Market News – Page 430
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NewsFrench equipment firm opens Lorient site
Karver Systems, a French manufacturer of high-end sailboat equipment, has moved its sales department to Lorient La Base in Brittany. The company has also hired a new designer and an export sales rep.
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NewsPattaya show expected to boost tourism numbers in Thailand
The 8th edition of the Ocean Marina Pattaya Boat Show, located at the Ocean Marina venue in Pattaya on Thailand’s east coast, is scheduled to take place from November 21 this year. According to the show organisers, Ocean Property Co, the event is expected to give the Thai marine tourism ...
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NewsUK Docks buys Royal Clarence Yard
UK Docks, a British ship repair firm with facilities on Tyneside, Teesside, Plymouth and Gosport, recently acquired the 5.7-acre Royal Clarence Yard in Gosport, a former military site that offers access to deep water.
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NewsMatrix Yachts files for liquidation
Cape Town luxury catamaran builder Matrix Yachts has applied for voluntary liquidation in the Cape Town High Court.
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NewsGo Earth introduces Automatic Fender System
Go Earth is introducing an Automated Fender System (AFS) to handle deployment and lifting of fenders on any size boat at the touch of a button using a smart phone or tablet app and Bluetooth.
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NewsFerretti Group cancels planned IPO
Despite strong sales results and reported investor interest in an IPO offering 30% of the Italian yacht builder’s shares, the Ferretti Group nevertheless decided to pull the plug on the public listing in the final hours of the offer period. The builder cited deteriorating conditions in the financial markets which ...
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New French technical consultancy established
After working for the Federation des Industries Nautiques (FIN) for 20 years as its technical manager, Gregiore Dolto has established his own consulting company – CTN Conseil (Connaissances Techniques du Nautisme).
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French marina operator buys Dutch marinas
French marina operator Port Adhoc has signed a contract to acquire three marinas in the Netherlands from local group Thuishavens.
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NewsUK marine enterprise zone enters Phase 2
Work has recently started on the second of three phases of development at the Oceangate Marine Enterprise Zone (MEZ) located in Plymouth in the southwest of England. This is the first MEZ in the UK and the £7.6m contract for building Phase 2 has been part funded by the European ...
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NewsKVH appoints Southern Africa regional service provider
Global satellite communication specialists KVH have appointed Cape Town-based maritime service Anchora Enterprises as their regional Southern Africa service provider.
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UK marine firms to develop new lifecycle assessment tool
With a growing emphasis on sustainability in the marine leisure market, a new tool for lifecycle assessment (LCA) for the recreational and performance yachting sector is planned to be developed by an international collaboration between marine logistics specialist GAC Pindar and UK-based MarineShift360 that works to drive sustainability initiatives.
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NewsBig superyacht contract for VABO Composites
VABO Composites of the Netherlands is building one of the largest composite arrangements ever in the superyacht industry: the superstructure and mast of a yacht of Feadship member Royal Van Lent.
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NewsFerretti withdraws IPO
Despite positive orders, the company said current market conditions didn’t produce a sufficient valuation
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NewsC&N Asia expands sales team
Camper & Nicholsons Asia has announced Sebastien Bernard has joined the Phuket office as a sales broker.
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NewsOwner of illegal Miami charter gets federal prison time
Dallas Ladd will serve 30 days in federal prison as the result of an illegal charter operation he ran, despite US Coast Guard warnings to cease and desist. The 38-year-old Miami Beach, Florida resident is also prohibited from owning or even boarding a boat for three years after his release, ...
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NewsNew aluminium boat builder enters SA market
Mountain Marine, a new Cape Town aluminium boat builder, has launched itself into the local market with two major custom projects.
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NewsFortress Marine Anchors sold
Fort Lauderdale, Florida-based Fortress Marine Anchors has been purchased by its senior management, including the grandson of company founder Dan Hallerberg.
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Twin Cities harbor plan identifies huge potential
Michigan’s Twin Cities Harbor could be a catalyst for growth over the next 20 years if the three municipalities involved in the planning can cooperate and reach consensus, according to a consultant working on the project.
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News2019 Barcelona show attracts strong crowd
The 2019 Barcelona International Boat Show ended its five-day run on Sunday, bringing the show’s most sustainable edition ever to a close.
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NewsHansen Protection expands UK presence
Ocean Safety, specialists in the worldwide supply, distribution, service and hire of marine safety equipment, has been appointed by Hansen Protection to distribute their range of emergency immersion suits, work suits and thermal protection suits in the UK and Ireland.
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