Market News – Page 417
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NewsHorizon demonstrates new 6D infusion process
Taiwanese boatbuilder unveils technology at its Open House this week in Kaohsiung
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NewsItalian yard re-enters market with new vision
Italian shipyard Aicon Yachts has re-entered the market with a new semi-custom model, the 20m Aicon 66, due for launch soon.
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NewsTorqeedo appoints VP of sales for EMEA
Torqeedo, the German electric propulsion specialist, has named Jochen Engelmann as its new vice-president of sales for Europe, the Middle East and Africa (EMEA).
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NewsYachting logistics and transport specialists link to offer sailing sector solutions
A new partnership between two leading players in the yacht transport and event logistics areas has been agreed to “provide additional professional transport solutions to the sailing sector”. The two partners are GAC Pindar, the marine leisure, sports and event specialist arm of the GAC Group, and BBC Yacht Transport, ...
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NewsNMMA, Transport Canada reach MOU to streamline boat importation regulations
The National Marine Manufacturers Association (NMMA) has entered into a Memorandum of Understanding (MOU) with the Canadian government which will reduce paperwork for manufacturers exporting boats to Canada.
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NewsUS/China trade deal keeps tariffs in place, Senate set to approve USMCA
The US and China are expected to sign a “phase one” trade deal today that would keep tariffs in place on some US$360bn in Chinese goods until after the US presidential election in November, while the United States Senate is expected to approve the US-Mexico-Canada (USMCA) trade pact on Thursday.
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NewsUS show producer to host two new events in 2020
Showpiece Shows, a US producer of boat shows and other luxury events, has partnered with Steelpointe Harbor in Connecticut to produce two new shows at Bridgeport Harbor Marina in 2020. The newly built venue is expected to appeal to boating enthusiasts and luxury-focused consumers along Long Island Sound and beyond.
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NewsTurkish yard sells five more superyachts
Turkish motoryacht producer Numarine has announced the sale of five more expedition superyachts from its successful XP Series. The company recently sold four units of the 26XP model (hulls #7, 8, 9 and 10) and one more unit of the 32XP (hull #4).
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NewsLiqui Moly reports record turnover
Liqui Moly, the German oil and additive specialist, has reported record turnover of €569m in 2019 – a 4% increase over the previous year and a new sales record.
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NewsUS marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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NewsPolaris appoints Koelsch to newly-created chief digital officer role
Polaris Inc, parent company to the Bennington, Godfrey, Hurricane and Rinker boat brands, has named Victor Koelsch as its new chief digital officer, effective immediately.
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NewsOyster Yachts founder to join board
Richard Matthews, founder of the blue-water cruising yacht brand Oyster Yachts, has accepted an invitation from current owner, Richard Hadida, to join the board. In a statement, the UK yacht-builder suggested that this acceptance was “a testament to Matthews’ faith in the future of the company he founded almost 50 ...
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NewsAzimut achieves good sales growth in Brazil and expands sales facilities
New sales centre opened as Italian yard eyes more double-digit growth in the region
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NewsHigh water, freak storm wreak havoc for Lake Michigan marinas
Already high water and winds from a freak winter storm that caused waves as high as 23ft on Lake Michigan has closed roadways, damaged public and private docking and caused one municipality to dismantle its marina in order to save it.
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NewsNew interim CEO and other key personnel changes at Gulf Craft
Comprehensive management re-structure with new COO and CCO also named as UAE builder as it looks to expand
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NewsNatural Resources Ministry steps in for BVI Trellis Bay derelict boat clean up
Ministry of Natural Resources, Labour and Immigration declares “emergency cleanup” operation following complaints from local businesses and tourists
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NewsGuangzhou to host water sports and leisure activities show
Combined three day event expected to attract some 30,000 public and professional trade visitors
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NewsDespite strong 2020 outlook for boat sales, economists less bullish about general US economy
Boat industry proving resilient in face of economic headwinds
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News€30m+ upgrade planned for Gibraltar’s Marina Bay marina
Total remodelling of marina from traditional Mediterranean style
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NewsLippert expands its footprint in the window segment & Europe
The US-based equipment manufacturer Lippert Components announced completion yesterday of its acquisition of the Polyplastic Group, a Dutch specialist in acrylic window and door products
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