Latest News – Page 675
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ICOMIA Marinas Group publishes policy paper on marina lease tenders
The ICOMIA Marinas Group has developed a policy paper giving recommendations to governments and investors worldwide on marina lease tenders.
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Ferretti acquires Wally brand
After months of negotiations, Italy’s Ferretti Group today announced that it has acquired the Wally yacht brand through an exclusive license agreement. The news will be officially presented at the start of boot Düsseldorf, which opens this weekend.
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Appointment at World Cat
US-based fibreglass boatbuilder World Cat has named Alexandra Flora as its new marketing and international sales manager. The new role brings an opportunity for Flora to leverage previous international sales experience after working with World Cat’s marketing team for the past two years.
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London On-Water Boat Show changes name
The London On-Water Boat Show has been renamed, rebranded and relaunched as the London Yacht Show and will take place on-water at St Katharine Docks from May 8-12, 2019.
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NZ RIB builder in lucrative contract win
New Zealand’s Rayglass Boats has announced that its Protector RIBs have been chosen as the official patrol boats for two of the world’s major sailing regattas – the 36th America’s Cup and the inaugural Sail GP competition. The agreements are said to be worth tens of millions of dollars to ...
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Borrow A Boat reports overfunding by 250%
Borrow A Boat, the UK’s first peer-to-peer yacht charter platform, has announced the completion of crowdfunding which saw the company overfunded by 250% with £1.5m raised following its second round.
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Flexiteek to acquire UK decking and marine fendering supplier
Flexiteek International, the Swedish producer of synthetic teak decking and 2G technology, has acquired UK-based Wilks for an undisclosed sum.
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Sunseeker, Rolls-Royce to present first production yacht with MTU hybrid power in 2020
Sunseeker International and Rolls-Royce have agreed to present the first yacht fitted with an MTU series production hybrid propulsion system in 2020 at boot Düsseldorf, which opens on Saturday for a nine-day run. The two companies will present the new hybrid propulsion system in Hall 6 on booth B61.
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Fort Pierce City Marina ready for bigger boats
A three-month, US$400,000 dredging project to deepen the entrance to Fort Pierce City Marina in Florida following Hurricanes Matthew and Irma in 2016 and 2017 has opened the marina to larger boats and is using the removed sand for the Indian River Lagoon Island.
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Sanlorenzo SD126 sold by Spanish agent
Sanlorenzo Spain, the exclusive agent for Sanlorenzo motoryachts in Spain and the Balearics, has announced the sale of a new-build 38m Sanlorenzo SD126. Sold by director Andy McDougall, the yacht is currently in build at Sanlorenzo’s Viarregio facility and scheduled for delivery in February 2020.
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British Marine responds to Brexit vote
Following UK Parliament’s overwhelming rejection of the EU Withdrawal Agreement yesterday, industry association British Marine today responded to the outcome of the vote.
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Budget Marine announces change in shareholders
Budget Marine, one of the Caribbean’s biggest boating retailers, has announced that Smart Industry Business Solutions has purchased a significant share in the business and has provided retail and IT consultancy next to facilitating improved financing.
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Ring Powercraft gets new owner
A new company has formed in the UK to develop and manufacture the Ring Powercraft range of high-performance sportsboats and RIBs. Cetus Powercraft Ltd, which was incorporated in November 2017, is planning new products in the leisure, commercial and defence sectors.
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Ince & Co close to insolvency prior to Gordon Dadds LLP takeover
Following the recent takeover of Ince & Co by listed legal practice Gordon Dadds LLP, IBI has since learnt that the former was close to insolvency and may have actually been in administration at the time of acquisition.
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Boating BC awards training scholarships
A Canadian marine trade association has awarded scholarships to three students studying to become marine service technicians. Boating BC, representing the recreational boating industry in the Pacific coast province of British Columbia, announced the recipients of its 2019 Glenn Spartz Scholarships this week.
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Zipwake appoints SA dealer
Sweden’s Zipwake has teamed up with Seascape Marine Services in South Africa – a leading supplier of marine products and services representing brands such as Yanmar Marine, Hamilton Jet, Kohler Marine, D torque, Eliche Radice and Cox diesel outboards.
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Informa names new president of US boat shows
International boat show producer, Informa Global Exhibitions, has promoted Andrew Doole to head up its boat shows in the US, including the Fort Lauderdale International Boat Show, Miami Yacht Show and Palm Beach International Boat Show, as well as the St. Petersburg and Sarasota Suncoast shows in Florida. ...
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ELUX Marine launches electric pontoon boat
The upcoming Minneapolis Boat Show will see the debut of a new electric-powered, fiberglass “luxury pontoon boat” from ELUX Marine. The show runs from January 24-27 at the Minneapolis Convention Center.
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Lumishore teams up with Simrad and B&G
Underwater lighting specialist Lumishore has announced that its LED lighting solutions can now be controlled directly through the latest Simrad NSO and NSS evo3, select GO series and B&G Zeus3 Glass Helm, Zeus3 and Vulcan series multifunction navigational displays.
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Former UK marine businessman killed in St Lucia
A former UK marine industry businessman, Robert Hathaway, has reportedly been murdered on the Caribbean island of St Lucia. The 66-year-old was manager of the island’s Marigot Marina between 2006 and 2014.