Latest News – Page 586
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US business owners increasingly optimistic – Wells Fargo
Q3 study highlights improved future outlook in spite of continuing near-term Covid-19 headaches
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Polish builder in major recruitment drive
Poland’s Sunreef Yachts has announced that it is hiring over 200 new employees at its shipyard in Gdansk.
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Judge declares yacht ownership suit “a mess”
A federal judge in Miami, Florida who has declared the ownership lawsuit over a US$1m yacht “a mess” is allowing a local business which has procession of the boat to keep it temporarily, and has further suggested federal investigators may want to intervene. It all began in April, when brothers ...
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MDL Marinas launches new points-based loyalty programme
The UK’s MDL Marinas is launching a new points-based loyalty programme, Otium, to give customers a more personalised experience when accessing services provided by the marina group.
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Dutch yard signs contract for 120m SY
The Espen Øino-designed superyacht is due for delivery in 2025
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Nautor’s Swan CEO Giovanni Pomati - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI editor, Ed Slack’s recent interview with Giovanni Pomati on the impact of Covid, new model launches and why the sailing fraternity needs to work together to promote the sailing experience
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Rolls-Royce announces MTU Series 2000 power upgrade
Rolls-Royce has increased the output of its 12-cylinder MTU Series 2000 M96 engine from 1,432 kW to 1,472 kW, equivalent to more than 2,000hp.
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Hubbell Inc CEO David Nord to retire
Connecticut, US-based electrical equipment manufacturer Hubbell Inc has announced that CEO David Nord will retire on October 1.
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Australian multihull builder expands US presence
McConaghy Boats of Australia has formed a strategic partnership with Engel & Völkers, based in Newport Beach, California, making it the company’s preferred partner for the sale of McConaghy Multihulls. The announcement comes as McConaghy expands its Multihull range and sets its sights on sales growth in the US.
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Michigan commits to Asian carp control funding
The US State of Michigan was praised by boating, fishing and conservation groups late last week when it signed a formal commitment to allocate US$8.0m in funding toward a dam engineering project aimed at stemming the spread of invasive Asian carp.
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Head of Brunswick Boat Group to depart
Huw Bower, Vice President and President, Brunswick Boat Group, will be leaving the company this week
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US boat retailer OneWater launches Public Offering
In a bid to continue its fast-paced growth, OneWater Marine is offering company and shareholder common stock to fund working capital and expansion; the company has provided preliminary Q4 results through the end of August to support the offering
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Virtual Valencia Boat Show unveils final stand design
With less than two months to go before its opening, the 2020 Virtual Valencia Boat Show has revealed the definitive design and functionalities of its virtual stands.
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Interboot, Germany’s first indoor show of the season, set to open this weekend
New ‘Special Edition’ planned with video streams and social distancing
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Appointment at Lippert Components
Indiana, US-based marine equipment manufacturer Lippert Components Inc (LCI) has named Mark Woloszyk as its new vice president of technology and product development.
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OXE Marine AB upgraded to OTCQX market
Swedish diesel outboard maker OXE Marine AB has qualified to trade on the OTCQX market.
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Spain sees fall in superyacht activities
Charter and shipyard work impacted by Covid-19 pandemic
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British Marine responds to BOATS2020 cancellation
Following last week’s decision by Southampton City Council to cancel Boats2020 on the eve of the event, show organiser British Marine has issued a statement to say that it is seeking further clarification with regard to the reasons for the late notice of decision.
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Tankoa launches M/Y Olokun
Italy’s Tankoa Yachts launched M/Y Olokun, the third hull in its 50m all-aluminium series, at its yard in Genoa on Saturday.
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Whittley Boats opens new sales and service facility in Sydney
Whittley Marine Group, one of Australia’s leading trailerable fibreglass boat builders, has established a new boat retail sales and service facility in Sydney.