£3.7 MILLION INVESTMENT IN NEW SCOTTISH MARINA
The Thomas Telford Corpach Marina, Fort William, has been officially opened by HRH The Princess Royal, accompanied by Lord Lieutenant James Wotherspoon.
The £3.7 million facilities have been built to provide a sheltered, all-weather, fully accessible marina and public slipway, with berths for 45 yachts and motor vessels plus small day boats, café, and amenities.
OYSTER YACHTS EDGES CLOSER TO PROFITABILITY
Continued investment together with post Covid issues have delayed a return to profitability for Oyster Yachts.
The boatbuilder saw a growth in profit of £2.6m against an operating loss excluding exceptional costs of £8.6m for the financial year 2022. The company’s latest financial statements show production for the financial year (FY) 2023 is 100% covered by the order book with FY2024 95% covered and orders for some models stretching into 2025.
“It is particularly encouraging that the order book is strong across all yacht series and all regions,” said chairman Richard Hadida.
Throughout 2022, Covid continued to have an impact on operations with production, productivity and availability of parts affected. In his report, CEO Ashley Highfield, said the Board has decided to allow more time to see Oyster return to sustainable growth and profitability.
“The backdrop of a strong orderbook for new yachts across all models in the range well into 2025, along with full build bays at all sites in 2022, provides a positive outlook for the company as it looks forward and transitions to one of future sustainable revenue growth and profitability,” said Ashley.
HISTORIC CANAL BOAT FUNERAL FOR ‘INSPIRATIONAL’ WATERWAYS VOLUNTEER, DIANA SKILBECK MBE
Inspirational waterways volunteer Diana Skilbeck MBE was given a highly appropriate send-off at the National Waterways Museum, Ellesmere Port, when her coffin was transported on a historic working boat, Gifford, which she had once helped to save and restore.
In recognition of her 50-year contribution, HM King Charles sent a letter of condolence from Buckingham Palace to say he was sorry to hear of the death of Diana Skilbeck MBE and offered his sincere sympathy and very best wishes to the National Waterways Museum in Ellesmere Port. He described her role as an early volunteer at the Boat Museum as “inspirational”.
After a memorial service at her local Holy Cross Church at Woodchurch on the Wirral, the coffin was taken from the hearse and transported by boat along the Shropshire Union Canal for a short distance before cremation at Blacon Crematorium, near Chester.
The marina has been developed with a partnership approach by community volunteers from Caol Regeneration Company, supported by The Highland Council, Scottish Government, HIE, Crown Estate Scotland, MOWI, SSE and other local businesses and organisations.
The Report • June 2023 • Issue 104 | 17
UK Marine News
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