Latest News about Asia Pacific – Page 70
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NewsSuperyacht Australia reports rise in foreign-flagged yachts
Data released last week by Superyacht Australia, the peak body for the Australian superyacht industry, shows that foreign-flagged superyachts stayed an average of 73 days in 2019 compared to an average of 41 days in 2018 – a 79% increase in the length of stay.
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NewsResurgence of Covid-19 forces cancellation of next week’s Korea show
The postponed Korea International Boat Show (KIBS) scheduled for next week has been cancelled due to a resurgence of the Covid-19 virus, which raises the question on how boat shows can be successfully run in any part of the world while no reliable means of controlling the virus exists.
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NewsYamaha first quarter results 2020
Yamaha Motor Co Ltd has reported consolidated net sales of ¥395.9bn for the first quarter of the fiscal year ended December 31, 2020, a decrease of ¥33.5bn or 7.8% compared with the same period during the previous fiscal year. Operating income was ¥25.4bn, a decrease of ¥10.5bn or 29.2%.
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NewsSuzuki’s marine sales grow; general manager comments on results
Suzuki’s latest annual results, released yesterday, show that its marine business was the only division of the company to record sales growth despite a sharp downturn in March 2020. By far the largest proportion of the business designated as the marine division is derived from the sales of outboard engines ...
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NewsNew Zealand faces America’s Cup dilemma
The New Zealand government is faced with losing the prestige and financial incentives of hosting the America’s Cup or giving up the huge advantage gained from its yeoman effort to contain the coronavirus early. And amid teams clamouring for information, the Kiwis are playing their cards close to the vest. ...
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NewsAustralia eases boating restrictions in New South Wales
Australia’s Boating Industry Association (BIA) today welcomed the relaxation of restrictions on recreational boating in New South Wales following encouraging signs of containment of COVID-19.
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NewsGroupe Beneteau appoints dealers in China and Australia
Beneteau Asia Pacific, the regional arm of Groupe Beneteau, has appointed two new dealers – one in China and another in Australia.
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NewsYamaha extends shut down at outboard engine factories
Following a previous announcement on April 9th concerning the closure of its principal outboard engine factories during May, Yamaha Motor has now decided to extend the shut down at its Fukuroi and Yatsuhiro plants for a further two weeks until the 15th of June. According to the earlier statement, the ...
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NewsHK trade association calls for more government support
The Hong Kong Boating Industry Association (HKBIA) has issued a Covid-19 Relief Report that outlines the current challenges facing the boating industry and the importance of government support during the COVID-19 pandemic. The HKBIA represents all sectors of the leisure boating industry in Hong Kong, one of the main centres ...
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NewsHeysea Yachts launches 10th Asteria 108
Heysea Yachts, China’s most active superyacht builder, has just launched the tenth model in its successful Asteria 108 series. The 33.1m (108ft) vessel is set to be delivered in mid-June, after which it is scheduled to spend six months in Hong Kong followed by a voyage to Melbourne, Australia.
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NewsIBI strikes agreement with China boatbuilding association
New International Yacht Building Institute to begin operations in Weihai this year. International Boat Industry (IBI) to benefit from the establishment of a liaison office and the distribution of its news service in Mandarin to members of the China Boat Industry and Trade Association (CBBIA)
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NewsHorizon launches first FD102 superyacht for US client
Taiwanese boatbuilder Horizon Yachts has launched its first FD102 superyacht for American owners. Hull No 2 of the 32m fast-displacement vessel is on schedule to arrive in Ft Lauderdale in June and will make its debut at the 2020 Ft Lauderdale International Boat Show in late October.
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NewsPrincess Yachts Australia appoints exclusive NSW dealer
Sean O’Doherty and David Jensen will help grow the brand in New South Wales
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NewsGrand Banks resumes operations
The Board of Directors of Grand Banks Yachts Limited announced today that the group’s manufacturing yard in Pasir Gudang, Malaysia has received approval from the Government of Malaysia to resume operations with immediate effect. Grand Banks Malaysia Grand Banks’ production facility in Malaysia employs 667 workers. The ...
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NewsOrion and Smuggler awarded High Court costs from Sealegs
Following a lengthy court battle lasting almost four years, the Auckland High Court in New Zealand has sealed an order for costs against amphibious boatbuilder Sealegs. This brings the total of costs awarded against Sealegs to circa $500k with the costs to be paid immediately.
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NewsHK designer unveils small electric commuter craft concept
Michael Young, a Hong Kong-based boat designer, has introduced a range of new designs for small electric commuter boats.
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NewsNorth Sails supplies medical facilities in Japan
The Japan unit of sail manufacturer North Sails has switched to making gowns for medical personnel fighting the coronavirus.
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NewsKorea International Boat Show confirmed for June this year
The organiser of the Korea International Boat Show (KIBS) confirmed to IBI today that the show is planned to go ahead as scheduled from June 5-7, 2020. There will also be an invitation-only business forum on the afternoon of June 4.
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NewsMaritime NZ approves further marine business activities
Thanks to some dedicated work by NZ Marine on behalf of the New Zealand marine industry, Maritime NZ has approved further marine business activities under Covid-19 Level 3. This follows the recent opening of restrictions on manufacturing, which has allowed New Zealand boatbuilders to get back to work.
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NewsThree yachts catch fire in Hong Kong
Hong Kong’s emergency fire and medical services were called to the Kwun Tong Typhoon Shelter yesterday afternoon after a fire broke out on board a boat and spread to two other yachts. Within around two hours, the fires were under control and no injuries have been reported.
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