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Charter Yacht

Trinity Yachts to Acquire IYC

Trinity Yachts, LLC (Trinity) and International Yacht Collection (IYC) have announced today that they have signed a Letter of Intent for Trinity to acquire IYC. This acquisition will expand Trinity's capabilities and enable it to offer its clients the entire range of yachting services: new construction, repairs, brokerage, charter management, retail charter, yacht management, and crew placement. It is expected that the purchase should be completed by July 1, 2007.


Precious Cargo Returns to S. Florida

The 686-foot Yacht Express in Martinique.

Every October at Port Everglades, one of the most active cargo ports in the United States, Dockwise Yacht Transport (DYT) reminds the world that its semi-submersible ships are among the most extraordinary in the world, and the cargo they carry is as precious as any delivered around the globe by the thousands of ships that pass through there.    This year, not one but two Dockwise ships, the 686-foot (209-meter) Yacht Express and the smaller 555.93-foot (169


Diverse Projects’ Latest Vessel

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Build Project 08 is currently under construction at Profab Central Engineering Ltd in Palmerston North, New Zealand. The hull was successfully rolled over in October, and the superstructure is now taking shape. Stage two of the program, interior, paintwork and finishing details will later take place in Whangarei, New Zealand. BP08’s sleek lines were designed by Craig Loomes Design Group. The 103.3 ft passagemaker is being built to Germanischer Lloyd 100 A5 class and New Zealand MSA


Electric Boat Hire Initiative in Chicago

Duffy Electric Boat: Photo credit Vantage YC

Boat-share company Vantage Yacht Club takes delivery of four electric boats from Duffy Boats Vantage Yacht Club, offering shared yacht ownership announce additions to its Fleet Membership and Non-Member rental fleets with the delivery of four electric Duffy Boats. Arrival of the electric boats is the first such initiative in Chicago. Electric boaters will cruise the Chicago River taking in the sights and sounds of the city while promoting environmental responsibility and sustainability


Megayacht 'Arianna' Charters to be Handled by SG Private Wealth Advisors

SG Private Wealth Advisors oversaw construction of 50 m Megayacht 'Arianna' now chosen to market the vessel, promote for charter SG Private Wealth Advisors, a billionaire-founded multi-family office, announce it has been chosen to manage all marketing efforts involving Arianna—a 50-meter mega yacht. This includes the promotion of Arianna's availability to charter. From the start of the project in 2009, SG Private Wealth Advisors has overseen all elements of the design


Super Yachts Give Boost to NZ Economy

Image from Facebook page of Superyachts in Auckland

 New Zealand Customs Minister Nicky Wagner says mid-winter marks the end of another successful yacht season, with many of the remaining international yachts departing at the end of last month.   "57 superyachts visited between April 2014 and March 2015 , compared with 37 during the previous season. This is the highest number of superyacht visits since we hosted the America's Cup in 2000," Ms Wagner said.  


Yacht Assists Crew in Atlantic Rescue

The largest single masted yacht in the world assists 33 foot yacht in Atlantic rescue. The Falmouth Coastguard were contacted by their colleagues at Thames Coastguard who received a telephone call from a lady crew member on the yacht Compromise competing in the ARC Challenge 2006. Falmouth Coastguard contacted the yacht and spoke to the lady crew member who reported that she had a medical emergency on board. Falmouth Coastguard initiated broadcast action to locate any vessel in the


MARIS Makes Agreement With Peter Johansen Group

Maritime Information Systems AS (MARIS) has made an agreement with the Peter Johansen Group A/S in Denmark to supply radar/ARPA, ECDIS and VDR to its super luxury yachts on an exclusive basis Under the name Royal Denship the Peter Johansen Group is building a series of super luxury yachts for foreign owners. These yachts are being built at several Danish shipyards. The agreement includes deliveries of the following products from MARIS: ARPA2000 Radar/ARPA automatic radar plotting aid


Platinum SuperYachts Enters with Shipbuilder

Platinum SuperYachts Inc. announces the formation of a strategic alliance with Custom Marine International Inc. (CMI Yacht), a U.S. based corporation. CMI is strategic to Platinum's business plan because of its unprecedented joint venture with China Shipbuilding Industries (CSI) for constructing state-of-the-art, large steel, aluminum, and fiberglass yachts at CSI's facilities in the Peoples Republic of China. The CSI shipyard boasts state-of-the-art facilities complete with leading


WESMAR to Introduce New Fin for Yachts

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WESMAR (Western Marine Electronics) will introduce a 50-square-foot mega fin at the Fort Lauderdale Boat Show on October 27-31 in Florida. Designed for luxury yachts, charter and super yachts, these new fins, coupled with WESMAR’s triple axis digital DSP4800 control electronics, are designed to reduce up to 90% of vessel roll. They are rugged with a neutrally buoyant design that adds lift, and are designed with added strength and reliability to meet the high performance requirements


Palmer Johnson Yatchs Shuts Sturgeon Bay, Moves to Europe

Image:  Palmer Johnson Yachts

 Luxury yacht manufacturer Palmer Johnson Yachts is closing its production facilities in Sturgeon Bay because of dwindling sales and competition from overseas.   In a plant closing notice filed Wednesday with the Wisconsin Department of Workforce Development


Elandra Yachts Expands Gold Coast Operations

Tom Barry, Cotter and Luke Durman

  Australia’s newest luxury motor yacht brand Elandra Yachts has expanded its Gold Coast operations on the back of rapid growth and increased interest from Australian and international buyers. The high-end marine vessel manufacturer has acquired a further 1


Asia Tankers-VLCC Rates Will See More Volatility

file image: A Suez Max Tanker in the Suez Canal.

VLCC market to be "hot" in Q4 -VLCC broker. Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel supply ahead of a fourth-quarter boom, brokers said. Charter rates, which have rebounded sharply


Neander Deal Sees Yanmar Return to Diesel Outboards

Left to right: Floris Lettinga, YMI Global Sales Manager, with Lutz W. Lester: Managing Director Neander Shark (Photo: Oliver Franke)

Marking its return to the diesel outboard market, engineering company Yanmar Marine International (YMI) has reached an agreement for exclusive distribution rights with German outboard manufacturer Neander Shark.   YMI, whose headquarters are in the Netherlands


Otto Marine 2Q Losses Lower

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  • Marked improvement in performance as losses after tax for 2Q2015 reduced to US$2.5 million from US$13.3 million in 1Q2015. • Group secured new chartering contracts worth a total of US$132.2 million in 2Q2015 and that brought total order book to US$307


Beiderbeck Motoryacht from Horizon

Beiderbecks 33 m Horizon MY 800 px

A new masterpiece from Beiderbeck Designs: in Taiwan, the yacht designers from Bremen are using the technical platform of a 33-metre long Horizon motoryacht for their latest commission for an experienced German owner. They are combining maximum comfort and all-round visibility at all levels in a


LNG Owners Pool Fleets to Cut Costs

Photo: Dynagas

Three of the top liquefied natural gas (LNG) tanker owners have decided to market 14 vessels jointly on a spot charter basis, part of a new pooling arrangement that is aimed at cutting operating costs in a depressed market. The pool, consisting of eight modern vessels from Norwegian shipper


Dometic to Launch Watermaker at IBEX

Dometic Marine, a division of Dometic Group, a global provider of leisure products for the marine, truck, RV and automotive markets, announced it will showcase its new XTC-ZTC Double-Pass Watermaker at the International Boatbuilders’ Exhibition and Conference (IBEX), Sept


Work Maintenance Vessel Delivered to Otto Marine

Nautical Aliya (Photo: Otto  Marine)

Otto Marine Limited, an offshore marine company, announced that further to a long-term bareboat charter contract that was secured in June 2015, it has taken delivery of a 238-man work maintenance Vessel to fulfill that charter.   The delivery ceremony for the vessel, Nautical Aliya


Diana Shipping Fixes Panamax

Photo Diana Shipping

  Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels


Inmarsat Fleet One - Satcom Global

Fleet one

  Satcom Global has announced the launch of three new exclusive postpay voice and data bundles for the Inmarsat Fleet One service. Fleet One brings cost effective satellite communications to small vessels including yachts and fishing vessels, through a compact


Man Earns Jail Time for Hoax Coast Guard Calls

A man found guilty of making numerous hoax calls to the U.K. Coastguard has been jailed for four months, the U.K. Maritime and Coastguard Agency (MCA) reported.   Alasdair Munro, 55, from Kyleakin, Skye, denied all charges before Sheriff Scott at Portree Sheriff Court on August 27, 2015


Strong Returns for Sovcomflot

Grand Aniva is one of two Sovcomflot LNG tankers chartered by the operator of the Sakhalin-2 project – Sakhalin Energy Investment Company (SEIC). The photo has been provided by SEIC.

 Russia’s biggest shipping company PAO Sovcomflot (SCF Group) surpassed its own expectations and went forward on both revenue and net profit in the first six months.   It has posted a gross revenue increase of 11.8 per cent in the first half of 2015 worth USD 754


TEN Charters Tanker at 20% Premium

Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price levels positive for tanker markets   Greece-based crude, product and LNG tanker operator Tsakos Energy Navigation Limited


NewLead's MT Nepheli Update

MT Nepheli

  NewLead Holdings Ltd.announced today a review of the commercial performance of one of its bitumen tanker vessels, the MT Nepheli since the vessel was delivered to NewLead's fleet. The Nepheli is a 2009-built bitumen tanker vessel of 3






 
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