Market News – Page 433
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News
IBEX Grow Boating presentations available online
A panel of five marketers and researchers shared strategies and tactics on using the latest developments in digital marketing to boost boat sales during the Grow Boating Marketing Summit, kicking off the three-day International Boatbuilders’ Exhibition (IBEX).
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NewsNZ marine distributor joins Zhik’s global board
Simon Hull, managing director of Zhik’s New Zealand distributorship, is stepping up to a strategic position on the board of Zhik’s global business. The Australia-based technical apparel producer describes the move as a change of focus for Hull, who will further grow and drive the NZ market as well as ...
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NewsSafe Harbor Marinas acquires Newport Shipyard
Newport Shipyard in Newport, Rhode Island, has been purchased by Safe Harbor Marinas, becoming the 85th property for the Dallas, Texas-based owner operator, which has facilities in 19 states.
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NewsCanadian recreational trade associations form advocacy coalition
Representatives from a dozen Canadian trade organisations focused on different forms of outdoor recreation have aligned to form the Canadian Outdoor Recreation Roundtable (CORR), an advocacy coalition designed to unite industry stakeholders behind policies and legislative reforms focused on economic growth, environmental protection, infrastructure development and the national promotion of ...
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NewsNew dates, location for Viareggio show
The organisers of the Versilia Yachting Rendez-vous have announced that next year’s edition will be held from May 28-31, taking up a more strategic position on the calendar of nautical-related events.
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NewsNew details emerge on Ferretti IPO
According to a report on the online Market Watch financial news service, Italy’s Ferretti Group plans to list around 30% of its stock on the Milan Stock Exchange this month.
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NewsBrunswick Acceleration Division speeds Freedom Boat Club to 200
Brunswick Corp used the milestone of the 200th franchise signed by Freedom Boat Club (FBC) to better define its Acceleration Division, which was formed last January with the mission of expanding participation in boating.
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NewsWatski AB forms new wholesale unit
Watski AB, a Swedish company owned by Denmark’s Fritz Schur Group and one of the leading distributors of boating equipment in the country, has split the business and formed a new wholesaler called Nautec. Watski is active on the Scandinavian and German markets.
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NewsHugelmeyer takes NMMA helm
In his first official act on his first official day on the job, the new president of the National Marine Manufacturers Association (NMMA) introduced himself to the marine community during the industry breakfast opening the 2019 International BoatBuilders’ Exhibition & Conference (IBEX) in Tampa, Florida this week.
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NewsPorto Montenegro to invest €500m on future development
Porto Montenegro, the Mediterranean’s leading luxury yacht homeport and marina village, is to invest over €500m in further development and new projects on site over the next 10 years. The news was unveiled at a private event at the Monaco Yacht Show last month.
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News
New Swedish marina to open next year
A new marina is set to open in Skärhamn, on Sweden’s Baltic coast, prior to next year’s boating season.
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NewsNew exhibitor areas planned for TIBS 2020
In order to promote the recreational lifestyle and connect with maritime services as a professional trade platform, the 2020 Taiwan International Boat Show (TIBS) in Kaohsiung will showcase not just the latest yachts, but also the recreational boating lifestyle and all the gear needed for a great experience on the ...
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News2019 Genoa show attracts strong crowd
The 2019 Genoa International Boat Show ended its six-day run on September 24 with 188,404 visitors having passed through the gates – up 8% over the 2018 edition. Peak numbers were reached on the Saturday, with 43,000 people in one day alone.
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News
Norwegian engine distributors merge
Two Norwegian engine distributors, AS Kellox and Loxkel AS, are to merge on January 1, 2020 and form one company under the name Kellox.
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NewsBrunswick Boat Group launches Technology Center
With Florida Governor Rick DeSantis, Congressman Michael Waltz, and a host of local business and government leaders on hand at the Boston Whaler campus in Edgewater, the Brunswick Boat Group opened its 45,000sq ft Technology Center announced in January of this year, as the home to what the company boasts ...
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News
Patrick Industries acquires GG Schmitt & Sons
Patrick Industries in the US has completed its acquisition of marine OEM supplier GG Schmitt & Sons in a deal characterised as “aligned with our strategic initiatives and capital allocation strategy,” according to a news release from the Indiana-headquartered company.
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NewsMarine manufacturers look to “monetise” real estate
A growing trend in industrial real estate could be a path to debt relief or a source of quick capital for expansion plans, and is ideally suited to marine manufacturers who stand to benefit, according to commercial real estate brokers in the US.
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NewsKingship targets inland water marine tourism market in China
Kingship Marine has introduced a new range of aluminium power catamarans designed for the China market with the first boat delivered for use on the Xinfengjiang Reservoir in the south of the country.
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NewsSiren Marine, DealersCircle connect to expand reach of Connect Boat
Siren Marine and DealersCircle have signed and agreement that will make the New Port, Rhode Island provider of Connect Boat telematic technology available through DealersCircle business management platform.
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NewsVBH, Atlas Cybersecurity announce superyacht security partnership
Dutch systems integrator Van Berge Henegouwen and Atlas Cybersecurity of the US have joined forces to ramp up security on superyachts for owners, their families, guests and crew.
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