The scale of Raymarine’s position in the boating market can be judged by the announcement of its new out sourcing contract with Flextronics, a Singapore based company. In a contract estimated to be worth US$500 over the next five years, Raymarine will move part of its production to its new partner’s factory in Hungary. Flextronics, a company with a US$16 billion turnover, is a specialist in electronics manufacturing and distribution. “We took this decision to access the latest technologies and skills,” said Raymarine’s CEO, Malcolm Miller. None of their staff will be transferred to Flextronics.
Sweden Yachts is a small specialist yard producing just 30 to 35 sailing boats a year. They offer top quality offshore performance cruisers but the boats are inevitably expensive. For people who cannot justify the time or financial commitment involved by an outright purchase, Mark 1 Yachts has introduced its second “partnership” sheme, whereby they maintain the yachts for the exclusive use of partners and look after all the running costs. Following the success of its first plan, which has now been operating successfully for three years, two new boats will be located in the Mediterranean and the Caribbean where Part- ners can use either of them for up to four weeks a year.
Welcome to this first edition of Cruising World. We hope you enjoy it and we welcome





