International News

The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.

Teens survive being lost at sea for 50-plus days

Three teenage boys who were rescued Wednesday from a tiny boat 240 miles from land after they became lost in the South Pacific for more than 50 days were being examined today by a doctor in Fiji. Apunas Sakamuri, a spokesman for the police department in Suva, Fiji, said the three were admitted to Suva…more

Michigan Wheel Marine adds Dubai division

Michigan Wheel Marine recently established a new division in Dubai, United Arab Emirates. The new company will trade under the name Michigan Wheel Marine – MEAA (Middle East, Africa & Asia), and will provide regional service and support for customers throughout the Middle East, Africa and the Subcontinent. Michigan Wheel – MEAA will provide after-sales…more

Chinese yacht builder conducts IPO

  Yacht manufacturer Sunbird Yacht Co. Ltd. received approval from the China Securities Regulatory Commission through an initial public offering of 22 million shares listed on the ChiNext board in Shenzhen in September. Sunbird Yachts, which opened in 1993, has more than 900 employees and is a leader in the local market, the company said.…more

Yacht sales firms sign marketing agreement

Sarasota Yacht & Ship Services reached an agreement with Leigh-Smith Cruiser Sales, a long-established Australian-based brokerage firm, to create an international marketing alliance. The international yacht sales firms agreed to market one another’s services in their respective markets in an effort to expand their market reach by creating greater international exposure. “In 2009, the U.S.…more

Iraq selling Saddam Hussein’s yacht

Want to buy a yacht once owned by a dictator? Iraq’s ministry of transportation announced that the luxury yacht Ocean Breeze, once owned by former Iraqi president Saddam Hussein, is back in Iraqi waters and up for sale. The boat has been the subject of legal wrangling between Iraq and Jordan, which said it owned…more

Yachting security conference set for Virgin Islands

The Maritime Security Council will host the 2010 Yacht Industry Security Conference in the U.S. Virgin Islands in December. The focus of the conference, scheduled for Dec. 7-8 at the Yacht Haven Grande Marina in St. Thomas, is identifying security best practices appropriate for the yachting industry and reducing opportunities for the industry to be…more

Yacht club renews effort to hold sail race to Cuba

The Sarasota Yacht Club Charitable Foundation says it plans a second attempt to hold a landmark race from Sarasota, Fla., to Havana. Last year, after much planning and pre-race events, the yacht club canceled the event because the federal government decided not to sanction it. Yacht club officers are optimistic that they can get government…more

VIDEO: Vladimir Putin, whale hunter

Vladimir Putin, the Russian prime minister known for his tough political stances and publicity exploits showcasing his physical prowess, was documented shooting a whale with a crossbow from an inflatable boat this week. Russian media showed the 57-year-old former KGB spy and Russian president speeding across rough Pacific waters, crossbow in hand, chasing endangered gray…more

Sensation Yachts trial set for November

A Nov. 1 trial date was set to sort out the remaining property – including three half-finished megayachts – at Sensation Yachts’ New Zealand headquarters. Banker HSBC wants to sell the boatyard to recover millions of dollars it is owed, but can’t do so without removing the chattels, according to a report from Business Day.…more

Senate candidate accused of illegal yacht trip to Cuba

Billionaire Jeff Greene, the leading Democratic candidate in the race for U.S. Senate in Florida, is accused of taking his yacht on an illegal trip to Cuba in 2007. It is illegal for Americans with no family in Cuba to visit the island. During a debate Monday night, Greene was asked about the alleged 2007…more

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