Market News – Page 446
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Zeelander Yachts unveils new DutchCraft brand
Zeelander Yachts of the Netherlands has launched a new brand called DutchCraft. The first model in the series, the DutchCraft 56, will have its global debut at the Cannes Yachting Festival in September.
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2019 Brisbane Boat Show approaches
The 2019 Brisbane Boat Show is returning to the Brisbane Convention & Exhibition Centre this year from August 23-25. The three-day event is one of the largest recreational boat shows in Queensland, Australia, covering more than 20,000sq m of floor space across four halls at the South Bank venue.
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Ferretti Group expands in Vietnam
Italy’s Ferretti Group has expanded its presence in the Asian market by announcing a new dealership agreement with Vietnam-based Luxury Yacht Limited (LuxYacht). LuxYacht will exclusively represent the Ferretti Yachts, Pershing and Riva brands.
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CJR Propulsion launches new design and production service
UK-based CJR Propulsion has launched a rapid design and manufacturing service to deliver bespoke, fully-machined Class S propellers in just two weeks. The precision-engineering specialist claims to be the only propeller manufacturer in Europe able to offer this level of responsiveness, following a £4m investment at its Southampton, UK facilities. ...
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NMMA honours Bob’s Machine Shop with Global Star export award
Recognising members who exemplify export success through a demonstrated commitment to exporting, the National Marine Manufacturers Association (NMMA) in the US has named Bob’s Machine Shop as a 2019 Global Star export honoree.
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Turkey imposes new "tax" on tourist vessels
Turkish Parliament ratified a bill last Thursday to establish a new agency to promote and further develop tourism in Turkey.
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Vetus-Maxwell expands American headquarters
Marine systems supplier adds offices, a training centre and 17,500sq ft of warehouse space to existing US facility
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MOU signed between HKCYIA and yacht insurance company
The Hong Kong Cruise & Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd in a move to offer insurance solutions to the superyacht community in Hong Kong. The MOU follows the one signed earlier this year with the Singapore Yacht Show organiser ...
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3km of boats to be displayed at Dutch in-water show
More than 300 boats with a total length or around 3km will be on display from September 4-8 at this year’s HISWA In-Water Boat Show in Lelystad in the Netherlands – 12% more than last year’s edition.
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Management changes at Malibu
Tennessee-based Malibu Boats Inc announced a number of executive management changes on Thursday in the wake of news that Paxson St Clair will step down from his role as president of the company’s Cobalt Boats brand in order to spend more time with family.
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SA government to host boatbuilding investment workshop
The South African government will host an investors workshop for aspirant local boatbuilders in September, the South African Boat Builders Export Council (SABBEX) announced this week.
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China opens Hainan Province to foreign yachts
Beginning next week, eight coastal waters off South China’s Hainan Province will be open for temporary entry and exit by foreign yachts through January of 2020.
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Colorado boating under threat by invasive species
The state of Colorado has seen a dramatic rise in the number of invasive mussel-infested boats, which some officials say could lead to a shutdown of boating activities in the state’s 38 drinking water reservoirs.
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Taiwan yacht market ‘thriving’ in run-up to TIBS 2020
The Taiwan International Boat Show (TIBS) will be returning to the Kaohsiung Exhibition Center next year from March 12-15 for its fourth bi-annual edition.
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Energy Solutions appoints US distributor
UK-based Energy Solutions has chosen Aquamare Marine to distribute its new Marine Iso-Boost Transformer range in the US. Aquamare will be responsible for all sales, service and spare parts.
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Spanish boat registrations up 6.2%
Spain’s National Association of Nautical Companies (ANEN) has announced that the country’s recreational craft registrations grew by 6.2% year-on-year to 3,489 units in the first half of 2019.
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Harken named official deck hardware supplier to America’s Cup challenger
Harken has been made an official supplier of winch systems and deck hardware to INEOS Team UK as part of its challenge for the 36th America’s Cup.
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ISA sells first Super Sportivo 100 GTO
Italian superyacht yard ISA has announced the sale of its latest model, the ISA Super Sportivo 100 GTO, to a European client.
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German gearbox manufacturer forms UK subsidiary
The management of Reintjes GmbH and Reintjes Benelux BVBA, the two main entities of German gearbox manufacturer Reintjes, have announced a change of status for their business in the UK.