All News articles – Page 464
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News
German yacht-builder files for insolvency
German media reports luxury yacht builder Nobiskrug shipyard is closing its doors due to lack of orders
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NewsComponent supplier Patrick Industries to refinance debt
American equipment and component supplier Patrick Industries has announced a private offering of $350 million of senior debt notes; investor presentation details the company’s key performance indicators for the marine sector
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NewsNew investor buys into Fountaine Pajot
The world’s leading builder of cruising catamarans attracts new investor
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NewsPrince Philip’s connections with the marine world
The late Duke of Edinburgh was an active sailor in his younger days as well as holding office as Admiral of the Royal Yacht Squadron and President of the Royal Yachting Association and an honorary member
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NewsPivotal figure in US boat finance retires
Bruce Van Wagoner, Marine Industry Leader of Wells Fargo Distribution Finance, is stepping down after 45 years in the boating industry, supporting the growth of distribution and inventory finance for boat manufacturers and their dealers
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NewsFreedom Boat Club sails into Wisconsin, two new Chicago locations to open
The company now touts over 260 locations in three countries
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NewsFrench company to launch first electric boat motor this May
New electric boat motor to be launched next month
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NewsEU slaps import duties on Chinese aluminium; accuses Beijing of dumping
The tariffs vary from 19.3% to 46.7% depending on the exporter
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NewsSailTime Virginia gets new owners, new name, new vision
Fractional ownership boat club Sailtime has sold its Virginia Beach, Virginia location to new owners with bold expansion plans, a company news release announced. SailTime Virginia Beach has been rebranded to SailTime Southern Chesapeake Bay to reflect the expansion plans of new owners Greg Garrett and Al & Connie Motley ...
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NewsYATCO expands workforce
The team now has 50 years of combined experience in the yachting industry
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NewsPatrick Industries acquires SeaDek
US-based components manufacturer Patrick Industries today announced that it has completed the acquisition of Hyperform Inc, parent to the SeaDek brand of non-slip foam flooring for the marine OEM and aftermarket. Hyperform also serves the pool and spa, powersports and utility markets under the SwimDek and EndeavorDek brands, collectively known ...
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NewsGaleon Yachts web redesign for a ‘new way to shop’
Galeon Yachts, the privately held Polish builder, has launched a web redesign aimed at capturing the increase in online sales since the beginning of the Covid-19 pandemic. Touting “faster, more straightforward navigation and a more user-friendly experience”, Galeon brand manager Bob Burke said that the importance of a brand’s website ...
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NewsDates announced for 2021 International Superyacht Summit
The third edition of the International Superyacht Summit 2021 will take place in December 2021 on board the Queen Elizabeth 2 in Dubai. The organisers have announced December 8-9 as the new dates for the postponed summit, originally scheduled to run last March. The summit is also changing venue to ...
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NewsCroatian-German JV in US$57m bid to expand Rijeka marina
The marina in Porto Baroš could potentially accommodate superyachts
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NewsSpirit Yachts announces new management team
L-R: Sean McMillan, Karen Underwood and Mike Taylor The UK’s Spirit Yachts has announced changes to its senior management team. Karen Underwood, previously Spirit Yachts’ operations director, has become joint managing director alongside Mike Taylor, former head of group commercial at Oyster Yachts. After nearly seven years ...
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NewsHarewood Capital evaluating possible bid for GYG Plc
Proposed 92.5p per share bid price would value GYG at £43m
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NewsFormer Princess CEO launches yacht refit service
Chris Gates, former CEO of Princess Yachts, announced the launch of a new British specialist company, Setag, to provide design and refit services targeted to pre-owned Princess, Sunseeker and Fairline yachts
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NewsDeveloper of UK boating app teams up with Dockwa
The collaboration will bring savvy navvy to hundreds of thousands of boaters who use Dockwa in the US
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