Market News – Page 313
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Southampton show organiser reveals new layout, changes to 2021 event
UK trade association British Marine, organiser of the Southampton International Boat Show, has confirmed that Britain’s biggest festival of boating will be returning to Mayflower Park this year (September 10-19) with a bold new layout and several other changes to enhance the visitor experience. Working in partnership with Southampton City ...
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NMMA lobbying legislation to ‘lift all boats’
Groups from a wide variety of industries are now active on legislation they would normally ignore
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Michigan Wheel expands presence in Italy
UK-based Michigan Marine Propulsion has chosen power specialist VTE Marine (VTE) to distribute their Michigan Wheel-branded outboard and sterndrive propeller ranges in Italy. VTE Marine is owned by VTE Srl, manufacturer of Paguro generators. “The time is right to expand our presence in Italy with the increased demand we are ...
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Israeli broker appointed representative of Germany’s YYachts
YYachts are built at the Greifswald yard owned my Michel Schmidt, the former CEO and founder of of HanseYachts Israeli company Ofek Yachts was recently appointed as the Israeli and Cyprian representative of Germany’s YYachts, the Israeli broker told IBI this week. YYachts are built at Michael ...
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Fairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019
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Arksen sells first 85 Explorer, two more to be built on spec
Project Ocean due for delivery in spring 2022
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Partnership clears last hurdle toward Dana Point revitalisation
The project is expected to be completed in 2026
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ENATA launches first Foiler with Royale Cabin layout
New layout features a front cabin and luxurious sofa at the stern UAE-based ENATA Industries has launched the latest in its Foiler flying yacht series. Known as the Royal Cabin model, it combines ENATA’s foiling technology with a new layout that features a front cabin and a ...
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INEOS Team UK to challenge for 37th America’s Cup
Royal New Zealand Yacht Squadron accepts challenge
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Superyacht burns and sinks off Key West
La Dolce Vita burned to the waterline and sank in shallow water A clean-up is underway after a 100ft-long motoryacht caught fire near the Marquesas Keys, a designated wildlife refuge around 20 miles to the west of Key West in Florida. The yacht is reported to be ...
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Maritimo focuses on US with major commitment at next week’s Palm Beach show
Tom Barry-Cotter announces eight new models for 2021
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‘Made in Britain’ designation valued at £3.5bn a year to UK businesses
Freeport choices could also help UK marine leisure industry in post-Brexit initiatives
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Applied Underwriters acquires UK yacht insurance firm
Acquisition fits with Applied Underwriter’s long-term growth strategy of investing in niche insurance areas
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Sanlorenzo confirms 2020 results and profitability
Italian yacht builder Sanlorenzo approved draft financial statements for 2020, revealing strong profit gains on stable revenues and a growing backlog
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Boatbuilders join Volvo Penta online for assisted docking launch
Automated docking system webcast features appearances from Beneteau, Azimut Benetti and Tiara executives
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Osculati hires new sales manager
Francesco Caramaschi joins Italian marine accessories firm with immediate effect
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Honda, Toyota halt North American production as supply chain woes worsen
Decades-old infrastructure issues made worse by security precautions
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Aussie yacht charter firm expands into refit, brokerage
Ahoy Club adds to its portfolio of offerings
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Too much business sinks Brisbane show
The (Australian) Boating Industry Association Ltd (BIA) has postponed the Brisbane Boat Show until 2022. This is reputedly due to the significant increase in demand for new trailer boat and watercraft resulting from the ‘staycation’ phenomenon outcome of Covid-19. The show was due to have been held from 20-22 August. ...
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