Market News – Page 431
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News
US powerboat registrations flat in August
New powerboat registrations in the US were down less than one percent in August, according to the National Marine Manufacturers Association’s (NMMA) 12-month, year-over-year rolling scale while down 2% on the rolling three-month, year-over-year basis.
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NewsBahamas marinas ‘closing ranks’ following Hurricane Dorian
Following the destruction of five marinas in the path of Hurricane Dorian that slammed the Bahamas in August, the Association of Bahamas Marinas (ABM) is “closing ranks” in an effort to hasten recovery, according to ABM executive director Basil Smith.
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NewsGreek fleet grows under National Strategic Reference Framework
This summer saw the first wave of a fleet of generously subsidised yachts in Greece. This is the result of a highly controversial political choice by the previous government to include the yacht market in the National Strategic Reference Framework (ESPA) in times of economic crisis.
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NewsJapan’s marine industry assesses typhoon impact
Three days after the 130 mph winds and torrential rains of Typhoon Hagabis hit central Japan, the full effects on the marine industry are still unknown
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News
US$3.1m grant helps pay for Palm Beach marina facelift
Palm Beach, Florida received some relief in its US$33.6m Town Marina reconstruction project in the form of a US$3.1m State grant from the Florida Inland Navigation District.
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NewsAnytec Boats appoints CEO
Thomas Jansson has been appointed CEO of Sweden’s Anytec Boats, which includes the Anytec and Ockelbo brands.
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NewsHawaii harbour fee increase doubles some rents
Faced with nearly US$310m of maintenance and capital improvement costs at some 16 small boat harbours around the state, the Hawaii Department of Land and Natural Resources Division of Boating and Ocean Recreation (DLNR) is imposing fee hikes on November 1 that could, in some instances, double a boater’s mooring ...
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NewsAnnapolis Yacht Sales announces charter division
Annapolis Yacht Sales (AYS) is partnering with Navigare Yachting to bring a new yacht charter service to the Chesapeake Bay area of the US.
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NewsBeneteau CEO points to new strategic direction in Les Echos interview
The hundreds of suppliers and dealers for one of world’s largest boatbuilders should expect significant changes in the coming year; Former CEO takes issue with successor’s statements
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News
University of Maine sets three ‘world records’ with 3D printed boat
The University of Maine (UM) has secured three ‘world records’ with the successful production of a 25ft, 2.5-tonne boat created from a blend of plastic and wood cellulose and produced by a 3D printer.
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NewsEcoworks Marine expands in Asia
Seal Superyachts to distribute the Ecoworks range of environmentally friendly cleaning products on the Asian market
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NewsDurban boat show to be incorporated into bigger logistics event
After two postponements, the Durban Boat Show is finally set to go ahead – but it will look nothing like previous editions
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NewsTecnoRib expands in Oceania
TecnoRib, the official licensee of the Pirelli brand of inflatable boats, has signed an agreement with Barbagallo Marine for the official distribution of its RIBs and jet tenders in Australia.
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NewsSpirit Yachts launches new flagship
The UK’s Spirit Yachts has launched its new flagship 34m sailing yacht, the Spirit 111. Lowered into the water for the first time at Spirit’s waterside headquarters in Ipswich, Suffolk, the sloop-rigged yacht is said to be the largest single-masted wooden yacht to be built in the UK since Shamrock ...
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NewsFerretti extends its IPO offer period
In view of the ongoing discussions with institutional investors, the Italian yachtbuilder Ferretti Group has extended the offer period for the pending listing of its shares on the Milan Stock Exchange
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NewsCannes show management decision further delayed
The long-running legal dispute between the Fédération des Industries Nautique and show organiser Reed Exhibitions France will not be heard by the Paris Court of Appeals until December 2020
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NewsJetten Jachtbouw sold
Jetten Jachtbouw of the Netherlands has been sold to MSAR, a Malta-based group of companies owned by Jack Wijnants.
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News‘Sustainability’ key focus of Barcelona show
Sustainability in the leisure marine industry is the key focus of the 2019 Barcelona Boat Show, which is now in its 58th edition. The theme is complementary to the show also reflecting the recovery of the boating sector with 7% growth in 2018.
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NewsTrafalgar Shipyard rebrands
The UK’s Trafalgar Shipyard – formerly known as Trafalgar Wharf Shipyard and part of The Trafalgar Group, formerly known as Trafalgar Wharf Group – has undergone a rebranding with a new corporate brand name, new slogan, and a new focus.
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NewsFasco Fastener sold
Wurth Industry North America has acquired Fasco Fastener, a distributor of stainless steel, silicon bronze and brass fasteners, as part of its global growth strategy.
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