Market News – Page 342
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Patrick Industries adds Taco Metals to the fold
US-based component manufacturer Patrick Industries announced it has completed the acquisition of US-based Taco Metals, the second acquisition in two weeks and sixth this year
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Poland invests in new marinas
The municipality of Puck in northwest Poland has secured around PLN 7.4m (US$2m) from the regional authorities to co-finance its PLN 31m (US$8.2m) project to build a new marina on the shores of the Baltic Sea. The facility will increase Puck’s berthing capacity by some 100 craft, with construction work ...
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Asian superyacht builders win awards
Two of Asia’s leading yacht-builders, Horizon Yachts from Taiwan and Heysea Yachts from China, have both won awards in recent days.
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Inmarsat takes on Speedcast’s maritime customer contracts
The move comes as Speedcast looks to emerge from Chapter 11 proceedings in the US
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Hill Robinson Group expands with rebranding and management appointments
Moravia Yachting relaunched to offer retail charter and brokerage services
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boot Düsseldorf to make a statement regarding show dates on Thursday
The organisers of boot Düsseldorf are aware that rumours have been circulating that the January show has been postponed until later in the year. Messe Düsseldorf said they wished to make it clear that any supposition about a new date is purely speculation and it should not be taken as ...
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Balearic show organiser says virtual event had global reach of more than 1 million
First virtual boat show in the Balearics meets expectations with over 200,000 page views
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Advice forthcoming about rule changes due to Brexit
Guidance on yacht transporting and trading from British Marine and Peters & May
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Toronto Boat Show reveals details on virtual 2021 event
Forced to cancel its traditional in-person event due to the continuing Covid-19 pandemic, organisers of the Toronto International Boat Show (TIBS) have released details of a new virtual event to be held from January 18-24, 2021.
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Boarnstream becomes Netherlands dealer for Spain’s Rodman Group
Boarnstream has been named dealer for the Netherlands for the fast leisure boats of Spain’s Rodman Group. The Dutch builder says it “has long been looking for a high-quality brand” to broaden its offering of motoryachts.
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New Cape Town facility for Hammer Yachts after CarboTech exit
SA builder moves to facility under new name Hammer Yachts PTY Ltd, following unexpected death earlier this year of veteran builder Uwe Jaspersen
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Canary Islands opposition calls for community to accelerate €8.5m marina project
Opposition politicians want regional authorities to take over marina investment
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X-Yachts launches new X5⁶ model
Danish builder X-Yachts launched the new X5⁶ for the first time yesterday, last evening, putting her afloat for the first time. The new X56 model afloat for the first time ”It was a tremendously glorious sight to see the new beauty hit the water,” stated Thomas Mielec, ...
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2021 Helsinki Boat Show rescheduled to 2022
The 2021 Helsinki International Boat Show (Vene 21 Båt) has been rescheduled to 2022 on account of the ongoing coronavirus pandemic.
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MDL Marinas to invest £60m over next decade on improvements
The investment will be spent on upgrading facilities, new marina hardware and the provision of services
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Gulf Craft launches "world’s largest" composite yacht
Delivery of the Majesty 175 is scheduled for March 2021 Gulf Craft, the Middle East’s largest yacht and boat builder, has launched the Majesty 175 – the world’s largest composite megayacht currently in production, the yard claims. Gulf Craft chairman Mohammed Hussein Alshaali told IBI’s Middle East ...
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Investors bidding to build new Malaga marina
Bids are reportedly coming in from specialist investors in maritime construction projects to develop the new 500-berth San Andrés marina in Huelin, Malaga, around 50km northeast of Marbella on Spain’s Costa del Sol.
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Malta claims to have world’s largest superyacht register
In a press conference given by Maltese Minister for Transport, Infrastructure and Capital Projects Ian Borg, it was stated that Malta now has the largest superyacht register worldwide. There are 850 vessels over 24m (78.5ft) on the Maltese register, a 7% increase since the end of 2019.
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WRF introduces superyacht sustainability database
The Water Revolution Foundation, an Amsterdam-based non-profit determined to make the global superyacht industry more sustainable, has crafted a green solutions database that will be deployed in the months ahead.
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Florida marine industry sees one of its own elected to State House
The voice of the recreational marine industry in the Florida House of Representatives just got louder with the election of a local boat club executive, who ran on a platform of clean water, climate-related sea level issues and infrastructure, beating out three experienced political opponents by – in keeping with ...