All News articles – Page 738
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News
Ferretti in talks to buy Wally
According to Italian newspaper Il Corriere della Sera, the Ferretti Group is in negotiations with Wally to acquire the Monegasque brand of sailing yachts and powerboats founded by Luca Bassani in 1994.
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Riviera to premiere four new models at FLIBS
Australian motoryacht builder Riviera is to introduce four new models at the Ft Lauderdale International Boat Show (FLIBS) this year as part of a US$10m seven-vessel fleet being shipped to the States. Three of the yachts will be delivered to customers.
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US engine builder attains CE certification
Seven Marine, the US outboard manufacturer acquired by Volvo Penta in 2017, has gained CE certification for its newly redesigned Seven 627sv model, enabling it to be sold within the European Union.
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Vision Yachts targets European market
South Africa’s Vision Yachts is opening an office in Mallorca, Spain, ahead of the launch of a new Vision 444 luxury bluewater cruising catamaran aimed at the export market.
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Hurricane Irma costs fishing industry US$200m
When Hurricane Irma slammed into the Florida Keys as a Category 4 storm last September, it left in its wake as much as US$83bn in damages, including nearly US$200m in losses to the recreational and commercial fishing industries and related businesses, according to a damage assessment issued by state and ...
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Simpson Marine appoints group general manager
Richard Allen, group sales director at Simpson Marine for the past three years, has been promoted to group general manager with immediate effect.
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Two Greek marina privatisations move nearer to completion
The long-running campaign to privatise a number of state-owned Greek marinas and tourist ports has just moved closer in the case of two marinas at Alimos and Chios.
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EP Barrus expands portolio
Following last week’s news that EP Barrus has entered the marine chandlery market, the UK-based engine importer and distributor has just signed an exclusive distribution agreement with Besto Lifesavers – a brand of marine safety and life-saving equipment.
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Abu Dhabi show on track for launch of first edition
The Abu Dhabi International Boat Show (ADIBS) has already met its targets for the launch of its first edition, having exceeded the amount of exhibitor space and exhibits initially planned.
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Mercury Marine holds ‘boating awareness’ event
“Boating is accessible, easy to do and fun,” said Michelle Dauchy, sitting on Chelsea Pier in New York City before an armada of a half-dozen boats equipped with the latest integrated digital technology. Mercury Marine’s chief marketing officer was one of a handful of company executives hosting an event Dauchy ...
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Brisbane show attracts strong crowd
Visitor numbers were up by 16% at the 2018 Brisbane Boat Show, which ran from August 24-26 at the Brisbane Convention & Exhibition Centre in Queensland, Australia. The three-day event attracted around 18,226 people.
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ProNav AS sold to Japan Radio Company Ltd
Japan Radio Company Ltd (JRC) has acquired Norway’s ProNav AS for an undisclosed sum. The move comes after more than 20 years of cooperation between the two firms.
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SA boatbuilders concerned about possible impact of Trump tweet
A tweet by US President Donald Trump decrying planned ‘land seizures’ by the South African government has prompted fears of changes to the trade deal that allows SA boatbuilders preferential access to the massive US boat market.
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IBI office closed on Monday
IBI will be closed on Monday, August 27, for the UK Bank Holiday weekend. Normal newsletter service will resume on Tuesday, August 28.
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Walcon Marine wins UK pontoon contract
Walcon Marine, the UK-based marina builder, has won the tender for the supply of walkways, finger pontoons and a bridge as part of Premier Marinas’ regeneration of Swanwick Marina on the River Hamble on Britain’s south coast.
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V.Ships launches Project Embark
V.Group, a global marine and offshore vessel management and support services provider, has launched a new initiative called Project Embark which it states will transform all areas of crewing. The fleet of 1,100 vessels that V. Group manages includes several superyachts and until recently it held a 17% stake in ...
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Polish builder invests heavily in yard upgrade
Polish motoryacht specialist Galeon is hoping that its investment in production will bolster the company’s plans to expand to new markets and launch new craft with innovative technology.
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Beneteau to have huge Cannes presence
Beneteau is to summon a fleet of 20 models to this year’s Cannes Yachting Festival, including three yachts that will be having their global or European debuts.
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NZ issues America’s Cup guide for visiting yachts
A guide for yachts planning to visit New Zealand for the America’s Cup events program in late 2020 and 2021 has been issued by the NZ Marine Boatbuilding Refit Group and the NZ Marine Export Group. The new guide includes never-before-released information around the 2020-21 Grand Regattas.
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Sunseeker Asia reports strong sales
Despite the general downturn in the Chinese yachting sector, the overall Asian market has remained steady, claims Gordon Hui, chairman of Hong Kong-based Sunseeker Asia.