Market News – Page 349
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NewsGreen light for new luxury marina in eastern Crete
The construction of Elounda Hills Marina in eastern Crete, part of the Elounda Hills tourism project by developer Mirum Hellas, has been given the go-ahead following a joint ministerial decision.
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NewsSt Francis Catamarans boosts production despite recent setbacks
South African yard St Francis Catamarans is targeting the hybrid electric market as it rebounds in the wake of recent setbacks. The St Francis Bay yard has boosted production and widened its marketing network on the back of recent orders and enquiries, according to yard chief executive Rob Brennan. Brennan ...
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NewsMiami Beach voters sink marina redevelopment plan
Voters in Miami Beach have rejected the US$55m sale of air rights over the city-owned marina, effectively killing a multimillion-dollar redevelopment deal. Developer David Martin planned a 385ft luxury residential tower and rehab to the Miami Beach Marina including a US$22.5m 45,000sq ft marina facilities building, US$40m in capital improvements ...
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NewsFLIBS lessons learned from a proof of concept laboratory
The Fort Lauderdale International Boat Show (FLIBS), which closed its five-day run on Sunday, was not only a success by every outward measure – most notably, exhibitor sales – but can serve as a model for other industries, public events and governments as we navigate a world that sees no ...
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Newsboot Düsseldorf to determine show status in early December
Industry leaders support show and comment on the market
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NewsSunseeker announces ‘limited edition’ Predator 74 and 74 Sport Yacht models
The UK’s Sunseeker International has revealed its Predator 74 and 74 Sport Yacht will now be available as an XPS limited edition. Both yachts will feature dramatic new styling and numerous luxurious appointments which are only available together, as part of an optional package.
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NewsHighfield Boats appoints SA distributor
Knysna Yamaha to represent Highfield’s RIB and tender range in South Africa
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NewsNew Shakespeare Marine distributor for UK
US-based antenna manufacturer Shakespeare Marine has chosen Meridian Zero Distribution Ltd to serve as its new distributor for the UK market. This is in addition to Shakespeare’s long-standing UK distributor, SMG Distribution Ltd.
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NewsNo stopping Queensland’s superyacht shipyard capacity
Just days after Rivergate Marina & Shipyard announced a $200m expansion, a further two new developments stand to significantly impact on Queensland’s superyacht shipyard capacity. One of these is a new collaboration involving the Gold Coast City Marina & Shipyard (GCCM) for superyachts up to 120m (394ft) and the takeover ...
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NewsNew measures announced in France - FIN responds
Late last week the French government announced a new decree (No. 2020-1310) that ”prescribed the measures necessary to deal with the Covid-19 epidemic”. Article 46 of the decree states that while ‘beaches, bodies of water and lakes are open’ (unless the prefect decides otherwise in the event of non-compliance with ...
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NewsFt Lauderdale 2020: is less more?
The 61st edition of the Fort Lauderdale International Boat Shows (FLIBS) was different in many ways from years past, but at least one industry veteran called it a tribute “to the fortitude of boaters.” Chuck Cashman, chief revenue officer for MarineMax, told IBI on Monday: “Trying to establish rapport with ...
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NewsXiamen Boat Show proceeds as physical and virtual event
The Xiamen International Boat Show in China which was originally scheduled to run from November 6th to the 8th at the Wayuan Bay Yacht Port has been rescheduled to the 20th to the 23rd November and will now take the form of acombined physical and virtual show.
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NewsSunsail to withdraw from Palma; Travelopia responds to tougher climate
The cost of mooring fees in the key Spanish sailing centre of Palma has led to Sunsail, one of the leading sail holiday companies and part of the Travelopia Group, withdrawing from Mallorca, according to a report in the Majorca Daily Bulletin.
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NewsMarineGuard Systems chooses Sonardyne for two new-build superyachts
Navigation and intruder detection technology from UK firm Sonardyne has been chosen by MarineGuard Systems to protect and provide safe navigation for two new-build superyachts.
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NewsNew dates for 10th YARE refit show
YARE, the international aftersales and refit event dedicated to the superyacht sector, will be held from November 26-27 in Viareggio, Italy, with live streaming, podcasts and online meetings available for those who can’t attend in person.
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News2021 Miami Yacht Show postponed
Informa Markets, organisers of the Miami Yacht show and just-completed Ft. Lauderdale International Boat Show, has announced this afternoon cancellation of the event scheduled for February 2021; it says it will seek alternate dates for next year
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NewsWells Fargo Marine Group President on boat finance in the US - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI’s recent interview with Bruce Van Wagoner on current trends in the North American leisure marine industry, inventory pipeline levels, forecasting in the age of Covid-19 and whether boat dealerships can become too big to fail.
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NewsJapan to hold new floating and virtual boat show as market recovers
The Japan Marine Industry Association (JMIA) has decided not to go ahead with its indoor show planned for March in Yokohama but instead will be holding a new style floating and virtual show in April with dates and location still to be determined.
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NewsLippert reports ‘exceptional’ Q3
US-based Lippert Components added its Q3 results to the recent stream of good sales and revenue reports coming out of the third quarter, generated by the unexpected surge in demand for outdoor products in 2020 – including boating.
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NewsPropspeed partners with CMP Group Ltd for international distribution
New Zealand-based underwater coatings specialist Propspeed has partnered with CMP Group Ltd for international distribution. Under the terms of the agreement, Propspeed will be distributed by CMP Europe in Italy and Jia Da Specialty Metals, a division of CMP Group, in China.
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