Market News – Page 412
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NewsBoating world descends on Miami with something for everyone
From the smallest fishing lure to the largest fishing yacht, if it goes on in or around the water, boaters will find it at the Miami International Boat Show (MIBS) and the simultaneous Miami Yacht Show, which runs from February 13-17.
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NewsSentiment improves among US marine CEOs
America’s National Marine Manufacturers Association announced an increase in Q4 sentiment among marine manufacturer CEOs
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NewsLippert discusses 2019 results & 2020 outlook
Recent acquisitions in the marine sector are expected to be among the company’s strong performers in 2020
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NewsWebasto HQ to re-open February 12
Bavarian Health and Food Safety Authority applauds decisive action taken by German manufacturer in wake of coronavirus infection at its main office
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NewsGlobal tender for new Mumbai marina to launch this month
The Mumbai Port Trust (MPT) will shortly announce a global tender for the construction of a new 300-berth marina proposed for Princes Dock in the port of Mumbai. According to a report in the Free Press Journal, the value of the project is estimated at Rs 360 crore (US$50m).
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NewsHISWA Orange Yachting Group weighs new trade, marketing strategy
Having lost its superyacht unit, the former HISWA boating trade group in the Netherlands has merged with the RECRON leisure sector lobby. The HISWA-RECRON merger responds to new vacationing patterns and will raise export and trade promotion of Dutch builders of yachts to 50m (164ft) and their supply chain.
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NewsBusy start to 2020 for McConaghy in both China and Australia
McConaghy, the specialist raceboat and multihull yacht builder, has had a busy start to 2020 at both its yards in China and Australia.
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NewsScout to unveil multiple new models at Miami show
Fibreglass boat builder Scout Boats will unveil a number of new outboard-powered day boat models at the Miami Boat Show this week which reflect unique design elements achieved through its vertical integration strategy.
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NewsFinnboat reports thriving export market
Finnboat, the Finnish marine industries association, has announced that its member companies generated nearly €600m in sales last year – a 10% increase over the previous 12-month period. Employment improved and exports are growing strongly.
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NewsOCIBAR acquires Spanish superyacht marina
OCIBAR, the Spanish marina management company, has significantly expanded its operation with the acquisition for an undisclosed sum of the Port Tarraco superyacht marina in Tarragona. The purchase was made from the Qatari Diar Fund, which is linked to Qatar’s sovereign wealth fund.
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NewsTaiwan show organiser responds to Coronavirus outbreak
The Taiwanese government and the Taiwan External Trade Development Council (TAITRA), which promotes the Taiwan International Boat Show, have responded to concerns about the Coronavirus outbreak.
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Harbour Group buys SHF
Harbour Group has expanded its manufacturing and distribution capabilities with the acquisition of SHF, a supplier of stainless adaptors, fluid power fittings, instrumentation fittings and valves to a variety of industries, including marine, manufacturing, chemical, and oil and gas.
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NewsYamaha expands technical school partnership program
Yamaha Marine has expanded its technical school partnership program in the US with the official grand opening of a new marine technology building at National Park College in Hot Springs, Arkansas.
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NewsT-H Marine acquires US distributor
Alabama, US-based marine equipment supplier T-H Marine Supplies has acquired First Source Marine, a Florida-based wholesale distributor specialising in sporting goods equipment.
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NewsMalibu Boats reports solid Q2 sales
Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder
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BoatyBall cruises into 2020 with over 10,000 reservations
BoatyBall, which provides web-based mooring-ball reservations throughout the British Virgin Islands, has kicked off 2020 by surpassing 10,000 reservations. The North Carolina-based company has signed over 9,000 subscribers in just 13 months and claims it is on track to add 600 new members a month throughout the year.
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NewsCMC Marine in supply deal with US builder
Italian stabilisation specialist CMC Marine has signed its first new-build contract in the US with Marlow Yachts. The Tuscan company recently supplied the well-known US brand with Stabilis Electra stabilizer fins for a new Marlow Explorer.
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