Yachting Business Luxury Yacht & Superyacht News

Yachting Business Luxury Yacht & Superyacht News

Marine industry to see modest growth in 2011, GE Capital Survey reveals

February 27, 2011

Written by Chelsea Smith

After navigating through rough waters for several years, the marine industry is beginning to push forward on the throttle, according to survey results released today by GE Capital, Commercial Distribution Finance (CDF) from the Miami International Boat Show. More than one-third of respondents (38%) expect sales to increase up to five percent in 2011, and 54% said that the best time for dealers to increase inventory levels is now. ... read full story

Positive results for Seatec-Compotec 2011

February 27, 2011

Written by Chelsea Smith

Positive results for the ninth year of Seatec, held this year together with Compotec, the third International exhibition for composites and related technologies: 780 brands present overall (including 269 foreigners) compared to 753 in 2010; the total number of visitors from the industry up by 5%, that is 9,203 this year. 32.000 square metres of covered area occupied, over 40 side events in three days, a success that reconfirms Seatec’s and Compotec’s position among the top international trade fairs. ... read full story

4th High Performance Yacht Design Conference in New Zealand

February 27, 2011

Written by Chelsea Smith

The dates for the 4th High Performance Yacht Design conference have been confirmed and will run from the 12-14 March 2012. This will take place in Auckland, New Zealand during the Volvo Ocean Race stopover. The boats arrive on 8 March and depart on 18 March. The conference venue will be in the heart of the Viaduct Basin in the purpose built Marine Events centre. ... read full story

Karpaz Gate Marine appoints Captain Deniz Akaltan as Harbour Master

February 24, 2011

Written by Chelsea Smith

Karpaz Gate Marina Ltd, the new luxury marina based in the Turkish Republic of Northern Cyprus (TRNC), has filled the key management position of Harbour Master ahead of the marina’s forthcoming completion and soft-launch in May 2011. The new recruit, Captain Deniz Akaltan, will officially take responsibility for the management of the marina from May although will begin working with Sea-Alliance Group – the marina management team – immediately. ... read full story

Overmarine partners with MarineMax, USA’s largest yachting retailer

February 24, 2011

Written by Chelsea Smith

Overmarine also announced they have entered into a new agreement with MarineMax the world’s largest boat dealer (listed on the New York Stock Exchange symbol HZO). Overmarine Group and MarineMax are starting a new business model that meets the demanding needs of their clients. The Group will be able to strengthen its presence and visibility in the American market with a reliable partner situated in 55 strategic locations providing a clear and direct link with the shipyard. ... read full story

Overmarine Group confirms acquisition of Baglietto Group

February 24, 2011

Written by Chelsea Smith

In order to expand its product range, Overmarine Group decided to start growing by acquisition and today, Overmarine is proud to announce, for the first time in front of the Press the Acquisition of Baglietto Group. ... read full story

Sanlorenzo sells four yachts at the first two 2011 Boat Shows

February 23, 2011

Written by Chelsea Smith

Sanlorenzo, the prestigious Italian Shipyard attended the Duesseldorf Boot 2011 and sold two yachts, a SL62 and a SL82, fiberglass planning motor yachts produced in the Ameglia Division. During the Miami Boat Show in America, Sanlorenzo of the Americas sold a SL72 and a SL88 Ameglia planning fleet yachts; in particular the SL88 has been built in a specific American version. ... read full story

Hainan Rendez Vous 2011: A Benchmark Event for yachting in China

February 23, 2011

Written by Chelsea Smith

Running April 1-4, the Hainan Rendez-Vous will display a dazzling fleet of yachts and superyachts from the world's very best ship builders to some 8,000 highly targeted attendees, about 250 of whom will be flown to and from the event on business jets. ... read full story

ISA Yachts and JLT Yacht Agency announce partnership agreement for Ank’s Marina, Croatia

February 22, 2011

Written by Chelsea Smith

International Shipyards Ancona (ISA) and JLT Yacht Agency have announced a partnership agreement today. JLT are now the preferred partner of ISA to provide marine and VIP concierge services to all ISA clients. ... read full story

Composite Mouldings (CML) expands to new Southampton facility

February 22, 2011

Written by Chelsea Smith

Composite Mouldings (CML), a Southampton based boat builder, are moving to a larger factory in Marchwood Industrial Park. The new facility is 0.5miles down the road from their original factory and is a former Maritime Education and Training facility, which once housed a full size simulator mock up of a ships bridge deck. ... read full story

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