Europe’s market leader PANTAENIUS Sail and Motor Yacht Insurance opens a new office in Australia
James MacPhail is the Managing Director of the new Pantaenius office in Sydney. He’s not just a businessman but also a passionate yachtsman with strong market knowledge in the Australian yachting scene. This is why he knows what yacht owners expect from their insurance. MacPhail: “Owners expect an insurance cover to be complete and have no hidden or ambiguous clauses. Such clauses include e. g. an Agreed Fixed Value.
Pantaenius is well-known for its fixed value policy that has set new standards in the water sports sector. We agree a fixed sum insured, which is reimbursed in full for total loss, rather than the current market value as is the case with many other yacht insurers.
Furthermore, our clients can expect to be supported in the unfortunate event of a claim and to receive payment as soon as the claim is properly verified.”
R-Series designed specifically for production boat market
Leading Australian propulsion specialist, VEEM, today launched its latest range of precision-engineered propellers, designed specifically for the production boat market. The new range, named the VEEM R-Series, is targeted at manufacturers looking for a superior quality, fully machined prop but at a highly competitive unit price.
Manufactured to VEEM’s exacting standards, the R-Series, unlike many competitive products, utilises the company’s unique single setup and ‘true 5-axis robotic CNC machining process’ to ensure precision quality results and 100 per cent repeatability to the design.
Despite these high design and production standards, the new range will offer buyers savings of up to 40 per cent compared to the company’s market leading VEEMStar fully-custom propeller range, which features the revolutionary ‘Interceptor strips’ for peak performance.
Actisense, the market leading marine electronics brand from Active Research Limited, based in Poole, UK, will soon be releasing the new Engine Monitoring Unit (EMU-1). The device is a specialised Analogue to NMEA 2000® Interface, designed to operate specifically with engines on water craft.
Working in conjunction with the UK distributor for a large engine manufacturer, the device is now being put into beta testing with distributors in October, and into production immediately thereafter, with a definitive release in time to be showcased at the METS show, following successful tests.
The intention is to keep the RRP significantly more cost-effective than any industry comparable product.
For Aberdeen Asset Management Cowes Week competitors
Ramora UK, one of the UK’s leading Bomb Disposal companies, is set to repeat its free distress flare disposal service for sailors taking part in Aberdeen Asset Management Cowes Week.
The disposal of out-of-date flares is a growing problem for sailors who face severe penalties if they fail to follow the correct procedures. As it did last year, Ramora UK is offering a safe, legal solution to the problem.
Out-of-date flares can be delivered to the Ramora UK disposal area at Town Quay (next to Cowes Harbour Commission offices) on Friday 10 August between 3pm and 8pm.
Sailing capital of the Caribbean introduces new initiatives
Already acknowledged as the Sailing Capital of the Caribbean, the newly appointed Premier of the British Virgin Islands, Dr. the Hon D. Orlando Smith, OBE has introduced a number of initiatives to increase marine related tourism and Superyacht activity in the Islands.
The first of these initiatives was to declare Gun Greek in Virgin Gorda as an officially designated sea port of entry in to the Territory. The Port, which is strategically located in the North Sound area of Virgin Gorda, has seen considerable growth in the Superyacht trade over the last several years.
The designation allows Superyachts and other vessels to now proceed directly to the magnificent cruising grounds around the North Sound rather than having to clear in Spanish Town or Road Town.