China Merchants Industry Holdings

Ocean Ark, a new-concept offshore fish-farming system recently received an AIP from RINA. Image courtesy Ocean Ark Tech of Chile/RINA

Tech File: OATECH Fish-Farming "Superyacht" Earns RINA AIP

A fish-farming superyacht developed by Ocean Ark Tech of Chile (OATECH) and its strategic ally, London-based Ocean Sovereign, is one step closer to delivering fish to market after winning a key approval from marine classification society, RINA.Registro Italiano Navale (RINA) announced the Approval in Principle (AiP) of the new-concept offshore fish-farming system, Ocean Ark. The vessel delivers a new approach to aquaculture and looks set to disrupt by dramatically improving fish health…

Photo: HKCYIA

​HKCYIA & Voyager: Superyacht Services in HK

The Hong Kong Cruise and Yacht Industry Association (HKCYIA) signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd to support its risk and insurance management services for superyachts, with full scale professional solutions that are expected to promote its upcoming initiatives in the development of the yacht and tourism industries in the Greater Bay Area.The move was made in view of the rapid development of the global yacht industry and the surging demand for superyacht management services in Hong Kong.The MOU signing ceremony…

Kara Yeung, Executive Director of HKCYIA (Third Left) & management of Euroasia Dockyards, Jason Wong, Senior Manager, Business Department of China Merchants Container Services  (Fourth Right) at Ceremony. Photo: HKCYIA

New Hong Kong Superyacht Center

There's a new home for Superyacht care in Hong Kong, as China pins its hopes on a strong and growing maritime industry.Hong Kong Cruise and Yacht Industry Association (HKCYIA) has reached a partnership agreement with the China Merchants Industry Holdings Co. Ltd. for the establishment of the Hong Kong’s first Superyacht Management Services Center in Tsing Yi. Located at the Yiu Lian and Euroasia Dockyards, the center will provide supporting services for superyachts of over 45 meters…

Expedition Cruising: Full Speed Ahead in China

Talk of trade wars and politics aside, attention should be paid to a growing relationship between U.S.-based SunStone Ships, Inc. and Chinese shipyard China Merchants Heavy Industries in Haimen, China, as the pair is quietly growing a cruise shipbuilding business in China. Sunstone announced that on June 12, 2018, the keel was laid for the first Infinity Class vessel Greg Mortimer, the first in a series that could eventually total 10 high-spec expedition cruise vessels.Greg Mortimer…