Oyster is snapped up by Richard Hadida Yachting

Richard Hadida Yachting is confirmed as the new owners of Oyster
Richard Hadida Yachting is confirmed as the new owners of Oyster

UK software entrepreneur Richard Hadida has been confirmed as the new owner of Oyster. The deal – brokered by administrators KPMG – covers the assets and business of Oyster Marine Ltd and the assets of Oyster Marine Holdings Ltd, including its shareholdings in companies within the Oyster Group

The sale, to a new company, Richard Hadida Yachting, will secure the employment of the retained staff at Oyster’s Southampton and Wroxham sites.

Mr Hadida has sailed an Oyster yacht for several years and says he has fallen in love with the yachts themselves, the events and the Oyster Continue reading “Oyster is snapped up by Richard Hadida Yachting”

New Red Ensign Group Yacht Code set to launch in January 2019 is taking shape

Teamwork between members of the Red Ensign Group (REG) and the industry as a whole has led to the creation of a new yacht code. Since its rollout to the marine industry in November 2017 at the Global Superyacht Forum in Amsterdam, REG has taken into account all the expertise gained across almost two decades of regulating the large yacht sector since the first version was published by the Maritime & Coastguard Agency in 1997.

In its new format, the Code is made up of two parts with common annexes, for example, over-side working systems, sailing vessels and helicopter landing areas. It will keep the familiar format of the existing REG codes while being more dynamic to industry change and development.

Work has been carried out across the REG to get the new code ready for its launch and also within the industry. One consultation alone brought in more than 700 comments as part of that active discussion with those involved with large yachts.

Continue reading “New Red Ensign Group Yacht Code set to launch in January 2019 is taking shape”

Lifecord – a kill cord you will never forget – launched by Landau

Lifecord - a kill cord you will never forget - launched by Landau
Lifecord – a kill cord you will never forget – launched by Landau

Lifecord is a newly designed kill cord providing the certainty and reliability of a tethered connection between a boat’s engine ignition kill switch and pilot, ensuring the vessel’s engine stops should the pilot be inadvertently thrown from the helm. However, unlike the typical passive kill cords commonly seen, Lifecord is a ‘smart’ kill cord incorporating detection technology designed to trigger an audible and visual warning alarm should Lifecord be connected to the boat’s kill switch but not the pilot, similar to the seat belt warning in your car.

Lifecord’s uniquely designed Key and Clasp connector is comfortable to wear and can be operated easily even while wearing gloves. It also offers a secondary method of pilot connection using Continue reading “Lifecord – a kill cord you will never forget – launched by Landau”

LYBRA announces THE SUPERYACHT SHOW in Barcelona

The Superyacht Show in Barcelona
The Superyacht Show in Barcelona

The Large Yacht Brokers Association (LYBRA) has revealed plans for a new superyacht show with a “fresh, unique and appealing format”.

THE SUPERYACHT SHOW will take place from 2nd to 5th May 2018 at OneOcean Port Vell in Barcelona. According to organisers, it will offer buyers, charterers, brokers and representatives the opportunity to step aboard some of the finest superyachts in the world in an “exclusive and private setting”.

Traditionally, boat shows have had a strong business-to-business element Continue reading “LYBRA announces THE SUPERYACHT SHOW in Barcelona”

Meeting IIMS members is so rewarding

Delegates participating in the IIMS 5th biennial UAE branch conference
Delegates participating in the IIMS 5th biennial UAE branch conference

November. Now where did that go? Ah yes I remember – it vanished in something of a whirl. From one training event and seminar to another. Hugely rewarding for me personally though I have to say and I was delighted to meet so many members, both at the UK events and at the UAE Branch Conference over the course of the month. I have learnt a great deal, which for a highly non-technical person such as me is probably a dangerous thing! However, it occurred to me that if I did, then so did our members too. Certainly the positive feedback would suggest that to be the case.

We have just released dates for our tentative training programme for 2018 and the schedule is published elsewhere in this bulletin. In Continue reading “Meeting IIMS members is so rewarding”

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