All Brokerage articles – Page 2
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NewsSA Princess distributor appoints new associate, expands footprint
Lindani Mchunu joins Abromowitz Sharp Associates
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Interview
IBI interview with MarineMax CEO Brett McGill (trailer)
In the latest installment of the IBI Interview, IBI contributor Craig Ritchie speaks with Brett McGill, CEO of mega boat retailer MarineMax about significant shifts emerging out of the Covid-19 crisis and the role technology and digital investments are playing in the company’s business model. In this excerpt, McGill ...
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Video
IBI speaks with MarineMax CEO Brett McGill
IBI contributor Craig Ritchie speaks with Brett McGill, CEO of America’s largest boat retailer about how the company’s digital strategy and investments over the past ten year have paid off during the Covid crisis, the significant shift in consumer appetite to get out on the water, and some of the ...
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News
Record Q3 revenues for MarineMax
Clearwater, Florida-based boat and yacht retailer MarineMax reported record revenues for its third quarter of 2020, fuelled by a 37% year-over-year bump in same-store sales. For the quarter ended June 20, 2020, the company reported revenues of US$498.3m, marking a 30% year-over-year increase from the $383.4m in revenues earned ...
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News
Great Lakes broker and marina operator expands US coverage with Florida-based acquisition
Detroit-headquartered KAM Yacht Sales has significantly expanded its US activities with the acquisition of Luke Brown Yachts in Ft Lauderdale, Florida. Kam Yacht Sales is part of KAM Marine Ventures LLC, which is a division of Lormax Stern, a real estate, investment and management group.
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News
Australian broker faces charges in multimillion-dollar fraudulent boat sales scheme
Benjamin Eustice faces 17 fraud charges for his alleged role in alleged dealings ‘masterminded’ by his father, Andrew Eustice. Australian police allege Benjamin Eustice, a salesman for Platinum Boat Sales, took multiple deposits for boats and, unknown to the owners, sold the vessels. The matter was set down ...
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News
Lengers Yachts delivers new 38m Sanlorenzo
The sale of Darya , a new Sanlorenzo SD126, was completed in less than 72 hours
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News
Fraser Yachts signs national pact for energy transition with Monaco government
Fraser Yachts has signed the official National Pact for Energy Transition (Pacte National pour la Transition Énergétique) with the Monaco government, making it the first yachting company to do so.
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News
Obituary: Gino Pardo
Gino Matteo Pardo, founder of the Gino Group, one of Turkey’s oldest yacht brokerage, refit and management firms, has passed away at the age of 84.
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News
Aon-Willis Towers Watson merger faces lawsuits
Plans for a takeover deal worth some US$30bn of two major insurance brokerage groups have hit a possible hurdle as at least three shareholder lawsuits have been filed opposing the approach by Aon to acquire Willis Towers Watson. Both businesses are big players in the superyacht insurance market.
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News
Executive Yacht sells new Pershing 62 to US owner
M/Y Roxy is hull number 30 of the Pershing 62 series
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News
Fraser CEO sees bright future for superyachts
Raphael Sauleau: “We’re receiving a steady stream of enquiries and inspection requests” Hopeful, yet confident. That is how Fraser Yachts CEO Raphael Sauleau feels as the world begins coming out from under COVID-19 restrictions. Sauleau describes a 2020 that began very strongly for the 75-year-old ...
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News
COVID-19 protection, the latest superyacht ‘must-have’
In a circular about the sale of the 43m (141ft) expedition superyacht Marcato from Globe Regal Yachting, an emphasis was placed on its air-treatment system and anti-COVID-19 protection.
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News
New European head for Northrop & Johnson
Global superyacht brokerage and services group, Northrop Johnson (N J), has appointed a new head of European operations and also a new chief marketing officer.
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News
California yacht brokers merge
West Coast Yachts and Dream Catcher Yacht Sales have merged and will do business going forward under the West Coast banner.
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News
YPI appoints yacht management partner
Adrian Tinkler joins the global superyacht brokerage from Burgess
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News
Burgess CEO discusses outlook for 2020
Industry authority Jonathan Beckett recently sat down with The Ticker – a show broadcast live on website Yahoo Finance – to share his views on this year’s prospects for his company and the superyacht industry overall
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News
LYBRA launches US version of The Superyacht Show
LYBRA (the Large Yacht Brokers Association), which over the last two years has held a successful Superyacht Show in Barcelona, is expanding to the US with an event to be held in Palm Beach, Florida in late March 2020.
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News
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.
