Superyacht Technology News – Page 36
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Sanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December
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Green light for foreign SY charter in Australia
New legislation was passed through the Australian Senate today that enables foreign superyachts to charter in Australian waters. The special recreational vessel legislation will allow superyachts use of a coastal trading temporary licence, allowing commercial charter activities.
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Superyacht Refit Group grows business by 10% in 2018-19
Total value of activity among ICOMIA superyacht refit members was nearly €400m from 1,136 projects, representing approximately 40% of global business in the sector.
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Sanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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Amico inaugurates 4,000-tonne capacity shiplift
Genoa-based Amico & Co officially inaugurated it new €27m, 4,000-tonne capacity shiplift on Thursday. The new facility is not only an important development for this global leader as a superyacht refitter, but also a major bonus for Genoa in its ongoing campaign to become a key superyacht hub.
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Amels expands capacity amid growing yacht-building operations
Dutch boatbuilder expands capacity, obtains order to build new superyacht
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New Bill brings Australian foreign-flag charter licence a step closer
Superyacht Australia will be hoping that it will be a case of third time lucky with regards to securing a licence deal that will enable foreign-flagged superyachts to perform charters while in Australia. Over recent years two previous attempts have not made it through the smallest of margins.
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Feadship aims to be emissions free by 2025
In his keynote presentation and a subsequent Q&A session at METSTRADE 2019, Feadship director Henk de Vries highlighted the Dutch yard’s plans to go green and possibly be emissions free by 2025.
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Netherlands steps up Dutch flag marketing
The Netherlands is stepping up marketing of its registry of sea-going vessels and superyachts to generate more work for the Dutch maritime sector. It has launched a website – www.nlflag.nl – with details on vessel registration and certification, manning requirements and Dutch shipping and tax policies.
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Over 100 superyachts expected to visit Australia in 2020
Following the promotion of Australia and the South Pacific region at the Monaco and Ft Lauderdale shows, Superyacht Australia is anticipating that over 100 superyachts will visit the country next year. The America’s Cup races being held in Auckland, New Zealand in 2021 is a factor in this increase.
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3rd International Superyacht Summit to be held in Dubai
Under the patronage of Dubai Ports World subsidiary P&O Marinas, the third edition of the International Superyacht Summit is to take place in Dubai next year from March 11-12.
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Asia-Pacific yachting moves forward on various fronts
The Asia-Pacific yachting market has been increasingly marketing itself in a bid to attract more and more superyachts in the region. With the Olympics in Japan next year and the America’s Cup being held in Auckland in May 2021, these promotional initiatives are showing results. Other events are also helping ...
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SA’s first Superyacht Training Academy opens in Cape Town
South Africa’s first-ever Superyacht Training Academy has officially opened in Cape Town.
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Big superyacht contract for VABO Composites
VABO Composites of the Netherlands is building one of the largest composite arrangements ever in the superyacht industry: the superstructure and mast of a yacht of Feadship member Royal Van Lent.
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Cape Town welcomes famous superyacht for boat show weekend
South African maritime stakeholders have welcomed one of the world’s premier superyachts just days before the start of the Cape Town International Boat Show this coming weekend.
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First sale of direct drive diesel microturbine generator for superyacht
The rebuild of the 42.06m (138ft) classic superyacht Istros by Feadship in Makkum will include the installation of the first-ever direct-drive DC C65 diesel microturbine generator for marine use. The sale was made by Capstone Turbine Corp of the US through Seven Turbine Power BV, Capstone’s exclusive distributor for Belgium, ...
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Ferretti extends its IPO offer period
In view of the ongoing discussions with institutional investors, the Italian yachtbuilder Ferretti Group has extended the offer period for the pending listing of its shares on the Milan Stock Exchange
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Ferretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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Baglietto CEO joins SYBAss board
Michele Gavino, CEO of Italian superyacht builder Baglietto, was elected to the board of the Superyacht Builders Association (SYBAss) during its annual general assembly last month. The event was held at the Yacht Club de Monaco on the eve of the Monaco Yacht Show.
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Gulf Craft adds new 37m Majesty 120 to its superyacht range
Middle East yacht-builder Gulf Craft announced at the 2019 Monaco Yacht Show that a new 37m (121ft) tri-deck Majesty 120 has been added to its superyacht range. The new model was launched by Mohammed Hussein Alshaali, Culf Craft’s executive chairman.