Market News – Page 345
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NewsAustralian Boating Festival draws 20,000
Held instead of the cancelled Sanctuary Cove International Boat Show (SCIBS) which was scheduled for May 2020, the inaugural Sanctuary Cove Boating Festival was held over three days last weekend.
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NewsBarnacle Systems appoints exclusive UK distributor and global sales agent
Barnacle Systems, the Canadian manufacturer of BRNKL boat security and monitoring products, has chosen Global Distribution Solutions (GDS Ltd) to serve as its exclusive UK distributor and global sales agent.
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NewsGulf Craft launches third Majesty 122
The third 37m Majesty 122 was launched last week by UAE-based yacht builder Gulf Craft in a private ceremony attended by the owners and company officials.
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NewsObituary: Frank Butler
Frank Butler, president and CEO of US-based sailboat producer Catalina Yachts, passed away on November 15 due to unexpected complications from a recent illness.
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NewsCanados sells first Gladiator 631 Next
Italian boatbuilder Canados has sold its first Gladiator 631 Next. The new 19.4m model is currently in build at its Rome-based shipyard and is due for delivery in April 2021.
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NewsPolaris CEO Scott Wine to step down December 31
Minnesota, US-based powersports equipment and boat manufacturer Polaris Inc announced late Tuesday that chairman and CEO Scott Wine will leave the company at the end of this year.
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NewsRescue statistics suggest increase in UK boating
The Royal National Lifeboat Institution attributes growth in watersports to Covid-19
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NewsKey Canadian P&A distributors merge
Former Mermaid Marine general manager Ron Savidant will serve as president of Maritime Marine Supply when it begins operations in January The two largest wholesale parts and accessories distributors in eastern Canada have announced plans to merge operations and operate as a single entity, effective January 2021. ...
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NewsUS posts second highest monthly boat sales in 10 years
After a brief respite in July and August, US new boat sales took off again in September, nearly beating the highest monthly sales in more than a decade.
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NewsUK couple sue boatyard over alleged faults on yacht
The purchase of a Danish-built X4.3 yacht by two London-based financial executives from the brand’s UK dealership in Hamble and allegations of faults may result in a full trial later this year if a settlement between the two sides cannot be reached. The case has appeared in a number of ...
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NewsUS component supplier continues on acquisition path
US-based component manufacturer Patrick Industries announced it has completed the acquisition of Geremarie Corporation, the fifth addition to its business portfolio this year
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NewsMilwaukee Boat Show to make way for hospital beds
The authorities operating the Wisconsin State Fair Park have informed ShowSpan Inc, the organisers of the Milwaukee Boat Show, that the venue will be required for medical use by the State of Wisconsin in January and February in order to house hospital beds.
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NewsBaltic states look to boost boating sectors
Latvia, Lithuania and Estonia all looking to capitalise on yachting infratructure investment
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NewsFirst virtual Balearic Yacht Show starts tomorrow
The first virtual yacht show in the Balearic Islands opens tomorrow, bringing together thousands of professionals from the industry in one virtual meeting organised by the Chamber of Commerce of Mallorca and the Balearic Marine Cluster.
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NewsTrade, tariffs and the environment likely lead Biden agenda
While getting control over the rapidly escalating Covid-19 infection rate and accompanying economic woes will be his new administration’s number one priority, the environment, trade and tariffs are likely to be among the top agenda items of the incoming Biden administration, according to a panel of marine industry Capitol Hill ...
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NewsSirena Yachts celebrates 60th yacht sold, appoints Croatian dealer
After presenting the first Sirena 64 at the Düsseldorf Boat Show in 2017, Turkish shipyard Sirena Yachts has announced the sale of its 60th yacht – a Sirena 88. The company has also introduced a series of design upgrades and technical tweaks to the Sirena 58 and Sirena 64 models, ...
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NewsHakvoort Shipyard receives ‘Royal’ designation
Dutch King Willem Alexander has granted superyacht-builder Hakvoort Shipyard the designation ‘Royal’ to mark its 100 years of service.
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NewsSardinian marina put up for sale by Italian state-owned investment agency
One of Sardinia’s leading marinas has been put up for sale as an investment opportunity by the Italian state-owned Invitalia agency which deals with investments and enterprise development. Marina di Portisco, which offers 589 berths for yachts up to 90m (295ft), is located on the Gulf of Cugnana in Olbia ...
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NewsNumarine delivers two more 26XP expedition yachts
Numarine, the Turkish builder of high-performance motoryachts, has delivered two more 26XP expedition yachts to clients from Turkey, bringing the total number of units delivered from this series in just three years to 10.
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NewsCanadian boat operator license sales up 75%
New data released by the Canadian government quantifies unprecedented demand for boat operator licenses in 2020
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