Market News – Page 410
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NewsUK government appoints new minister to cover maritime sector
MP Kelly Tolhurst used to run Tolhurst Associates, a marine surveying business As part of the recent UK government ministerial reshuffle, Kelly Tolhurst has been appointed to oversee the country’s maritime sector including the recreational marine market. Tolhurst has the ranking Parliamentary Under Secretary of State at ...
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NewsCRN M/Y 137 achieves IMO Tier III certification
CRN, a Ferretti Group brand, has become the first shipyard in Italy to receive IMO Tier III certification for its CRN M/Y 137, a 62m fully custom steel and aluminium megayacht that is soon to be de
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NewsDubai show to go ahead next month as planned
The 28th Dubai International Boat Show (DIBS) is to go ahead next month as planned at the new Dubai Harbour Marina. The show’s organisers announced today that it will take place from March 10-14.
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NewsDutch superyacht builder opens newly expanded interiors facility
Heesen Yachts says demand for more sophisticated interiors requires more space and equipment
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NewsAncasta named one of UK’s fastest-growing private exporters
The UK-based international boat sales firm ranked 53rd in the annual Sunday Times HSBC list
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NewsAlbin Pump Marine expands distribution network
Albin Pump Marine, the Swedish pump manufacturer, has appointed Lankhorst Taselaar as its new distributor for the Benelux and Germany. The agreement was signed at the recent Düsseldorf Boat Show.
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NewsEU warns Malta over incorrect VAT on yacht leases
The European Commission has sent an additional letter of formal notice to Malta whose authorities it accuses of not levying the correct amount of the value-added tax (VAT) on the lease of yachts. Brussels claims that Valetta failed to properly modify its tax system in response to earlier requests by ...
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NewsStrong finish to 2019 leaves US registrations flat
A strong sales finish in Q4 saw US powerboat registrations up to close the year nearly even with 2018, according to data released by the National Marine Manufacturers Association (NMMA). Fourth-quarter 2019 sales were up 4% on a rolling three-month year-over-year basis and ended the year down 1% on a ...
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NewsMETSTRADE show director steps down
Having organised the most successful METSTRADE Show to date last November, Irene Dros is stepping down as director of METSTRADE at RAI Amsterdam in order to seek new challenges.
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NewsDP World to be taken private after Nasdaq Dubai delisting
DP World, parent company of DP World Marinas, P&O Marinas, Dubai Maritime City and Al Jaddaf, is to be taken private after delisting from the Nasdaq Dubai stock exchange. This is effectively a deal within the Dubai state-owned corporate holdings as Port & Free Zone World, the parent of DP ...
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NewsWilliams Jet Tenders makes key promotion
Williams Jet Tenders in the UK has promoted long-serving team member Dan Bloice-Smith to the role of development director. In his new position, Bloice-Smith will oversee the development of all new products for Williams, as well as the ongoing evolution of the existing range.
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NewsThe future is here: Nautique charges forward with award-winning, all-electric tow sport boat
The Nautique GS22E The first all-electric boat capable of delivering a “normal watersports use experience” was introduced to the Miami International Boat Show (MIBS) last week by Nautique Boats, and not surprisingly, was named a National Marine Manufacturers Association (NMMA) Innovation Award winner for Electrical Propulsion. The ...
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NewsJonathan Timianko | PierShare
Market Disrupter: US start-up PierShare is bringing the Airbnb concept to boat docks. An empty dock at the end of his parent’s new Floridian home got city worker Jonathan Timianko thinking there had to be a smart way of making the asset pay for dock owner and boater alike…
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NewsTaiga Motors appoints global superyacht dealer
Taiga Motors, the Canadian snowmobile manufacturer that recently entered the electric watercraft market when it launched its Orca PWC in September last year, has chosen Superyacht Tenders and Toys (SYTT) in the UK to serve as its global dealer.
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NewsFischer Panda UK hosts first partner training event
Around 25 representatives attended a recent session in Verwood
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NewsInvincible launches new cat, branding campaign as it enters international waters
With the Miami International Boat Show (MIBS) right in its backyard, Invincible Boats – maker of monohull and catamaran open fisherman-style offshore boats since 2006 – announced a new model and a new branding campaign as the company begins international operations as part of an aggressive growth campaign.
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NewsStrong turnout for 2020 Helsinki show
This year’s Helsinki International Boat Show (Vene 20 Båt) saw an 8.7% increase in visitor attendance compared to last year’s edition – the largest growth percentage in the 18-year history of the show. Almost 70,900 people visited the event, which ran from February 7-16 at Messukeskus Helsinki, Finland.
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NewsUkrainian government backs building of largest marina in the country
Ukranian President Vladimir Zelensky has supported the implementation of one of the most ambitious projects in the history of Ukraine’s leisure marine sector – the building of a new yachting complex and marina in Yuzhne, a port city on the Ukranian Black Sea coast.
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NewsMarquis Yachts in for the long haul; sale imminent
CEO Rob Parmentier: A deal could come as early as this week or next
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