Market News – Page 253
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NewsTag Yachts SA yacht deposit allegedly used to pay back investor loan
Around R9m (US$590,000) intended for a new yacht built was diverted to pay back a UAE businessman
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NewsDometic continues pursuit of power solution companies
Swedish equipment maker agrees to acquire Italian firm
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NewsUK to reconsider £1bn ‘super peninsula’ plan
Proposed development on Portsmouth coast would create around 2,000 marine industry jobs
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NewsDutch builder moves into bigger space as orders soar
New 7,000m² site has buildings equipped with 12 overhead cranes
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NewsSunseeker unveils new 90 Ocean imagery
The 27m yacht is the largest in the UK builder’s ‘Famous Five’ range
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NewsArksen appoints sales and marketing director
Dominic Byrne joins UK builder with immediate effect
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NewsDutch composites specialist forms Italian subsidiary
The move is in response to ”exceptional and growing demand” for composite products in that part of Europe
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NewsUS builder reports 115% jump in retail sales at FLIBS
The company displayed 10 models at Ft Lauderdale last month
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NewsYARE 2021 serves refit industry well
The 11th Yachting Aftersales & Refit Experience took place last month in Viareggio
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NewsWith record sales, Raymarine begins recruitment drive
Marine electronics firm restructures senior management team
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NewsMercury Marine named CES Innovation Award honoree for second year running
The V12 Verado outboard was singled out for its exceptional fuel economy and range
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NewsGehr GmbH expands management team
Antonia Gehr to take on executive role at German yacht interiors specialist
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NewsHerley Boats appoints exclusive NZ distributor
EuroCity Marine to distribute Herley powerboats and cats throughout New Zealand
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NewsMDL Marinas installs electric boat chargers at five UK marinas
UK marina group teams up with Aqua superPower to offer the service in Britain
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NewsThe Boat Works invests further in marine infrastructure
Australian superyacht facility continues to expand
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NewsFirst Spirit 30 electric yacht handed to new owner
The 9.5m sailing vessel is Spirit’s most sustainable yacht to date
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NewsMasterCraft records most profitable Q1 in company history
Record unit sales, net sales, net income and adjusted EBITDA highlight “extraordinary” Q1 for US boatbuilder
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NewsThe Italian Sea Group in major expansion drive
Multi-million euro investment as it looks to extend the size of superyachts it can build
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News
UAE businessman testifies in trial of TAG Yachts MD
Van der Steene and his former financial director face charges of fraud totalling R27m
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