Latest News – Page 564
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News
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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NewsLes 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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NewsEuropean 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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NewsPropspeed 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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NewsFPT 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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NewsHanse 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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NewsRefurbished 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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NewsBarrus adds new range of electric outboards
The UK engine distributor has added Shire electric outboards to its marine portoflio
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NewsMorbern 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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NewsUS 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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NewsCMP Group acquires MarineTech Products
Delta, Canada-based CMP Group Ltd announced Monday that the company has acquired MarineTech Products Inc.
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News
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 ...
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NewsGreece to simplify yacht legislation
Greek yacht legislation is expected to be simplified over the coming month. For now, the main measures include: Pleasure yachts registered under the EU Flag Yachts will be free to sail in Greece with less bureaucracy, and formalities will be available through online platforms. DEKPA, the certificate for private pleasure ...
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NewsAppointment at Future Fibres
Valencia, Spain-based Future Fibres has named Ian Andrewes as its new sales manager.
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NewsIntellian signs build contract with OneWeb
The company will build antennas for OneWeb’s constellation of LEO satellites
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NewsRussian boatbuilder to accelerate expansion plans
Mobile Group’s new 7m sail boat to spearhead development in local market
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News
California Boating Congress scheduled for month’s end
The fifth annual California Boating Congress (CBC) will be held from March 30-31 in the state’s capital city of Sacramento. Hosted by the Marine Recreation Association (MRA), which has represented marinas on the US west coast and Hawaii, along with Australia, Canada and Mexico, for nearly 50 years, the CBC ...
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NewsSYTT appointed global SY dealer for Avon eJET tenders
Jet tender specialist Avon, part of the Zodiac Nautic Group of France, has chosen the UK’s Superyacht Tenders & Toys (SYTT) to serve as the global superyacht dealer for its electric jet tenders.
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NewsTurkish shipyard launches 80m Tatiana
Turkish shipyard Bilgin Yachts has launched its new 80m (263ft) superyacht Tatiana.
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