Latest News – Page 725
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NewsDutch SY builder acquires new build halls
Dutch superyacht builder Oceanco has acquired two large build halls from Heerema Fabrication Group, a builder of offshore constructions that has fallen victim to deep cuts in investments in the oil and gas industry.
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NewsSABBEX names new board members
The South African Boatbuilders Export Council (SABBEX) has appointed two new board members amidst a push to make the local industry more racially diverse.
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NewsBrunswick to sell Life Fitness division
In a move to solidify its position as a pure marine company, Brunswick Corp announced it has entered an agreement with the private investment firm KPS Capital Partner LP for the sale of its Fitness division for US$490m.
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NewsCanada’s tariff concession just part of the plan
The Canadian government’s lifting of retaliatory tariffs on boats manufactured in the US was welcomed and appreciated by both countries’ boating industries, but it was no accident according to one official involved in the process.
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2nd TYBA Yacht Charter Show starts soon
The Turkish Yachting & Brokers Association (TYBA) is to host the 2nd TYBA Yacht Charter Show in Bodrum from May 9-12 at Yalıkavak Marina.
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Balmar appoints Swedish distributor
US-based Balmar DC Charging Solutions has appointed Start & Generator as its distributor for Sweden.
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NewsHigher Q2 revenues, profits for Johnson Outdoors
Higher revenues and operating profits highlighted second-quarter results for Racine, Wisconsin-based marine equipment manufacturer Johnson Outdoors Inc.
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NewsMemories Group considers expanding Myanmar marine infrastructure
The Singapore-listed Memories Group is considering expanding its marine activities in Myanmar with the possible development of a marina and shipyard. The new projects would support the group’s initial marine-related investment made in 2018 with the acquisition of Burma Boating.
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NewsMercury Marine breaks ground on US$17m propeller expansion
Mercury Marine has broken ground on a 30,000sq ft, US$17m addition to its propeller casting facility in Fond du Lac, Wisconsin that will nearly double the current capacity for stainless steel propeller production.
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NewsCanada rescinds 10% tariff on US-made boats
Removal of retaliatory tariffs seen as a critical first step toward elimination of US section 232 tariffs and ratification of USMCA trade agreement
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NewsThailand shipyard to build new superyacht catamaran
Eco-friendly Waka 80 project said to raise the bar
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Damen Group strengthens yacht-related branding to reflect full spread of interests
Stronger identity for yachts within global ship services group
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NewsJeanneau strengthens presence in Brazil
French builder presents two new sailing boats at Rio Boat Show
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NewsReclamation project set to impact boating businesses and SY berthing in Gibraltar
Marine businesses will have to be relocated following green light for reclamation of Gibraltar dockyard area
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Greece begins proposal process for sale of marinas on Mykonos and Rhodes
Two concession opportunities are expected to draw wide interest
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News12th edition of the Korea International Boat Show opens next week hosting 241 companies
Show aims to spearhead leisure marine market development
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Navigare Yachting partners with Fraser Yacht Sales in Vancouver
Navigare Yachting brings Vancouver dealer Fraser Yacht Sales to distribution network
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NewsAl Suwaidi Marine is announced as the Gold Sponsor for the Abu Dhabi International Boat Show 2019
Al Suwaidi is expanding into African and US markets and has obtained membership status of the National Marine Manufacturers Association in the USA
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NewsUS study reveals economic impact of water-based tourism could be greater than first thought
New data from the Michigan Port Collaborative estimate boating to represent US$15.4bn in direct consumer spending
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NewsDamen Shipyards, Adriatic Marinas launch recruitment for yacht repair facility
New luxury yacht repair yard begins recruitment
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