All Singapore articles – Page 5
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News
Temasek withdraws from planned SG$4bn share purchase in Keppel Corp
Marina at Keppel Bay is one of Singapore’s largest marinas A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, ...
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Singapore-based boat advisory company BASCO launches Asia Online Boat Show & Expo
BASCO Boating, one of the largest communities of boaters, suppliers, and boat enthusiasts in Asia, has announced the launch of a two-day virtual Boat Buyer Expo. The event aims to help first-time boat buyers and new-to-Asia boaters make the leap to the boating lifestyle and overcome the associated challenges by ...
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Hong Kong boating market shines while the rest of Asia struggles
The market is looking forward to the 1st Hong Kong Yacht Show in November
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Azura Marine to build Aquanima solar-powered catamarans in Spain
Flurry of enquiries following recent launch of first cat
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Sanlorenzo reports strong sales in Asia, opens flagship office in Singapore
Italian boatbuilder Sanlorenzo is reporting strong sales in foreign markets. With five yachts sold in Hong Kong since the start of the year, including three over the last week, Sanlorenzo Asia – thanks to its collaboration with Simpson Marine – is leading the company’s international rebound.
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Azura Marine launches new solar-powered cat
The first of a new series of solar-powered catamarans by the Singapore-based Azura Marine was launched earlier this month in Bali, Indonesia. The appropriately named ’Solar Eclipse’ is the first hull of in Azura’s Aquanima 40 series, which currently includes the Aquanima 40 and Aquanima 45.
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Strong quarter at Grand Banks, but sharp decline expected
After logging new sales in the quarter ending March 31, Grand Banks anticipates a sharp downturn and more layoffs in light of an extended shutdown at its main Malaysian plant
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Grand Banks reports 10-year high for order book
Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...
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Seven Asian boat shows cancel or review dates
Korea and Hong Kong shows postponed in response to the Coronavirus threat, while other Asian show organisers are closely monitoring the situation
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Nuova Jolly appoints exclusive Indonesian dealer
Nuova Jolly, the Italian inflatables specialist, has chosen Yacht Sourcing to serve as its exclusive dealer in Indonesia, Thailand and Singapore.
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Fairline expands Asian dealer network with Simpson Marine
Hong Kong-based yacht sales and brokerage firm Simpson Marine has extended its Fairline Yachts dealership into North and South East Asia.
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New SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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Singapore government moves to take over Keppel and Sembcorp Marine
The Singaporean government is bidding to acquire a controlling stake, using its Temasek Holdings investment arm, in Keppel Corporation – a large, diversified business group with significant marine activities in shipbuilding and the offshore sector. The marine interests include Marina at Keppel Bay, one of Singapore’s key yacht marinas.
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Grand Banks revenue hits 10-year high
The luxury yacht builder said seven new orders have boosted the Group’s order book to S$52.8m in the first quarter
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TAITRA co-hosts Singapore event to promote Taiwan boatbuilding
The Taiwan External Trade Development Council (TAITRA), in collaboration with the Singapore Boating Industry Association (SBIA), recently organised an event to promote Taiwan boat manufacturing to Singapore marine industry members.
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Grand Banks posts 4th quarter and year-end results
Singapore-based Grand Banks reports lower revenue and profitability for 2019, but remains bullish about 2020 based on a robust order book and four-years of restructuring initiatives
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Singapore Yacht Show 2019 hits record visitor numbers
Over 80 yachts and superyachts, including more than 30 local and regional yachting premieres, on display
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Hainan Marine Tourism Summit postponed
The 2019 Hainan Marine Summit scheduled for March 25-27 is understood to have been postponed until the second half of this year. The summit was due to follow a 2018 roundtable of leisure marine and China experts that was held in Hainan last November and hosted by Arthur Tay, CEO ...
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Vard Holdings to delist from Singapore Exchange
EGM approves action for majority-owned Fincantieri business