Market News – Page 434
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US powerboat registrations down in July
New powerboat registrations in the US dropped under half a percent through July on a rolling 12-month year-over-year basis and down 2.4% on a rolling three-month year-over-year basis, according to preliminary data from the National Marine Manufacturers Association (NMMA).
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Signs of growth at Sao Paulo show
The largest indoor boat show in Latin America, the São Paulo Boat Show, attracted an audience of more than 36,000 people who came to view the products of 102 exhibitors and 110 boats. During the six-day event, which ended on Wednesday, September 24, the organisers reported revenues of around US$42m ...
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Imperial Yachts client contracts for 49m SY catamaran from Sunreef
A contract for a 49m (161ft) superyacht catamaran, which will be the largest superyacht to be built so far in Poland, has been placed with Sunreef Yachts by a client of Imperial Yachts. The order was announced at the Monaco Yacht Show and the craft is scheduled to be delivered ...
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Dutch superyacht lobby weighs its future course
Suddenly, in its 50th anniversary year, HISWA Holland Yachting Group’s (HHYG) 26 members are at a fork in the road. Either stay in the lobby of Dutch superyacht makers and suppliers or join the much bigger Netherlands Maritime Technology (NMT) lobby.
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New marina planned for Uruguay
A new marina is to be constructed in Punta Carretas, a district of Uruguay’s capital Montevideo, on the South Atlantic shore. Under the plan, the investment will total around US$17m.
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Sea-Fire forms strategic partnership with Fire Ranger
US fire suppression specialist Sea-Fire Marine has forged a strategic partnership with Fire Ranger, a leading provider of fire and safety equipment services for recreational and commercial vessels. The two companies will share co-branded booth space and collaborate on providing onsite fire protection equipment and demonstrations at major Florida boat ...
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HISWA Holland Yachting Group dissolves
Dutch superyachts quit trade lobby; join national maritime group
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Correct Craft CEO to chair recreation advisory panel
Bill Yeargin will serve on the US Interior Department’s Outdoor Recreation Advisory Committee
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MB92 sold to European investment firm
Marina Barcelona 92 (MB92) today announced that Squircle Capital, a European alternative investment firm focused on private equity and value-add real estate investments, has acquired 77.5% of the Spanish superyacht refit, repair and maintenance group. The transaction, which has received regulatory approval, is expected to close, subject to customary closing ...
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Sustainability takes centre stage at METSTRADE 2019
METSTRADE organiser RAI Amsterdam is to host three panel discussions on the subject of environmental sustainability on the InnovationLAB Stage at this year’s show.
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New CEO for CMP Group
Canadian anode and marine equipment manufacturer CMP Global has named Don Hambly as its new president and chief executive officer, effective immediately.
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MARIN launches foil research project at Monaco
Foils are everywhere these days – from water taxis to sailing yachts – but not enough is known about their performance in unsteady conditions.
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Norwalk Boat Show: smaller, buying crowds
The Norwalk Boat Show in Connecticut closed over the weekend with attendance down 11% from last year but many exhibitors reporting “quality buying crowds”, according to the show’s producer, the National Marine Manufacturers Association (NMMA).
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France’s Atlantic show draws crowds
The Grand Pavois La Rochelle in-water and land-based boat show, which ended its six-day run yesterday, serves buyers from a wide catchment area on the Atlantic coast of France from Le Havre to Biarritz with visitors also attending from Paris and further afield and a small contingent from Spain and ...
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UK marina builder takes on regeneration project
Walcon Marine, the UK-based marina builder, is returning to Buckler’s Hard Yacht Harbour on the Beaulieu River in Hampshire to undertake a major regeneration project. Taking place over two winters, it will involve a complete rebuild of the marina, including extensions to the piers and the refurbishment and re-use of ...
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VBH opens German office
Dutch systems integrator Van Berge Henegouwen has opened an office in northern Germany in a bid to ramp up its presence worldwide. It is VBH’s third location outside the Netherlands.
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Genoa to host Ocean Race grand finale
The Italian city of Genoa has been chosen to host the grand finale of The Ocean Race 2021-22, marking the first time the fully-crewed, round-the-world yacht race will come to Italy. The news was announced on Monday at the 49th Genoa Boat Show.
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US jet charter firm moves into yachts
US flight charter service Apollo Jets is moving into the yacht market through its acquisition of Cambridge Yacht Group.
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Nauticus appoints Smart Tabs distributor for Italy
US trim tab manufacturer Nauticus Inc has chosen Indemar to distribute its Smart Tabs range of automatic trim tabs in Italy.
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Polish builder overhauls product range, plans new investments under new ownership
Polish boatbuilder Delphia Yachts Shipyard, a subsidiary of Groupe Beneteau in France, is aiming to intensify its expansion plans with the launch of new investments and the introduction of new models to its product range.