Latest News – Page 593
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NewsTemasek withdraws from planned SG$4bn share purchase in Keppel Corp
Marina at Keppel Bay is one of Singapore’s largest marinas A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, ...
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NewsUS yachting sector showing signs of recovery
Despite 81% of yacht-builders reporting Covid-related business declines in the first quarter of 2020, the market is already showing promising signs of recovery, says one industry observer. As lockdown restrictions began to ease, so did buyer hesitancy, according to Affinity Group CEO Andrew Morgan. “Many potential acquisitions lined ...
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NewsSA Princess distributor appoints new associate, expands footprint
Lindani Mchunu joins Abromowitz Sharp & Associates
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NewsFinnish boat registration up strongly as Helsinki Boat-Afloat opens its doors
More than 250 boats are on display at Helsinki Boat-Afloat The ‘staycation’ trend has provided a positive boost to boating in Finland this summer, with 22% more boats registered in the first half of 2020 compared to the same time last year. According to Finnish marine industries ...
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NewsBarton Marine signs new distributor for Australasia
DeckHardware Marine Solutions Australia will offer Barton’s complete product range
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NewsCala del Forte marina development back on track
First yachts expected in October and new shipyard by 2021
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NewsUS wholesale boat shipments soared 60% in June
Boat building in the US has ramped back up after the Coronavirus forced shutdowns at many plants, according to the latest statistics from the National Marine Manufacturers Association (NMMA)
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NewsBahamas yacht charterers look for return of pre-Covid growth
Hotel bookings for autumn in the Bahamas are “surprising strong”, according to Tourism director general Joy Jibrilu, and the yacht charter market continues to show positive signs.
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NewsGreek government approves Elounda Hills marina project
The building of a new 202-berth marina at Elounda Hills in eastern Crete was jointly approved by the Greek Tourism and Environment Ministries this week. The marina will be a key element of the large €410m Elounda Hills eco-tourism project set to be developed at Elounda Bay in the Aghios ...
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NewsWajer adds ‘foil assist’ technology to 38, 38S models
The Wajer 38S with foil assist technology Wajer Yachts has upgraded its 38 and 38S luxury dayboats with a ‘foil assist,’ a striking feature fixed to the hull below the midship steering wheel that generates a smoother ride with less slamming. The Dutch builder of luxury motor ...
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NewsBeneteau Group CEO, Jérôme de Metz - The 15-minute read
Not watched the video yet? Read the transcript of IBI’s recent interview with Beneteau Group CEO where is explains the thinking behind the French builder’s ambitious new strategy to cope with a fast changing market
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NewsWilliams Jet Tenders reports 50% jump in sales across the UAE and Asia
The rise follows new dealer appointments in both regions
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NewsCopenhagen show cancelled
Denmark’s popular outdoor boating festival will return next year in August
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NewsAskeladden appoints new general agent for Sweden
Norwegian boatbuilder Askeladden has chosen KGK Motor AB to serve as its general agent for Sweden.
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NewsMPI names new rep group for eastern US, Canada
Atlantic Marketing to handle distribution, representation for US plastic and rubber hose maker
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NewsUS private equity firm buys Yale Cordage
In its 99th deal since being established in 1989, US private equity business River Associates Investment has bought Yale Cordage, a leading supplier of rope systems to the recreational and commercial marine sectors. The acquisition was in partnership with Yale’s management team. No value for the purchase has been released. ...
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NewsDeutz Power Centre to sell and service Torqeedo marine drive systems in South Florida
Deutz Power Center Florida (South) in West Palm Beach has taken on the responsibility for parts, sales and service of Torqeedo marine electric drive systems in South Florida. Torqeedo, a subsidiary of Deutz since 2017, offers electric and hybrid drives with power outputs from 0.5kW-100kW for commercial applications and leisure ...
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NewsSingapore-based boat advisory company BASCO launches Asia Online Boat Show & Expo
BASCO Boating, one of the largest communities of boaters, suppliers, and boat enthusiasts in Asia, has announced the launch of a two-day virtual Boat Buyer Expo. The event aims to help first-time boat buyers and new-to-Asia boaters make the leap to the boating lifestyle and overcome the associated challenges by ...
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NewsPendennis launches second Hoek Truly Classic 128
Halekai in Pendennis’s 800-tonne travel hoist Source: Andrew Wright Pendennis The second Pendennis-built Hoek Truly Classic 128ft sailing yacht has launched at the company’s UK facility in Falmouth and entered the yard’s non-tidal wet basin for rig stepping and commissioning prior to sea trials. The classically styled ...
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NewsOXE Marine signs deal with China’s largest outboard engine manufacturer
Parsun to distribute the OXE diesel outboard range in China
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