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Luxury marina plans to be ready by fall (Victoria Times Colonist) Final plans for a floating pier that would also diminish waves should be ready late this fall, said the proponent of a proposed $20-million luxury marina in Victoria's harbour. Superyacht Designers Choose Cathelco Systems (Nautica) Many of the world's most prestigious luxury yachts are protected by Cathelco systems - two of the latest being the Red Dragon and Bristolian. Cathelco, exhibiting at the Monaco Yacht Show this autumn for the eighth successive year, are world leaders in marine pipework anti-fouling (AF) systems. Somali Pirates Release German Ship after Ransom Paid (Deutsche Welle) Somali pirates have released a German-owned ship and its 15-man crew after a receiving a hefty ransom payment. LUXURY: Smooth sailing for yacht builders despite economy (North County Times) NEW ORLEANS ---- Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts. Somali pirates release German ship after ransom paid (Khaleej Times) Nairobi/Mogadishu - Somali pirates have released a German- owned ship and its crew after a receiving a hefty ransom payment, an official said Wednesday. The World's Largest and Most Luxurious Private Yachts Unveiled in The POWER & MOTORYACHT 100 (Business Wire via Yahoo! Finance) NEW YORK----POWER & MOTORYACHT, the #1 enthusiast marine category publication, unveiled its 23rd annual list of the world's 100 largest megayachts, a.k.a. "The POWER & MOTORYACHT 100." Yachts sail past recession fears (The News & Observer) The super-rich are keeping builders of luxury boats busy. Mega yacht sales climb (Detroit News) NEW ORLEANS -- Fuel prices are soaring and credit markets tightening, but the super-rich are still paying tens of millions of dollars for mega yachts. Plans afloat for Tellico luxury yacht plant (Knoxville News Sentinel) Despite a plant closing and layoffs that have beset the East Tennessee boating industry in recent months, Christensen Ship Yards Ltd. is moving ahead with its plans to build luxury yachts on Tellico Lake in Loudon County. Brownie Completes Shadow Project (Marketwire via Yahoo! Finance) Brownie's Marine Group, Inc. completes second contract for the design, build and installation of an extensive diving system with Nitrox Makers(TM) and a complete dive locker with Shadow Marine. |
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