Market News – Page 368
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NewsAustralian marina industry proving resilient in face of Covid-19, according to report
Despite headwinds sector continues to expand
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NewsAuckland’s largest marina to undergo huge redevelopment
Westhaven Marina, situated in the heart of Auckland, is expanding both on shore and on the water
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NewsThree new UK projects to boost marine leisure activities
New multi-million pound schemes for southwest of England
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NewsExpansion of NZ superyacht refit facility nears completion
Development at Orams Marine continues at pace, with the second concrete slab poured of a new hardstand overnight and two travel lifts due to arrive in November
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NewsSouth Africa sees surge in interest in superyacht careers
Collaboration with Durban-based training partner Professional Yachtmaster Training is helping grow South Africa’s superyacht training profile, with increasing uptake
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NewsNew maritime agreement signed covering China’s Greater Bay area
Both commercial shipping and marine recreational sectors understood to be included
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NewsWajer adds ‘Foil Assist’ to 38, 38 S models for more comfort
Preliminary technical research shows ‘Foil Assist’ cuts fuel use by 10 to 20% and boosts maximum speed
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News2020 Q4, full-year sales down for Twin Disc
Covid-19 impacts and soft commercial markets lead to 18% YOY revenue decline for US equipment manufacturer
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NewsPlan for new green marina on Phuket with 220 berths up to 70m
First hearing about project recently held
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NewsMayor of Cannes calls show cancellation “absurd”
In a bitter exchange of public statements, the Mayor of Cannes and the Préfet of the Alpes-Maritimes region have clashed over the decision to cancel the Yachting Festival which was due to start on the 8th of September
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NewsFt Lauderdale show organiser produces ‘Know Before You Go’ safety video
The organisers of the 61st Ft Lauderdale International Boat Show (FLIBS) have produced a ‘Know Before You Go’ safety video outlining some of the major changes visitors can expect at this year’s show. Owned by the Marine Industries of South Florida and produced by Informa Markets, FLIBS 2020 will take ...
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NewsMercury enters surf runabout segment with new forward-facing outdrive
Mercury’s new Bravo Four outdrive marks the company’s entry into the lucrative surf runabout segment Mercury Marine has introduced a new Bravo Four S forward‑facing outdrive, positioning the company to enter the rapidly-growing surf runabout segment. Utilising twin counter-rotating propellers mounted on its forward face, the new ...
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NewsPolboat Yachting Festival deemed ‘huge success’
The on-water Polish show resulted in several orders for new yachts
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NewsSpanish marina operator obtains ‘Safe Tourism’ certification
Amarres Deportivos is one of few companies in the Balearics to be certified Covid-secure
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NewsTurquoise delivers 56m Blue II
Blue II: An exploration yacht for the 21st Century Turkish shipyard Turquoise Yachts has delivered Blue II, a retro-styled 56m explorer yacht, to its new owner. Described by the yard as “an exploration yacht for the 21st Century”, Blue II combines retro styling with the latest technology. ...
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NewsDispute emerges over cancellation of Cannes Yachting Festival
In a weekend interview, French official flatly denies he ordered the show’s cancellation and lays responsibility on the organisers; compensation costs at issue.
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NewsUS study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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NewsGYG issues strong first-half trading update
CEO Remy Millott: “The team’s focus on improving margins is starting to flow through” Global Yachting Group (GYG), the UK-based superyacht painting, supply and maintenance firm, has issued a positive first-half trading update for the six months ended June 30, 2020. The announcement comes not long after ...
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