All Middle East articles – Page 58
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2019 Cannes Yachting Festival set for busy six days
With just over a month to go before the start of the 2019 Cannes Yachting Festival (CYF), the volume of news that has already been issued about new launches suggests the event will be as busy as usual – if not more so.
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ENATA upgrades Foiler design for 2020
Hailed by its builders as the world’s first production foiling yacht, UAE-based ENATA Industries’ new ‘Foiler’ had its world debut at the Dubai International Boat Show in March 2018 and has now been upgraded. The company has released images and details of its new 2020 edition which, according to the ...
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Joint Cypriot-Israeli venture proposes €1bn marina project for Larnaca
A Cypriot-Israeli joint venture company has submitted a proposal for more than €1bn for the development of the existing marina and port at Larnaca, which it would be the largest investment in Cyprus to date.
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Karpaz Gate Marina retains 5 Gold Anchors
Karpaz Gate Marina in North Cyprus has retained its 5 Gold Anchor award following assessment from The Yacht Harbour Association (TYHA) in the UK.
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Turkish builder launches new flagship
Sirena Yachts has launched its new flagship model, the Sirena 88. At 26.8m, it is the largest yacht ever built by the Turkish yard.
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ACOBAR supports marine tourism initiative in Brazil
The 5th Nautical Congress: Investments in Nautical Tourism will be held in São Paulo, Brazil from September 18-19 during the 2019 São Paulo Boat Show.
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Turkish yard unveils new business model
Turkish superyacht builder Naval Yachts has unveiled a new business model called ‘Completion Projects’.
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EU targets illegal tax breaks for yachts in Cyprus and Italy
The European Union Commission (EUC), in its ongoing mission to rid the EU of “unfair tax avoidance practices,” is taking steps to end illegal tax breaks in the yacht industries of Italy and Cyprus.
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Fire breaks out at two Istanbul marinas
At around 6am this morning, fire broke out almost simultaneously at two separate marinas in Istanbul, Turkey – Marinturk, which is located on the Asian side of the city, and Ataköy Marina on the European side.
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AkzoNobel: strong results overall, but flat in marine coatings
Dutch paint and coatings manufacturer AkzoNobel has posted strong first-half results, including a €280m net profit, up 24% from the same 2018 period. It cited cost savings and higher prices for AkzoNobel products.
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‘One Hundred Feet’ enters production in Brazil
Brazilian shipyard Sedna Yachts has officially commenced production of its new ‘One Hundred Feet’, a project signed by Italy’s Marino Alfani Design.
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Annapolis Inflatables sold
Two long-time Annapolis, Maryland marine businesses will be combining forces now that Fawcett Boat Supplies has completed its acquisition of Annapolis Inflatables (AI).
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ABYC inaugural educator training conference next week
The American Boat and Yacht Council (ABYC) will host its inaugural Marine Service Technology Educator Training Conference from July 23-25 at the Hornor Maritime Center in Annapolis, Maryland.
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2019 Brisbane Boat Show approaches
The 2019 Brisbane Boat Show is returning to the Brisbane Convention & Exhibition Centre this year from August 23-25. The three-day event is one of the largest recreational boat shows in Queensland, Australia, covering more than 20,000sq m of floor space across four halls at the South Bank venue.
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ADNEC receives recognition for organisational resilience
Abu Dhabi National Exhibitions Company (ADNEC), organiser of the Abu Dhabi International Boat Show (ADIBS), has received ISO 22301:2012 certification for its Business Continuity Management System (BCMS) from the International Organization for Standardization (ISO). The recognition reinforces the company’s commitment to increasing organisational resilience.
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Turkey imposes new "tax" on tourist vessels
Turkish Parliament ratified a bill last Thursday to establish a new agency to promote and further develop tourism in Turkey.
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3km of boats to be displayed at Dutch in-water show
More than 300 boats with a total length or around 3km will be on display from September 4-8 at this year’s HISWA In-Water Boat Show in Lelystad in the Netherlands – 12% more than last year’s edition.
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Ancasta grows turnover from new-boat and brokerage sales
One of Europe’s largest boat sales networks, operated by Ancasta International Boat Sales Ltd, achieved a 2.7% increase in turnover for the year ended August 31, 2018, based on growth in both new-boat and brokerage sales. The group’s profit fell back because of increased distribution costs and administration expenses, and ...
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1,300 US dealers receive Customer Satisfaction Index award
More than 1,300 US boat dealers have been recognised by the National Marine Manufacturers Association (NMMA) with its 2018 Customer Satisfaction Index (CSI) Award and just over 900 were recognised for excellence in customer service.
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Arksen grows technical team
Arksen, the new UK-based builder of hybrid explorer vessels, has appointed Jim Mair as technical director.