Market News – Page 359
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NewsMarineMax acquisition adds 20 locations
US boat retailer significantly expands its Great Lakes and West Coast presence with the acquisition of the SkipperBud’s and Silver Seas’ dealership and marina operations
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NewsFairline expands Norwegian presence
The UK’s Fairline Yachts has expanded its dealer network in Norway with a new sales office for the Oslo area.
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NewsDominican Republic to boost nautical tourism, local boatbuilding
The Dominican Republic is already starting to think about “post-pandemic” recovery and one senator from the Modern Revolutionary Party (MRP) believes that nautical tourism, along with boatbuilding and repair, could be key. Senator Alexis Victoria introduced legislation inspired by the “new world paradigm” known as the Blue Economy, which the ...
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NewsDouglas Marine prepares for relaunch
Italian mooring specialist Douglas Marine is having its official relaunch at the Genoa Boat Show this week with a wide range of samples from its own production. The move was made possible after Paolo Ramoino, a new partner at the firm, injected the company with liquidity and was subsequently made ...
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NewsMarquis chooses outboards as standard on M42 Day Yacht debuting in Osaka
Nearly a year after rebranding its line with the introduction of the M42 Day Yacht, Marquis Yachts has retooled the sporty hull to accommodate triple outboards, which will become the standard offering with inboards becoming the option.
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News60th edition of Genoa Boat Show opens in face of Covid-19
Some 400 brands from over 20 countries represented
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NewsRiviera starts recruitment drive to meet production demand levels
Riviera, Australia’s largest luxury motoryacht builder, has started a recruitment drive to meet demand and fill key specialist trades ahead of the company’s 2021 intake of new apprentices. The brand is currently expanding its production after enjoying particular sales success with a number of its yacht model series.
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NewsBarton Marine expands in USA
UK-based deck hardware manufacturer Barton Marine is expanding in the USA with the launch of Barton US LLC. Well-respected across the globe for its comprehensive range of sailboat hardware, Barton’s new US presence will hugely boost service levels and supply efficiency for US boaters across the continent.
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NewsThai shipyard rebrands; continues to expand facilities
Orders for five solar-powered catamarans part of yard’s order book
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NewsClub Marine appoints new CEO
Australian boat insurance provider Club Marine has promoted head of Brand and Direct Karen Te Maipe to the role of CEO. She replaces Simon McLean, who has been elevated to general manager, automotive and marine, at Club Marine’s parent company Allianz.
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NewsItalian composites firm to debut 3D-printed fibreglass boat
MAMBO: “The next generation of boat design” Italian startup Moi Composites is set to unveil what it is calling “the world’s first real 3D-printed fibreglass boat” during the 2020 Genoa Boat Show from 1-6 October. MAMBO (Motor Additive Manufacturing Boat) is the world’s first fibreglass boat using ...
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NewsOne hundred US marinas sold for $2.11bn
Dallas, Texas-based Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities Inc and one of its subsidiaries in a transaction for cash and SUI equity valued at $2.11bn.
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NewsAlliances, advocacy can help US boating industry survive post-pandemic
The US recreational marine industry seems to have not only survived the early stages of the Covid-19 pandemic, but thrived, and should be focusing now on how to retain the 44,000 new boaters who hit the water between March and June, according to National Marine Manufacturers Association ...
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NewsSA’s Gemini Marine supplies RIBs to SpaceX
South African RIB specialist Gemini Marine has partnered with Elon Musk’s SpaceX to provide official recovery boats for their space missions.
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NewsObituary: Fred Hecklinger
Fred Hecklinger, a legendary member of the Chesapeake Bay sailing community and a founder of Eastport Yacht Club, died late last week with his wife of 45 years, Bobbie, at his side. He was 84.
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NewsIBEX Online: Innovation Award winners revealed
The winners were announced today in a virtual awards presentation
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NewsDamen Shipyards Group completes restructuring to regain profitability
Damen Yachting’s main facility in Flushing, the Netherlands Damen Shipyards Group has completed a corporate overhaul ending its fragmented structure, making the Dutch company that runs 36 shipbuilding and repair yards worldwide profitable again. In January, Arnout Damen, son of founder Kommer Damen, became CEO, succeeding founder ...
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NewsFirst hydrogen-powered yacht premieres in Monaco
The 40ft ‘New Era’ was designed by Hynova Boat What is being touted as the world’s first hydrogen-powered yacht designed by Hynova Boat premiered last week in Monaco during the Planetary Health Week Capital Yachting Experience. The French company launched ‘New Era’ from the La Ciotat Dockyard ...
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NewsPure Watercraft branches out into boat construction
The US-based electric outboard specialist has launched a series of electric boat packages
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NewsGarmin named NMEA Manufacturer of the Year for sixth straight year
Builder picks up four additional Product of Excellence awards presented during annual NMEA annual meetings
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