Market News – Page 341
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NewsDerecktor Shipyards’ Fort Pierce project advances with ground-breaking ceremony
Breaking ground at Derecktor Fort Pierce The multimillion-dollar investment being made by Derecktor Shipyards to transform the 100-year-old port of Fort Pierce in Florida into a state-of-the-art superyacht refit and repair yard has recently moved forward with a ground-breaking ceremony. After a lengthy permitting and review process, ...
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NewsBoston Whaler extends Dauntless line
The Dauntless 220 and 250 (pictured) feature an 18-degree deadrise and a full-beam aft casting platform Among a cadre of Americans of a certain age, the word “boat” conjures images of the Boston Whaler Dauntless, often the first vessel a young boater would skipper. Building on that ...
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NewsItalian yacht-builder opens Australian office
Italy’s Cantiere delle Marche (CdM) has announced the opening of a new Australian office.
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NewsOneWater to acquire Tom George Yacht Group
US-based OneWater Marine and the Tom George Yacht Group (TGYG) should close on a deal before the end of the year for the former to acquire the latter. The acquisition will expand OneWater’s presence on the Florida Gulf coast along with yacht brokerage service and the number of boat brands ...
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NewsPhuket accepting superyachts subject to quarantine rules
Foreign-flagged yachts can still visit Thailand if they can meet or undergo quarantine rules after arrival
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NewsSharrow Marine to build new manufacturing headquarters in Detroit
Sharrow Marine has announced plans to build its global manufacturing headquarters for the award-wining Sharrow Propeller in Detroit, Michigan.
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NewsInvincible hires export sales specialist
Invincible Boat Company in the US has appointed Oliver Huntsman to the position of export sales specialist.
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NewsSuzuki’s Thai factory produces one-millionth outboard
The plant manufactures 12 models of four-stroke outboards from 2.5hp-30hp
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NewsThailand to remain closed to general tourism until at least the second quarter of 2021
It will be March 2021 at the earliest until there is any semblance of general tourism to Thailand, according to the Thai Minster for Sports and Tourism, Pipat Ratchakitprakan. The minister’s outlook wipes out any hope of any tourism resurgence for the 2020/2021 high season. The Thai Hotel Association and ...
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NewsFairline takes boat configurator to the next level with bespoke video illustration
Following the launch of Fairline Yachts’ F//LINE 33 configurator site, the brand has unveiled phase two of the platform, where users receive a fully bespoke, personalised video of their configured boat in action.
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NewsWhisperPower opens new Spanish office
Dutch power and propulsion specialist WhisperPower has announced the opening of a new Spanish office and warehouse in Ganida, near Valencia. As of December 1, 2020, WhisperPower Iberica will operate an independent and dedicated sales and service centre to aid current and future customers in Spain and Portugal.
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News2021 Stockholm boat show cancelled
The Stockholm International Boat Show (Allt för sjön), planned for March 5-14, 2021, has been cancelled. Instead, an app will be available for an online experience with all important boat information and news gathered in one place, free for users to download.
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NewsAppointment at MarineMax
MarineMax has named Julie Balzano as its new brand marketing manager, with responsibility for its Galeon, Aquila, Azimut, and MarineMax Vacations portfolios.
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NewsDrettmann Yachts celebrates 50 years of yacht sales
Drettmann Yachts, a name long associated with the German yachting sector, has reached a milestone in 2020 in that it has been active in the yacht sales market for half a century.
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NewsAquafax expands sales team
UK-based marine equipment distributor Aquafax has expanded its sales team with the appointment of Harry Heasman as head of sales.
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NewsCanadian government proposes licensing changes for boats, boaters
Transport Canada soliciting industry comment on proposed licensing amendments and fees for both pleasure boats and pleasure boaters
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NewsKorean Air to sell yacht marina for US$117m
A Korean investment group has signed a memorandum of understanding to acquire Wangsan Leisure Development, operator of Wangsan Marina, from Korean Air Lines for approximately US$117m. Consus Asset Management and Mirae Asset Daewoo announced the memorandum on Monday, as Korea Air Lines moves to divest assets as part of its ...
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NewsNew appointments at China Boat Industry and Trade Association (CBITA)
CBITA has successfully completed the new appointments to its management board. The organisation and leadership structure of the Fifth Council of the China Boat Industry and Trade Association is as follows:
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NewsMichigan dealer expands with a focus on first-time boat buyers
A successful Michigan boat dealer is riding a wave of demand for boats by opening a third location that will focus on the first-time and entry-level boat buyers. Grand Bay Marine, founded in Traverse City in 1997, is converting a former freight warehouse into a 20,000sq ft showroom and pro ...
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