All News articles – Page 684
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Turkish builder eyes global expansion
Bering Yachts, a Turkish producer of boats and steel yachts owned by businessman Alexey Mikhailov, plans to significantly increase production and expand its range in the coming years, according to the company.
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New CEO at Sleipner Motor
After 42 years at the helm of Sleipner Motor, Arne Kai Skauen is stepping down from his role as CEO. He has been replaced by Ronny Skauen, who, for the last 25 years, has been in charge of Sleipner’s R&D and international operations.
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Laser class association claims builder breached terms
A dispute has broken out in the world of sailing after one of the sport’s governing bodies accused the UK’s largest dinghy-maker of breaking strict boatbuilding rules. According to a story in the London Times newspaper, the US-based International Laser Class Association (ILCA) is seeking a new boatbuilder after claiming ...
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Numarine names new sales and marketing manager
Turkish motoryacht producer Numarine has promoted Ali Tanir to the role of sales and marketing manager with immediate effect. He replaces Orhun Senturk, who is leaving the company to pursue other opportunities.
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US marina gets US$12m facelift following Hurricane Harvey
In just a year after Hurricane Harvey tore through coastal Texas, Cove Harbor Marina announced it would be reopening and expanding operations as Cove Harbor Yacht Club and Boat House Resort, with US$12m in upgrades and plans underway for more.
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ACR Electronics expands leadership team
ACR Electronics, the US safety and survival specialist, has made two key leadership appointments for its Ocean Signal and United Moulders Ltd (UML) brands.
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Cape Charles Yacht Center sold
Front Street Shipyard of Belfast, Maine, has purchased the Cape Charles Yacht Center in Virginia, with an eye toward expansion and creating a premiere superyacht refit and service facility.
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Ferretti Yachts 720 to have official debut this summer
Italy’s Ferretti Yachts is to officially debut its latest creation, the Ferretti Yachts 720, this summer. The new project made a huge splash at the Cannes Yachting Festival 2018, when the first unit was sold off-plan.
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USMCA shows signs of faltering in US Congress
The deal reached last year with the Trump Administration, Mexico and Canada to replace the 1994 North American Free Trade Agreement (NAFTA) is showing signs of stalling in US Congress, according to The Washington Post.
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Green light for NZ marina extension project
A 252-berth extension to Waikawa Marina on New Zealand’s South Island has received approval from the Port Marlborough Board.
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Riviera’s Festival of Boating to be held at SCIBS
Australian motoryacht builder Riviera has announced that its popular Festival of Boating is moving this year to the Sanctuary Cove International Boat Show (SCIBS).
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Overmarine delivers new Mangusta Oceano 43
Italy’s Overmarine Group has delivered Project Firenze, the third 43m yacht in its Mangusta Oceano series of displacement vessels, to its new owner. The official ceremony took place on Overmarine’s private quay in Viareggio following the successful completion of tests and sea trials.
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Hill Robinson opens first Southern Hemisphere office
In response to the growth in the Asia-Pacific yachting market, Hill Robinson Yacht Management has decided to open an office on Australia’s Gold Coast. The new office is located at Gold Coast City Marina & Shipyard (GCCM), already a well-established hub for superyacht repairs, refits and berthing. It will also ...
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A big leap forward in propeller efficiency
The new Sharrow Propeller claims a remarkable 9-15% increase in efficiency over the industry standard Wageningen B-series design and now has 20 patents to protect the concept
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Kongsberg completes acquisition of Rolls-Royce Commercial Marine division
Around nine months after it announced the sale of its Commercial Marine division, Rolls-Royce (RR) has today completed the £500m or so transaction to the Norwegian Kongsberg Group ASA. The division includes the links which RR had with the superyacht market including vessel and system design capabilities related to propulsion ...
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Turkey overturns ban on foreign-flagged charter yachts
The ban on foreign-flagged yachts operating as charter vessels in Turkey this season has been overturned, thanks to the efforts of local yacht associations and charter firms. But while negotiations with officials at the Ministry of Tourism have been successful, disappointingly high rates have been imposed.
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Correct Craft acquires Velvet Drive
Correct Craft has announced the acquisition of Velvet Drive Transmissions, a vendor to the boat and engine builder for the past 40 years. Velvet drive will be “vertically integrated into Correct Craft’s Pleasurecraft Engine Group,” according to a company news release.
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Workforce development to be addressed in IBEX Super Session
‘Challenges and Solutions for Workforce Development’ will be the subject of a Super Session at the 2019 International Boatbuilders’ Exhibition and Conference (IBEX) on 30 September, in advance of the show’s official opening in Tampa, Florida.
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7th Kuwait Yacht Show ends on positive note
The seventh edition of the Kuwait Yacht Show, organised by PH7 Events and held at Marina Crescent, came to a close on Saturday. Exhibitors that IBI spoke to were very satisfied with the outcome of the five-day event. The results reveal that the Kuwait market is performing well, despite slower ...
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Cape Town planning desalinated water for passing vessels
Authorities are moving ahead with plans to establish a water desalination plant in the Port of Cape Town