The U.S. Patent Office issued a second patent for Plasdeck, a manufacturer of synthetic teak boat decking.
"We are pleased that both of our patents have been issued," said Bill Gribble, president of Plasdeck, in a statement. "It's the distinct differences in Plasdeck's material that have given us a competitive edge in the decking market in comparison to earlier products. That's why we have marketed Plasdeck as the next generation of synthetic decking."
The studio entered the megayacht sector with a recently launched 164-foot Riva.
Malibu CEO Jack Springer said that by licensing its patents, the company continues to defend its surf technology from “unauthorized adopters.”
The goal of the partnership is to reduce the superyacht industry’s ecological footprint.
Instruction will be part of school’s powersports program.
The parent of The Moorings, Sunsail and Footloose said the “unprecedented investment” went to buying new boats and upgrading its base network infrastructure.
A company source said a serious investor has emerged as a potential buyer for the Dutch superyacht builder.
