Latest News – Page 730
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NewsWestern Australia and Northern Territories vie for superyacht work
The success of superyachts cruising to the Kimberley area of northwest Australia is seeing an inter-state challenge develop between Western Australia (WA) and the Northern Territories (NT) to win the support and related opportunities of these visiting yachts.
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NewsSpanish recreational craft market posts best Q1 results in three years
Boat registrations up to 52ft make significant gains
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Rhode Island recycles fibreglass boats
With tens-of-thousands of fibreglass boats manufactured between the 1970s and 1990s coming to their end-of-life cycle, the Rhode Island Marine Trade Association (RIMTA) is hoping its Fiberglass Vessel Recycling Pilot Project (FVR) could be a solution to a growing disposal concern.
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NewsRutgerson appoints Croatian dealer
Swedish yacht equipment manufacturer Rutgerson has expanded its dealer network with the appointment of Lalizas Marina Stores as its new dealer of deck hardware in Croatia.
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NewsFerretti reports strong 2018 financials
Italy’s Ferretti Group presented its 2018 financial results in Milan today, confirming its growth and financial solidity. Total profit after tax was up 29% to €31m compared to the previous year. The consolidated production value rose to €669m, growing by 7.5% compared to €623m in 2017. EBITDA stands at €53m ...
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NewsBeneteau Americas appoints new COO
Groupe Beneteau Americas has named Yannick Madiot as its new chief operating officer for North America.
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Brunswick Boats opens Integrated Manufacturing Center
With excess capacity freed-up from the discontinuation of certain Sea Ray and Boston Whaler commercial models, Brunswick Corp has announced its Merritt Island, Florida facility is being transitioned to an Integrated Manufacturing Center (IMC) that will support “growth and development” for several Brunswick Boat Group brands.
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NewsWestrec Marinas founder dies
Westrec Marinas founder Michael Sachs died on April 11, just days shy of his 78th birthday. Sachs is survived by his wife of over 30 years, Maureen, a sister and nieces and nephews.
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NewsDMS Holland sees robust growth for its stabilisers, operating systems
Dynamic Marine Systems Holland, the Dutch maker of roll-damping systems, expects good growth in the years ahead, courtesy of a new ‘all-in-one’ stabilisation system for fast yachts.
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NewsFountaine Pajot expands in Indonesia
Yacht Sourcing, one of Asia’s fastest-growing luxury yacht companies, has been appointed by French catamaran builder Fountaine Pajot to be its exclusive dealer for Indonesia. The company will manage new sales and aftersales service in Indonesia for the French brand.
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Yamaha Propellers receives tax incentive to expand
Yamaha Marine Precision Propellers in the US has received two 10-year tax abatements from the city of Greenfield, Indiana to facilitate an expansion by the company with a new 50,000sq ft plant at a cost of US$18.3m and bringing 81 jobs.
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NewsSingapore Yacht Show attracts high-quality visitors and buyers
The 2019 Singapore Yacht Show (SYS) finished on a positive mood for many exhibitors, thanks to the sale of a number of yachts. There was generally thought to have been a smaller turnout than last year, but several exhibiting boatbuilders and dealers approached by IBI spoke of more knowledgeable and ...
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NewsPrincess Yachts anticipates record 2018 results
The UK’s Princess Yachts highlighted the importance of the Asia-Pacific market last week when three of its models – the Princess Y85, F45 and R35 – made their Asian premiere at the 2019 Singapore Yacht Show (SYS).
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NewsBarrus Marine Equipment expands
Barrus Marine Equipment in the UK has expanded its product portfolio with the addition of Navico’s Simrad and Lowrance brands.
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NewsGreen light for new Edinburgh Marina
Edinburgh Marina, Scotland’s new waterside destination development, has been granted a marine works licence by Marine Scotland. The licence paves the way for the construction of a new 373-berth marina located less than 2.5 miles from Edinburgh city centre in Granton’s Western Harbour. Once complete, it will provide 24/7 access ...
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Romanian yard secures 155m superyacht contract
Damen Mangalia, a joint venture between Dutch shipbuilder Damen Shipyards Group and the Romanian state, has secured a deal to build a 155m (580ft) superyacht for Norway’s SeaDream Yacht Club.
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NewsAustralia's largest-ever display of superyachts lined up for third Rendezvous
The 3rd Australian Superyacht Rendezvous (ASR), held from May 17-18 at Gold Coast City Marina & Shipyard (GCCM), will this year include the largest display of superyachts ever seen in the country.
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NewsGianneschi reports strong sales in Turkey
Italian pumps and blowers specialist closes deals with several Turkish yards
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NewsYamaha enters into MoU to develop autonomous-driving technologies
Yamaha Motor Co, Vietnamese information technology company FPT, and urban developer Ecopark have entered into a memorandum of understanding (MoU) to develop autonomous driving technologies that could ultimately have applications in marine environments.
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NewsAsia Boating Awards 2019 presented in Singapore
Now a regular part of the programme associated with the Singapore Yacht Show (SYS), the annual Asia Boating Awards were presented this week.
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