Camper & Nicholsons Marinas (C&N) has reached an agreement with First Eastern Investment Group (First Eastern), a pioneer of direct investments in China, that sees the formation of a Joint Venture to develop the marina sector in China and Asia. First Eastern will also be investing £4.2 million in C&N through the purchase of new shares.

C&N has recently designed four marinas in China, and is working on several other projects which include long term management agreements, in what has become the world’s largest growth market for marina development and operation.

This continues the successful expansion of C&N Marinas’ business worldwide, following their recent appointment to manage Yas Marina in Abu Dhabi, home of the Abu Dhabi Formula 1™ Grand Prix, and the announcement of a partnership with BR Marinas - Brazil’s leading marina operator - to develop new marinas in Brazil. C&N already operates its own marinas in Malta, Turkey and Grenada.

Fishers should no longer throw tonnes of unwanted fish back into the sea, the European Commission said as it revealed its plan to reform the European Union's Common Fisheries Policy.

A major part of the reform would be to take decisions on fisheries away from Brussels and allow member states to decide so that they can take account of local conditions. Other proposals include adopting an ecosystem-based approach to limit the impact of fishing and reducing fleet overcapacity without the use of subsidies.

To come into operation in 2013, the new policy would phase out so-called 'discards' and give fleets quota shares guaranteed for at least 15 years. The commission said in the Mediterranean 82 per cent of fish stocks were overfished and 63 per cent in the Atlantic.

Mastervolt is proud to announce a new agreement with the America’s Cup Race Management (ACRM) for the 34th America’s Cup race in 2013. Dave Powys, Head of Boat Procurement & Fleet Management for ACRM and Mastervolt’s Commercial Manager for APAC & ME, Erik Van Wilsum, finalised the agreement involving the electrical design and equipment supply for the America’s Cup support vessels being built in Holland, Portugal, China and Malaysia. 

These support vessels will be deployed for different tasks during the World Series Events, the Louis Vuitton Cup and the America’s Cup AC34 Finals, including supplying live, on the water television broadcast during racing.

Following a fire which completely destroyed the factory and offices of Ocean Safety’s depot in Port Glasgow, the UK’s biggest independent supplier of safety equipment to the marine sector has opened its doors once again, just four months after its stock and offices were almost completely destroyed.

The company has re-located the Scottish office to Greenock, in a strategic waterfront position close to the Customs House and the site of a proposed new marina.  “We are back in business as of today,”

Mastervolt, the leading supplier of electrical power solutions to the worldwide marine, mobile and solar markets, has added a new distributor to its network –
On Board Marine Group (OBMG).

Hong Kong-based OBMG provides electrical design, supply, distribution and engineering consultancy services to the Asian marine industry. 

Already they handle product ranges from many leading marine equipment companies, including Simrad, B&G, BEP Marine, FLIR Systems, Ocean LED and Hella Marine, making them ideal partners for Mastervolt and its extensive range of power products for the marine industry.