Latest News – Page 658
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News
Former Galati Yacht Sales bookkeeper guilty of embezzlement
A former employee of Galati Yacht Sales will serve five years probation, provide 100 hours of community service, and will repay the US$67,927.37 she embezzled from the Florida-based yacht brokerage.
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NewsInmarsat receives US$3bn takeover offer
Global satellite communications company Inmarsat Plc has received a new takeover offer from a transatlantic consortium comprising UK private equity firm Apax Partners, US-based Warburg Pincus, and two Canadian pension funds – CPPIB and the Ontario Teachers’ Pension Fund.
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NewsNew mega chandlery on Australian Gold Coast opens for business
A new mega chandlery has opened on Australia’s Gold Coast as part of The Boat Works’ A$100m investment into expanding the Gold Coast Marine Precinct in Coomera.
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NewsPolish builder hosts first US-based owners’ event
Poland’s Galeon Yachts recently held its first Galeon Onwers Rendezvous in the US. Held from March 7-10 at Galeon Marina in Key West, Florida, the four-day event attracted over 65 people and 15 vessels in the water.
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NewsRWO names UK distributor
UK deck hardware manufacturer RWO has chosen Marathon Leisure to distribute its complete product line in the UK and Ireland.
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NewsIBBI names Garmin supplier of the year
US-based purchasing cooperative Independent Boat Builders Inc (IBBI) has named Garmin as its 2018 supplier of the year.
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NewsHISWA Holland Yachting Group expands
Two new companies have joined the HISWA Holland Yachting Group – Vanquish Yachts has become a member while Critical Minds is a new partner company.
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NewsSanlorenzo Spain sells first SX88
Sanlorenzo Spain, the exclusive agent for Sanlorenzo in Spain and the Balearic Islands, has sold its first new-build 26.7m SX88 yacht to a Central European client. The Sanlorenzo SX88-35 is scheduled for delivery in early 2020 as the 14th hull of the Sanlorenzo SX88 model, which was first introduced to ...
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NewsDebate on fate of Miami marinas continues; boat show adds to financial woes
The city purportedly loses nearly half-a-million-dollars in marina revenue per year to the Miami International Boat Show
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NewsLengers expands to Mallorca
Lengers Yachts, the international yacht brokerage and dealership based in the Netherlands, is to open its third European office in Mallorca next month.
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NewsHill Robinson opens Italian office
Hill Robinson Yacht Management Services has opened a new office in La Spezia, Italy. The Porto Lotti Marina office is on the doorstep of the Baglietto, Sanlorenzo, Fincantieri, Ferretti and Perini yards, and is close to several other Italian yacht-builders too.
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NewsMastry Engine Center strengthens electric power division
Mastry Engine Center (MEC) in the US has named Nancy Frainetti as its new electric power sales manager. The move comes as the Florida-based engine distributor prepares for the planned launch of an expanded range of electric propulsion products, as well as further electric power solutions, in 2019.
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NewsClipper Race forges new partnerships and renews others
With the joining of Zhuhai as a new host port for the 2019-20 Clipper Round The World Race, the event will now have three Chinese ports of call – the others being Sanya and Qingdao. The city of Zhuhai has signed up for an initial three-year sponsorship deal with Clipper.
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NewsBoating BC announces 2019 grant and sponsorship recipients
Boating BC, the recreational boating industry trade association for Canada’s westernmost province, has announced that it will award more than C$20,000 in grants and scholarships to support a wide range of initiatives aimed at positively impacting recreational boating opportunities in British Columbia.
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NewsThree bidders in contention for Alimos Marina concession
The 1,110-berth Alimos Marina in Greece, the largest in the Athens area, has selected three out of an initial 10 bidders to proceed to the next round of winning the 40-year privatisation concession for the facility. The news was announced by the Hellenic Republic Asset Development Fund (HRADF), also known ...
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NewsThe UK’s Owen Group celebrates 50 years in business
The UK’s Owen Group is celebrating its 50-year anniversary in 2019, marking five decades since Roy Owen Roberts set up the multichannel marketing agency in a storage loft in Havant, Hampshire. Within weeks Owen had signed its first marine client, Halmatic Marine, and business continued to grow.
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NewsMercury Marine captures iF Design Award for V-6 platform
For the third time in five years, Mercury Marine has been recognised by the International Forum Design (iF) award – this time for its V-6 outboard platform.
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NewsICOMIA issues guidance on Brexit
The International Council of Marine Industry Associations (ICOMIA) has published its latest set of guidance notes in the event of a ‘no deal’ Brexit.
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NewsNumarine delivers third unit in 32XP Series
Turkish motoryacht builder Numarine has delivered the third unit in its 32XP Series to an experienced Mediterranean owner.
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NewsNorwegian boat imports continue to grow
The Norwegian market for pleasure boats is back with strong figures, according to trade organisation Norboat.
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