Market News – Page 437
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Greek equipment firm launches UK company
Lalizas, the Greece-based safety equipment manufacturer, has announced the opening of a UK company, Lalizas UK.
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West Marine recognises top marine vendors
US-based marine equipment retailer West Marine recognised eight of its top vendor partners last month at the company’s 25th annual Very Important Vendor (VIV) awards.
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Astondoa appoints exclusive US dealer
Spanish shipyard Astondoa has chosen Rick Obey Yacht Sales to serve as its exclusive dealer in the US Northeastern States, the US West Coast, and the US State of Florida with the exception of Miami Dade and Monroe Counties.
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Toronto show seeks Women’s Day sponsorships
Launched as a test in January, Women’s Day at the Toronto International Boat Show has proven such a success that organisers have elected to make the event an annual feature and are now actively seeking sponsors.
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French leisure marine industry exceeds €5bn
French trade association FIN (La Fédération des Industries Nautiques) has presented its key figures for the 2018 industry season in France.
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Aston Martin Residences in Miami to get new SY marina
G&G Business Developments in the US is adding a new superyacht marina to the facilities available at Aston Martin Residences in Miami, Florida.
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Significant marine damage caused by Hurricane Dorian
While reports of the devastation caused by Hurricane Dorian over Great Abaco island, Grand Bahama island and other islands are only just filtering in, it is inevitable that significant damage will have been caused to the marine infrastructure of these two main islands, both important yachting locations.
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Sunseeker to grow Norwegian presence
The UK’s Sunseeker International has appointed a new authorised dealer in Norway as part of its continued focus on strengthening its international dealer network.
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Elling Yachting returns to US market
Elling Yachting is returning the United States where its sales have picked up in recent years.
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Princess at ‘loggerheads with Unite union’
On the day that Princess Yachts sent out a story about its success through 2019 and that it had doubled the number of apprentices it had appointed, a row with the UK trade union Unite has arisen over the fact that around 100 people are to be laid off.
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Fairline celebrates launch of F//Line 33
The UK’s Fairline Yachts celebrated the launch of its new boat, the F//Line 33, at an exclusive VIP party at Butlers Wharf Chop House in central London last week.
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Brunswick forms Aluminum Boat Group
Brunswick Corp has established the Aluminum Boat Group (ABG), a further step in its systematic plan to fully leverage the scale of its boat business to drive operational excellence, create market-leading products and deliver continued operating margin improvement.
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US boating accidents, deaths down in 2018
The United States Coast Guard (USCG) has released safety statistics for 2018 that show a decline in both boating accidents and deaths from the previous year.
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Crescent Custom Yachts to build Canada’s biggest new-build
Canadian boatbuilder Crescent Custom Yachts has a 50m Gregory C Marshall-designed Crescent 164’ under construction at its shipyard in Richmond, British Columbia. The project was sold to an American client who has named the yacht Danzante Bay after his resort and golf course in Loreto, Mexico.
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Princess Yachts reports busiest year ever
The UK’s Princess Yachts is to launch a record five new yachts at the Southampton and Cannes boat shows later this month, making 2019 its busiest year ever.
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Dutch yard expands facilities
Mulder Shipyard of the Netherlands has recently expanded its facilities to make room for new-build projects and winter storage.
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Job losses at Fairline
The UK’s Fairline Yachts is to make up to 40 staff redundant – just months after launching a recruitment drive at its newly acquired production facility at Hythe in Southampton – but the company still has plans to manufacture its new larger yacht range at the facility starting in late ...
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Minnesota boat dealer pleads guilty to US$3.2m tax fraud
A Minnesota marine dealer has entered a guilty plea in Washington County District Court to defrauding the state out of approximately US$3.2m in sales tax, penalties and interest.
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Vaan Yachts says its ‘green’ cats make sailing fun again
Vaan Yachts BV showed off its design for a sleek – and very green – 12.8m (42ft) catamaran at this week’s HISWA-in-Water Boat Show in the Netherlands.
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Investigators begin probing cause of fatal dive boat fire
Investigators from the National Transportation Safety Board (NTSB) have begun their search for the cause of a deadly fire that swept through a fully-occupied charter dive boat off the coast of Southern California early Monday, killing 34 passengers and one crew member.