Market News – Page 422
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NewsBusy year planned for Hudson Yacht Group
The Hudson Yacht Group, based in Xiamen, China, is experiencing a busy time, particularly with its HH Catamarans division. The later was jointly founded by Paul Hakes who recently returned as Hudson’s chief of operations China from a year-long cruising sabbatical.
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NewsSanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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NewsUK firm makes Sunday Times Virgin Atlantic Fast Track 100
The UK’s Superyacht Tenders & Toys (SYTT) has made the Sunday Times’ Virgin Atlantic Fast Track 100 list for the second year running.
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NewsFinnboat names new chairman
Finnboat, the Finish marine industries federation, has elected Kim Koskinen, country manager of Vetus Oy, as its new chairman of the board.
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NewsMiami show organiser seeks long-term deal
The Virginia Key Advisory Board (VKAB) and the National Marine Manufacturers Association (NMMA) met again recently to discuss maximising use of the island that hosts the trade association’s Miami International Boat Show (MIBS) and the Miami Marine Stadium.
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NewsLignia Wood Co appoints new dealer for Italy and Switzerland
Growing involvement with yacht market
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NewsAmico inaugurates 4,000-tonne capacity shiplift
Genoa-based Amico & Co officially inaugurated it new €27m, 4,000-tonne capacity shiplift on Thursday. The new facility is not only an important development for this global leader as a superyacht refitter, but also a major bonus for Genoa in its ongoing campaign to become a key superyacht hub.
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NewsSA’s Vanessa Davidson appointed chair of IMCI
South African Vanessa Davidson has been elected as the new chairperson of the International Marine Certification Institute (IMCI), the organisation announced this week.
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NewsLarger marina and new onshore developments to give boost to SCIBS 2020
The 32nd edition of the Sanctuary Cove International Boat Show (SCIBS 2020), to be held May 21-24, will benefit from an expanded marina and various onshore upgrades which are all gearing up for next year’s event to match the success of SCIBS 2019. SCIBS is one of the two leading ...
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NewsHustler Powerboats founder dies
The high-performance boating industry is mourning the loss of Hustler Powerboats founder Paul Fiore, who died unexpectedly on Tuesday at the age of 76.
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NewsVolvo Penta developing new electric driver interface
New interface to aid shift into electric boating
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NewsBRP celebrates record Q3
Quebec, Canada-based BRP Inc released third quarter results for its 2019 fiscal year today, celebrating what president and CEO José Boisjoli described as the company’s best third quarter ever with year-over-year increases in total revenues, gross profits, net incomes and EBITA.
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NewsNew Bill brings Australian foreign-flag charter licence a step closer
Superyacht Australia will be hoping that it will be a case of third time lucky with regards to securing a licence deal that will enable foreign-flagged superyachts to perform charters while in Australia. Over recent years two previous attempts have not made it through the smallest of margins.
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NewsMARIN welcomes SMEs with ambitious ideas
In 2020, the Maritime Research Institute Netherlands will again open its facilities to five SMEs to test a new maritime concept, see if it works and demonstrate it.
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NewsSea Pro Boats chooses Dometic
Sea Pro Boats in the US has chosen Dometic’s SeaStar Optimus EPS and SeaStar Power Assist steering as standard equipment on its larger, high-horsepower boat models.
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NewsBoat & Fun Berlin hits visitor milestone – how does it compare to other shows in the region?
After four days and a pre-start with the prestigious Gala Night of Boats, the Boat & Fun Berlin boat show ended with a big growth in exhibitors, exhibition space and visitors. The fact that Boat & Fun Berlin is booming is clear when looking at the figures published after the ...
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NewsSuperyacht sinks off Indonesian island
The 29m (100ft) sailing superyacht Asia sank some 55Nm off an Indonesian island on the weekend after hitting an unidentified object. During the incident, the UK Coastguard and other agencies helped rescue the four people who were on board, including two British citizens.
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