Latest News – Page 651
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NewsMarquis Yachts in for the long haul; sale imminent
CEO Rob Parmentier: A deal could come as early as this week or next
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NewsSun Concept’s solar cat undergoes trials
The Portugese builder plans to launch its latest solar-powered model this year
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NewsCase against Tectrax struck out in High Court
Sealegs International and its parent, Future Mobility Systems, have withdrawn their High Court claim against fellow New Zealand-based company Tectrax for alleged infringement of copyright in the unique arrangement of features in the Sealegs amphibious system.
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NewsMIBS Industry Breakfast: US boating needs to recapture market share and get loud
The US recreational marine industry needs to get loud with elected officials and work hard at recapturing lost market share, according to National Marine Manufacturing Association (NMMA) president Frank Hugelmeyer, addressing his first Miami International Boat Show (MIBS) Industry Breakfast since taking his position late in 2019.
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NewsGrand Banks reports 10-year high for order book
Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...
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NewsRiviera signs on record number of apprentices for 2020
Boatbuilder welcomes 80 budding boatbuilders to its annual training program
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NewsIn difficult times, Belgian boating sector shows its can-do
The annual Belgian Boat Show in Ghent is roaring back There are no more boatbuilders in Belgium. Belgian boaters are greying, hurting sales and marinas. But the Belgian sector is making good tracks in undoing the damage of changing market conditions. The annual Belgian Boat Show in ...
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NewsMembers join Confindustria Nautica, the new name for the combined UCINA and Nautica Italiana associations
More than 40 members so far signed up including key names like Ferretti Group, Fincantieri Yachts, Perini Navi and Baglietto
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NewsIsraeli berthing system provider links with TransEurope Marinas
Pick a Pier to provide technological solutions to facilitate TransEurope’s sizeable membership service
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NewsM/Y Luna free to leave Dubai?
The UAE-based English language newspaper Gulf News has reported that the $450m megayacht Luna, part of London’s largest divorce case, may finally be allowed to set sail from a Dubai port. The Gulf News article states: “The 115m (380ft) M/Y Luna has been holed up in Dubai while lawyers for ...
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NewsSeakeeper launches smallest stabiliser yet
Seakeeper made waves on the opening day of the Miami International Boat Show (MIBS) yesterday with the launch of its all-new Seakeeper 1 gyro stabiliser aimed at boats from 20ft-30ft.
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NewsTokyo boat show to go ahead
The coronavirus outbreak is not currently recognised as an epidemic in Japan
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NewsNauticStar unveils 191 Hybrid at MIBS
NauticStar Boats’ new 191 Hybrid features a new hull designed for rough water stability at a very affordable price – perfect for families in the US and Europe, except for those pesky tariffs.
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NewsScenic Group launches new superyacht cruise venture
Scenic Group, the Australian cruise ship group, is expanding its portfolio of activities with the new Emerald Yacht Cruises venture. Set up as a division of Scenic’s Emerald River Cruises arm, the new venture will start operations next year with the 110m (360ft), 100 guest-vessel, Emerald Azzurra, currently in build ...
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Davis Instruments appoints global sales rep
Davis Instruments in the US has chosen Brunger Export Inc to serve as its exclusive worldwide international manufacturers sales representative. Brunger will be responsible for accounts outside of the US and Canada.
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NewsSanlorenzo’s 2019 preliminary results show 39% growth in revenues
Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m
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NewsChinese companies struggle to meet commitments
Many marine companies in China are still unable to recommence production after the extended three-week New Year shut down.
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NewsRaymarine in supply deal with Boston Whaler
US fishing boat builder Boston Whaler has announced plans to offer the Raymarine DockSense Alert system as a factory-installed option on select 2021 model-year boats beginning later this year.
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NewsBorrow A Boat pursues third crowdfunding round
The UK-based Borrow A Boat company, which aims to be the Airbnb of the boating world, is currently undertaking a third round of crowdfunding to raise a target of £1.5m. Requests to invest led to this round, rather than doing a private shareholder fundraising round with support of venture capital ...
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News1st Australia Thailand Rendezvous a success
The inaugural Australia Thailand Rendezvous, sponsored by Benetti Yachts, took place at Phuket Yacht Haven Marina in Thailand last week. Organised by Superyacht Australia, the event attracted 14 vessels with captains and crew and provided an update on what is happening in the Australian superyacht industry along with the benefits ...
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