Market News – Page 352
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Aquatic AV appoints Finnish distributor
Aquatic AV, the US manufacturer of specialist waterproof AV equipment, has named Norcap as its new Finnish distributor.
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Safety first as FLIBS prepares for Wednesday opening
With a preponderance of precautions in place, the 61st annual Fort Lauderdale International Boat Show (FLIBS) gets underway Wednesday, albeit on a smaller overall footprint and with less than half of the exhibitors who attended the 2019 event, all propagated by the Covid-19 global pandemic. The recently concluded Genoa Boat ...
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Fountaine Pajot reports 2019-20 turnover
France’s second largest boatbuilder has released preliminary information for its fiscal year, ending August 31 noting a significant impact stemming from the Covid-19 crisis
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UK yacht chandler sold
L-R: SeaFront directors Simon Sheehan and Richard Besse with general manager of Nick Cox Matt Evans and SeaFront operations manager Liz Evans SeaFront Marine Group in the UK has acquired Lymington-based retailer Nick Cox Yacht Chandler, expanding the company’s portfolio of marine product distribution, sales and servicing ...
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In their own words: How Lalizas rose from the ashes
20 years ago Lalizas was almost wiped out by a fire
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Brunswick elects Reggie Fils-Aimé to Board
The former head of Nintendo of America has been elected to Brunswick Corp’s Board of Directors.
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Fiji’s ‘Blue Lane’ initiative for Covid-19 proves successful
Over 90 yachts have already arrived or are due to arrive in the Fijian islands to make use of the country’s ‘Blue Lane’ initiative which was introduced some months ago in response to the Covid-19 pandemic. According to an FBC News report, it is estimated that some Fi$10m has been ...
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French builder of amphibious boats opens US office
Iguana, the French builder of amphibious sportsboats has opened an office in New York and has marked this with an order from the US Navy for two of their advanced amphibians. The contract with the US Navy marks a significant development for the newly established commercial/military side of the business, ...
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MDL Marinas strengthens management with six new appointments
MDL Marinas has announced six new managers across its UK marinas, five of which have been promoted internally.
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HanseYachts continues its financial restructuring strategy
German boatbuilding group, HanseYachts AG, reported today continuing reorganisation of the company’s financial structure for its future strength. The company’s brands include Hanse, Dehler and Moody sailboats, Fjord and Sealine powerboars, and Privilege sail and motor catamarans.
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DAME R&D Excellence in Adversity Awards – final call for entries
METSTRADE Show organiser RAI Amsterdam is calling on exhibitors to submit their entries for the special DAME R&D Excellence in Adversity Award, which is open to any product new to market or any significant R&D project conducted by an equipment manufacturer worked on between 1 January-28 October 2020, that has ...
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Ferretti wins 2020 Media Key award for new ad campaign
Italy’s Ferretti Yachts has picked up a 2020 Media Key award for its ‘Just Like Home’ advertising campaign.
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Southern Wind launches 100ft full-custom cruiser-racer
Southern Wind Shipyard has launched a new 100ft full-custom, high-performance cruiser-racer in the Port of Cape Town, South Africa.
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MARIN takes on edgy, climate change-related research
MARIN recently tested floating islands to see if they can support living and working conditions at sea The Maritime Research Institute Netherlands (MARIN) is getting into research that is miles from the bread-and-butter tank testing that over the past 85 years made it the world’s largest, independent ...
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IGY Marinas adds Miami facility to grow its portfolio to 19
The latest expansion of the global IGY Marinas portfolio has taken place in the US with the Miami-located Island Gardens Deep Harbour boosting the group’s network to 19 facilities in 11 countries serving over 2,000 superyachts annually.
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Grand Banks achieves Q1 profitability
Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year. The Singapore publicly-listed company – parent of the Grand Banks ...
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US outdoors industry can lead economic recovery
Senator Martin Heinrich tells Outdoor Recreation Caucus Hill Briefing that the time is right for a national outdoor recreation plan
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boot Düsseldorf to hold digital pre-show conference
With 13 weeks to go before the world’s largest boat show is due to open, project director Petros Michelidakis announced today that he will be leading a digital press conference on the 4th of November to report on the status of preparations for the show and the industry’s upcoming prospects.
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New leader for world’s largest boat group
Aine Denari succeeds Huw Bower as president of Brunswick Boat Group
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Outdoor Network to manufacture OXE outboards in Georgia
The new facility will produce the complete line-up of OXE diesel outboard engines from 125hp through to 200hp. Currently manufactured in Sweden, but as reported by IBI in May this year, Outdoor Network (ODN) was successful in winning the contract for US production. At that time Tom D’Azevedo, chairman and ...