Market News – Page 331
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US regional boat shows: On again, off again
2021 viewed as a transition year; events that go ahead see success but dealers everywhere are struggling with inventory issues
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Brunswick launches on-water training program
Brunswick Corp today announced the launch of BoatClass, an immersive on-water training program designed to teach boating safety and assist boaters in gaining confidence on the water.
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Oslo indoor boat show cancelled
The 2021 Oslo International Boat Show, due to have been held in March, has been cancelled.
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Anger over Sydney marina expansion
More than 1,200 people sign online petition opposing redevelopment of Gladesville Bridge Marina
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Oceanic Systems makes key promotion
Oceanic Systems (UK) Ltd, manufacturer of NMEA2000-based alarm, display and control systems for leisure and commercial vessels, has promoted Ryan Pannell to the main board of directors as engineering director.
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Polish city unveils new US$13.5m marina project
The Krakow facility will be located the shore of the Vistula River
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ASA Electronics revamps company websites
Marine audio equipment manufacturer ASA Electronics in the US has entered the new year with four new websites.
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US America’s Cup team will continue following capsize, Team NZ to assist
A dramatic, high-speed capsize and near swamping in preliminary America’s Cup racing has left US challenger Patriot damaged, with team America’s Magic vowing a return to the competition, and Team New Zealand vowing to help make sure that happens. Patriot has a huge hole in the hull to be fixed ...
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New CEO at Norboat
Magnus Ryhjell has been appointed CEO of Norwegian boating industry association Norboat. A lifelong boater, he took over the role from Leif Bergaas on January 1st.
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AkzoNobel, PPG launch rival bids for Finnish paint maker
Tikkurila has paints and coatings operations in 11 countries
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German Boat and Shipbuilders’ Association registers UK yards
The DBSV can issue British yards the Manufacturers Identity Code (MIC) needed to export boats and yachts to the EU
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Obituary: Neil Fernando
One of the veterans of the marine industry in Sri Lanka, Neil Fernando, sadly passed away on January 9th at the age of 83.
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Sunseeker posts 2019 gains
Financial accounts for UK boatbuilder Sunseeker International filed this week show the builder doubled its profits on a modest gain in revenues in 2019; significant financial restructuring will allow the company to carry forward with a launch plan to extend its range to 20 models.
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MZ Electronic acquires Italian propeller firm
Italy-based MZ Electronic has announced the takeover of Italian propeller manufacturer Progetto Elica for an undisclosed sum.
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Marina resort planned for downtown Stuart, Florida
The proposed Sportfish Marina Resort would be located on the St Lucie river
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Appointment at Avalon & Tahoe
Michigan, US-based pontoon boat manufacturer Avalon & Tahoe Mfg Inc recently appointed Duane Dinninger as president.
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Norwegian boat share company introduces first high-speed electric boat for the masses
Kruser’s Hydrolift E-22 has been adapted to fit Evoy’s electric outboard
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Nautor’s Swan enters powerboat sector
The new Swan Shadow heralds the renowned Finnish sailboat builder’s first foray into the motoryacht market
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Derecktor’s US$6.5m megayacht lift takes shape over Port of Ft Pierce
Derecktor Ft Pierce shipyard in Florida is hoping for a May completion of its US$6.5m, 700-tonne megayacht lift – what it’s calling the world’s largest – currently arriving in pieces from the manufacturer in Italy. That would mark the one-year anniversary of the New York-based company’s US$37m, 30-year contract to ...
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Dutch distributor undergoes management buyout
Dutch firm announces managment buyout with investment backing