Market News – Page 406
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NewsPalm Beach shows postponed
Organizers of the Palm Beach International Boat Show and Superyacht Show Palm Beach, scheduled to run March 26 – 29 have postponed the event indefinitely with no further information available yet.
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NewsSanlorenzo unveils new 44Alloy
Italian superyacht builder Sanlorenzo has unveiled its new 44Alloy, a 44.5m fast displacement superyacht built entirely in aluminium.
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NewsBusiness as usual Down Under as key shows given green light
While many boat shows and major events around the world are being cancelled or postponed due to the coronavirus, organisers of forthcoming shows in New Zealand and Australia say it is business as usual.
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NewsYanmar partners with French finance specialist
Yanmar Marine International has signed a new partnership with boating insurance and financing specialist April Marine to offer affordable payment options to leisure customers buying Yanmar engines in France.
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NewsExecutive appointments at Mastercraft Boat Holdings
MasterCraft Boat Holdings has announced a pair of executive appointments that will see two current vice presidents assume newly created C-suite positions.
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NewsSwedish electric boat start-up receives €5m capital injection
X Shore, a Swedish technology start-up behind the development of a new range of fully electric boats, has received a €5m capital injection led by Peter Dahlberg, founder and former group CEO of veterinary firm AniCura.
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NewsHISWA Amsterdam Boat Show opens 65th edition
The 65th annual HISWA Amsterdam Boat Show opened March 11, as scheduled, bucking a worldwide trend of cancellations and rescheduling of all sorts of events in the face of a coronavirus outbreak going global.
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NewsStockholm show ends early
The Stockholm International Boat Show, which opened on Saturday, is to close early because of the coronavirus. The show organisers are following the advice of the Swedish government and will end the show tonight. It will not reopen. The Stockholm show attracted some 78,497 visitors last year. This year there ...
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NewsAmerica’s Cup World Series regatta on schedule for Italy
Despite a virtual quarantine of Italy’s 62 million citizens and travel warnings or bans issued from various governments around the world due to COVID-19 coronavirus, the organisers of the America’s Cup World Series regatta have said the race will go on.
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NewsAppointment at ABYC
Technical vice president Craig Scholten named chair of small craft committee
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News
Winch Design reports 5.9% growth in 2018-19
UK superyacht design studio, Winch Design Ltd, saw turnover hit £31.1m for its 2018-19 fiscal year, a 5.9% rise on the £29.3m it generated the previous year. Profits after costs and tax were £4.42m, down 10.3% (£4.93) on 2017-2018.
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NewsLes Nauticales Ciotat cancelled
The 2020 Les Nauticales boat show in La Ciotat, France has been cancelled by the Aix-Marseille-Provence Metropolis in order to prevent the spread of COVID-19. The show was due to take place from March 14-22 in La Ciotat on the French Mediterranean coast, around 20km east of Marseilles. It normally ...
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NewsPropspeed expands Australian presence
Propspeed, the New Zealand-based supplier of underwater top-coatings, has partnered with two new distributors in Australia – Sam Allen Wholesale and All Marine Spares.
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NewsFPT Industrial acquires electric powertrain specialist
Marine powertrain specialist FPT Industrial has taken another step towards electrification with the acquisition of Potenza Technology, a UK company that specialises in the design and development of electric and hybrid-electric powertrain systems.
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NewsHanse reports latest financials
Despite a drop in revenues and earnings for the company’s first half which the builder attributed to typical seasonality and one-time integration costs for Privilége Catamarans, German boatbuilder Hanse Yachts said a strong order backlog would provide the company with a profit for the year
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NewsRefurbished Hong Kong marina to reopen later this year
Hong Kong Resort Company Ltd has delivered an update to say that the refurbishment of Lantau Yacht Club (LYC) Marina is well underway. Phase 1 of the works, which covers about half of the marina area and the marina office, is progressing as planned and is targeted to open in ...
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NewsBarrus adds new range of electric outboards
The UK engine distributor has added Shire electric outboards to its marine portoflio
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NewsUS shipyard to launch first new boat in 40 years
Despite a 149-year history of continuous operation, Gamage Shipyard in the US hasn’t launched a new vessel in nearly 40 years, operating instead as a marina, storage facility and full-service refit shop in South Bristol, Maine. That’s about to change this spring.
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NewsGreece to simplify yacht legislation
Greek yacht legislation is expected to be simplified over the coming month. For now, the main measures include: Pleasure yachts registered under the EU Flag Yachts will be free to sail in Greece with less bureaucracy, and formalities will be available through online platforms. DEKPA, the certificate for private pleasure ...
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