Azimut Benetti Group, a 60 million euro financing forthcoming
Supporting the excellence of Made in Italy in the world. Cassa Depositi e Prestiti, MPS Capital Services, and UBI Banca signed a loan of 60 million euros to grow the Azimut Benetti Group. The operation is assisted by SACE’s Garanzia Italia program and is intended to support the further... Read more
BWA Yachting launches Berkeley Rand
With a growing number of yacht owners keen to venture into unchartered territory, BWA Yachting has launched Berkeley Rand to design and engineer off-grid expeditions. Berkeley Rand’s Expedition Control Centre in London’s Mayfair assists yacht owners who want to explore unchartered territory across the globe. From remote Polar Regions... Read more
Palumbo Superyachts Refit Marseille: renewed concession for 21 years
Palumbo Superyachts Marseille won the call for tenders launched by GPMM in February 2019 to renew the concession for a further 21 years of the entire French yard in Boulevard des bassins de Radoub Formes 3 & 6 in the petit forme sector, already granted to Palumbo yards in... Read more
Johnson Yachts, the latest updates from the shipyard
Taiwanese shipyard Johnson Yachts celebrated its 30th anniversary last year. This year, despite the slowdown due to the crisis, the luxury yacht builder is delivering a new Johnson 80 and two other models (a 70 and a 115 footer) are under construction (opening, Johnson 115) The new Johnson 80... Read more
Nanni selected for the motorization of the new French patrol boats
The Socarenam shipyard, manufacturer of the new generation of patrol boats of the French Gendarmerie VCSM “vedettes côtières de surveillance maritime”, has chosen the MAN V12 D2862 (1,900 hp) engines, represented and sold by Nanni. There are three new VCSM units, with an option for a fourth, ordered by... Read more
Sunseeker reorganizes, here is how the Executive Team changes
Sunseeker International announces changes in its Executive Management Team. Andrea Frabetti will continue to serve as CEO. (Opening picture: Predator 60 EVO) Andrea Frabetti will continue to hold the role of CEO, leading the executive team with his extensive experience in the marine industry, acquired in over 30 years... Read more
Volvo appointed Helene Mellquist as President of Volvo Penta Unit
Heléne Mellquist has today been appointed as President Volvo Penta and new member of Volvo Group Management. She will replace Björn Ingemanson. Heléne Mellquist, born in 1964, currently holds the position as President for the European Division at Volvo Trucks. Her career at the Volvo Group began in 1988... Read more
YYachts, two Y7s and a Tripp-90 in construction
YYachts shipyard, overlooking the Baltic Sea, is currently in full operation. Alongside the Tripp-90 project of the Custom Division, Y7’s constructions number 10 and 11 are located in the outfitting department. Hull number 10 will leave the yard this summer. The German yard recently presented Celeste: this latest delivery... Read more
Azimut Benetti: Marco Valle is the new CEO of the group
The Vitelli family and the Board of Directors of Azimut Benetti SpA have announced the appointment of Marco Valle as the Group’s new CEO. As of September 1, engineer Franco Fusignani will leave responsibility for the Benetti division at the age of 75 and will continue to be part... Read more
Perini Navi, the restructuring of debts can be done
The purpose of the actions taken by Perini Navi Board of Directors may preserve the company’s activity and history. Perini Navi S.p.A. Board of Directors has decided to undertake a process aimed at restructuring the Company’s debt, hopefully by means of an agreement pursuant to article 182 bis l.f., in... Read more