Market News – Page 453
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NewsElectric motor manufacturer launches crowdfunding campaign
Finnish electric motor manufacturer Oceanvolt is launching a crowdfunding campaign in which participants receive equity through the online investor platform Invesdor. The company is looking to raise €0.6m-€2M in exchange for equity between 8.45% and 23.52%.
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NewsMarquis readying for new model, Lexus premiere
With the September introduction of the Lexus Yacht on the horizon, followed by the launch of its own new line of day cruisers at the Ft Lauderdale International Boat Show (FLIBS), Marquis Yachts has been a busy place, and the Pulaski, Wisconsin-based builder doesn’t see things slowing any time soon.
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NewsVicem 67 Cruiser nears completion
Turkish motoryacht builder Vicem Yachts has provided a build update for its new cold-moulded motoryacht, the Vicem 67 Cruiser. Construction of the hard-chined semi-displacement hull is now complete and the yacht has been certified for CE Design Category A, ensuring it is self-sufficient for extended voyages.
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BRP posts 17% year-over-year quarterly growth
BRP is out with some strong financial numbers for its first quarter of 2019, showing 17% growth year-over-year from the period ended 30 April 2018.
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NewsSea Ray names new general manager
Hans Roelants is returning to the Brunswick Corporation fold after two years, having been named as general manager for Sea Ray in the Amsterdam office.
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NewsBusy spring for Royal Huisman
Spring 2019 has been a busy one for Dutch yacht manufacturer Royal Huisman, with the opening of a new, second location on the Amsterdam waterfront and considerable progress made toward completion of the fast motoryacht Project Phi.
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NewsMIA Club Marine Marina Award winners announced
After two days of active marina industry discussion, the Marinas19 Conference ended with the announcement of the winners of the Marina Industries Association (MIA)-Club Marine Marina Awards 2019-20.
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NewsFinnboat hosts first-ever ‘boat test’ event
A group of boating industry players in Finland recent held a large-scale ‘boat test’ event for the first time, bringing together a wide range of boat models and related services, along with current or prospective boaters eager to take the helm.
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NewsBurgess enters Australian market
International superyacht services provider Burgess has extended its global network to Australia with the opening of a branch in Sydney. The new office is led by Christoffer Santon as head of Burgess in Australia. The news follows Burgess’ strongest global first-half performance ever and the launch of The Burgess Partnership.
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Florida yacht service apprenticeship program becomes reality
Young people looking for a future in the yachting industry have a new path to such a career with Florida’s first registered Yacht Service Technician Apprenticeship, which will provide attendees a basic set of shipyard skills upon completion of the two-year program.
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NewsIBEX registration opens
Registration is now open for this year’s International BoatBuilders’ Exhibition and Conference (IBEX) which runs from October 1-3 at the Tampa Convention Center in Tampa, Florida. Owned and produced by the National Marine Manufacturers Association (NMMA) and RAI Amsterdam, IBEX is the marine industry’s largest technical trade event in North ...
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NewsTurkish yard begins construction of 32m Project Nozomi II
Turkey’s Alia Yachts has started the construction of Project Nozomi II, a 32.4m sistership to the 30.5m Virgen del Mar VI (formerly Project Nozomi) that was delivered last year.
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NewsAustralian MIA to ban single-use plastics at marinas by 2025
The Australian Marinas Industries Association (MIA) has joined the global fight against plastic waste by announcing at its Marinas19 Conference a new policy aimed at eliminating single-use plastics in the country’s marinas. The conference, held every two years, ran from May 27-28 at the Sea World Resort in Southport on ...
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NewsMarathon Boat Group names new sales and marketing head
The new owners of US boatbuilder Marathon Boat Group (MBG) have wasted little time implementing changes to the New York-based company with the announcement that David Hegel has joined the firm as director of sales and marketing.
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NewsFinnish builder expands presence in APAC region
Nautor’s Swan of Finland has expanded its presence in the APAC region with the appointment of Shenzhen Hone Ocean Culture Communication Co Ltd as its new Chinese agent.
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Mercury Marine distribution centre achieves ‘Zero Waste to Landfill’ designation
Mercury Marine’s parts & accessories distribution centre at its Fond du Lac, Wisconsin, headquarters is now a ‘Zero Waste to Landfill’ facility as part of the company’s ongoing campaign to advance its sustainability mission.
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NewsUK marine college signs MoU with Korean utilities firm
The UK-based South Devon Marine Academy (SDMA) is continuing to build connections around the world by recently signing a ‘Memorandum of Understanding’ with WaterwayPlus Corp, the national utility company providing water services for South Korea.
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Australian SY Rendezvous highlights future opportunities
The third annual Australian Superyacht Rendezvous (ASYR), held from May 17-18 at Gold Coast City Marina & Shipyard (GCCM), provided a positive insight into what the future opportunities for the superyacht market in Australia hold. ASYR also underlined its position as an established gathering within the Asia Pacific superyacht market ...
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NewsSanlorenzo launches biggest yacht to date
Italian superyacht builder Sanlorenzo has launched its largest yacht yet – the 64m Sanlorenzo 64Steel Atilla. At 1,600 gross tonnes, a length of 64m, five decks and an internal maximum width of 12.5m, the new flagship offers maximum onboard liveability due to its innovative layout.
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NewsSCIBS 2019 declared best show in event's 31-year history
A number of well-experienced Australian marine industry executives have declared the 2019 Sanctuary Cove International Boat Show (SCIBS) the best in the event’s 31-year-history, with record crowds, good weather and multimillion-dollar sales proving a successful combination.
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