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Time Expired For Panerai Sponsorship

Luxury watchmaker Panerai has confirmed rumors that it will cease its classic regatta sponsorship in 2019. Only the Panerai British Classic Week regatta in the Solent will receive backing this coming summer. The news comes after Panerai’s former CEO, Angelo Bonati, a keen sailor, stood down in 2018. “A passionate …

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When A Man Overboard Isn’t A Drill

During his first career in the British army with the Royal Artillery, Peter Crump was given the opportunity to sail offshore. This taste led to a keen interest in seeing the coastline fade off, but also with the safety side of the sport. On departure from the Army in 1988 …

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Maltese Mayor Calls For New Marina

Closed power station in Marsa could be turned into new facility Malta’s Mayor of Marsa, Francis Debono, has proposed to establish a new marina on the site of the closed power station. Debono told The Malta Independent that the facility would bring the maritime sector back to the municipality. “We’ve been talking …

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Dutch Motorboat Builder Finds New Owner

Privately held Financial Holding Oxbridge SE acquires controlling share in Jetten Jachtbouw Beleaguered Dutch shipyard Jetten Jachtbouw today announced that it is ‘business as usual’, thanks to financial support from global investment firm Oxbridge SE. According to a company statement, Oxbridge has acquired a significant controlling share in Jetten Bommelaer …

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New Ownership For Bankrupt Italian Yards

Cantieri di Pisa and Privilege Yard Spa acquired by new owners Two Italian yacht-builders that have both been in a bankrupt state have recently been acquired by new owners. The two businesses are Cantieri di Pisa and the Privilege superyacht yard located at Civitavecchia, near Rome. The latter also included …

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