Market News – Page 103
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Management shuffle at Balk Shipyard marks yard’s expansion plans
The Dutch superyacht builder is to open a Maritime Complex in Urk that will house a dozen companies
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Rare opportunity arises to purchase 330-berth Australian marina
East Coast Marina is on sale for first time in 43 years
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Sri Lanka Boat and Marine Show gets new venue
This year’s event will be held at Colombo City Marina
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Dominica to start marina construction in November
The Caribbean island nation’s first marina will include a repair yard and berthing for superyachts
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Intellian targets small vessel market with new satcom partnership
Collaboration with SK Telink aims to ‘significantly enhance’ satcom service for smaller yachts and fishing vessels in the Asia Pacific market
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Whitehaven Motor Yachts names new rep
Marine Riley to represent Australian motoryacht builder in New South Wales
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Capital boost for Albanian marina project
The main developer behind the Durres Yachts & Marina residential and superyacht complex has increased its capital by €7m
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Fiart appoints dealer for Benelux countries
Witsen Marine is active in refits, repairs, yacht building, storage and brokerage
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Sea-Alliance Group expands into Greece
Gibraltar-based yacht services provider opens new office in the Athenian Riviera
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US insurance broker enters yachting market
Acquisition part of Arthur J Gallagher’s international expansion plans
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New marina opens in northern Poland
The 98-berth facility in Puck was built with the use of EU funds
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Vision Marine partners with 4ocean
Canadian firm joins initiative to eliminate plastic waste from oceans, rivers, and coastlines on a global scale
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Record Q2 for OXE Marine
Swedish diesel outboard builder records highest quarterly revenues in company history driven by growth in Americas
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Ukraine builder creates duplicate facility to beat Russian aggression
Grand Inflatable Boats is now operating from a 5,000m² facility west of Kharkiv
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Tough Q2 for Patrick Industries bolstered by marine business
US equipment firm’s second quarter could have been worse save for its marine business
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Galeon launches 450 Hardtop Coupe
The 450 HTC will be making its boat show debut at Ft Lauderdale in October
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Egypt extends yacht tourist visas in bid to boost sector
The country has decided to extend the visa duration for foreign yacht tourists from one month to three
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MarineMax posts highest two-month earnings in company history
US retailer, boatbuilder and marina firm reports record quarterly revenues
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Strong Q2 for Brunswick despite June IT incident
Market share gains and improving boat sales help offset revenue impact of IT security event estimated in US$80m - $85m range
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British Marine: Boost to business confidence as industry enters its most important trading period
The UK marine industry appears to have bounced back from a brief downturn in sales