Market News – Page 360
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IBEX Online: Innovation Award winners revealed
The winners were announced today in a virtual awards presentation
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Damen 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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First 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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Pure Watercraft branches out into boat construction
The US-based electric outboard specialist has launched a series of electric boat packages
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Garmin 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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Ancasta expands European brokerage network
Ancasta International Boat Sales is expanding its European brokerage network with the opening of new sales offices in La Rochelle, France and Nieuwpoort, Belgium. The two new offices bring Ancasta’s total to 22 locations across the UK and Europe.
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Oklahoma marinas have a banner year despite pandemic
While it is widely reported that the Covid-19 pandemic has had a positive impact on outdoor recreation, and boating in particular, the impact has been felt everywhere, including landlocked Cherokee County, Oklahoma. Located in the Eastern part of a state just about in the middle of the US, Cherokee County ...
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Yanmar to open new parts warehouse at Middle East branch
Japanese engine manufacturer Yanmar is to open a new parts warehouse at its Middle East branch in Dubai.
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Survey: Florida yacht & resort industries see a boost from private jet travellers
A new survey indicates that Florida’s yacht and resort industries could see a boost from private jet travellers between now and the end of 2020. 38% of respondents to a survey by Private Jet Card Comparisons, a buyer’s guide that compares private jet membership and jet card programs, plan to ...
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Regal Boats turns to media to find new hires
In an attempt to hire as many as 50 new workers in all areas of the company, Regal Boats has sent a news release to regional media near its Orlando, Florida headquarters touting the openings and benefits of working for the family-owned luxury boat and yacht maker.
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Rescheduled 7th Qatar International Boat Show going ahead
Hamad Issa al-Mannai, CEO of Al Mannai Plus Events, has announced that the 7th Qatar International Boat Show (QIBS) will take place from November 16-20 at The Pearl-Qatar’s Porto Arabia.
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NZ immigration authorities deport three German yachtsmen for breaching Covid-19 rules
The 52ft Anita arrived in the Bay of Islands without prior permission
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WhisperPower sets up UK distribution and service centre
Dutch power and propulsion specialist WhisperPower BV today announced that it has set up its own UK sales and service centre in South Yorkshire using staff from a previous distributor.
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Multimillion-dollar investment planned for Gold Coast waterways network
Queensland government says the programme will generate at least 100 new jobs
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Morbern launches multilingual website
Morbern, the Canadian manufacturer of marine and outdoor coated fabrics, has launched a multilingual upgrade of its European website.
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Asia Boating Dialogue continues tomorrow, registration still open
The second session of the Asian Boating Dialogue (ABD), supported by IBI, starts on Tuesday 29th September at 08:00 UTC with registration still open for the online event. It will be live streamed.
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HanseYachts makes investment case
German boatbuilder HanseYachts presented its performance and outlook at an investor conference in Munich today, reporting solid post-Covid demand
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Bower to head Winnebago Outdoors
Huw Bower, who departed Brunswick Boat Group (BBG) earlier this month, has been named president of Winnebago Outdoors, the iconic brand in recreational vehicles and parent company of Chris-Craft, effective 12 October.
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Yamaha Motor reinforces commitment to US workforce development
Yamaha Motor reinforced its commitment to workforce development in its US manufacturing plants during a visit by US Secretary of the Interior David Bernhardt to the company’s Newman, Georgia campus.
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Azimut Magellano 25 Metri to make world debut at Genoa
Italy’s Azimut Yachts has chosen the Genoa International Boat Show for the world premiere of its new Magellano 25 Metri.