Market News – Page 432
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NewsFerretti IPO roadshow ends in Zurich tomorrow
CEO Alberto Galassi lays out Ferretti’s prospects to investors in London, Frankfurt, Paris and Zurich this week ahead of its debut on the Milan stock exchange.
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NewsHorizon holds 2nd annual Rendezvous Down Under
Taiwan’s Horizon Yachts held its 2019 Global Horizon Yachts Owner Rendezvous in Australia’s Whitsunday Islands last month.
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NewsSpanish boat registrations up 9.1%
Spain’s National Association of Nautical Companies (ANEN) has announced that the country’s recreational boat registrations expanded by 9.1% year-on-year to 5,478 units in the first nine months of 2019.
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NewsBerthon Spain hires Guardiennage captain
Mike Barnes has joined Berthon Spain in Palma to head up the company’s Guardiennage services. Barnes joins the company from Oyster Yachts, where he has spent the last four years in a similar role.
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NewsUS interiors specialist merges with Italian SY yard
Genesis Interiors, a US-based builder and installer of handmade luxury interiors for yachts and private homes, has merged with Italy’s Cantiere Viareggio.
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NewsMRAA announces speakers for first-ever Dealer Week
The Marine Retailers Association of the Americas (MRAA) has revealed the first three speakers for its ’10 x 10 Series’ held during Dealer Week from 8-11 December in Tampa, Florida.
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NewsFerretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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NewsIBEX ends on high
The 29th International BoatBuilders’ Exhibition and Conference (IBEX) closed on Thursday, October 3rd with early indications that attendance figures were up from last year for the three-day event. IBEX was a tremendous success with more than 700 exhibitors – 100-plus new to the show – from 25 countries filling the ...
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NewsPrincess appoints exclusive NZ distributor
Christchurch-based boat dealership Sports Marine Ltd has secured exclusive distribution of Princess Yachts for the first time into the New Zealand market.
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NewsBoat Fix partners with Sea Pro Boats
Boat Fix, the 24/7 marine customer service company, has partnered with Sea Pro Boats, the centre console saltwater fishing boat manufacturer, to provide an enhanced owner experience – Sea Pro Connect Powered by Boat Fix.
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NewsFirst Queensland marina awarded Platinum accreditation
Australia’s Coral Sea Marina Resort, formerly known as Abell Point Marina, is Queensland’s first facility to achieve Platinum accreditation. This accreditation, the highest possible, is awarded under the global Gold Anchors Award scheme managed by the Marina Industries Association (MIA), based in Australia, and TYHA (The Yacht Harbour Association) in ...
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NewsWelsh marina group secures funding
The Cardiff, Wales-headquartered marina and boating services group, Marine & Property Group (MPG), has secured funding of £10.4m from the innovative financial services business, ThinCats. The new funding will be used to consolidate some existing loans and support further expansion including acquisitions and enhanced diversification in current activities such as ...
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NewsAppointment at Lippert Components Inc
Elkhart, Indiana-based parts and components manufacturer Lippert Components Inc (LCI) announced Friday that it has promoted Jamie Schnur to group president – aftermarket.
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NewsScout honours top 2019 dealers
Scout Boats, the US builder of sportfishing boats from 17ft-53ft, honoured its top dealers at the company’s annual 2020 dealer meeting in Florida.
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Port of San Diego drafts illegal charter ordinance
Many major US cities are seeing an increase in illegal charter operations, and the Port of San Diego, California, is releasing a long-awaited draft ordinance that would give the port district oversight of charter vessel operations.
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NewsFairline announces accelerated plans for 80ft-plus boats
UK boatbuilder Fairline Yachts today announced that it has accelerated the development of its larger 80ft-plus boat range thanks to the strength of sales and customer interest at recent international boat shows.
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NewsChina battles trade war with large contingent at IBEX
Despite the ongoing trade war between the US and China, a large pavilion of 22 Chinese exhibitors from rope makers to hardware and outboard engine manufacturers were on hand for the International Boatbuilders’ Exhibition (IBEX) in Tampa, Florida this week.
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NewsNew Princess representative for Ibiza
Established Balearic powerboat dealer Robbie Head is joining Princess Motor Yacht Sales (PMYS) as a sub-dealer to represent Princess in Ibiza. He will take on all new yacht sales, brokerage, servicing and maintenance for the brand on the island from April 2020.
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Competing Istanbul shows to be held this month
Two competing boat shows will be held in Istanbul, Turkey this month – one at Tuzla Viaport Marina from October 5-13 and the other in Ataköy Marina from October 16-20.
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