Grand Banks Yachts announced that it is on track to complete five luxury yachts for buyers from Singapore, Japan and Micronesia in the financial year that ends June 30. This marks the highest sales to the region since the 2008-09 global financial crisis and comes amid growing interest in boating among Asians, according to BMY…more
Grand Banks Yachts was launched in 1956 as American Marine Ltd. by founder Robert Newton in Junk Bay, Hong Kong. The company builds yachts from 43 to 76 feet. Grand Banks is publicly traded in Singapore and its U.S. headquarters is in Seattle.
In the most recent move signaling shifting times at Grand Banks Yachts, CEO Robert William Livingston II has decided not to renew his contract, effective this week. Chief financial officer and board member Peter Poli will serve as interim CEO until a replacement is found, the company reported. Livingston took the helm in May 2009,…more
The Grand Banks Yachts board of directors beat back a challenge by dissident shareholders to replace all four incumbent directors in a so-called “extraordinary general meeting” Oct. 10 under the rules of the Singapore Stock Exchange, where the boatbuilder is listed. An average 68 percent of voting shareholders cast ballots to retain the current board,…more
VesselVanguard and Grand Banks Yachts announced a new program designed to simplify boat ownership for Grand Banks customers. VesselVanguard is a Web-based subscription service that organizes manuals, maintenance schedules and warranties for on-board equipment systems to create a digital boat profile. With each new yacht it delivers, Grand Banks will provide the owner a free…more
FORT LAUDERDALE – Trawler and yacht builder Grand Banks Yachts recognized its top dealers at a ceremony heading into the Fort Lauderdale International Boat Show. The top three were, in order, GB France and GB Italia in Europe; Boatworks Yacht Sales of New York, Connecticut and Rhode Island; and Grand Banks Northwest of Seattle. Click…more
FORT LAUDERDALE David Hensel, director of brand and marketing for Grand Banks Yachts, said at a press event Thursday that sales are up, compared with 2010, and that the trawler yacht builder came to the Fort Lauderdale International Boat Show with some momentum. Were seeing [our] markets pick up all around the world, Hensel…more