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Yacht Manufacturers

Gulf Craft to Invest $100m in Dubai Shipyard

Photo courtesy of Drydocks World

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


Shipbuilders Awarded Training Funds

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 Announces Appointments to Management

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


STIDD Admiral Seats at the Helm of the Odessa

Image courtesy STIDD Systems, Inc.

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


Dockwise Sees Demand for Yacht Transport in South Pacific

Photo courtesy DYT

“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


Yacht Club Adds Electric Boats to Fleet

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


Xtreme Companies Acquires Challenger Offshore

Xtreme Companies, Inc. announced the acquisition of 100% of the outstanding shares of semi-custom boat manufacturer Marine Holdings, Inc. In exchange for $4.3 million in cash, Xtreme received the Challenger business and assets including its gross order backlog of $1.6 million, boat inventory, boat molds and real estate which includes Challenger's 65,000 square ft. boat manufacturing facility located on 12 acres in Washington, MO. The transaction was financed with


National Marine Suppliers Distributes Chafe-Pro

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


Fastmount Appoints Distributors

Fastmount&-Kroon,-Holland-2.jpg

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


WESMAR Adds Dealer in Italy

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


Gamma Builds Customized Yacht for Andrea Bocelli

Photo: Vripack

Gamma Yachts has built its most customized Gamma 20 so far, with smart design from Vripack, to opera singer Andrea Bocelli.   Gamma Yachts announced the delivery of 22.1-meter M/Y Libertas, the third in its Gamma 20 ‘mini’ super yacht series


Even 'Small' Vessels are Getting Bigger

141218 Shipowners Club_Development of tonnage infographic_logo_Dec 2014.jpg

The Shipowners’ Club is a mutual provider of P&I insurance that has throughout its 160 year history been dedicated to serving owners of small and specialist ships.  These vessels, active in a range of different operations, are at the lower end of the size spectrum and


US Obamacare Impacts the Global Marine Industry

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry, according to yacht insurance expert Eva Maria Karlsson of Superyacht Insurance Group (SYIG).


NMEA Updates Installation Standards

2014 edition of NMEA 0400, Version 4.00 features extensive updates and new information   The National Marine Electronics Association (NMEA) has published Edition 2014, Version 4.00 of the NMEA 0400 Installation Standard, which contains information on new technologies


Simrad Partners Key West Boats

Courtesy Simrad

  Simrad Yachting, announced today its partnership with Key West Boats, Inc. With a reputation for uncompromising attention to detail, particularly in construction and design, Key West has established a history of a worry-free experience for owners and unsurpassed resale value for


Australian PM Holding Talks on Sub Purchase

Australian Prime Minister Tony Abbott

  Australia is holding talks with a number of countries on a contract to build replacements for Australia's aging submarine fleet, Prime Minister Tony Abbott said on Sunday at the G20 leaders Summit in Brisbane. Japan has been seen as the front-runner to sell Australia as many as 12


New Tidal Wave Energy Device Completes Sea Trials

PLAT-O at sea.

In the continuing quest to harvest efficient, renewable energy from the power of the world’s tides, an organization called Sustainable Marine Energy’s announced that its PLAT-O tidal energy platform has successfully completed its first field trials.  


ClassNK Approves Niigata Dual-fuel Engine Design

Image: ClassNK

Classification society ClassNK has granted approval to the design of the new 28AHX-DF dual-fuel engine developed by Niigata Power Systems Co., Ltd. The new engine is slated to be used as the main engine on a new LNG-fuelled tugboat being built by Keihin Dock Co., Ltd. for NYK Line


Kadey-Krogen Yachts Celebrates 600th Yacht

Kadey-Krogen Yachts  building on success

  With new projects on the drawing board and the sales ticker counting higher, 2014 was bound to be a milestone year for Kadey-Krogen Yachts. Today the company is happy to announce their 600th new boat sale, a Krogen 44’ AE, to two new members of the Kadey-Krogen family of owners


Christmas Ship to Deliver 1,200 Trees

Photo courtesy of Chicagos Christmas Ship

Chicago’s Christmas Ship Committee, Coast Guard set for 15th anniversary of re-enactment, delivery of 1,200 Christmas trees for deserving families.   The Coast Guard Cutter Mackinaw, serving once again as this year’s “Christmas Ship” and loaded with more than 1


True Heading Bags Lockheed Martin Contract

AIS RX PRO special receiver

  True Heading, a leading manufacturer of Automatic Identification System (AIS) and telematics solutions, announced today they will fulfill a major order from the world’s largest defense contractor, Lockheed Martin. Building on a longstanding partnership


USCG Report Vessel Traffic Restriction on ICW

Intracoastal Waterway near Bal Harbor

  Vessel traffic on the Intracoastal Waterway near Bal Harbor, Florida is restricted following an incident involving a yacht and the Broad Causeway bridge. Due to the incident, only the bridge's west leaf is able to open.  Restrictions on vessel traffic limit movement of large


Triad, EMP Join Forces

Medaka Eco Solar Ferry

As part of its product rollout strategy Eco Marine Power (EMP) announced today that it has signed a support agreement with Theodosiou Bros Ltd (TRIAD Ltd) of Piraeus, Greece. This agreement between EMP and TRIAD Ltd will lead to the establishment of a technical support hub in Greece from


DYT Yacht Transport Carries M/V OCEARCH

DYT Yacht Transport’s 686’ flagship Yacht Express is shown here in Port Everglades, Fla., before heading Down Under with its cargo of precious yachts, including the 126-foot research vessel M/V OCEARCH (blue hull). (photo credit Tom Serio Photography).

The 126-foot research vessel M/V OCEARCH is currently making its way from Port Everglades, Florida to Brisbane, Australia on board DYT Yacht Transport’s semisubmersible ship 686’ flagship Yacht Express. The research vessel is the namesake of the nonprofit organization OCEARCH


Higgins Named CEO of Nichols Brothers Boat Builders

Gavin Higgins (Photo: NBBB)

Gavin Higgins has been appointed Chief Executive Officer of Ice Floe LLC dba Nichols Brothers Boat Builders (NBBB), the company announced today.   Effective immediately, Higgins replaces Matt Nichols, one of the company’s founders who has served as CEO of NBBB since February 2012






 
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