Market News – Page 429
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NewsDutch SY builders to benefit from infrastructure upgrade
€215m upgrade of lock, bridges boon for Dutch superyacht yards
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NewsDelayed Tampa Boat Show opens Friday
Delayed by more than a month under threat from Hurricane Dorian, the Tampa Boat Show opens officially on Friday, following a “VIP Sneak Preview” on Thursday evening.
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NewsIreland Afloat buys Glasgow-based Yachting Life
The Irish online yachting news outlet, Afloat.ie, has recently acquired Scottish boating magazine Yachting Life, the future of which was in doubt following the takeover of the company by a large international publishing group headquartered in Germany.
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News
Marseille eyes new marina for 2024 Olympics
The municipal authorities of Marseille are deliberating on a project worth around €25m (US$27.5m) to build a new marina for the Olympic Games that are scheduled to take place in France in five years.
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NewsSingapore government moves to take over Keppel and Sembcorp Marine
The Singaporean government is bidding to acquire a controlling stake, using its Temasek Holdings investment arm, in Keppel Corporation – a large, diversified business group with significant marine activities in shipbuilding and the offshore sector. The marine interests include Marina at Keppel Bay, one of Singapore’s key yacht marinas.
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NewsRelatively flat Q3 for Marine Products Corp
Fibreglass boat builder Marine Products Corp (MPC) reported relatively flat sales for the third quarter of 2019, with higher volumes of outboard-powered boats offsetting declines in sales of sterndrive models.
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NewsAkzoNobel reports sunny Q3 results, buys back shares
AkzoNobel, the Dutch paints and performance coatings multinational, reports a 23% rise in Q3 profit lifting it to €300m, up from €243m in the same 2018 period.
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NewsGianneschi Pumps & Blowers celebrates 50 years
Italy-based Gianneschi Pumps & Blowers hosted a large delegation of international dealers at its facilities in Versilia earlier this month to help celebrate its 50-year anniversary.
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NewsNMMA releases full 2018 Statistical Abstract
The National Marine Manufacturers Association (NMMA) has released its completed 2018 Recreational Boating Statistical Abstract, billing it as the ‘most comprehensive collection of industry data and a trusted source for recreational boating statistics’.
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NewsStrong sales at 2019 Auckland On Water Boat Show
New Zealand’s 21st Auckland On Water Boat Show ran over last weekend (October 3-6) and positive results have the New Zealand marine industry feeling buoyant.
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NewsTender call for Greek marina concession
Greece’s Hellenic Republic Asset Development Fund (HRADF) today invited invitations from interested parties for a concession of at least 35 years at Itea Marina through an advertisement in The Financial Times. It is the latest move in the country’s privatisation plan for a number of marinas and tourist ports.
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NewsIndustry rallies behind 1st Thailand Charter Week
The first Thailand Charter Week is producing strong interest from regional and international companies in the charter and marine tourism sector. The show is anticipated to have a successful first edition at the Phuket Yacht Haven venue, with 22 yachts confirmed so far.
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NewsPolaris Q3 revenues up, but not in marine
Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.
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NewsObituary: Olaf Theodore Harken
Olaf Harken, co-founder of US deck hardware manufacturer Harken Inc, passed away yesterday in Pewaukee, Wisconsin. He was 80.
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NewsGrand Banks revenue hits 10-year high
The luxury yacht builder said seven new orders have boosted the Group’s order book to S$52.8m in the first quarter
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NewsPacsoft International sold
Jonas Software has acquired marina management software specialists Pacsoft International for an undisclosed sum.
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NewsAquatic AV expands UK presence
Aquatic AV, a US manufacturer of specialist waterproof AV equipment, has appointed Marathon Leisure as its exclusive distributor in the UK.
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NewsIJC appoints two new members to Lake Ontario-St Lawrence River management board
Bi-national agency regulating Great Lakes water levels adds two new board members to secure broader input toward policy decisions
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NewsDeputy Transport Minister praises Cape Town boatbuilders at CT boat show launch
South Africa’s deputy Transport Minister Dikeledi Magadzi on Friday lauded the country’s boatbuilding sector as an inspiration to other local industrial sectors, particularly in relation to innovation and diversity.
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NewsWide-ranging programme planned for METSTRADE
This year’s METSTRADE Show, which runs from November 19-21 at RAI Amsterdam, is to feature an extraordinary selection of learning opportunities. A dedicated program spread across three stages on the METSTRADE exhibition floor will cover a wide range of inspiring technical and engineering topics.
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