First Cox Diesel Outboards Bound for N. America
Cox Powertrain said Tuesday it is shipping its first CXO300 production diesel outboards bound for North America to a distributor in Florida for the U.S. market.Following the delivery of Cox Powertrain’s first production CXO300 outboards to Singapore-based distributor Sime Darby, Cox has dispatched its next shipment to North America, where Florida-based distributor Ring Power is awaiting the engines' imminent arrival ahead of its customer demo program.With the majority of CXO300 customers located in North America…
Cox Powertrain Ships Its First Diesel Outboards
Cox Powertrain's production line has been in full flow over the last few weeks with the company’s team of engineers working around the clock to meet their next big milestone. This week Cox watched the first ever production CXO300 diesel outboards come off the assembly line, ready to leave the factory to the company's global network of distributors.Cox’s distributors have been awaiting the delivery of their first CXO300 outboard engines so that they can begin their on-the-water customer demonstrations.
Dutch Sailors Served Well by Vesconite Stern Bearings
Dutch-born world travelers Adri and Sytske Broekhuizen installed a Vesconite stern bearing in their 43 ft. aluminium sailing yacht, from the designer Koopmans in Lelystad, when they were docked in Singapore in 2008.“We chose Vesconite because we found a machine shop in Singapore that could make the bearing,” says Adri, of the polymer bearings, which are suitable for the submerged and corrosive conditions of the marine industry and have internal lubricants that allow for prolonged life where the set-ting is characterized by irregular greasing schedules…
Sperry Marine Delivers Superyacht Solution
Northrop Grumman Sperry Marine service engineers are used to responding to urgent demands for repairs, maintenance and system upgrades. When the crew of 46m superyacht Forwin had no one else to call, they asked the Sperry Marine service team to fix a problem that they didn’t even know they had.Built in Italy and originally operated in the Mediterranean Forwin was en route from its new home port in Hong Kong to the Maldives when the steering system malfunctioned, forcing the boat…
Hong Kong Yachting Festival in the Works
The Hong Kong Cruise and Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Verventia Pte Ltd to help develop, organize and operate an annual Yachting Festival in Hong Kong under the auspices of the International Cruise & Yachting Festival – International Cruise & Yachting Festival (Hong Kong) (ICYFHK).The MOU was signed between Ms Kara Yeung, Executive Director, HKCYIA, and Mr Andy Treadwell CEO, Verventia, at the Asia Pacific Superyacht Conference (APSC) in Singapore on April 11, 2019.
Linie Aquavit: Documenting a 4-Month Journey
Marlink’s Sealink VSAT recently proved integral to a unique ‘slow TV’ experiment spanning four months and two equatorial crossings.Arcus is the world’s largest producer of Linie Aquavit, a Norwegian beverage dating back to the early 19th century that derives its name from a tradition whereby oak barrels of Aquavit are transported on boats from Norway to Australia and back again, thereby crossing the equator (‘linje’ in Norwegian) twice before being bottled.Aquavit’s makers have always maintained that the incessant motion…
Seized Superyacht Linked to 1MDB Probe Arrives in Malaysia
A $250 million superyacht, impounded as part of a hunt for assets linked to the multi-billion dollar investigation into 1Malaysia Development Bhd, arrived at a port in Malaysia on Tuesday about six months after it was seized.The Cayman Islands-flagged Equanimity was first seized in the Indonesian holiday venue of Bali in February at the request of U.S. authorities investigating 1MDB.The Malaysian state fund is at the center of money-laundering probes in at least six countries, including the United States, Switzerland and Singapore.
Oil Tanker Tows Disabled Sailboat to Safety
A Singapore flagged oil tanker came to the rescue of four French sailors whose sailboat became disabled by broken sails and engine failure approximately 225 miles east of Cape May, N.J. on Thursday, June 7.U.S. Coast Guard rescue authorities received a notification from French rescue personnel that the 43-foot sailboat Simbad had a disabled engine and broken sails and required assistance. The four sailors reported two were in good health, one sailor had broken ribs and the last…
Containership Tows Disabled Sailboat to Safety
The Amver participating containership CMA CGM Brazil towed a 46-foot sailboat with two sailors aboard to safety in St. Marten after the sailboat reported they were taking on water and disabled approximately 315 miles east north east of San Juan, Puerto Rico on Thursday, May 24, 2018.U.S. Coast Guard rescue authorities in San Juan were notified by two sailors who's boat was taking on water through the rudder shaft. While they were able to keep up with the flooding with pumps, they…
New Onboard Hull Cleaning Solution Launched
HullWiper Ltd’s eco-friendly hull cleaning technology is now available as a flexible onboard solution that allows all types of vessels to clean hull fouling on demand.The onboard version of the diver- and brush-free remotely operated vehicle (ROV) gives vessels on a tight schedule the means to perform a partial or full hull clean on a planned rotation, as and when needed. Cruise ships and super yachts can clean at every stop without interruption to their timetables or inconvenience to passengers.The onboard solution…
Aquila Power Catamarans Wins Two International Awards
Aquila Power Catamarans has announced that they have received two prestigious international awards, the “Best Multihull Motor Yacht (up to 50-feet)” at the 2018 Asian Boating Awards for the Aquila 44 as well as the Multihull of the Year award in the Power Multihulls category by Multihulls World for the Aquila 36.Created by Asia-Pacific Boating and China Boating magazines in 2005, the annual Asia Boating Awards are the most renowned yachting awards in Asia. Presented during a lavish ceremony, the awards serve as a benchmark for the industry in the Asia-Pacific region.
SBIA to Host Asia Boating Dialogue at Singapore Yacht Show
The Singapore Boating Industry Association (SBIA) is organizing a roundtable meeting with key Asian boating industry and public-sector representatives during the Singapore Yacht Show. This event, titled the Asia Boating Dialogue, is strictly invitation-only and will be held on April 12, 2018, from 0900 – 1400 (includes networking lunch). The objective of the Asia Boating Dialogue is to gather Asian boating-interest groups together for an intimate discourse on regional boating and discuss what is needed in terms of a regional agenda to encourage boating development.
Luxury Yacht Seized in Money Laundering Probe
Indonesian police on Thursday questioned the captain and crew of a luxury yacht in Bali at the request of U.S. authorities, probing alleged money laundering at a Malaysian state fund, they said. The yacht was impounded in Bali on Wednesday amid a multi-billion dollar corruption investigation launched by the U.S. Department of Justice (DOJ) and tied to Malaysian state fund 1Malaysia Development Berhad (1MDB). Police seized the yacht, Equanimity, after receiving a letter on Feb. 21 from the U.S.
How Much is That Superyacht Worth?
Sam Tucker Will Tell You! There’s a new name in Superyacht valuation, and the name is VesselsValue.com. Last month we spoke with VesselsValue.com’s Sam Tucker for insights on its new Superyachts report. Many of our readers know VessselsValue, but for those who do not, please provide a brief description of the organization and its offering. Launched in 2011 by Richard Rivlin, a ship broker with 40 years of buying and selling experience, VesselsValue provides daily and automated Market…
Asia Pacific Leads in Global Yacht Charter Market
Transparency Market Research (TMR) forecasts the global market for yacht charter to register a 7.2% CAGR during the period between 2017 and 2025 to attain a value of $14.987 bn by 2025 from $8.123 bn in 2016. Volume-wise, it predicts the market to grow to 7,684 units from 6,054 units in 2016 by clocking a healthy 7.2% CAGR. Reporting on the TMR report, titled, “Yachts Charter Market”, Scott Walker, co-founder of Asia Pacific Superyachts and director of Asia Pacific Superyachts Singapore…
New Grand Banks Motor Yacht Completes Sea Trials
Caterpillar Marine has announced the successful sea trial of the Grand Banks Yachts, Ltd. GB60-03 which is powered by a pair of Cat C12.9 supercharged and turbocharged diesel engines. GB60-03 has a length of 65' (19.9m), a beam of 19' (5.85m) and a draft of 4' (1.4m). During the successful sea trial, GB60-03 achieved a top speed of 33 knots. The common rail C12.9’s installed in GB60-03 are capable of delivering 1000mhp@2300rpm while meeting EPA Tier 3, IMO II, EU Stage IIIA and RCD emission requirements.
First Call of AIDAbella in China’s Megacity
Early on the morning of April 2, 2017, AIDAbella was the first ship of the AIDA fleet to sail past Shanghai’s famous skyline, before the ship docked at the International Cruise Terminal at around 6.30 a.m. AIDAbella will remain from April 2 to 4, 2017, in this imposing metropolis in which AIDA is performing its turn-around operations for the first time. Around 4,000 guests will thus be able to experience Shanghai on exciting excursions, shopping, or while undertaking a vast array of leisure activities. Having come from Thailand, on April 4 at 8:00 p.m.
Mercury Marine Ties-up with Supratechnic
Mercury Marine that it has entered in to an exclusive distribution agreement with Supratechnic Pte Ltd, one of the largest marine distributors in Asia, based out of Singapore. This partnership will allow Mercury to expand and build a regional distribution channel in Southeast Asia that will include all of Malaysia, Indonesia, Singapore and Brunei. "This new relationship will allow Mercury to further penetrate the commercial market in Asia, giving us the opportunity to grow both in product range and territorial expansion," said John Pfeifer, Mercury Marine president.
Opportunities In Euro Market Lure Aussie Boaties
Local boaties are turning to the European market for pre-owned multi-million dollar luxury vessels because of a shortfall in quality high-end stock in Australia, according to a leading marine broker. Ray White Marine CEO Rick Rodwell said Australia’s shortage of late model luxury motor yachts with low hours had come about because of the GFC. “People weren’t buying new boats during and post the GFC, so several years down the track we are feeling the effect of that protracted lull in sales,” he said.