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
Engine manufacturer Perkins hires Andrew Goldspink to succeed retiring general manager Steve Phillips. After 30 years at engine manufacturer Perkins, Steve Phillips has elected to retire from his role as General Manager of the company’s marine facility in Wimborne
Reliable and robust methods of positioning are required for safe vessel operations at offshore installations. The development of dynamic positioning (DP) systems has been gradual over the past 50 years and today, various manufacturers’ systems are available around the world
Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr Faust Pinto Jr and Ms Fereshte D Sethna, to serve the growing yacht owning community in the Indian
Dimension-Polyant, part of the DEUTSCHE YACHTEN working group, has developed a longer-lasting but lighter surface laminate for the discerning owner and skipper, one which can also be used on super yachts. Lite Skin protects the internal grid structure of carbon sails of all sizes with
JRC to sell Intellian satellite communications products through its sales network within the Japanese market Intellian, a leader in maritime satellite communication antenna technology, and JRC, a world leading marine electronics manufacturer specialising in commercial navigation and
A three-part consortium from the UK, USA and Sri Lanka, triangulated expertise to develop a new product for measuring tension on lines recently launched by Straightpoint, the Running Line Dynamometer (or TIMH), part of the manufacturer’s tension in motion range.
The builder of luxury yachts Grand Banks Yachts swung to a net profit of $1.2 million for the first quarter ended Sept 30 compared to a net loss of $1.3 million for the year-ago period. Following restructuring efforts after a major acquisition, gross profit margin increased to 24
Mobil SHC Aware H 46 and Mobil SHC Aware H 68, part of ExxonMobil Marine Fuels and Lubricants’ range of Environmentally Acceptable Lubricants (EAL), have received approval from Fincantieri Marine System Division, the marine equipment manufacturer of the Italian shipbuilder Fincantieri.
A yacht race from Hong Kong to Daya Bay in the Mainland will take place on 30 October 2015 (Friday). About 60 yachts are expected to participate in the race. The race will start in the vicinity of Steep Island, Sai Kung at 1000 hours on 30 October 2015.
The Coast Guard rescued a 59-year-old man Saturday from a yacht taking on water in Masonboro Inlet. A 29-foot Response Boat-Small (RBS) crew from Station Wrightsville Beach received a mayday call at 9:37 a.m. while on patrol. The 60-foot yacht Somewhere in Time was taking on water with one
The results of two DNV GL led joint industry projects (JIPs) and a JIP pre-study commissioned by Statoil are now captured in a new Recommended Practice (RP) on offshore fiber ropes. With a system perspective on mooring performance, DNVGL-RP-E305 provides new industry guidance for achieving cost
CMA CGM has teamed up with French wooden toy manufacturer VILAC to launch a wooden toy containership for children. The toy will be branded with both CMA CGM and VILAC containers. It was designed by CMA CGM and will be sold by VILAC.
Lumishore USA, pre-eminent manufacturer of underwater lights, announced today that their product line is available and supported in North America by master distributor IMTRA, the leading manufacturer and importer of quality marine products. IMTRA joins SeaWide Distribution as the sole distributors
Triton Submarines LLC, America’s leading builder of personal submersibles designed for yacht deployment, provided details of its new Triton 1650/3 LP (Low Profile) submersible model at a press conference at the Fort Lauderdale International Boat Show today
DESMI Ocean Guard A/S to supply ballast water treatment systems to a series of new container vessels to be built at COSCO Zhoushan shipyard in China, for Danish shipper Maersk Line. DESMI Ocean Guard announced that its RayClean ballast water treatment system (BWTS) has been selected for