Market News – Page 381
-
NewsKiwi government suspends America’s Cup funding amid Team NZ spy, fraud claims
It’s been quite a summer for Emirates Team New Zealand, defending America’s Cup champions, which began the week firing team members for spying, answering charges of financial fraud, and culminating in the government’s suspension of payments to the team and Cup organisers pending further investigation. “We are not intending to ...
-
NewsCannes Yachting Festival to go ahead as planned
Organisers release statement to say this year’s event will definitely take place
-
NewsOvermarine sells Mangusta Oceano 43 to US client
Italy’s Overmarine Group has announced the sale of a Mangusta Oceano 43, known as Project Venezia, to a US client. This will be the fifth 43m unit from the Mangusta Oceano displacement range, and the second displacement vessel based in Florida. US brokerage Worth Avenue Yachts handled the sale. It ...
-
NewsObituary: Gino Pardo
Gino Matteo Pardo, founder of the Gino Group, one of Turkey’s oldest yacht brokerage, refit and management firms, has passed away at the age of 84.
-
NewsVoltaire Electric Yachts launches first-ever model
A new German-US company, Voltaire Electric Yachts, has announced its official start of operations with the launch of its first-ever model – a 9.9m all-electric power catamaran.
-
NewsMesse Frankfurt postpones Cape Town show
The 2020 Boatica Cape Town Boat Show has been cancelled due to the increased spread of Covid-19 in South Africa, Messe Frankfurt confirmed on Wednesday.
-
NewsDüsseldorf show organisers launch new promotional campaign
“reboot your business” aims to fuel the industry’s passion for watersports
-
NewsTeam New Zealand named in NZ$1.5m government wage subsidy probe
Just days after announcing the dismissal of an undisclosed number of teammates for leaking confidential information, defending America’s Cup champions Team New Zealand is now under investigation for financial mismanagement surrounding government Covid-19 wage subsidies. The wage subsidy plan is the cornerstone of the government’s economic response to Covid-19, allowing ...
-
NewsMarineMax acquires Northrop & Johnson, creating world’s largest superyacht services firm
The acquisition is expected to be accretive in its first full year
-
NewsNewport International Boat Show cancelled
Newport Exhibition Group has announced that its annual boat show scheduled to take place September 17-20 at the Newport Yachting Center in downtown Newport, Rhode Island, has been cancelled.
-
NewsOslo’s in-water show to proceed
The Bater I Sjoen show due to take place from September 3-6 at Aker Brygge Marina near Oslo is still on course to proceed. The organisers Norboat, whose winter indoor show in Oslo was cancelled, are intent on holding the second full-scale boat show in Europe since March following the ...
-
NewsNorth Sails opens new service loft in Ireland
The new operation in County Wicklow will be run by Shane Hughes
-
NewsBavaria introduces first outboard day cruiser, the Bavaria Vida 33
The first details and drawings were presented to the public today
-
NewsBarbados to join list of Caribbean islands reopening to tourists
Barbados will join the growing list of Caribbean islands opening up after the lockdowns caused by the Covid-19 pandemic as from July 12. The news was announced by Barbadian Prime Minister Mia Amor Mottley.
-
NewsMYBA issues guidance on Greek yacht charters
As the Covid-19 pandemic continues, yacht brokers in Greece are working with owners and clients to resolve any issues related to upcoming yacht charters. During this uncertain period and until further notice, the country’s Covid-19 and cancellation policy is typically as follows: For crewed yacht charters, each charter is dealt ...
-
NewsAzura Marine to build Aquanima solar-powered catamarans in Spain
Flurry of enquiries following recent launch of first cat
-
NewsLand ‘N’ Sea replaces all 2020 dealer trade shows with virtual events
Land ‘N’ Sea wholesale distribution division to replace four P&A shows scheduled for this fall across North America
-
NewsNew York Yacht Club America’s Cup boats arrive in NZ whilst spy claims hit the home team
As the New York Yacht Club’s challenge for the America’s Cup advanced with the arrival of its first boat in New Zealand on Monday, Team New Zealand says it has fired a number of employees for leaking confidential information and officials are investigating “structural and financial matters” relating to the ...
-
NewsGerman watersports industry association MD retires
Jürgen Tracht has stepped down as managing director of German watersports association BVWW after more than 33 years of service. Tracht, who is retiring, will be replaced by his successor Karsten Stahlhut.
-
NewsHinckley Yachts: smooth sailing in rough times
Boat sales have doubled in a year-to-year comparison, says US builder, with pre-owned models selling at unprecedented rates
LinkedIn
X / Twitter
Facebook
Email us
