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In Focus Leisure Marine

In Focus: Grand Banks expands Malaysia facility by more than 25 per cent

Malaysian boatbuilder Grand Banks is expanding its production facility in Malaysia by more than 25 per cent, to handle bigger luxury boats, increase capacity and accelerate boatbuilding activities. The expansion, which will cost approximately US$6.42 million, is expected to be completed by August 2024. The SGX Mainboard-listed luxury yacht builder says the proposed new single-storey […]

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Leisure Marine

Grand Banks Yachts buys Florida marina for US$1.9m

Malaysian boatbuilder Grand Banks Yachts has entered into a sale and purchase agreement to acquire 458 SW Salerno Road, a marina and yacht service yard located in Stuart, Florida, USA, for US$1.9m. The 458 SW Salerno Road site sits opposite Grand Banks group’s Stuart yard, which serves as its USA headquarters as well as a […]

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Leisure Marine

European debut for Grand Banks 85 at Cannes

Grand Banks is set to debut its latest model, the GB85, in Europe for the first time, at the 2022 Cannes Yachting Festival. The new model utilises the company’s V-Warp platform and takes the company in a new performance-driven and fuel-efficient direction. The builder says the GB85 focuses on maximising storage and allowing an abundance […]