Market News – Page 327
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Appointment at Hempel Group
Lyngby, Denmark-based yacht and marine equipment coatings manufacturer Hempel Group has named Alexander Enström to head up the company’s new global marine organisation.
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Hexcel receives DNV GL Type Approval
Hexcel, the US supplier of advanced composite materials to the marine and other markets, has announced that its HexPly M9 prepreg materials have obtained Type Approval Certification from DNV GL.
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New Sparcraft South Africa co-owner eyes US market
Chris James has taken over management duties of the Cape Town mast producer
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Key promotion at Ocean Safety
Ocean Safety, a UK-based specialist in the worldwide supply, distribution, service and hire of marine safety equipment, has promoted Max Wilson to south west area commercial account manager.
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Nakashima Propeller makes management changes
The Nakashima Propeller Co based in Okayama City, which since 2013 has had an investment stake in the US company Michigan Wheel, has announced changes in its management structure effective from today.
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Moscow confirms boat show will proceed; Prague less certain
Crocus Expo, the organisers of the 14th Moscow Boat Show, today confirmed that this year’s show should take place in the Crocus Centre from 4-7 March as planned. The show regularly attracts over 300 exhibitors and 25,000 visitors. Meanwhile, the ABF exhibition company in Prague is waiting to make an ...
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Greece to introduce e-charter agreement
Initiative designed to protect against unfair competition and illegal chartering
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Dutch invest €91m to make inland shipping more sustainable
On January 1, IMO rules on reducing NOx emissions took effect for all large vessels
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Boat Fix signs supply agreement with Vision Marine technology
Connecticut, US-based Boat Fix has signed a new supply agreement with Vision Marine Technologies (VMT) to provide white-labeled telematics solutions that will be included in the company’s 2021 model year electric boat products.
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Osmotech UK undergoes company restructure
Osmotech UK, a leading yacht refit and repair yard on Britain’s south coast, has restructured following the recent appointment of a new sales director to take the group forward.
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Norwegian firms to produce world’s fastest production electric boat?
New electric boat to launch this spring
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Zhik appoints Dutch distributor
Kubus Sports will represent the company in the Netherlands and Luxembourg
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Biden initial environmental policy has minimal impact on boating
The NMMA ended 2020 with significant momentum on the federal level, which members were hoping to build on in 2021
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AkzoNobel formalises €1.4bn bid for Finland’s Tikkurila
Acquisition must now be approved by Tikkurila shareholders
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Twin Disc fiscal second quarter down 18%
More production will shift to the company’s new Lufkin, Texas facility
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Spanish refit yard launches TPA service for non-EU vessels
Spanish refit and repair yard Varadero Valencia has launched a new TPA tax management service that allows non-EU owned and flagged vessels to avoid paying 21% VAT on repairs and maintenance, regardless of whether they are clients or not.
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Caterpillar reports tough Q4, full-year 2020 results
Lower end-user demand and reduced dealer inventories responsible for sales drop
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Scottish government launches £2.5m ‘Marine and Outdoor Tourism Restart Fund’
Sail Scotland to share in delivering the fund
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Princess X95 receives UK’s first RCR certificate of conformity
The UK’s Princess Yachts has become the first boatbuilder to receive a UKCA RCR certificate of conformity from HPi-CEproof for its Princess X95 model.
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Appointment at Lippert
Indiana, US-based parts and accessories manufacturer Lippert has named Ryan Smith as group president with responsibility for the company’s North American OEM businesses.