Latest News – Page 10

  • Majesty 140

    Majesty 140 wins ‘Best in Show’ Award at FLIBS


    In a unanimous decision by the judges at the Ft Lauderdale International Boat Show (FLIBS), the Best in Show Award went to the Majesty 140, built in the UAE. This is the first time Majesty Yachts has exhibited at FLIBS.

  • FLIR Group

    FLIR reports mixed bag for Q3


    FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.

  • Cranchi Oz

    Italian builder expands Down Under


    Italian boatbuilder Cranchi has appointed a new dealer and distributor for Australia. t|d Terence Dean, which is based in Melbourne’s Docklands at New Quay Marina West, has been involved in second-hand sales and brokerage for a number of years. However, this is understood to be their first dealership for an ...

  • ctshow-messe

    SA’s first Superyacht Training Academy opens in Cape Town


    South Africa’s first-ever Superyacht Training Academy has officially opened in Cape Town.

  • Hanse's Fjord

    Hanse Yachts reports record turnover

    2019-10-31T15:30:00Z IBI , by Arlene Sloan

    Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008

  • Martin Bjuve and Ron Huibers

    Volvo Penta Americas president to retire


    Volvo Penta Americas president Ron Huibers has announced that he will retire, effective January 1, 2020.

  • News

    British boating magazines sold as part of £140m deal


    TI Media (the former IPC Media Group and later Time Inc UK) has been sold by the Epiris private equity company to Future PLC, a UK-based publisher of consumer magazines and websites.

  • CES show

    Brunswick to preview ‘Future of Boating’ in Las Vegas


    US-based Brunswick Corporation will make a splash in the new year as a first-time exhibitor at the 2020 Consumer Electronics Show (CES) – the world’s largest electronics and technology show, well-known for the introduction of cutting-edge innovations each year

  • Frigomar wins BMEE Award

    Frigomar wins BMEEA Award


    Italian HVAC specialist Frigomar has announced that its high-performance BLDC variable-speed, self-contained unit inverter was recently named Product of the Year by the British Marine Electrical Electronics Association (BMEEA).

  • Mastercraft CEO Terry McNew

    Executive leadership changes at MasterCraft


    Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.

  • RSYC

    New SY berths for Singapore yacht club

    2019-10-31T10:45:00Z IBI , by Mike Derrett

    As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths

  • LY 650

    Marquis unveils revamped line, Lexus LY 650 at FLIBS


    The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.

  • Beneteau sailboat

    Beneteau shares drop 16% on news of lower growth & profitabillity

    2019-10-30T17:44:00Z IBI , by Arlene Sloan

    The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...

  • Ecoworks

    Ecoworks Marine enters US market


    Ecoworks Marine, a UK manufacturer of environmentally friendly cleaning products for boats and yachts, has chosen Pragati Yacht Services to distribute its brand on the US market.

  • X-Yachts

    X-Yachts buys Swedish powerboat builder


    Danish sailboat producer X-Yachts has entered the powerboat market with the acquisition of HOC Yachts in Sweden.

  • Garmin Echomap UHD

    Garmin releases strong Q3 results


    Switzerland-based Garmin Ltd has reported strong sales for its third quarter, driven by growth in its aviation, fitness, outdoor and marine divisions.


    Strong turnout for 2nd Abu Dhabi show


    The second edition of the Abu Dhabi International Boat Show (ADIBS) attracted considerable visitor numbers despite a difficult market. According to the organisers, ADIBS, which concluded on October 19, attracted 26,000 visitors and 284 exhibiting companies from 27 countries. The show was organised by and held at the Abu Dhabi ...

  • News

    New marina planned for German island


    With plans to overhaul the marine infrastructure of Germany’s Heligoland island in the North Sea, local authorities are planning to build a new marina with more berthing capacity than the existing marina which currently accommodates around 120 boats.

  • Inmarsat's Fleet One on a Beneteau yacht

    Inmarsat takeover gets green light


    The UK government has given its approval for the £2.6bn takeover bid for Inmarsat, the UK’s largest satellite company, to go ahead. Inmarsat is a leading player in the maritime communications sector, including yachting where it is currently looking to grow its involvement.

  • Toronto 2016

    NMMA buoyed by latest US consumer confidence data


    Newly-released data for October shows consumer confidence remains high in the US, in spite of overall indications of a slowing economy.