Bankrupt Moonen Yachts acquired by Australian couple

Matthew and Louise Baxter - new owners of Moonen Yachts
Matthew and Louise Baxter – new owners of Moonen Yachts

Dutch superyacht builder Moonen Yachts is under new ownership. An Australian couple, Matthew and Louise Baxter are the new owners of the shipyard. Matthew, of Scottish origin, is a successful Australian businessman and entrepreneur, who in 1972 established the A M Group, a privately owned worldwide group of manufacturing companies of which he is executive chairman.
Louise and Matthew first discovered Moonen Yachts whilst sailing on Pittwater harbour in Sydney where they came across the Moonen yacht, Aurora (Moonen 84). This lead to their involvement with Moonen, a midsized Dutch pedigree shipyard with a dedicated and highly skilled team.

In Matthew’s words, “It is a privilege to own a yard like Moonen. The brand has an impeccable pedigree, the yachts are true Dutch quality and the team is young, reliable, talented, and very loyal to the company. These characteristics are fundamental for success. I realise that the yard has to re-energise, but we are well Continue reading “Bankrupt Moonen Yachts acquired by Australian couple”

Mani Frers unveils 46m trimaran superyacht concept

Mani Frers has released images of its futuristic new superyacht project
Mani Frers has released images of its futuristic new superyacht project

The styling of the next generation of superyachts is changing, well it is if Mani Frers has anything to do with it! The Italian yacht designer has unveiled its 46.7-metre (153-foot) trimaran superyacht concept ahead of its build at the McConaghy shipyard.

Work is well underway on the superyacht project, which is listed for sale with Camper and Nicholsons, as its pre-engineering, interior design and tank testing is already complete.

The yacht’s key features will comprise vast exterior space allowing for al fresco living, with a full 11.25-metre beam aft deck, including a Continue reading “Mani Frers unveils 46m trimaran superyacht concept”

The Boat Works set to welcome superyachts to its new facility in Queensland

The Boat Works
The Boat Works

Australian shipyard and marina facility The Boat Works has expanded, doubling in size to 54 acres (218,530 square metres). The yard will welcome the first superyachts to its new facility later on this year.

It is anticipated that the new superyacht yard, with private investment of over $100m, will generate thousands of jobs in the marine and service industries.

Tony Longhurst, The Boat Works owner, commented, “We are committed to maintaining the health of our waterways, to operating sustainably and with minimal impact on the environment.

“The innovations we have implemented throughout the existing facility and Continue reading “The Boat Works set to welcome superyachts to its new facility in Queensland”

Moonen Yachts, Dutch superyacht builder, declared bankrupt

Dutch superyacht builder Moonen Yachts declared bankrupt
Dutch superyacht builder Moonen Yachts declared bankrupt

A Dutch court has declared the yacht builder Moonen Yachts bankrupt, according to multiple reports. The decision has been made just two weeks after Moonen had announced they had been about to close a deal with a new investor.

Despite the bankruptcy procedure, the builder will continue negotiations with the potential investor. Furthermore, the new potential stakeholder of the yard can even benefit from the bankruptcy, as they will be relieved of the responsibility Continue reading “Moonen Yachts, Dutch superyacht builder, declared bankrupt”

Superyacht leaders vow to reduce industry’s carbon footprint

Superyacht leaders vow to reduce industry's carbon footprint
Superyacht leaders vow to reduce industry’s carbon footprint

Some of the biggest names in the superyacht industry have vowed to reduce their carbon footprint in support of the non-profit organisation, Water Revolution Foundation.

So far Benetti, Feadship, Heesen, Lürssen, Abeking & Rasmussen, Alexseal, Amels and Damen, MB92 and Rybovich have signed up to help reduce the carbon footprint of the superyacht industry.

The arrangement means the yachting companies have made a promise to reduce their greenhouse gas emissions. They will also make Continue reading “Superyacht leaders vow to reduce industry’s carbon footprint”

Sunseeker appoints Andrea Frabetti as new CEO

Andrea Frabetti has taken over as Sunseeker International CEO following the resignation of Christian Marti.

Andrea Frabetti, formerly chief technical officer at Sunseeker, will work with chief financial officer Mike McMillan and chief operations officer Michael Straughan to form a new strategic committee focusing on developing a strategic framework for the business.

The committee will continue to work with the current executive management team of Adrian Powell, Sean Robertson, Barbara Baker (as interim HR director) and Sian Dodds on return from maternity leave, to formalise a more ‘product-facing organisation structure and a robust global distribution network’. Continue reading “Sunseeker appoints Andrea Frabetti as new CEO”

Debut London Yacht Show postponed until 2020

"Following extensive consultation with key stakeholders, we therefore believe it is in everyone’s interest to postpone the show until next year".
“Following extensive consultation with key stakeholders, we therefore believe it is in everyone’s interest to postpone the show until next year”.

Informa worked in partnership with St Katharine Docks and British Marine to organise the event, which was due to take place from 8th to 12th May in Central London.

According to Informa, postponing the event was crucial to guarantee that the yacht show meets the high standards expected of the event and to ensure it gains maximum involvement from the yachting industry’s numerous stakeholders.

Previously known as the London On Water Boat Show, the yachting event endured a complete rebrand in December 2018 to focus on the high-end of the marine and luxury goods market.

Andrew Williams, president of Informa’s Maritime Group, commented, “Since an initial burst of interest in the London Yacht Show, take-up has slowed from some segments of the industry and from luxury brands.

Continue reading “Debut London Yacht Show postponed until 2020”

Recontruction of classic 1954 superyacht Istros being undertaken by Feadship

Istros is due to be relaunched in mid-2020.
Istros is due to be relaunched in mid-2020.

Dutch shipyard Feadship is set to completely rebuild 42-metre (138-foot) classic motoryacht Istros. Built in 1954 by Amsterdam yard De Vries Lentsch and previously regarded as one of the largest superyachts to be built in the Netherlands, the yacht is now undergoing a total refit at Feadship’s facility.

Istros, meaning ‘inspiration’, featured an advanced radar system and on-board telephone, which was a rarity at the time.

H2 Yacht Design and Laurent Giles Naval Architects made a first attempt to restore the yacht in 2013, but the project was rejected due to lack of funding.

Under new ownership, the current rebuild project began last year with the removal of the superstructure and reconditioning of the hull at a shipyard in Malta. The yacht has since arrived back in the Netherlands.

Continue reading “Recontruction of classic 1954 superyacht Istros being undertaken by Feadship”

Mataró Marina Barcelona hosts the first Refit Conference

Mataró Marina Barcelona has hosted its 1st Refit Conference under the organisation of the Barcelona Clúster Nàutic, Daevi and Varador 2000.

The event, directed towards professionals involved with the maintenance and repair of boats, has strengthened training and networking in this sector. It has also facilitated a dialogue between business and administration, as the event was attended by the manager of Ports de Catalunya, Joan Pere Gómez.

David Bote, mayor of Mataró, introduced the conference before the ‘Present and Future of the Refit Sector in Catalonia’ meeting commenced, involving Toni Tió, president of Barcelona Clúster Nàutic, along with the representative of Ports and the CEO of Varador 2000, Xiqui Mas.

Continue reading “Mataró Marina Barcelona hosts the first Refit Conference”

Oceanco’s Bravo Eugenia receives new Yacht Club of Monaco award

Bravo Eugenia, Oceanco’s first LIFE-designed yacht, developed in collaboration with Lateral Naval Architects.
Bravo Eugenia, Oceanco’s first LIFE-designed yacht, developed in collaboration with Lateral Naval Architects.

Oceanco’s recently delivered 109-meter motoryacht, Bravo Eugenia, won the accolade in the category Technology and Innovation at the Yacht Club of Monaco’s awards.

This newly conceived award is based on the Yacht Club of Monaco’s fundamental values and criteria, which include Naval Etiquette, Preservation of the Ocean and its biodiversity, and Technological Innovation.

Bravo Eugenia, Oceanco’s first LIFE-designed yacht, developed in collaboration with Lateral Naval Architects, is characterised by its Lengthened waterline, Innovative layout, Fuel-efficient hull design and integration of Ecologically conscious technologies.

The LIFE Design not only adds a slender elegance to the yacht, but also leads to a reduction in the overall demand for propulsion power. As a result, the engine room is condensed to a single tier – a rarity in large yachts. This affords additional room for lifestyle areas – particularly on the lower deck, where space is usually restricted.

Continue reading “Oceanco’s Bravo Eugenia receives new Yacht Club of Monaco award”

Wärtsilä moves towards remote guidance for vessel repair and maintenance

Wärtsilä’s remote guidance service also proved successful during a demonstration in the TT-Lines office
Wärtsilä’s remote guidance service also proved successful during a demonstration in the TT-Lines office

Wärtsilä has successfully tested its remote guidance service, so claiming to have created ‘an entirely new dimension in vessel repair and maintenance operations’.

Through real-time communication using voice-controlled Augmented Reality (AR) wearables and remote guidance software, ship crew members, field service engineers and shipyard personnel can communicate with shore-based experts anywhere in the world.

The tests were carried out onboard the Huckleberry Finn, a RoRo ferry operated by TT-Lines, while sailing between Trelleborg, Sweden and Travemünde, Germany.

Simulated remote guidance service situations were carried out on the ship’s navigation equipment on the bridge and on the shaft line seals and bearings in the engine room.

Continue reading “Wärtsilä moves towards remote guidance for vessel repair and maintenance”

New commercial shipyard facility opened by Fairline at Hythe

Altogether it is hoped 65 boats will be built at both sites in 2019, with the core range from 40 – 60ft built in Arundel and the larger boats built in Hythe.
Altogether it is hoped 65 boats will be built at both sites in 2019, with the core range from 40 – 60ft built in Arundel and the larger boats built in Hythe.

Fairline Yachts has opened a new commercial shipyard facility in Hythe, Southampton.

The shipyard is able to accommodate vessels of up to 950 tonnes and 11.5m beam, which can be removed from the water via the slipway and stored undercover.

The site has more than 10,000sqm of covered working halls with workspace for crew or contractors to carry out required works.

“Opening this new facility is an exciting step for Fairline Yachts,” said Fairline Yachts commercial manager, Robert Hammond.

The shipyard is also capable of berthing vessels from 10m to 100m.

The move follows on from Fairline CEO David Tydemann admitting boatbuilding has been slower than desired at Hythe, largely due to problems recruiting the workforce resulting in a production challenge.

Continue reading “New commercial shipyard facility opened by Fairline at Hythe”

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