Market News – Page 355
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OneWater realigns management team for growth
The US’s second-largest chain of boat dealerships makes key organisational changes
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Macau Yacht Show and conference approaches
The 10th Macau Yacht Show, organised by the NamKwong Exhibition Co and The Macau Trade and Investment Promotion Institute, is set to run from the 29th October to the 1st November at Fisherman’s Wharf in Macau.
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HamiltonJet unveils new HJX waterjet series
New Zealand-based HamiltonJet has announced the launch of a new waterjet, the first unit in a new range that claims to offer considerable advantages over previous models.
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Summer extends into autumn for Michigan marinas
At a time of year when most boaters in winter climes are battening down for the season, marinas in Michigan are seeing a push to extend the season, shortened in part by Covid-19 restrictions in the spring. “We still have quite a few boats in the water,” according to Harbormaster ...
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Cox Powertrain appoints new head of sales
UK diesel outboard manufacturer Cox Powertrain has named Hugh Hudleston as the group’s new head of sales. Hudleston will be responsible for the global sales and distribution of the CXO300 diesel outboard as well as managing key relationships within Cox’s network of 35 distributors across the US, UK, Europe and ...
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Legal action to halt sewage deluge at SA inland boating hotspot
A deluge of sewage water leaking into one of South Africa’s most popular inland boating sites has prompted legal action from an environmental watchdog group.
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Croatia sees €30m hotel and marina, first on island of Vir
Croatia’s top 2020 tourist destination saw 101,000 guests by the end of September resulting in 2.1 million overnight stays and revenue within 10% of 2019, despite not one hotel room on the Island of Vir.
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Strong exhibitor interest for 1st Virtual Balearic Yacht Show
More than 35 companies have confirmed their attendance at the first virtual boat show in the Balearic Islands. With just over a month to go, the Balearic Yacht Show (November 18-20) will be a fully online event with exhibitors representing all sectors of the industry, including marinas, refit yards, shipyards, ...
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Bahamian marinas decry “weekend of havoc” over Covid confusion
Confusion caused by Prime Minister Hubert Minnis’ emergency order allowing Bahamian seaports and marinas to remain open on New Province despite a Covid-19-related local lockdown resulted in a “weekend of havoc” that the island nation cannot afford to repeat. Association of Bahamas Marinas (ABM) president Peter Maury said boaters were ...
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Increased berthing capacity in Dubai as new island destinations open up
Nakheel is offering UAE’s boat owners and tour operators access to two new island destinations off the country’s coast.
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Brunswick appoints chief information officer
Michael Adams has been promoted to vice president-chief information officer with immediate effect
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Governments seek to halt Covid-19’s second lap around Europe
Dutch go for ‘partial lockdown’; Employers seek compensation
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Italian superyacht-builder to expand shipyard, launch new 50m project
Dynamiq’s shipyard in Massa, Italy Italian superyacht-builder Dynamiq says the increasing demand for its craft is the driving force behind plans to expand its shipyard to the waterfront in Massa in Italy’s northwest. Company representatives told IBI that this year, the boatbuilder broadened its portfolio by including ...
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New distribution agreement for Dufour in South East Asia
Yacht Sourcing will grow Dufour’s presence in SE Asia French sailboat manufacturer Dufour Yachts is looking to enhance its presence in the South East Asian market with the appointment of an exclusive dealer for Indonesia, Thailand and Singapore. Yacht Sourcing is a full-service yacht provider with offices ...
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Lippert Components appoints chief marketing officer
US-based Lippert Components Inc (LCI) has appointed Joe Thompson to the newly created role of chief marketing officer.
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US boat sales expected to hit 13-year high
NMMA reports 2020 has been a banner year for new power boat retail sales
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New agreement to modernise and strengthen French boating industry
The French Federation of Nautical Industries (FIN) yesterday announced the signing of a new collective agreement with the unions (FCE-CFDT and CFE-CGC) for ‘nautical industry and services’ in France.
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Inaugural Hong Kong Yacht Show cancelled
The first edition of the Hong Kong Yacht Show, which was due to be held on November 19-22, 2020 at the Kai Tak Runway Park Promenade, has been postponed until October 2021. The show was being organised by the Hong Kong Cruise & Yacht Industry Association (HKCYIA) and Verventia Pte ...
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Gold Coast marine business diversifies
Yachtsmen International (YI), a full-service superyacht agency based on Australia’s Gold Coast, has diversified and expanded from two boat brokers to a multi-disciplinary team of 12.
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Sanlorenzo teams up with Hong Kong designers to create ‘floating villas’
Italian luxury yacht builder Sanlorenzo has partnered with Hong Kong-based interior designers to create new bespoke ‘floating villas’, targeting the wealthy in Hong Kong and Asia looking for an alternative form of holiday home.