Expo
IBI spent three days at the annual JEC World event near Paris and discovered the latest trends in industry’s move towards greener technologies and sustainability
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NewsBrexit seminar counsels UK industry on customs & VAT issues
As the Brexit saga continues, Peters May’s in-house Customs Team took matters into their own hands to help customers understand what to expect under the various scenarios confronting UK builders and manufacturers
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NewsUK shipyard up for sale
Following the announcement last November that Babcock, operator of the UK’s Devonport naval dockyard in Plymouth, was going to close its Appledore Shipyard in North Devon, the facility has now been put on the market.
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NewsHainan Marine Tourism Summit postponed
The 2019 Hainan Marine Summit scheduled for March 25-27 is understood to have been postponed until the second half of this year. The summit was due to follow a 2018 roundtable of leisure marine and China experts that was held in Hainan last November and hosted by Arthur Tay, CEO ...
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NewsTecnoRib strengthens Mediterranean and Far East presence
TecnoRib, the official licensee of the Pirelli and P. for Speedboats brands, has strengthened its presence in the Med and Far East markets with the appointment of two new dealers – ARY in Montenegro and Infinite Yachts Asia in Thailand.
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NewsRussia to invest in Red Sea infrastructure?
Russian businesses may invest up to US$1bn in the development of yachting infrastructure on the Red Sea over the next several years, according to senior officials in the Russian government and representatives of large, local businesses. This is due to the high yachting potential of the region and the ever-growing ...
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NewsUK timber modification firm expands in Europe
Lignia Wood Company, a British timber modification business, has chosen Global Timber to distribute Lignia Yacht – its real wood alternative to Burmese teak deck – across Europe. The news comes not long after Lignia signed its first major distribution agreement with US-based Teakdecking Systems for the North American market.
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NewsFirst Arcadia Sherpa XL on schedule for Cannes 2019 launch
Italy-based Arcadia Yachts has announced that construction of its first 24m Sherpa XL ‘pocket megayacht’ is proceeding rapidly and is on schedule for its global debut at the 2019 Cannes Yachting Festival in September.
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NewsDamen enters luxury cruise market
Already active in 14 marine markets including superyachts, family-owned Damen Shipyard Group of the Netherlands is entering the luxury cruise market.
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NewsVesper Marine appoints US sales rep
New Zealand-based Vesper Marine has chosen Total Marine Supply LLC to represent its smartAIS transponders in the US Midwestern States surrounding the Great Lakes.
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