Market News – Page 415
-
NewsRecreational boating opposes ‘Right to Repair’ legislation
The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed by ...
-
NewsNuova Jolly appoints exclusive Indonesian dealer
Nuova Jolly, the Italian inflatables specialist, has chosen Yacht Sourcing to serve as its exclusive dealer in Indonesia, Thailand and Singapore.
-
-
NewsABYC announces second annual Educator Training Conference
The American Boat and Yacht Council (ABYC) has opened registration for its second annual Educator Training Conference, scheduled to be held from July 21-23 in Annapolis, Maryland.
-
NewsCivil engineering firm to invest US$70.5m in French marina
Eiffage has secured a concession to operate the Baie des Anges marina
-
NewsNew location, procedures for Miami Boat Show Innovation Breakfast
This year’s ‘State of the Industry’ address will be held at the Rusty Pelican Restaurant
-
NewsMultiple fatalities feared in Alabama dock fire
At least two people are dead and nine people missing in a blaze this morning at Jackson County Park
-
NewsSanctuary Cove and Sydney shows set for strong 2020
The two biggest boat shows in Australia – the Sanctuary Cove International Boat Show (SCIBS) from May 21-24 and the Sydney International Boat Show (SIBS) from July 30 to August 3 – are both reporting positive industry response to the 2020 editions of each show.
-
NewsBavaria Yachts buys Greenline Neo series to enter the outboard market
German boatbuilder Bavaria Yachtbau GmbH has announced that it will add outboard motorboats to its current lineup of sailboats, inboard motorboats and catamarans with the addition of the Greenline Neo series, acquired from the Slovenian SVP Yachts Shipyard. The sale will be completed in March.
-
NewsItaly’s ISG yacht group is next up for an IPO
The latest boat industry company to set its sights on a public listing is the Italian Sea Group, with plans to float up to 35% of its share capital on the Italian stock market in the second half of 2020
-
News
Humphree reports buoyant sales
Humphree, a Swedish company that pioneered the introduction of interceptors to control the pitching movements of fast craft, has reported a 50 % increase in sales over the past year.
-
NewsAppointment at Xantrex
Mission Critical Electronics (MCE) – parent company to Burnaby, Canada-based Xantrex marine power systems – announced Thursday that Xantrex vice president and general manager Richard Gaudet has been named president of MCE’s marine power division with responsibility for the Xantrex, Newmar and ASEA brands.
-
NewsMarineMax raises earnings guidance based on record Q1 results
America’s largest recreational boat and yacht retailer announced 26% growth for the quarter ending December 31 and has boosted its guidance for full 2020 earnings by 15%. The company’s share price jumped 20% in early trading in response to the news.
-
NewsDutch builder launches North American department
Zeelander Yachts of the Netherlands has announced the launch of a Zeelander North America, a new department based in Ft Lauderdale, Florida and led by Anthony Baranello.
-
NewsHighfield becomes custom tender supplier for Leopard Catamarans
US builder will offer its Highfield Classic and Classic Deluxe models branded for the Leopard line of 40ft-58ft boats
-
NewsStrong turnout for Toronto industry breakfast
It was a full house at the Beanfield Centre on the Toronto waterfront Tuesday morning as NMMA Canada presented its annual Industry Breakfast at the Toronto International Boat Show.
-
NewsPolish export strategy gains government support
The Polish Chamber of Marine Industry and Water Sports (Polboat) confirmed a new export promotion package for 2020 and 2021 at a press conference during this week‘s Düsseldorf Boat Show.
-
NewsBeneteau enters expedition market
Group Beneteau has announced its entry into the expedition yacht segment with Project E – a new line of displacement yachts which will be launched in 2021 in two lengths – 62- and 73-feet. Models of the new vessels are on display at Boot Dusseldorf.
-
NewsBeneteau’s activity report highlights a year of rapid expansion
Spend under 2 minutes to see the highlights of Beneteau Group’s 2018-19 fiscal year, in which the French builder sold more than 9,800 boats, introduced 32 new models and achieved revenues of €1.14 billion in it’s Boat Division
-
NewsSunseeker significantly improves new-build productivity across the range
At its annual Boot Düsseldorf press conference, Sunseeker International reported that it strengthened its financial performance in 2019 and that its new-build productivity had improved significantly right across its range.
LinkedIn
X / Twitter
Facebook
Email us
