Superyacht Technology News – Page 41
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Princess Motor Yacht Sales names new dealers
Princess Motor Yacht Sales has announced the appointment of two new dealerships for the Princess brand in Switzerland
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Ocean Alexander reports record FLIBS
This year’s Ft Lauderdale International Boat Show (FLIBS) was a record success for Ocean Alexander, with seven new boat sale contracts signed on yachts.
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Indian Empress crew payments dispute concluded
Indian billionaire Vijay Vittal Mallya, owner of Kingfisher Beer’s Force One India, has had little pleasure of late from the two superyachts he is, or has been, associated with.
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New superyacht crew survey highlights areas for improvement
Survey of superyacht crew to investigate welfare issues specific to the sector, backed up by in-depth interviews and diary studies
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Greece third in superyacht ownership league
Two recent reports by Bloomberg and Knight Frank indicate that Greece is third in the league of global superyacht ownership for vessels over 40m (131ft) in length. Greece is also the fourth most popular destination for such sized yachts to visit.
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MCY wins ‘100 Italian Excellences’ award
Monte Carlo Yachts (MCY) has received a ‘100 Italian Excellences’ award for its achievements in the nautical sector.
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Porto Montenegro and Damen to redevelop commercial shipyard for superyachts
In a 50:50 joint venture between the Damen Shipyards Group and Porto Montenegro (PM), some €20m will be invested in developing a superyacht refit and maintenance facility at Bijela able to handle vessels up to 120m (394ft).
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Hodgdon launches custom megayacht tenders
The tender division of Hodgdon Yachts in the US has launched two new, custom ‘Venetian-style’ tenders for an 80m megayacht under construction in Germany.
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Zabava arrives at Dutch yard for complete refit
The 30m Heesen-built motoryacht Zabava arrived at ICON Yachts’ facilities in Harlingen, the Netherlands recently for a complete refit ahead of the Mediterranean cruising season. Originally delivered as Buka in 2000, the yacht previously cruised under the name Pokrov II before being sold to its new owner in ...
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Disputes involving superyachts continue
Two large superyachts involved in different disputes are still awaiting resolution of their respective situations. The superyachts at the centre of these disputes are the 115m (377ft) Luna and the 91.5m (300ft) Equanimity.
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Hull No 6 of OTAM 80HT sold
Italian boatbuilder OTAM has announced the sale of Hull No 6 in the OTAM 80HT series. Attitude is currently in build at the yard’s facility in Genoa and is due for delivery to its new owner in April 2020.
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Johnson Yachts appoints dealer for SE Asia
Johnson Yachts has expanded its global dealer network with the appointment of Singapore-based Dream Nautical, to cover Southeast Asia. This territory joins the other dealer partners located in the US, Germany, UK, Cyprus, Japan, Australia and New Zealand.
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New ownership for bankrupt Italian yards
Two Italian yacht-builders that have both been in a bankrupt state have recently been acquired by new owners. The two businesses are Cantieri di Pisa and the Privilege superyacht yard located at Civitavecchia, near Rome. The latter also included an uncompleted shell of the 127m (416ft) Project One.
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EU investigates tax avoidance in Italian, Isle of Man yacht sectors
The European Commission has announced it is implementing infringement proceedings on tax breaks applied in the yacht and aircraft sectors in Italy and the Isle of Man. The procedure is related to the investigations of last year’s so-called Paradise Papers leaks which revealed widespread value-added tax (VAT) evasion in the ...
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Mondomarine sold
Palumbo Superyachts, the yachting division of Italy’s Palumbo Group, has acquired Italian refit and repair yard Mondomarine for an undisclosed sum.
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CRN sells fully custom 70m steel and aluminium yacht
CRN has announced the sale of a fully custom 70m steel and aluminium yacht, hull number 139.
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Feadship Refit & Services opens for business
Dutch superyacht builder Feadship has announced the formation of a globally operating company called Feadship Refit & Services, which will be responsible for implementing Feadship’s new customer support strategy referred to as ‘My Feadship’.
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Palumbo Malta Superyachts expands facility offering
Completes testing on new 16-wheel, 420 ton travelift
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23rd Superyacht Forum attracts strong crowd
The 23rd edition of The Superyacht Forum, held from November 12-14 in association with METSTRADE, delivered a wide range of presentations around a central theme of ownership experience entitled ‘The Future of Superyacht Ownership - The Perfect Customer Journey.’
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Renewal of 'civil' fleet by Russian Ministry of Defence could provide boost to SY builders
The planned renewal of its ’civil’ fleet - leisure boats of around 100ft used by senior commanders - could also provide opportunites for Western yards