Market News – Page 379
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NewsNMMA redirects convention effort, IBEX decision expected this week
The National Marine Manufacturers Association (NMMA) is revamping its advocacy efforts surrounding the curtailed US presidential nominating conventions and is expected to make a decision this week regarding the fate of IBEX, the International BoatBuilders’ Exhibition & Conference. NMMA told IBI that the IBEX board is meeting this week to ...
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NewsMarineMax buys specialty yacht insurance firm
US boat and yacht retailer MarineMax has acquired Private Insurance Services, a specialty yacht insurance agency, for an undisclosed sum.
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NewsFirst Cox CXO300 diesel outboards leave production line
Cox distributor Sime Darby Singapore will take delivery of the first production units
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NewsRAI Amsterdam announces reorganisation
METSTRADE organiser RAI Amsterdam today released a statement to say that it has submitted a request for advice to the Dutch Works Council for a reorganisation. The move is required due to the major impact of the Covid-19 outbreak on the convention centre’s operations.
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NewsFrench association asks government to reallocate boating taxes to help industry
FIN calls for government to channel 25% of taxes back into the sector
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NewsInvictus Yacht unveils new flagship
Italian boatbuilder Invictus Yacht has presented its new flagship, the 14.3m TT460. It is due to launch this summer.
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NewsHidea reports strong outboard engine sales in China and new models
The company will manufacture 38,000 units this year
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NewsSA government commissions major marine manufacturing study
The South African government has launched a major research project aimed at supporting the country’s marine manufacturing sector, Maritime Review Africa reports.
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News2019 Dutch superyacht output: fewer but more valuable, greener vessels
Amels’ 83m Here Comes the Sun The Dutch superyacht sector delivered 17 yachts last year, worth just over €1bn, the Netherlands Maritime Technology (NMT) trade group says in its 2019 annual report. While this is a drop in numbers, NMT says the value of yachts on order ...
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NewsAnnick Girardin appointed head of Ministre de la Mer
L-R: FIN president Yves-Lyon Caen, French Minister of the Sea Annick Girardin and Jean-Paul Chapeleau, Deputy CEO of Groupe Beneteau France’s new prime minister, Jean Castex, announced a Cabinet reshuffle on Monday which included a new Minister of the Sea. A native of Saint-Malo, Annick Girardin started ...
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NewsNorwegian superyacht-builder goes bankrupt after loan agreement ends
Kleven Verft down to share in build of new superyacht-style cruise ship
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NewsHanseYachts launches new Dehler 38SQ
Germany’s HanseYachts has launched the Dehler 38SQ, an 11.6m sailing vessel that will make its world premiere at the Cannes Yachting Festival in September.
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NewsDutch yacht-builders form new boating event
Following the cancellation of the 2020 HISWA In-Water Boat Show, a group of Dutch yacht-builders have decided to organise a new small-scale event so that the best Netherlands-built boats can still be presented to the international water sports public.
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NewsCMC Marine appoints Australian sales and assistance partner
Stella Marine will offer sales and assistance of CMC products throughout Australia
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NewsRiva Destinations expands to France
Riva Destinations has expanded to France with the opening of a Riva Privée in Paris.
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NewsThailand’s Bakri Cono Shipyard to expand
The PMG marine complex in Rayong, Thailand One of the larger privately-owned shipyards in Southeast Asia has announced plans for a dramatic increase in the size of its facilities to cope with increasing demand. Philippe Guenat, owner of Bakri Cono Shipyard, has announced plans to develop an ...
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NewsCape Town yard reports US breakthrough with HammerCat
The HammerCat is a collaboration between veteran builder Uwe Jaspersen from Carbo Tech, Schionning Naval Architects, and a US sales & marketing team
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NewsSam Allen Wholesale acquires Reelax
Australia’s foremost marine and game fishing equipment brand will continue to operate from its Queensland facilities
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NewsSpirit 111 back on track, enters final stage of commissioning
The Spirit 111 at Premier Marinas’ Gosport Marina Earlier this year the UK’s Spirit Yachts chose Gosport Marina and its specialist boatyard, Endeavour Quay, as the base to commission its brand new 111ft superyacht. The yacht was delivered to Gosport Marina in March for sail trials, class ...
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NewsCrusader Yacht Sales joins Jeanneau America network
Jeanneau America didn’t need to look far for its exclusive distributor for the mid-Chesapeake region, tapping Annapolis, Maryland neighbour Crusader Yacht Sales to offer its sailboats and yachts.
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