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, 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 Continue reading “Sunseeker appoints Andrea Frabetti as new CEO”

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