Company plans to invest $100 million over the next five years in the development of a new shipyard in Dubai Maritime City to build a global luxury yachts manufacturing facility Dubai Maritime City (DMC), a maritime cluster in Dubai, today announced an agreement with Gulf Craft to invest in a free hold plot located within the marine district of DMC, on an area of approximately 900,000 square feet. According to DMC, Gulf Craft plans to make a $100 million investment in developing this facility over the next five years. It will include a state-of-the-art shipyard to manufacture high-end luxury yachts as well as a service center incorporating cutting-edge, highly specialized technology for the yacht industry. The agreement was signed by His Excellency Khamis Juma Buamim, Chairman of Dubai Maritime City, and His Excellency Mohammed Hussein Al Shaali, Chairman of Gulf Craft. UAE-based Gulf Craft, is one of the top 10 manufacturers of superyachts globally, completing and delivering more than 9,000 vessels to date and winning a number of local and international awards, including the World Yacht Trophy for Shipyard of the Year 2014 and the Best Asian Yacht Builder at the Asian Boating Awards 2014. Commenting on the announcement, Mohammed Hussein Al Shaali, Chairman of Gulf Craft said, “As a company
A pair of grants totaling nearly $58,000 will be used to train 245 workers at two shipbuilders in Sturgeon Bay, Wis., the Business Journal of Milwaukee reported. The Workforce Advancement Training Grants from the Wisconsin Technical College System were awarded to Northeast Wisconsin Technical College (NWTC) in Green Bay. The funds will be used for training workers from Bay Shipbuilding Co., a manufacturer of commercial ships, and yacht maker Palmer Johnson Yachts..
Grand Banks Yachts, Ltd., recently appointed two members to their worldwide corporate management team. Rob Livingston has been named vice president of marketing for the global manufacturer of Grand Banks, Eastbay and Aleutian Class yachts. In this capacity, Livingston has worldwide responsibility for brand marketing, overseeing advertising, public relations, promotions, online operations, collateral development and overall marketing management
Fjord, Inc. has recently reached an agreement authorizing National Marine Suppliers to be a distributor of their Chafe-Pro product line. National Marine Suppliers specialize in worldwide yacht support and deal in every facet of the yachting industry. Fjord, Inc. is a manufacturer of marine chafe-protection coverings for safeguarding lines and hydraulic hoses. Chafe-Pro’s patented design allows the units to be moved to the desired location due to their Velcro closing system
“The Australian yacht market is very buoyant at present due to the strong Australian dollar,” said Roberts. “Being market leaders, DYT and Aurora are working hard to service the South Pacific market for yacht transportation in relation to this large influx of yacht movements.” Super Servant 3, at 456 feet (139 meters) in length and operating on a regular schedule to deliver yachts around the world
Vantage Yacht Club Adds Sustainable Electric Boats to Its Rental Fleet. Vantage Yacht Club, the premier fractional club offering shared yacht ownership and creator of the Yacht Card, announced additions to its Fleet Membership and Non-Member rental fleets today with the delivery of four electric Duffy Boats. Vantage Yacht Club is proud to announce this first electric boat initiative in Chicago as it continues to lead the evolution of the yachting lifestyle
Growth in sales worldwide has prompted Fastmount Ltd, the New Zealand designer and manufacturer of the Fastmount removable panel mounting systems to strengthen its distribution team in Europe. Fastmount has selected marine industry specialists with a wealth of knowledge in both the OEM and refit sectors in the Netherlands, Belgium, Turkey, Finland and Sweden. They appointed Kroon B.V in the Netherlands and Belgium
A pair of custom STIDD Admiral High Back helm seats from leading ergonomic marine seating manufacturer STIDD Systems add comfort and style to the helm of Christensen Shipyards' newest launch, set to debut at the 2009 Fort Lauderdale International Boat Show, October 29 – November 2. The 160-foot Odessa is the first Christensen yacht to feature a black hull and silver painted superstructure. In addition to the standard STIDD ergonomic and adjustment features
Headhunter, specialists in plumbing and sanitation for the luxury yacht and commercial marine industries, has received eight certificates of approval for new models in its Tidal Wave HMX sewage treatment plants, the first to be approved according to the new, more stringent performance standard set by the United Nations International Maritime Organisation (IMO). The Environmental Protection Committee (MEPC) adopted the new resolution MEPC 159(55) in 2006
Italy is a region marine electronics and equipment manufacturer WESMAR has served with its roll fin stabilizers and its stainless steel counter rotating bow and stern thrusters for many years. Today, WESMAR announced a further expansion into the Italian market with the appointment of Yachtalia of Massa, Italy, as its newest international dealer. Yachtalia joins a network of hundreds of WESMAR dealers around the world
A containership is rerouting to assist three people aboard the battered yacht, Platino, 550 kilometers north of New Zealand, after a crewman was lost overboard and another died when hit by rigging yesterday morning. An RNZAF P3 Orion is already out searching again this morning for the man
The container ship Southern Lily sailing around 500km north of New Zealand were able to save two men and a womanfrom the battered yacht Platino. Five crew members were sailing the multi-million dollar yacht Platino from Auckland to Fiji on Monday when foul weather tore down
The Seawork Maritime Professional of the Year award celebrates exemplary individuals within the maritime sector. The Maritime Professional of the Year 2016 winner is John Haynes, managing director of U.K. company Shock Mitigation. Haynes was nominated by James Ellison, who said
The annual Shetland Race from Bergen will be at Lerwick from Thursday 23 to Saturday 25 June. 2016 marks the 30th annual race which started in 1987 – that first year with only one competitor actually making the trip but it still ranked as a qualifying race
A manufacturer of two-stroke engines has agreed to validation tests of an Alfa Laval hydraulic control oil (HCO) filter . The approval to test the final HCO filter design comes after concept testing on the crude oil tanker Stena Suède.
A complete turnkey solution for fuel transferring and pulling contaminants from tanks and bilges in boats, yachts and storage tanks The #9040PN Marine Fuel Tank Sweeper from Innovative Products of America (IPA) removes water, impurities and sludge from fuel tanks and bilges
A North Korean coast guard ship has detained a Russian yacht with a crew of five people on board, Russia's Foreign Ministry said on Saturday, adding it had sent a note to Pyongyang demanding explanation for the cause of the detention.
Overhead crane and hoist manufacturer Ace World Companies has made its first appearance at the Inland Marine Expo, which took place for the third time this May at America’s Center Convention Complex in St. Louis, Missouri, on the banks of the Mississippi River.
A yacht with no one on board has been discovered in the ocean in Port Stephens in the Hunter, prompting fears a person may have fallen overboard, as per a report in SMH. The eight-metre yacht was spotted on Tuesday night drifting off Samurai Beach in the Hunter region
Manufacturer of specialty lubricants Klüber Lubrication has introduced Klüberbio LG 39-701 N, an eco-compatible operating lubricant for open gear drives used in marine applications. Klüberbio LG 39-701 N is specifically designed for manufacturers and operators of open gear
The result of a five-year-long EU project, the world’s fastest Air Supported Vessel (ASV), fully powered by lithium-ion battery energy storage system (BESS), has been launched at Latitude Yachts in Riga, Latvia. The new first of its kind vessel BB Green operates at a speed of 30
Turkey is strategically located, straddling both Europe and Asia with substantial number of Black Sea and Mediterranean Sea ports, thus making maritime trade and shipping of great importance to the country’s economy. Its extensive coastline running for 8,483 km, (1
Afai Southern Shipyard (Panyu Guangzhou) Ltd. and CoCo Yachts B.V. announced that the second of the two new fast ferries, Hai Jing, was delivered to Zhuhai High Speed Ferry Company on April 22, 2016. During the sea trials a top speed of 38 knots at full load was measured.
Dubai plans to build a marina for luxury yachts in response to high demand as the emirate is targeting one million cruise passengers per year by 2020, said Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation.
A skipper and his crew have been rescued from a life raft after their yacht - The Miracle - caught fire off the coast of Shetland, Scotland. According to a BBC report, nine people have been rescued after a yacht caught fire off Shetland