Real Estate

Americas Cup Innovation & a Carbon-Free Shipping Future

The Golden Gate Yacht Club (GGYC) represented by BMW Oracle Racing and the Société Nautique de Genève (SNG), the Americas Cup defending champion, represented by Team Alinghi were entwined in a 2.5-year legal battle over multiple court cases, including hearings in the New York Supreme Court and the Appellate Division of the New York Supreme Court, prior to the 33rd edition of the race, due to take place in 2010.The parties disagreed about the location, format, and restrictions on boat design, all of which were changed by the courts prior to the race.

Bradford Marine Acquires Roscioli Yachting Center

South Florida full-service marina and yacht repair facility Bradford Marine announced the acquisition of Roscioli Yachting Center from OneWater Marine Inc. Bradford acquired all the real estate and service operations at Roscioli on October 1, 2023. As part of the transaction, Bradford and OneWater have entered a lease arrangement for OneWater’s sales organization to remain on the property, and for Bradford to provide support for the OneWater Yacht Group and Sunseeker brands.“This marks an incredibly important milestone for our growth as we bring together two esteemed full-service marinas…

Satcom: Intellian Expands XEO Series

Intellian expanded its XEO Series, a Ku/Ka electronically switching dual-band multi-orbit VSAT antennas, with the addition of the X100D and X150D. The XEO Series were first unveiled in March 2022 at the Satellite Show, leading to Intellian’s design of the X100D, available later this month, and the X150D, launching in early Q3 2023.According to the company, the XEO Series are the world’s first commercially available Ka/Ku-band through a single feed, electronically switchable, multi-orbit antennas, making them ideal for customers requiring high-bandwidth, availability and maximum agility.

Ukraine's Zelenskiy Urges Italy to Seize Yacht Believed to Belong to Putin

Ukrainian President Volodymyr Zelenskiy urged Italy on Tuesday to seize a mystery yacht worth some $700 million that has been linked to Russian President Vladimir Putin.In an address to the Italian parliament, Zelenskiy said Putin and his wealthy backers often went to Italy on holiday and should have all their assets frozen to put pressure on them to end the invasion of Ukraine."Don't be a resort for murderers. Block all their real estate, accounts and yachts - from the Scheherazade to the smallest ones," he said, referring to a superyacht that is moored in the Italian port of Marina di Carrara.The sleek…

Meet SHADOWLARK: The $10M Personal Vessel Plus Submarine Package

SHADOWCAT and Triton Submarines have collaborated to develop and introduce a new Launch and Recovery Craft (LARC) dubbed SHADOWLARK. Designed by Incat Crowther, SHADOWLARK is a package priced under $10m for delivery in less than 14 months, a package that includes a 24-m LARC designed to carry a Triton 3300/3 MKII submersible, a submersible designed to comfortably seats three people (pilot and two guests) and dive to depths as great as 1,000m (3,300 ft.) for up to 12 hours.“The submersible market targeting yachting was essentially created by Triton.

Simrad's New Pro Instrument Series

Announcing the Simrad I3005 and I3007 Professional Instrument Series. Offering easy touch control, the new 5-inch and 7-inch displays deliver a variety of attractive analog-style gauges and configurable digital data display layouts, as well as the ability to enable up to eight different functions simultaneously.Simrad I3005 and I3007 are IMO approved as a rudder angle indicator, heading repeater, rate-of-turn indicator (I3007 only), propeller pitch indicator and propeller revolution indicator…

'Sea the World' Reveal At Huizenga Center

South Florida’s marine industry is a $12 billion/year economic engine that provides the region with 142,000 careers and jobs. With an aging workforce and a unique skill set, the maritime community is facing a workforce that’s aging out with skilled labor being very hard to find. To assist, Advanced Mechanical Enterprises/AMESOLUTIONS.COM, and 23 marine industry companies have joined forces with Junior Achievement of South Florida.On May 1, 2019, Junior Achievement of South Florida will unveil the Marine Industry Storefront…

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.

Boat Yard Marina Del Ray Adds New Hoist

Marine Travelift recently delivered a 100 BFMII (100 metric ton lifting capacity) mobile boat hoist to the Boat Yard of Marina Del Rey, Calif. The 100 metric ton machine is the fifth Marine Travelift to call the Boat Yard home and will allow them to open up a larger market segment along the California coast. “We purchased the 100 BFMII Marine Travelift in order to service the larger and wider vessels that call Marina Del Rey their home port,” said Greg Schem, President and CEO at Harbor Real Estate Group.

Vesper Marine Updates WatchMate Vision

Vesper Marine, a manufacturer of marine safety products, announced a free upgrade for its flagship AIS Class B transponder, the WatchMate Vision, streamlining usability, while adding new safety features and enhancements to the user experience. Preinstalled on all new units, the update is also available at no charge for existing owners. “When we first launched the WatchMate Vision, we raised the bar for boater safety,” said Jeff Robbins, CEO, Vesper Marine. “Today it is the premier AIS safety instrument on the planet.

Married Couple Set Mid-Pacific Rowing Speed Record

Meredith Loring and Sami Inkinen, a married couple based out of the San Francisco Bay Area, began their unsupported rowing expedition on June 18, 2014, out of Monterey Harbor, rowing more than 60 miles a day to cover their 2,800-mile Pacific crossing to Honolulu in 45 days and four hours. While they set the new pair’s speed record for a Mid-Pacific crossing, the couple’s expedition was largely an effort to bring attention to the dangers of sugar and to help decrease raising levels of childhood obesity and Type 2 diabetes. Inkinen…

Outer Reef Yachts to Open Cartagena Retail Center

Designers, constructors and sales source for long range motor yachts, Outer Reef Yachts, says it will have a premier sales center located in Cartagena de Indias - the Colombian seaport area, and heart of Caribbean commerce and tourism. Outer Reef’s Latin American sales team, located in this new retail center, will be led by the area’s representative and active community leader, Jaime Borda. The Cartagena area was particularly attractive to Outer Reef as it is a growing center for business, tourism, and the hub of the Caribbean yachting community, as it is close to turnkey service facilities and overall commerce.

New Crowdfunding Campaign for Recreational Boaters

EarlyShares, an accredited investor funding platform that connects entrepreneurs and business owners to investors, today announced the launch of an equity investment campaign for an innovative startup venture in the recreational boating industry. The campaign is the first of many equity investment projects that will be launching on the EarlyShares platform in coming months. The equity investment offering for Boatsetter, a Miami, Florida-based peer-to-peer boat rental initiative primed to reinvigorate the boating industry, launched on Monday, December 9. Investors have already begun investing in the campaign.

Delta Wave, KVH Team

Delta Wave Communications, Inc. is pleased to announce that they have signed a wholesale distribution agreement with KVH Industries, Inc., offering its V3 (the world’s smallest maritime VSAT terminal, V7, new V7IP and V11 broadband solutions, as well as direct billing and support capabilities. KVH Industries, Incorporated is a leading manufacturer of solutions that provide global high speed Internet, television and voice services via satellite to mobile users at sea, on land, and in the air. Their maritime broadband solutions offer global connectivity utilizing both Ku and C band technologies.

Guldi Joins UMSI as Sales Director

Unlimited Marine Services, Inc. (UMSI), a full service marine technology company continues to expand with the recruitment of Chris Guldi as Director of Sales. Chris will be running the Sales Department, responsible for business development for the megayacht division. According to UMSI, Chris Guldi has extensive sales and new business development experience, having run his own successful real estate business in Maryland. His passion and main hobby has always been the yachting industry…

Guldi Named Sales Director at UMSI

Unlimited Marine Services, Inc. (UMSI), a full service marine technology company continues to expand with the recruitment of Chris Guldi as Director of Sales. Chris will be running the Sales Department, responsible for business development for the megayacht division. Chris Guldi has sales and new business development experience, having run his own real estate business in Maryland. His passion and main hobby has always been the yachting industry, and with an electronic and technical background…