Market News – Page 418
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NewsSpain sees increase in boat registrations in 2019
Small and medium-sized power sector remains engine room for growth, while charter sector sees rebound too
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News2019 saw second highest US boat sales in 12 years, 2020 outlook strong
US winter boat show season kicks off in earnest this week generating as much as 50 percent of annual sales for dealers and manufacturers
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NewsMichigan Marine Propulsion names new distributor in Finland
Duell to handle both Outboard and Sterndrive propeller ranges
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NewsBalmar expands presence in Spain
FJ Blasco to distribute Balmar’s DC battery charging products on the Spanish market
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NewsFairline expands Asian dealer network with Simpson Marine
Hong Kong-based yacht sales and brokerage firm Simpson Marine has extended its Fairline Yachts dealership into North and South East Asia.
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NewsGemeco director elected to NMEA board
The National Marine Electronics Association (NMEA) in the US has elected Peter Braffitt to serve on the board of directors as a trade member. He began his three-year term on January 1, 2020.
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NewsZ Nautic Group appoints UK distributor
French inflatables specialist Zodiac Nautic Group has chosen EP Barrus to serve as its exclusive distributor in the UK and Northern Ireland. Barrus will offer the company’s full range of Zodiac and Bombard RIBs, foldables, tenders and liferafts.
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NewsDiscovery Yachts latest; creditors meeting held today
The UK’s Discovery Yachts Group (DYG) has been rescued from administration in a pre-pack deal which involved the establishment of a new UK holding company formed by the largest DYG shareholder, Binti Investment GmbH. The deal, for which no value has been given, means that all yachts currently in build ...
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NewsSea Pro Boats to build new facility in South Carolina
Sea Pro Boats in the US is investing more than US$3m on a new facility in Fairfield County, South Carolina. Located in Winnsboro, it will be the fishing boat manufacturer’s second location in South Carolina and is expected to create 135 new jobs.
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News6th Athens International Tourism Expo attracts diverse crowd
Following the success of the Athens Boat Show in December, the 2019 Athens International Tourism Expo – held from December 6-8 at the city’s Metropolitan Expo – attracted a broad audience, although yachting and sea tourism were the dominant sectors.
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NewsSunseeker unveils details of new Manhattan 55
The UK’s Sunseeker International has unveiled details of its latest flybridge model, the Manhattan 55. It follows the success of the Manhattan 52 – the group’s fastest-selling model in history, having delivered 131 units since its introduction in autumn 2016.
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NewsIGY grows European marinas network with Spanish deal
Island Global Yachting (IGY) has expanded its Mediterranean marinas network with the addition of the Puerto de Malaga marina in southern Spain, its third facility on top of the ones it already operates in France and Italy.
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NewsSouth Coast Boat Show to expand in 2020
The 2020 South Coast Boat Show, the second edition of the UK event launched last year, is set to be larger with more international brands present. The show is scheduled to be held from May 15-17 at Southampton’s Ocean Village marina.
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NewsTaiwan boatbuilder wins government excellence award
Taiwanese boatbuilder Kha Shing has been awarded the 2020 Taiwan Excellence Award for its new Monte Fino F76 Fly Bridge Motor Yacht (V76).
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NewsPon Holdings acquires RH Marine Group
Pon Holdings is acquiring all of RH Marine Group by buying the majority stake that private equity firm Parcom Capital holds in the Dutch marine services provider. The two companies became joint shareholders in 2015.
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NewsRaritan Engineering appoints NZ distributor
Raritan Engineering, the US manufacturer of marine sanitation components and systems, has added New Zealand-based Lusty & Blundell to its roster of international distributors.
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NewsNorwegian boat sales back on track
After a downturn, the Norwegian boat market is back on a high level again. According to Batliv.no, sales have grown steadily since 2013 when the market hit a low of NOK 1.7bn (€170m) in sales.
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NewsNew CEO and structure for Damen
Arnout Damen has become the new CEO of Damen Shipyards Group, which includes Dutch yacht-builder Amels. At the same time, this major shipbuilding company is switching to a divisional structure to serve the market more effectively and efficiently.
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NewsFountaine Pajot eyes investments in capacities amid higher sales
Boatbuilder’s higher revenues to stimulate investments
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