Market News – Page 362
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NewsNew company relaunches Pantera brand
US-based Pantera Boats Inc announced today that as a result of a series of business transactions and agreements endorsed and sanctioned by the Miami-Dade County Circuit Court, the company, as successor-in-title, has acquired all moulds and related intellectual property including trademarks, designs and copyrights, clearing the way for the relaunch ...
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News
Sultan investor welcomes arrests in Tag Yachts court case
A prominent United Arab Emirates businessman who lost millions of pounds in a doomed South African boatbuilding venture has welcomed the arrest of two of his former partners who now face charges of fraud, South Africa’s Sunday Times newspaper reported at the weekend. Sultan Al-Hameli was instrumental in casting the ...
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NewsFirst online Asia Boating Dialogue a success
Today’s event offered considerable market information to the 170 delegates in attendance
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NewsMarina Stores opens new Croatian megastore
Greek retail chain Marina Stores, a Lalizas company, has opened a new megastore in Šibenik, Croatia.
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NewsHorizon launches first tri-deck in Fast Displacement range
Taiwan-based Horizon Yachts has launched the first tri-deck in its Fast Displacement (FD) range of high-performance motoryachts. The new version is based on the FD92 and features an interior pilothouse and open flybridge.
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NewsBarrus strengthens Marine Equipment Division
UK distributor makes raft of new appointments following rapid growth
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NewsEdmiston expands US office network
International superyacht services business Edmiston has expanded its presence in the US with the opening of a new branch in Newport, Rhode Island.
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NewsMercury Marine to offer outboards on select Sportsman models for the first time
Mercury Marine, a division of Brunswick Corp, is to offer Mercury outboard engines – including the 350 and 400 Verados and other high horsepower Mercury outboards – for the first time on nine Sportsman models beginning on November 1.
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NewsMonaco’s ‘Planetary Health Week’ keeps spirit of yacht show alive
When is a yacht show not a yacht show? When it become ‘Planetary Health Week’, as is underway in Monaco beginning today.
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NewsPardo Yachts Miami relocates
Pardo Yachts Miami LLC, the Italian builder’s representative for the Americas and exclusive dealer for Florida, has moved to a centrally located office loft at 64 NW 54th St in the Wynwood Design District of the Little Haiti area.
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NewsCompX shares soar 21% at Friday’s close
CompX International, whose holdings include Livorsi Marine and Custom Marine Inc (CMI), saw its stock jump slightly more than 21% to close at US$16.95 at the end of trading on Friday 18 September.
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NewsCandela raises €8m in investment
The Swedish start-up has received significant financial backing
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NewsNanni in supply deal with Swedish shipyard
French engine manufacturer Nanni has signed a deal with Swede Ship to install its T8V.370 marine diesel engine oboard a line of 8m boats for Swedish and Norwegian search and rescue operations.
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NewsThai government eases yacht restrictions
Foreign tourists can now apply for a Special Tourist Visa (STV) valid for 90 days
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NewsAzimut-Benetti CEO announces closer brand links & new model plan
Group financial results better than last year and nine new models planned over the next 18 months
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NewsHarken Inc gets new owners
Harken Inc, the US-based deck hardware manufacturer, has been acquired by its employees. The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum.
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NewsCooney Marine announces biggest expansion in firm’s history
UK marine equipment manufacturer Cooney Marine has announced the largest expansion in the firm’s history, with the addition of a new 9,000sq ft state-of-the-art production facility and a high-tech design and technology centre at its Kettering site.
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NewsGreek marina handover period extended
The Hellenic Republic Asset Development Fund (HRADF), also known as TAIPED, has extended the period of completion of the transaction that concerns Alimos Marina in Greece to Friday, October 30. The transaction concerns the transfer for the utilisation of the marina to Aktor Concessions and at the same time the ...
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NewsScandinavian companies partner on electric engine development
Evoy and Oxe Marine team up to test high-powered electric outboard concept
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NewsUK maritime training business fighting to survive
Red Ensign Training hit hard by Covid-19 and impact on marine industry
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