Palladium selected for trimaran megayacht project

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Fort Lauderdale-based Palladium Technologies, which specializes in control and monitoring systems for the megayacht industry, was awarded contracts for the 138-foot trimaran motoryacht Hang Tuah, being built by McConaghy Boats in Zhu Hai, China.

"As a testament to our commitment to being a 'total solutions' technology company, Palladium has been awarded many extensive projects, especially overseas," president Mike Blake said in a statement.

An early 2011 launch date is planned for Hang Tuah.


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Overall boat sales in March were slightly lower compared to last year and year-over-year growth was down by just over 1 percent, according to Statistical Surveys Inc., data that was gathered for 30 states.