Latest News – Page 543
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Oceanic Systems makes key promotion
Oceanic Systems (UK) Ltd, manufacturer of NMEA2000-based alarm, display and control systems for leisure and commercial vessels, has promoted Ryan Pannell to the main board of directors as engineering director.
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Investor series to continue… Deals done, not done, and in the pipeline
The third and final part of the IBI in-depth series on the success and failures of investors in the boatbuilding business concludes on Thursday 21st January. Author David Tydeman provides background to some of the more recent acquisitions and divestments, and addresses the impact of recent IPOs both achieved and ...
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Polish city unveils new US$13.5m marina project
The Krakow facility will be located the shore of the Vistula River
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ASA Electronics revamps company websites
Marine audio equipment manufacturer ASA Electronics in the US has entered the new year with four new websites.
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US America’s Cup team will continue following capsize, Team NZ to assist
A dramatic, high-speed capsize and near swamping in preliminary America’s Cup racing has left US challenger Patriot damaged, with team America’s Magic vowing a return to the competition, and Team New Zealand vowing to help make sure that happens. Patriot has a huge hole in the hull to be fixed ...
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New CEO at Norboat
Magnus Ryhjell has been appointed CEO of Norwegian boating industry association Norboat. A lifelong boater, he took over the role from Leif Bergaas on January 1st.
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AkzoNobel, PPG launch rival bids for Finnish paint maker
Tikkurila has paints and coatings operations in 11 countries
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Peters & May reports strong Asian demand, prompting new regional manager for the area
Luke Webster has worked for the global boat transporter for 15 years
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German Boat and Shipbuilders’ Association registers UK yards
The DBSV can issue British yards the Manufacturers Identity Code (MIC) needed to export boats and yachts to the EU
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Obituary: Neil Fernando
One of the veterans of the marine industry in Sri Lanka, Neil Fernando, sadly passed away on January 9th at the age of 83.
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Sunseeker posts 2019 gains
Financial accounts for UK boatbuilder Sunseeker International filed this week show the builder doubled its profits on a modest gain in revenues in 2019; significant financial restructuring will allow the company to carry forward with a launch plan to extend its range to 20 models.
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MZ Electronic acquires Italian propeller firm
Italy-based MZ Electronic has announced the takeover of Italian propeller manufacturer Progetto Elica for an undisclosed sum.
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Marina resort planned for downtown Stuart, Florida
The proposed Sportfish Marina Resort would be located on the St Lucie river
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Appointment at Avalon & Tahoe
Michigan, US-based pontoon boat manufacturer Avalon & Tahoe Mfg Inc recently appointed Duane Dinninger as president.
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Norwegian boat share company introduces first high-speed electric boat for the masses
Kruser’s Hydrolift E-22 has been adapted to fit Evoy’s electric outboard
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Nautor’s Swan enters powerboat sector
The new Swan Shadow heralds the renowned Finnish sailboat builder’s first foray into the motoryacht market
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Derecktor’s US$6.5m megayacht lift takes shape over Port of Ft Pierce
Derecktor Ft Pierce shipyard in Florida is hoping for a May completion of its US$6.5m, 700-tonne megayacht lift – what it’s calling the world’s largest – currently arriving in pieces from the manufacturer in Italy. That would mark the one-year anniversary of the New York-based company’s US$37m, 30-year contract to ...
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Dutch distributor undergoes management buyout
Dutch firm announces managment buyout with investment backing
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Invincible Boats expands dealer network on back of strong demand
Invincible Boat Company in the US has announced a campaign to recruit international dealers following what it describes as a high level of interest for its sportfishing and high-performance offshore boat brand.
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Miami boat show organisers unveil new ‘boating lifestyle event’ concept for 2022
Show orgnanisers Informa and NMMA have announced plans to transform MIBS into a boating event quite like no other