Latest News – Page 653
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NewsDid Bill Gates buy a US$645m liquid hydrogen-powered superyacht?
The 370ft Aqua is powered by liquid hydrogen only Bill Gates is widely reported to be melding his interest in alternative fuels and love of yachting, having commissioned a futuristic looking, 370ft superyacht powered by liquid hydrogen, meaning the vessel’s only emissions will be water. ...
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NewsFinnboat reports thriving export market
Finnboat, the Finnish marine industries association, has announced that its member companies generated nearly €600m in sales last year – a 10% increase over the previous 12-month period. Employment improved and exports are growing strongly.
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NewsOCIBAR acquires Spanish superyacht marina
OCIBAR, the Spanish marina management company, has significantly expanded its operation with the acquisition for an undisclosed sum of the Port Tarraco superyacht marina in Tarragona. The purchase was made from the Qatari Diar Fund, which is linked to Qatar’s sovereign wealth fund.
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NewsTaiwan show organiser responds to Coronavirus outbreak
The Taiwanese government and the Taiwan External Trade Development Council (TAITRA), which promotes the Taiwan International Boat Show, have responded to concerns about the Coronavirus outbreak.
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Harbour Group buys SHF
Harbour Group has expanded its manufacturing and distribution capabilities with the acquisition of SHF, a supplier of stainless adaptors, fluid power fittings, instrumentation fittings and valves to a variety of industries, including marine, manufacturing, chemical, and oil and gas.
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NewsYamaha expands technical school partnership program
Yamaha Marine has expanded its technical school partnership program in the US with the official grand opening of a new marine technology building at National Park College in Hot Springs, Arkansas.
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NewsSingapore Yacht Show postponed
The March edition of the Singapore Yacht Show is postponed until October with the exact dates to be confirmed
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NewsT-H Marine acquires US distributor
Alabama, US-based marine equipment supplier T-H Marine Supplies has acquired First Source Marine, a Florida-based wholesale distributor specialising in sporting goods equipment.
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NewsMalibu Boats reports solid Q2 sales
Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder
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BoatyBall cruises into 2020 with over 10,000 reservations
BoatyBall, which provides web-based mooring-ball reservations throughout the British Virgin Islands, has kicked off 2020 by surpassing 10,000 reservations. The North Carolina-based company has signed over 9,000 subscribers in just 13 months and claims it is on track to add 600 new members a month throughout the year.
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NewsCMC Marine in supply deal with US builder
Italian stabilisation specialist CMC Marine has signed its first new-build contract in the US with Marlow Yachts. The Tuscan company recently supplied the well-known US brand with Stabilis Electra stabilizer fins for a new Marlow Explorer.
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NewsNauti-Craft, Yanmar sign technology transfer agreement
Dunsborough, Australia-based Nauti-Craft Pty Ltd and Osaka, Japan-based Yanmar Marine have entered into a technology transfer agreement that aims to develop Nauti-Craft’s patented marine suspension technology and incorporate it into a new line of leisure boats to be sold through Yanmar’s global network.
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NewsGreece to introduce fines for rescue operations
Greek authorities are putting into effect a law under which people using boats for recreation, if they disregard severe weather warnings and trigger a search and rescue operation, will be liable for the incurred costs as well as a fine.
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NewsDometic UK Blind Systems names new MD
Kevin Lench has over 25 years’ experience in senior leadership positions
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NewsGetMyBoat docks in Uganda
The Republic of Uganda – searching for ways to better utilise its water resources – is turning to tourism, and GetMyBoat.com is jumping on board to not only draw visitors to the country’s lakes, but enable local Ugandans access to safe, quality boats for transport and entertainment.
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NewsAkzoNobel names eastern North America rep group
Arnhem, Netherlands-based yacht finish manufacturer AkzoNobel has named Thomas H Connolly & Sons to represent its yacht coatings products in eastern North America.
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NewsBusiness students predict US$25.5bn yachting industry by 2027
Research from a group of Florida Business School students predicts a yachting industry worth US$25.5bn dollars by 2027, and that millennials may be a better consumer base than conventional wisdom would indicate due to the growing yacht charter market.
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NewsBeneteau confirms positive outlook for 2020
French boatbuilder Beneteau Group confirmed a positive financial outlook for the Boat Division’s 2019-2020 financial year, based on ‘robust’ trends in European and charter markets
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