Sector News – Page 402
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News
Imperial Yachts client contracts for 49m SY catamaran from Sunreef
A contract for a 49m (161ft) superyacht catamaran, which will be the largest superyacht to be built so far in Poland, has been placed with Sunreef Yachts by a client of Imperial Yachts. The order was announced at the Monaco Yacht Show and the craft is scheduled to be delivered ...
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Dutch superyacht lobby weighs its future course
Suddenly, in its 50th anniversary year, HISWA Holland Yachting Group’s (HHYG) 26 members are at a fork in the road. Either stay in the lobby of Dutch superyacht makers and suppliers or join the much bigger Netherlands Maritime Technology (NMT) lobby.
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St Petersburg show attracts strong crowd
This year’s St Petersburg International Boat Show in Russia was one of the largest in terms of the number of visitors and participants. Some 65 boats and yachts of various lengths (primarily from 5m-25m) were displayed at the show, which ran from September 5-8.
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YPI sold to Singapore investment group
Superyacht services provider YPI (Yachting Partners International) has been bought from the French commercial shipping brokerage house, BRS, by Mercantile & Maritime Investments (M&MI), the investment division of the Singapore-headquartered group, for an undisclosed price.
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HISWA Holland Yachting Group dissolves
Dutch superyachts quit trade lobby; join national maritime group
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Ferretti announces new superyacht models
Italy’s Ferretti Group has presented more information about its financial performance and new products from its Superyacht Division to be launched over the next three years. One of three divisions within Ferretti, the Superyacht Division currently encompasses four brands – CRN, Custom Line, Pershing and Riva – with a fifth, ...
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Caribbean chandlery expands
Budget Marine, one of the Caribbean’s biggest boating retailers, is constructing a new outlet in Carriacou – an island located 23 miles off the coast of Grenada. The full-service, 2,100sq ft store is being built in Tyrell Bay Marina and is due to open in January 2020.
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MB92 sold to European investment firm
Marina Barcelona 92 (MB92) today announced that Squircle Capital, a European alternative investment firm focused on private equity and value-add real estate investments, has acquired 77.5% of the Spanish superyacht refit, repair and maintenance group. The transaction, which has received regulatory approval, is expected to close, subject to customary closing ...
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International dealer development award – call for entries
Amongst nine other categories, the IBI-METSTRADE Boat Builder Awards for Business Achievement in association with Raymarine, recognises success in building an international distributor/dealer network. If your company has made significant advances in the past 12 months in expanding its international footprint by appointing new distributors or dealers in export markets ...
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Sustainability takes centre stage at METSTRADE 2019
METSTRADE organiser RAI Amsterdam is to host three panel discussions on the subject of environmental sustainability on the InnovationLAB Stage at this year’s show.
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Norwalk Boat Show: smaller, buying crowds
The Norwalk Boat Show in Connecticut closed over the weekend with attendance down 11% from last year but many exhibitors reporting “quality buying crowds”, according to the show’s producer, the National Marine Manufacturers Association (NMMA).
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Canadian firm unveils all-electric PWC
Canadian snowmobile manufacturer Taiga Motors has introduced a new all-electric personal watercraft (PWC) that the company describes as “a new segment of personal watercraft, defined by conscious luxury, high performance, and connectivity.”
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France’s Atlantic show draws crowds
The Grand Pavois La Rochelle in-water and land-based boat show, which ended its six-day run yesterday, serves buyers from a wide catchment area on the Atlantic coast of France from Le Havre to Biarritz with visitors also attending from Paris and further afield and a small contingent from Spain and ...
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UK marina builder takes on regeneration project
Walcon Marine, the UK-based marina builder, is returning to Buckler’s Hard Yacht Harbour on the Beaulieu River in Hampshire to undertake a major regeneration project. Taking place over two winters, it will involve a complete rebuild of the marina, including extensions to the piers and the refurbishment and re-use of ...
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US jet charter firm moves into yachts
US flight charter service Apollo Jets is moving into the yacht market through its acquisition of Cambridge Yacht Group.
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Nauticus appoints Smart Tabs distributor for Italy
US trim tab manufacturer Nauticus Inc has chosen Indemar to distribute its Smart Tabs range of automatic trim tabs in Italy.
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Polish builder overhauls product range, plans new investments under new ownership
Polish boatbuilder Delphia Yachts Shipyard, a subsidiary of Groupe Beneteau in France, is aiming to intensify its expansion plans with the launch of new investments and the introduction of new models to its product range.
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UK marina operators complete merger
The merger of UK marina operators Dean & Reddyhoff and Quay Marinas has now been implemented. The transaction brings together 11 marinas on the UK south coast, Bristol Channel, Irish Sea, the Clyde and East coast. A new nationwide cruising pass has been issued for berth holders offering access to ...
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Sanlorenzo files application for listing with Milan Stock Exchange
Following its announcement in Cannes that it would pursue its planned initial public offering (IPO) stock listing, Italian yacht-builder Sanlorenzo today confirmed that it has filed an application to join the Milan Stock Exchange (Borsa Italiana).
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Veratron AG opens US office
Swiss gauge manufacturer establishes US presence to support further sales of VDO Marine gauges and components