Market News – Page 358
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NewsComitti secures dealership for UK and Caribbean
Comitti, the long-established Italian builder of wood and composite powerboats located on Lake Como, has appointed Comitti Boats UK Ltd as its dealer for the UK and Caribbean. Comitti UK is owned by Dr Karen Dickens and managed by James Hart and is located in Lymington.
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NewsMetal Shark enters recreational yacht market
The US workboat builder has unveiled a new line of expedition catamarans
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NewsApax Partners Boats Group acquires another leading online marketplace
Boats Group, the business behind the largest online marketplaces for boats and yachts, has acquired Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions. The acquisition reinforces the company’s focus on expanding its global footprint and increases consumer engagement throughout Western Europe. Boats Group’s marketplaces already connect the ...
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NewsVancouver Boat Show cancels
Organisers of the Vancouver International Boat Show (VIBS) informed exhibitors late Monday that the 2021 edition of western Canada’s largest consumer boat show will be cancelled in the face of rising Covid-19 infections.
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NewsBoating Economic Forecast: Italian yachting sector back on track
The second day of the 60th Genoa International Boat Show opened with the traditional Boating Economic Forecast, which was dedicated this year to the resilience of the yachting industry.
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NewsSmartPlug Systems expands UK distribution
US-based shore power specialist SmartPlug Systems has expanded its distribution in the UK with the appointment of Energy Solutions. Based in Seattle, Washington, SmartPlug makes stainless steel and non-metallic shore power inlets and connectors for both the North American and international markets.
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NewsSanlorenzo confirms 2020 will be as good as 2019 despite Covid-19
Strong finances and new product plans announced at Genoa show
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NewsCape Town boating celebrates as city’s biggest dam overflows
Cape Town’s boating community celebrated a rare milestone this week when the city’s biggest dam started overflowing – in stark contrast to the 10% level of three years ago when boating had to be banned for safety reasons.
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NewsSouthern Marinas acquires new Florida location
Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, has acquired Inlet Harbor Marina in Florida for an undisclosed sum. The acquisition brings the growing Southern Marina’s portfolio total to 12 properties.
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NewsAB Inflatables expands XP Series portfolio
AB Inflatables is expanding its XP Series portfolio with the launch of two new AB Jet Tenders – the ABJET 350XP and 465XP.
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NewsHow Valencia boat show is going virtual
IBI speaks with Valencia show director Nacho Gómez-Zarzuela Ros about the transition of an in-water event into a virtual one
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NewsUK marine electronics distributor expands
UK-based marine electronics distributor SMG has opened a new sales office at Trafalgar Wharf in Portsmouth. The new office provides local sales support and demonstration facilities for SMG’s south coast trade customers, including training, product launches and sales promotions.
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NewsMontreal Boat Show cancels
Another Canadian boat show has cancelled its 2021 run as a second wave of Covid-19 spreads across the country.
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NewsNavigare Yachting relocates BVI charter base
Swedish charter firm Navigare Yachting has relocated its charter base in the British Virgin Islands (BVI) to Nanny Cay Resort and Marina, on Tortola. The base relocation will coincide with the reopening of BVI to visitors starting 1 December 2020, nine months after the borders closed to stop the spread ...
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NewsSleipner opens its largest subsidiary to date
Sleipner Motor, the Norwegian manufacturer of Side-Power thrusters and Vector fin stabilisers, has just opened its seventh subsidiary. Sleipner Italia consists of a 900sq m warehouse and modern offices in Viareggio, located in the heart of the Italian boat building industry.
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NewsDerani Yachts appoints new strategic partner
Derani Yachts, a Thai boat and yacht dealership based in Phuket, has expanded its regional activities by signing a strategic alliance agreement with seasoned yacht professional Kurt Healy.
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NewsHanse reports record order book but substantial write-down
Against the backdrop of €67.5 million in orders, German boatbuilder HanseYachts has disclosed a -€13.9 million impairment of its asset portfolio and -€15.9 million fiscal year loss – primarily related to the impact of Covid-19 and delayed restructuring at its French subsidiary Privilege
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NewsAstondoa presents new AS8 flybridge motoryacht
Spanish shipyard Astondoa presented its new AS8 flybridge motoryacht today at its facilities in Santa Pola, Alicante.
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NewsSunseeker’s Israeli dealer sells new Sunseeker 95 Yacht
The entire sales process was carried out over Zoom
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