Market News – Page 281
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Spradling acquires assets of US competitor
The agreement strengthens Spradling’s presence in the US Midwest and Southeast
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Another Balance milestone with launch of first 482; update on St Francis fire damage
The launch is welcome news for the South African yard which earlier this month lost two hulls from their 526 line in a fire
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US$38m loan secured for California hotel marina
Full service hotel to include 181-slip marina in Redondo Beach
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Malta marina concession declared invalid following blunder
The building of a new yacht marina in Xemxija Malta, already some 17 years in the making, will need to start again
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Brisbane 2032 Summer Olympics win seen as boost for Australian boating sector
Anticipated to draw good number of superyachts to city and gold Coast
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2022 Hutchwilco New Zealand Boat Show confirmed for May
To be held at the Auckland Showgrounds in Greenlane on May 12-15
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MarineMax reports record Q3
US boat retail group reports revenues up by 44% for nine months into fiscal 2021
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Saudi Arabia encourages foreign flag yachts to visit for cruising
Entry licences provided very quickly through Jeddah Operations Centre
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Gold Coast City Marina & Shipyard superyacht haul-out capacity boosted; outlines future plans
Major new expansion plans in pipeline
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Fairline Yachts expanding head count to meet demand
Just one year after cutting 240 jobs due to Covid and market uncertainties, the UK builder is on a hiring spree
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UAE real estate group invests $2bn+ in Albania project to include major new marina
What promises to be the Adriatic’s biggest marina at centre of huge development
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Polish Yachting Festival - review
The second edition of the largest exhibition of vessels on the water in Poland - POLBOAT Yachting Festival - proved a hit over its four day run from July 15
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Berthon USA appointed Solaris dealer for US northeast coast
Solaris 50 in build for American client
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Palm Beach announces plans to reopen newly renovated superyacht marina
$40 million upgrades and improvements will transform classic docks, ready for November opening
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Volvo Penta outpaces Group earnings
Strong demand continued to fill the company’s order books in Q2, while supply chain shortages hampered production and deliveries
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Pendennis Shipyard wins ‘Apprentice Employer of the Year’ award
Award coincides with 14 new apprentices starting
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Six bidders express interest in new Greek marina concession
New marina also opened at Benitses in Corfu
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New marina to be opened in Spain’s Andalusia
Latest development part of a string of marina investments underway along Spain’s southern coast