All News articles – Page 542
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Wajer adds ‘Foil Assist’ to 38, 38 S models for more comfort
Preliminary technical research shows ‘Foil Assist’ cuts fuel use by 10 to 20% and boosts maximum speed
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2020 Q4, full-year sales down for Twin Disc
Covid-19 impacts and soft commercial markets lead to 18% YOY revenue decline for US equipment manufacturer
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Steeler launches its first Open boat
New design demonstrates yard’s expansion into aluminium construction
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Aquila names new brand manager to spearhead US development
Two new models to be laucnhed this year, third on its way
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Plan for new green marina on Phuket with 220 berths up to 70m
First hearing about project recently held
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Mayor of Cannes calls show cancellation “absurd”
In a bitter exchange of public statements, the Mayor of Cannes and the Préfet of the Alpes-Maritimes region have clashed over the decision to cancel the Yachting Festival which was due to start on the 8th of September
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Ft Lauderdale show organiser produces ‘Know Before You Go’ safety video
The organisers of the 61st Ft Lauderdale International Boat Show (FLIBS) have produced a ‘Know Before You Go’ safety video outlining some of the major changes visitors can expect at this year’s show. Owned by the Marine Industries of South Florida and produced by Informa Markets, FLIBS 2020 will take ...
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Mercury enters surf runabout segment with new forward-facing outdrive
Mercury’s new Bravo Four outdrive marks the company’s entry into the lucrative surf runabout segment Mercury Marine has introduced a new Bravo Four S forward‑facing outdrive, positioning the company to enter the rapidly-growing surf runabout segment. Utilising twin counter-rotating propellers mounted on its forward face, the new ...
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Polboat Yachting Festival deemed ‘huge success’
The on-water Polish show resulted in several orders for new yachts
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Nova Luxe acquires SA yacht-builder
Just one year after launching its first all-electric yacht, US-based Nova Luxe has acquired South African yacht-builder Scape, according to a company statement. Scape has been producing highly efficient catamarans primarily for the charter fleet market for more than 15 years. Nova Luxe plans to adopt the Scape models to ...
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Spanish marina operator obtains ‘Safe Tourism’ certification
Amarres Deportivos is one of few companies in the Balearics to be certified Covid-secure
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Siren Marine appoints European distributor
UK-based motoryacht brokerage Argo Yachting, sister brand to Princess Motor Yacht Sales, has secured the distribution rights for Siren Marine’s Connected Boat technology in Europe.
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Turquoise delivers 56m Blue II
Blue II: An exploration yacht for the 21st Century Turkish shipyard Turquoise Yachts has delivered Blue II, a retro-styled 56m explorer yacht, to its new owner. Described by the yard as “an exploration yacht for the 21st Century”, Blue II combines retro styling with the latest technology. ...
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Dispute emerges over cancellation of Cannes Yachting Festival
In a weekend interview, French official flatly denies he ordered the show’s cancellation and lays responsibility on the organisers; compensation costs at issue.
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US study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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GYG issues strong first-half trading update
CEO Remy Millott: “The team’s focus on improving margins is starting to flow through” Global Yachting Group (GYG), the UK-based superyacht painting, supply and maintenance firm, has issued a positive first-half trading update for the six months ended June 30, 2020. The announcement comes not long after ...
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Cannes Yachting Festival cancelled
IBI has learned that several exhibitors have been informed this morning of the cancellation of the Cannes Yachting Festival, from the organiser Reed Expo due to increasing worries about the incidence of the Covid-19 infection rate in the Alpes-Maritimes region. The show was due to have taken place from the ...
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Genting HK plans debt restructure
Hong Kong-listed Genting HK has been forced to take desperate steps to address the serious financial impact of Covid-19 on its core activity as the largest cruise ship operator in Asia. It owns Star Cruises, Dream Cruises and Crystal Cruises. Tan Sri Lim Kok Thay, Chairman & Chief ...