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NewsBenetti sells five yachts valued at around €100m
In the space of a recent few weeks, Benetti has secured contracts for five superyachts ranging from 38m (125ft) to 50m (164ft), with deliveries due between 2020 and 2022. Benetti told IBI that the buyers are spread across five continents and that MarineMax was not involved in any ...
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Greek builder to provide limousine tender for major SY project
Greek boatbuilder Onda Tenders has announced the sale of another custom 321L limousine tender designed in collaboration with the Scandinavian studio Mannerfelt Design Team.
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Yamaha Motor’s share price jumps 13% on Q3 results
Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results
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Venice floods cause €500,000 damage to gondolas
As a prime tourism attraction and a major marine centre for boating, visiting superyachts and cruise ships, the traditional gondoliers in Venice have been hard hit by the floods currently affecting the city. Some 70% of this famous location are now covered by the floods, the worst for 50 years ...
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Showtime with IBI
With just a few days to go, IBI is gearing up to what promises to be the biggest and best METSTRADE yet – rest assured IBI has it covered
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Lumishore to unveil Lumi-Link Wireless at METSTRADE
Lumi-Link Wireless, part of Lumishore’s recently launched LUX Lighting Collection, will be making its METSTRADE debut next week where it has been nominated for a 2019 DAME Design Award.
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Appointment at SmartPlug
US-based shore power equipment manufacturer SmartPlug Systems has named Ron Bailey as its new global vice president of sales and marketing.
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Netherlands steps up Dutch flag marketing
The Netherlands is stepping up marketing of its registry of sea-going vessels and superyachts to generate more work for the Dutch maritime sector. It has launched a website – www.nlflag.nl – with details on vessel registration and certification, manning requirements and Dutch shipping and tax policies.
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Fairline expands dealer network
The UK’s Fairline Yachts has added Bush Noble International Yacht Brokerage in Spain to its dealer network. A Dubai-headquartered operation with offices across the Middle East, Europe and the UK, Bush Noble will trade as Fairline Southern Spain.
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Management changes at Turkish marina operator
Setur Marinas, Turkey’s leading marina operator with a portfolio of 10 facilities across the country, has made three executive appointments.
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UK firm signs EchoPilot distributor deal
Marine Components International (MCI) in the UK has been chosen by Denmark’s Daniamant to distribute its British-designed EchoPilot forward-looking 3D sonar systems (FLS 3D).
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Miami Innovation Award nominations open
January 10 is the entry deadline for products to be nominated for the 2020 Miami International Boat Show (MIBS) Innovation Awards.
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European boating lobby urges EU action on single market growth
Europe’s boating sector lobby has marked its 10th anniversary with a plea to the EU to show leadership in the years ahead in boosting Europe’s single market, easing transatlantic trade frictions, encouraging innovation and reversing climate change.
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Messe Frankfurt rebrands Cape Town show
Messe Frankfurt has rebranded the Cape Town International Boat Show, which from next year will be known as Boatica Cape Town. Show organisers are aiming to bolster show attendance to over 10,000 on the back of a recently enlarged show footprint featuring more exhibitors, luxury yachts, and interactive activities.
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Osculati reports strong 2019 results
Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...
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Over 100 superyachts expected to visit Australia in 2020
Following the promotion of Australia and the South Pacific region at the Monaco and Ft Lauderdale shows, Superyacht Australia is anticipating that over 100 superyachts will visit the country next year. The America’s Cup races being held in Auckland, New Zealand in 2021 is a factor in this increase.
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ACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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Cornes Chart Group buys digital navigation provider
Two leading suppliers of navigation charts, software and equipment have joined forces to create what is claimed to be the largest charts supplier in the world. Cornes Chart Group has acquired navigation systems supplier GNS. The deal follows Cornes’ acquisition of US and Singapore-based Safe Navigation earlier this year to ...
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Balance Catamarans reports orders boost for new 482 model
Newly-launched Balance Catamarans Cape Town had confirmed five orders for the new Balance 482 on the back of a successful Annapolis show.
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Kudos for Hull Vane from a French naval giant
French defense giant Naval Group has model-tested the Hull Vane and says the below-the-transom wing “significantly improves” powering, seakeeping and stealth capabilities of naval vessels and cuts their fuel consumption.
