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
The German Fair Trade Commission has approved the acquisition of Hamburg shipyard Blohm+Voss GmbH by the Bremen-based, family-owned company Luerssen Maritime Beteiligungen GmbH & Co. KG, a specialty designer, manufacturer and repairer of yachts over 60 meters and military ships.
The Ulstein Group has secured an order to build its first vessel within the yacht segment: Ulstein Verft has signed a contract to build a yacht for a private owner, one of the world’s biggest ship owners. "The customer wants the characteristic X-BOW from ULSTEIN
A yacht and a commercial fishing vessel collided Tuesday about 10 miles east of Block Island, Rhode Island. No injuries have been reported. The 40-foot lobster boat, Squeeze Play, manned by a two-man crew, was struck by the yacht Lucia, which had four people aboard
Genting Cruises has confirmed its build program for the MV WERFTEN shipyard group following the launch of the first Asian luxury cruise ship, Genting Dream, in Singapore, Hong Kong and Guangzhou, China. Executive Chairman, Tan Sri Lim Kok Thay
Sparkman & Stephens (S&S), the naval architecture and brokerage firm founded by Olin Stephens and Drake Sparkman in 1929, announced that it was acquired by a group of private investors led by Brooke S. Parish and John B. Reuter. The transaction enables S&S to implement expansion
The Company: Jagco Industries is a manufacturer of Flexible metal hose assemblies for automotive, Inland Marine, industrial, trucking & Rail. It also manufactures “UNI-FLEX” exhaust couplers for cars & trucks. More familiar to workboat clients
Ratification of the International Maritime Organization’s (IMO) Ballast Water Management (BWM) convention has been welcomed by stakeholders throughout the maritime industry, including CMR Group, which said it sees the move as a boost for system and equipment manufacturers.
Family owned and Bremen based shipyard, Luerssen acquired storied shipyard Blohm+Voss in Hamburg, the company announced on Wednesday, September 28, 2016. With the acquisition of Blohm+Voss, Luerssen said it is entering into a long-term relationship to strengthen its portfolio in the
German shipyard MV WERFTEN has awarded ALMACO Group a contract to build the luxury suites and galley areas for Crystal River Cruises’ four Rhine Class luxury river yachts, which will be delivered in 2017 and 2018 from Wismar.
Feadship has marked the 10th anniversary of the Feadship Future Concept with a new "blueprint for inspiration." Unveiled at the Monaco Yacht Show using a yacht model and an augmented reality experience, the 2016 FFC Choice offers a wealth of opportunities for autonomous living
Following the U.K. Maritime & Coastguard Agency’s more than two-year-long investigation into the circumstances surrounding the fatal loss of the yacht Cheeki Rafiki in May 2014, the Crown Prosecution Service (CPS) has decided to bring charges against Douglas Innes and Stormforce Coaching
As Britain sets sail in uncharted waters on the lookout for post-Brexit trade deals, lawmakers and a former diplomat have earmarked two key weapons: the Duchess of Cambridge and a new royal yacht. Following the vote in June for Britain to leave the European Union
In early October, cargo vessel MV Rickmers Dalian made a stop-over at the anchorage off Lavrion in Greece to load a mega yacht for shipment to Dubai, where she was discharged on October 19. The shipment of the 50-meter-long, 340-metric-ton yacht was coordinated and booked by
Marine generator sets manufacturer Northern Lights, Inc. (NLI) has formed a partnership with exhaust after-treatment equipment manufacturer HUG Engineering to provide complete IMO III certified clean air power generation solutions. The new partnership will allow customers to purchase
“Ottantacinque”, the concept of the latest-generation luxury mega yacht developed in partnership between Fincantieri Yachts and Pininfarina, introduced last year at the Monaco Yacht Show, won the prestigious annual award of the German Design Council in the category