Market News – Page 385
-
NewsGreat American Outdoors Act passes US Senate
On a bipartisan 73-25 vote, the US Senate passed the Great American Outdoors Act (GAOA) on Wednesday, permanently endowing the Land and Water Conservation Fund (LWCF) at its existing US$900m appropriation and reduce the US$20bn in deferred maintenance backlogs on public lands.
-
NewsMunich Re Syndicate appoints new head of marine
A new head of marine has been appointed to the Munich Re Syndicate at Lloyd’s of London in the UK. The new head is Rob McAdams, who joins Munich Re, a global leader in reinsurance business, from AXA XL where he was global marine chief underwriting officer.
-
NewsMaster Promotions acquires five Canadian outdoor shows
Halifax, Canada-based Master Promotions Ltd announced on Wednesday that it has acquired five major-market consumer boat and sporting goods shows from Canadian National Sportsmen’s Shows (CNSS).
-
NewsRussell Marine opens sixth showroom with new boating/outdoor concept
Russell Marine, the multi-location Alabama dealership and marina operator, held a soft-opening last week for a new 150,000sq ft facility and a new retail concept for the company – all in the midst of the Covid-19 pandemic.
-
NewsFinnish boaters set to enjoy fewer restrictions
Jarkko Pajusalo of the Finnish marine industry association shares positive news on post-Covid restrictions
-
NewsThird attempt to sell Slovenian marina; price reduced - offers by July 16
A third attempt is being made to sell the bankrupt 700-berth Marina Izola in Slovenia. The starting bid price this time is €2,990,000, which is significantly lower than the €5.96m asked on the second attempt. According to an advertisement published in the Financial Times newspaper, the insolvency administrator for this ...
-
NewsBahamas reopens for private yachts
As of Monday this week, the Bahamas has reopened to private yachts and private aircraft. A full reopening of the islands, including international tourists, is set for July 1.
-
NewsRyan Gwillim appointed Brunswick CFO
Ryan Gwillim has been appointed senior vice president and chief financial officer of Brunswick Corp, effective immediately. He succeeds William Metzger, who will retire from Brunswick on July 10, 2020.
-
-
NewsFairline Yachts appoints exclusive Polish dealer
The UK’s Fairline Yachts has named Patrick Marine as its exclusive dealer for Poland.
-
NewsMoonen Yachts sells 36.3m sister ship of Brigadoon
Moonen Yachts has sold a 36.3m superyacht – a sistership of its award-winning Brigadoon – to a MidEast client. The yacht, project YN199, will be launched in August and delivered to the Middle East in October.
-
NewsRonstan moves US headquarters
Sailboat hardware, rigging components and accessories manufacturer Ronstan International has announced plans to relocate its US headquarters at the end of this month.
-
NewsCanadian marina to reopen following 2019 hurricane damage
Practically destroyed nine months ago after Hurricane Dorian slammed into Canada’s east coast, Shediac Bay Marina in the province of New Brunswick is set to officially reopen later this month following a multimillion-dollar reconstruction.
-
NewsBrazilian shipyard launches new superyacht division
INACE Superyachts’ initial offerings include two steel/aluminium explorer yacht series
-
News
Scania USA announces expansion of marine territory for distributor
Scania has announced that its US distributor, Mack Boring & Parts Co, will assume additional marine territory in the Great Lakes region of the US, effective August 1. The new areas covered include Northern Illinois and Indiana, Iowa, Michigan, Minnesota, Northern Ohio and Wisconsin.
-
NewsUS pontoon boat builder embarks on major facility expansion
Barletta Boat Company plans to add almost 145,000sq ft of manufacturing space by January 2021
-
NewsSanlorenzo delivers fourth 52Steel
Italian boatbuilder Sanlorenzo has delivered its fourth 52Steel unit on schedule to its new owner.
-
News
Obituary: Arvie Edwin ‘Dugie’ Freeman
Arvie Edwin ‘Dugie’ Freeman, co-founder of Freeman Marine Equipment in the US, passed away last week after a brief battle with cancer.
-
NewsBig Thunder Marine expands to Florida East coast
A hallmark in performance boating is expanding beyond its Lake of the Ozarks, Missouri roots with a new ‘Fountain-focused’ facility at Palm Beach Gardens, Florida.
-
NewsBrazilian boatbuilders' association ACOBAR seeks new credit lines for members
Despite the temporary reduction in production volumes and the number of employees, the Brazilian boatbuilding industry has, in most cases, managed to continue its operations and still maintain some level of sales.
LinkedIn
X / Twitter
Facebook
Email us
