Market News – Page 387
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NewsVolvo Penta appoints new president
Heléne Mellquist currently serves as president of the European Division at Volvo Trucks
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NewsOceanco on expansion trail; four new projects in build
Oceanco’s 350ft Black Pearl is said to be the largest DynaRig sailing yacht in the world Source: Tom Van Oossanen Dutch superyacht-builder Oceanco is looking confidently to the future with four yachts of up to 125m (410ft) currently in build. Having recently acquired new refit and construction ...
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NewsWhite Shark boat brand changes hands again
French boat importer acquires the storied White Shark boat brand
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NewsMoonen names new management team
Moonen Yachts, the Dutch superyacht builder rescued from bankruptcy last summer, has named its new management team to step up production of semi-custom yachts in the 30m-50m bracket. The yard has made marketing director Marianne Hendricks its managing director.
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NewsAlia Yachts releases first photos of new production halls
Turkey’s Alia Yachts has released the first photographs of its new facility in the Antalya Free Trade Zone.
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NewsItaly reopens borders to international travel, paving way for Genoa show
Italy reopened its international borders last week, allowing trips between Italian regions and travel to and from abroad.
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NewsSiren Marine makes key promotions
Rhode Island, US-based Siren Marine announced a pair of executive personnel appointments on Monday, naming Jeffrey Poole as its new chief operating officer (COO) and Paul Fournier as chief financial officer (CFO).
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NewsDYT issues statement on partial sinking of Super Servant 4
The incident in the Port of Palma is now under control
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News2020 NMEA Conference & Expo shifts to virtual format
The National Marine Electronics Association (NMEA) has confirmed that the organisation will replace its scheduled 2020 NMEA Conference and Expo with a new virtual event in light of continuing uncertainty related to the Covid-19 pandemic.
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NewsNumarine launches three 26XP expedition yachts in one day
Two of the new 26XPs are displacement versions with bulbous bow
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NewsP&O Marinas, Pindar in strategic partnership
P&O Marinas in Dubai has signed a strategic collaboration agreement with Pindar Yacht Management FZE (PYM) for the development of a watersports academy, a recreational club, an exhibition space, and a range of associated marine leisure services and facilities.
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NewsSwedish floating boat shows cancelled
Two major on-water boat shows in Sweden – the Marstrand Boat Show and Allt på Sjön in Gustavsberg – have been cancelled due to Covid-19. The show in Marstrand on Sweden’s west coast and in Gustavsberg outside Stockholm on the east coast were planned for the end of August.
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NewsYacht transport vessel partially sinks with five large yachts onboard
Five large yachts were reported to be onboard a float-on/float-off yacht carrier operated by Dockwise Yacht Transport (DYT) when it partially sank in the Port of Palma de Mallorca today while trying to unload.
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NewsViking reschedules Mullica plant expansion
Viking Yachts has confirmed that a planned expansion of the company’s Valhalla centre console boat plant has been put on hold till spring 2021.
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NewsInterview with Sanlorenzo’s Massimo Perotti (trailer)
In this 3-min clip, Massimo Perotti discusses the company’s financial expectations for 2020 and plan for new model launches in autumn. Watch the trailer here or IBI Plus subscribers can go directly to the full interview with Massimo Perotti here
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NewsGreat American Outdoor Act set for Senate passage
The US Senate is poised for a procedural vote today that should lead to passage Tuesday of the Great American Outdoors Act (GAOA), which combines and expands two major conservation and access provisions by permanently funding the Land and Water Conservation Fund (LWCF) at its existing US$900m appropriation and reduce ...
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NewsBeneteau announces key management changes
In view of the severe economic crisis linked to Covid-19, France’s Groupe Beneteau said it is accelerating reorganisation of its boat business
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NewsFairline confirms 240 job cuts
Following last week’s story that Fairline Yachts had warned staff to expect redundancies, the UK-based boatbuilder today announced that 240, out of a total work force of 455, will be made redundant from the end of July, when the furlough period runs out. Fairline attributed the job cuts to the ...
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NewsNew proposal for eco-labelling of recreational marinas
The IVL Swedish Environmental Research Institute has investigated how an eco-labelling system can be used to reduce the environmental impact of recreational marinas. In a report, a new proposal is presented on what eco-labelling might look like, taking into account both the scope and harmfulness of various activities. “This is ...
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NewsYamaha marine chief takes on additional responsibilities
Yamaha Motor has announced that its senior executive officer and chief general manager of marine business operations, Hirofumi Usui, will also now assume the additional role of senior general manager of the planning section of the marine business.
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