Latest News – Page 719
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NewsUK marine college signs MoU with Korean utilities firm
The UK-based South Devon Marine Academy (SDMA) is continuing to build connections around the world by recently signing a ‘Memorandum of Understanding’ with WaterwayPlus Corp, the national utility company providing water services for South Korea.
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Australian SY Rendezvous highlights future opportunities
The third annual Australian Superyacht Rendezvous (ASYR), held from May 17-18 at Gold Coast City Marina & Shipyard (GCCM), provided a positive insight into what the future opportunities for the superyacht market in Australia hold. ASYR also underlined its position as an established gathering within the Asia Pacific superyacht market ...
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NewsSanlorenzo launches biggest yacht to date
Italian superyacht builder Sanlorenzo has launched its largest yacht yet – the 64m Sanlorenzo 64Steel Atilla. At 1,600 gross tonnes, a length of 64m, five decks and an internal maximum width of 12.5m, the new flagship offers maximum onboard liveability due to its innovative layout.
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NewsSCIBS 2019 declared best show in event's 31-year history
A number of well-experienced Australian marine industry executives have declared the 2019 Sanctuary Cove International Boat Show (SCIBS) the best in the event’s 31-year-history, with record crowds, good weather and multimillion-dollar sales proving a successful combination.
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NewsWest Marine hires chief marketing officer
US retail chain West Marine has named Aaron Carpenter as its new chief marketing officer.
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NewsExecutive appointment at KVH
Middletown, Rhode Island-based mobile connectivity supplier KVH Industries Inc has named Ken Loke vice president-Asia Pacific.
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US builder turns to solar-powered manufacturing
Scout Boats, a US-based builder of sporfishing boats, has started to generate clean renewable energy to power its manufacturing facility in Summerville, South Carolina.
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NewsRecord registration for 2019 Cannes show
The organisers of this year’s Cannes Yachting Festival have announced that exhibitor registration is already 8% up over last year’s figure. According to Reed Expositions, 529 boats over 10m in length will be making an appearance on water, including 119 sailboats and 410 motorboats – 7% more than last year.
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NewsNew president named for White River Marine Group
Springfield, Missouri-based White River Marine Group, the marine manufacturing division of retail giant Bass Pro Shops, has confirmed that Zach Kauk will succeed retiring president Les Crawford effective September 1.
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Nor-Tech doubles manufacturing space
A recent 50,000sq ft expansion in manufacturing space has US boatbuilder Nor-Tech looking for a 30% increase in production, and it hopes, corresponding sales. The move is designed to make production more efficient.
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NewsPrincess Yachts revamps Australian dealership
Princess Yachts announced at the Sanctuary Cove International Boat Show (SCIBS) that it has set up a new venture to handle its distribution in Australia. Princess has joined forces with Greg Haines, who has worked with Maritimo for a number of years.
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NewsNew owners for Marathon Boat Group
US boatbuilder Marathon Boat Group (MBG) has been acquired by Chicago-based private equity firm Altair Investments Inc. Terms of the transaction were not disclosed.
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NewsCorrect Craft acquires Merritt Precision
Milling company Merritt Precision is the latest acquisition by Correct Craft, which says in a company statement that the Florida-based maker of plugs for the marine, automotive and aerospace industries will be integrated into Correct Craft’s Watershed Innovation subsidiary and function as a standalone business.
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NewsD-Marin to manage Dubai marinas
D-Marin, one of the biggest marina chains in the Eastern Med, has taken over the management of three marinas – Al Seef, Marasi and Jaddaf Waterfront in Dubai
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2018 US boat sales highest in a decade
As the unofficial start of the US boating season gets underway this holiday weekend, the National Marine Manufacturers Association (NMMA) reports that new powerboat sales for 2018 increased 4% over the previous year to 276,000 units, the highest level in 11 years.
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NewsTexas poised to give yacht owners US$2.3m tax break
Calling it “more of a jobs bill” than a tax break, Texas State Senator Larry Taylor’s bill that would cap the amount of sales tax on boats up to 115ft at US$18,750 has moved one step closer to passage, which is expected and could cost the state US$2.3m over two ...
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Ocean Link diversifies yacht-service offerings
Ocean Link Inc, a marine plumbing specialist based in Portsmouth, Rhode Island, has been certified by Germany’s Böning Group to sell, service and install ship automation products for yachts.
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NewsSuperyacht Tenders & Toys opens Monaco division
The UK’s Superyacht Tenders & Toys (SYTT) has launched a watersports toy rental service in the Med. Based in Monaco, the new division was created in response to rising consumer demand. It also offers SYTT a base outside the UK in the midst of uncertainty surrounding Brexit, the company claims.
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NewsAzimut Yachts appoints Australian dealer
Italy’s Azimut-Benetti Group has named d’Albora Marine as its exclusive Azimut dealer for Australia. The brand was previously represented by 5 Star Motor Cruisers.
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NewsTariffs take toll on US firms
How two very different boating companies are impacted in different ways by the Trump administration’s tariff on Chinese goods
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