Market News – Page 455
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Yacht Sourcing targets Thai market with new appointment
Yacht Sourcing, a full-service yacht provider based in Indonesia, has appointed Nicolas Monges as its general manager in Thailand.
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Nautor’s Swan opens new Boatbuilding Technology Center
Nautor’s Swan has opened the doors to its new Boatbuilding Technology Center (BTC) in Pietarsaari, Finland – a major expansion project that started in 2017 with a €10.5m investment on refurbishing its existing building and the implementation of new production facilities totalling 9,935sq m.
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Celsus UK expands sales team
Celsus UK has hired Adrian Gray of Global Distribution Solutions Ltd to help lead the expansion of the Kicker marine audio brand in Europe.
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ASMEX 2019 addresses key issues facing domestic and Asia-Pacific market
A regular subject covered by the ASMEX (Australian Superyacht, Marine Exports & Commercial) conference over its nine editions has been a focus of how to attract more superyachts to Australia and the Asia-Pacific region. The 2019 event has been no different, but in an intense day-and-a-half conference a number of ...
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Greece implements new yacht cruising tax
The Greek government has implemented its new cruising tax, also called the TEPAI, which was initially set to be introduced in early April. The news was issued by the UK-based Cruising Association (CA), many of whose members will likely be visiting Greek waters later this year.
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AB Inflatables appoints Caribbean distributor
AB Inflatables has signed an agreement with Outdoor World to distribute its entire RIB portfolio in St Marteen, Antigua, as well as St Lucia and Dominica.nd Dominica.
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Swedish boat dealership expands
Sweden’s Marine Store has expanded with a new 10,000sq m facility located south of Stockholm. The company, which is majority owned by ice hockey legend Peter Forsberg, has been named Yamaha’s Biggest European Dealer-Marine for four years in a row, including two consecutive years as Yamaha Dealer of the Year-Marine ...
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US drops Section 232 tariffs against Canada, Mexico
Friday afternoon’s announcement that the US government has rescinded its Section 232 tariffs on aluminium and steel imported from Canada and Mexico, and the corresponding removal of Mexican tariffs on US-made boats, are being interpreted as key steps toward ratification of a new free-trade deal to replace the 25-year-old North ...
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Queensland promoted as Australia’s main SY state
On the first day of ASMEX, the Australian Superyacht, Marine Export & Commercial Marine Industry Conference, a clear message was presented to the 150-plus delegates from a dozen countries that Queensland is Australia’s superyacht state.
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Brunswick’s Freedom Boat Club purchase to ‘shape the future of boating’
Brunswick Corp’s acquisition late last week of Freedom Boat Club (FBC) was “rooted in foresight and where we believe the consumer is going.”
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First time’s a charm for ABC attendees
The record number of attendees at last week’s American Boating Congress (ABC) included an historic high of 86 first-time attendees to the event, ranging from industry veterans, advocacy groups like Captains for Clean Water, and even people from outside the boating business.
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TYHA appoints new chairman
The Yacht Harbour Association (TYHA) in the UK has named Colin Watts as its new chairman. Watts takes over from Simon Haigh of Quay Marinas. His appointment coincides with his 20th year as a THYA director.
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MYBA Charter Show breaks new records
The 31st MYBA Charter Show, held earlier this month at Marina Port Vell in Barcelona, appears to have been one of the most successful in the event’s history – if not the most successful. A number of records are reported to have been achieved.
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Scape Yachts brings new ‘Sport’ catamaran to market
South African builder Scape Yachts has developed a modified ‘sport’ version of its Scape 39 catamaran, which is nearing completion at its Cape Town yard.
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NMMA names new president
The National Marine Manufacturers Association (NMMA) in the US today announced that Frank Hugelmeyer is to succeed Thom Dammrich later this year as its new president. Dammrich led the NMMA for 20 years and announced his retirement in 2018.
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CNB sailing superyachts to be built at MCY’s Monfalcone plant
Monte Carlo Yachts has announced that its Monfalcone production site in Italy, where the brand’s large motoryachts are built, is to take on production of the CNB Yachts brand’s monohull sailing superyachts from September 2019.
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Vitters, Royal Huisman stay the course in a tough market
In the tough and tiny niche of super sailing yachts, Vitters Shipyard and Royal Huisman hold their own, serving younger clients new products and services that are sometimes out of their comfort zones.
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3rd East Mediterranean Superyacht Forum returns to Greece
The 3rd East Mediterranean Superyacht Forum will once again be hosted on May 30 at the Athens Plaza Hotel in Greece, bringing together superyacht industry experts from across Europe and further afield to discuss chartering, marinas, crew and related issues in the eastern Mediterranean and beyond.
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Sunseeker 161 Yacht to launch in 2021
The first hull in the Sunseeker 161 Yacht series, built in collaboration with ICON Yachts of the Netherlands, is taking shape and due for launch in 2021. Built at ICON’s Harlingen shipyard, the new flagship vessel will be Sunseeker’s first aluminium-hulled yacht in the all-important 50m sector.
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Finsulate antifouling gets Dutchman into inventor awards finals
Nothing gets more attached to a boat, apart from the owner, than marine life teeming below it. Fighting hull fouling costs the global boat and shipping sectors a fortune each year and is environmentally unsound.