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The Triton

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BUSINESS BRIEFS

January 2014 B13

Patent issued; Volvo names distributor; U-Boat Worx gains investor Chock gets patent

Ft. Lauderdale-based Yacht Repairs & Maintenance (YRM) has received patent approval for its tender/Jet ski chocks. Each chock is made from marine grade aluminum, custom fitted for each boat, with state-of-theart metal-working equipment in the company’s facilities. For more, visit yrmcustom.com.

New Caribbean dealers for Volvo

Virginia-based Volvo Penta of the Americas has appointed Scotts Marine of Grand Cayman and Pirate Marine Hardware of Cozumel as full-line sales and service dealers. Scotts Marine is a full-service marine center, offering a range of boats, motors, trailers, batteries, gensets, parts, accessories and electronics, in addition to maintenance and service. It is the authorized dealer for Tiara Yachts, Cobalt and Starcraft. The company will provide sales, service and parts for Volvo Penta engines throughout the Cayman Islands. Pirate Marine provides services for the commercial and pleasure boating market and has experience with engine maintenance and repair, as well as electrical systems, sanitary and plumbing systems, bottom jobs, standing rigging, sail repair, fiberglass, welding and electronics. Pirate Marine will offer sales, service and parts for Volvo Penta engines in the Cozumel and Cancun area in the state of Quintana Roo, Mexico.

Asian man invests in U-Boat Worx

Holland-based manned submersibles company U-Boat Worx has a new investor, Exa Limited, a company owned by Tan Sri Lim Kok Thay, who leads the Genting Group, one of Malaysia’s largest conglomerates. The partnership is aimed at advancing U-Boat Worx’ growth path, which includes increased production capacity, reduction of delivery times, and improvement of global support. Exa Limited is the distributor in Asia Pacific for U-Boat Worx personal submersibles and will develop and implement a sales and marketing strategy and dealership network.

Investors: Phuket marina owes us

A group of 25 investors in Yacht Haven Marina in Phuket, Thailand, have begun an Internet campaign to raise awareness to the fact that they have invested in the redevelopment of the marina project 17 years ago but have neither received their condo units nor been refunded their money. The Yacht Haven Buyers Action Group claims its members invested up to 40 million baht in the project -- which calls for a 300-berth marina, condos and a clubhouse -- for units in the first phase of development.

When the units didn’t materialize, the investors wanted their money back. With signed contracts detailing repayment if the units were not delivered, they won in court, but a second legal action was overturned and is on appeal. They have circulated e-mails to media and industry leaders to share their plight. They say they are due about 120 million baht ($3.8 million). The marina has been in the news lately as the potential site for a superyacht charter show run by the organizers of the Singapore Yacht Show, originally expected in the fall but now pushed back to mid-February 2015. Show organizers said they hope the new dates will allow the developers time to complete existing work. They claim an additional 20 or 30 superyacht berths are under way, meaning that the show will be able to accommodate between 50 and 70 superyachts at the event – a capacity that will, if the marina is finished, be unmatched anywhere else in Asia.

Waveblade adds distributors

Naples, Fla.-based Waveblade has added three new distributors: Lodestone Yachts of Hong Kong for the Asia Pacific region, McAlpha of Calgary for western Canada, and Bristol Marine Supply of Costa Rica. The distributors will now all carry the PowerShark and Waveblade handheld, submersible hull cleaning tools. For more information, visit www. waveblade.com.

BWA’s Pegan steps down

Edward Pegan, formerly commercial manager of yacht agents BWA Yachting, has resigned to “pursue new professional challenges outside the group,” according to a press release. Julian Madsen will take over the

position Jan. 1, bringing a background in strategy and business development from commercial shipping. Madsen also has worked with BWA on various projects for the past four years. For more information, visit www. bwayachting.com

Hill Robinson hires agent

Ft. Lauderdale-based Hill Robinson Yacht Management Consultants has hired Jessica O’Conor as a crew specialist to handle fleet crew requirements for the Ft. Lauderdale office. She worked aboard yachts for 12 years, including 10 as a chief stew on yachts up to 90m.

ISS elects board

The International Superyacht Society (ISS) has elected its officers and executive committee for 2014. President is once again Ken Hickling, global business development manager with Akzo Nobel, vice president is Dieter Jaenicke, chairman of Viking Recruitment, treasurer is Bransom Bean, founder of Fine Focus and a freelance writer, and secretary is Rob Carron, an account executive with Willis Marine. The ISS Executive Committee also includes board representative Norma Trease, director of Salamanca Group’s marine division, and past president is Bob Saxon, president of International Yacht Collection. The new board is seated on Feb. 1. For more, visit superyachtsociety.org.

USSA elects board

The U.S. Superyacht Association has elected its new board for 2013-2014. John J. Mann III, owner of Bluewater Books and Charts, continues as chairman. He is joined on the Executive Committee by Kristina Hebert,

COO of Ward’s Marine Electric, as vice chairman; Corey Ranslem of International Maritime Security Associates as advocacy co-chair; Tim Davey of ISS GMT as immediate past chairman; Peter Schrappen of the Northwest Marine Trade Association as advocacy co-chair; Bert Fowles of IGY Marinas as marketing Chairman; Mark Cline of Cline Financial Group as treasurer; and Jim Perry of the law firm Perry & Neblett as general counsel. Regional board members include Ami Ira of Crew Unlimited / C.U. Yacht Charters, Jay Dayton of Avon Dixon Agency, John Clayman of Seaton Yachts, Jim Ruffolo of Burger Boat Company, Rick Gladych of Omni Risk Insurance, Kate Pearson of Shelter Island Marina, and Billy Smith of Trinity Yachts. The new at-large board members include Eli Dana of Newport Shipyard, Megan Deinas of the Port of Seattle, Tripp Nelson of Alexseal, Christina Norris of Oversee Yachts, and Derik Wagner of MTN.

AIMEX elects board

The Australian International Marine Export Group (AIMEX) has elected its board of directors for 2014. Richard Chapman, director of Coursemaster Autopilots and Hydrive Engineering, will continue as president. Matthew Johnston, general manager of Muirs, was elected vice president, and Stephen Vincent, global sales manager of VEEM, will again hold the position of honorary treasurer. Murray Owen, director of Marine Engineering Consultants, is a new board member, and Sean Griffin of GME, former vice president, was reelected and will remain on the board as a director. For more, visit www.superyachtaustralia.com

Triton January 2014 Vol. 10, No.10  

Monthly publication with news for captains and crew on megayachts.

Triton January 2014 Vol. 10, No.10  

Monthly publication with news for captains and crew on megayachts.

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