Market News – Page 425
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News3rd International Superyacht Summit to be held in Dubai
Under the patronage of Dubai Ports World subsidiary P&O Marinas, the third edition of the International Superyacht Summit is to take place in Dubai next year from March 11-12.
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NewsStrong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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NewsUK SY tender manufacturer to present at Cornwall Marine Conference
Henry Ward, the design director of Cockwells Modern & Classic Boatbuilding in the UK, a leading bespoke superyacht tender builder based in Mylor, will make one of three presentations at the annual Cornwall Marine Conference. The event is being held on November 14 at the National Maritime Museum in Falmouth.
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NewsTwo global firms win La Ciotat shiplift design-build contract
La Ciotat Shipyards in the South of France has awarded the design-build contract for a new 4,300-tonne shiplift to a partnership between French company Matière and US-based Bardex Corp.
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Mechanical Products appoints new sales rep
Mechanical Products Company (MP), the US-based circuit breaker specialist, has added IMDS to its team of sales representatives.
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NewsParty with the USA at METSTRADE
The nearly 90 METSTRADE exhibitors from the US will host a reception on Day Two of the 2019 international trade conference in Amsterdam on 20 November.
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NewsNo London Yacht Show until at least 2021
There will be no London Yacht Show in 2020. This was confirmed to IBI by Andrew Williams, president, Maritime for Informa, the owner and organiser of the event following its takeover of the former London On-Water Show in 2018. Informa is also the owner and organiser of other leading yacht ...
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NewsNZ sets up Marine Electrification Fund
New Zealand has set up a Marine Electrification Fund to encourage the use of electric propulsion and has announced the first recipients of four grants. These are for passenger ferries and the world-famous Shotover Jet canyon river ride boats.
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NewsAmsterdam ‘Bubble Barrier’ traps plastic but not fish, boats
In a global first, an environmental project has been launched in the Port of Amsterdam that uses a curtain of rising air bubbles to trap plastic waste preventing it from reaching the North Sea.
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NewsMaldives Marine Expo 2020 gets new dates, location
Since it started in 2014, the annually-held Maldives Marine Expo (MME) has made consistent progress each year and this is planned to continue for the 6th edition in 2020 when it is hoped to find a new location that will allow the on-water show and the exhibitor stands to all ...
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NewsDouble-digit sales success for Maritimo at FLIBS
Australian yacht-builder Maritimo has reported double-digit sales at this year’s Ft Lauderdale International Boat Show (FLIBS), resulting in a strong end to a year in which the brand set out to strengthen its presence in the US market.
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Maltese marina expansion project halted amid residents’ protests
The Authority for Transport in Malta has released a planning application indicating plans to expand the marina in Kalkara from 21,000sq m to as much as 35,000sq m. However, shortly after the plan was made public, local residents have forced the authorities to assure them that the marina will not ...
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NewsUS Senate spending bill includes boating industry priorities
The United States Senate last week passed a package of appropriations bill that includes funding for some of the recreational boating industry’s top priorities. The move allows members of the Senate and House to meet in conference committee to negotiate a resolution to the differences in spending bills passed by ...
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NewsLignia Wood Co joins Water Revolution Foundation as corporate partner
Lignia Wood Company, a British timber modification business whose Lignia Yacht range is a real-wood alternative to Burmese teak, has joined the Water Revolution Foundation as a corporate partner.
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NewsWeatherford Capital makes third multimillion-dollar investment in Safe Harbor
Safe Harbor Marinas has received a US$41m infusion of cash from Weatherford Capital, the third multimillion-dollar investment from the Tampa, Florida-based private equity firm since 2017.
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NewsAB Inflatables unveils new Jet Tenders at FLIBS
Yacht tender and RIB producer AB Inflatables officially launched two new AB Jet Tenders at the 2019 Fort Lauderdale International Boat Show (FLIBS).
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Entry deadline set for Minneapolis Boat Show Innovation Awards
Exhibitors have until 20 December to submit entries for the 2020 Minneapolis Boat Show Innovation Awards. The awards will be presented during the Sneak Peek Evening on Wednesday 22 January in the show’s lifestyle feature booth.
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NewsDigital navigation firms merge
Around 500 superyachts stand to benefit from a merger between UK-based ChartCo and Canada’s Marine Press. The get-together creates a major new force in the provision of global digital navigation solutions and will operate under the OneOcean brand name.
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News2019 Scottish Boat Show described as “roaring success”
The 2019 Scottish Boat Show (SBS 2019) was described as “a roaring success” by a number of exhibitors. The event, the largest of its kind in Scotland and the second largest show in the UK, was attended by more than 13,000 people over its three days – a small increase ...
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