Market News – Page 459
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News
Singapore Yacht Show 2019 hits record visitor numbers
Over 80 yachts and superyachts, including more than 30 local and regional yachting premieres, on display
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NewsFinnish industry forecasting buoyant summer
Early onset of spring and last year’s warm boating season two underlying factors behind surge in market
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NewsNew 'eco-friendly' Bahamas marina taking shape
Extensive use of solar power and hydroponics add to eco crendentials of new 640-berth Port St. George
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News
Unsolicited management offer leads St Pete to seek marina lease proposals
The City of St Petersburg, Florida, is seeking lease/management proposals for its Municipal Marina, following an unsolicited management proposal from Safe Harbor Marinas presented back in February. The proposal was made public this week as the city issued a legal notice of intent to lease the venue.
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MarineMax completes Sail & Ski acquisition
MarineMax is expanding in Texas, completing the acquisition of Sail & Ski Center, which has three locations in two of the states fastest growing markets of Austin and San Antonio.
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NewsRyds’ new owners in positive mood
Sweden´s Ryds Båtar AB is making an offensive under new owners and new management. After several tough years, the new CEO hopes for a strong comeback.
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NewsAzimut Yachts NZ relocates
Azimut Yachts New Zealand has opened a new sales office in the heart of the luxury car precinct of Grey Lynn, Auckland. The new sales office will provide an increased brand presence for the Italian builder and brings the New Zealand dealership into line with other Azimut dealers around the ...
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News
Navigare Yachting USA expands team
Navigare Yachting USA has hired three new team members to support its growth in the Americas - Pat Dorning as operations manager for the Bahamas and Caribbean, Phillip Winter as partner manager, and Kay West as booking manager.
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NewsCox Powertrain names Spanish distributor
Solé Diesel to represent UK firm’s outboard diesel engines in Spain
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NewsBluefin LED grows presence in Turkey
Bluefin LED in the UK has chosen Arti Marin to act as its distributor in Turkey.
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NewsAzimut to display in New York's Times Square
As part of its 50-year anniversary celebrations, Italy’s Azimut-Benetti Group is planning to display an Azimut S6 motoryacht in New York’s Times Square next month – one of the yacht builder’s five most-significant cities in which it does business.
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News
Correct Craft’s ‘quiet’ aluminium boat project gets statewide showcase
Correct Craft’s quiet aluminium fishing boat project, being developed by its Watershed Innovation think-tank and the University of Central Florida (UCF), will be showcased next week at the state-wide Florida Engineering Senior Design Invitational at Florida Atlantic University.
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NewsWestern Australia and Northern Territories vie for superyacht work
The success of superyachts cruising to the Kimberley area of northwest Australia is seeing an inter-state challenge develop between Western Australia (WA) and the Northern Territories (NT) to win the support and related opportunities of these visiting yachts.
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NewsSpanish recreational craft market posts best Q1 results in three years
Boat registrations up to 52ft make significant gains
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News
Rhode Island recycles fibreglass boats
With tens-of-thousands of fibreglass boats manufactured between the 1970s and 1990s coming to their end-of-life cycle, the Rhode Island Marine Trade Association (RIMTA) is hoping its Fiberglass Vessel Recycling Pilot Project (FVR) could be a solution to a growing disposal concern.
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NewsRutgerson appoints Croatian dealer
Swedish yacht equipment manufacturer Rutgerson has expanded its dealer network with the appointment of Lalizas Marina Stores as its new dealer of deck hardware in Croatia.
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NewsFerretti reports strong 2018 financials
Italy’s Ferretti Group presented its 2018 financial results in Milan today, confirming its growth and financial solidity. Total profit after tax was up 29% to €31m compared to the previous year. The consolidated production value rose to €669m, growing by 7.5% compared to €623m in 2017. EBITDA stands at €53m ...
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News
Brunswick Boats opens Integrated Manufacturing Center
With excess capacity freed-up from the discontinuation of certain Sea Ray and Boston Whaler commercial models, Brunswick Corp has announced its Merritt Island, Florida facility is being transitioned to an Integrated Manufacturing Center (IMC) that will support “growth and development” for several Brunswick Boat Group brands.
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NewsWestrec Marinas founder dies
Westrec Marinas founder Michael Sachs died on April 11, just days shy of his 78th birthday. Sachs is survived by his wife of over 30 years, Maureen, a sister and nieces and nephews.
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NewsFountaine Pajot expands in Indonesia
Yacht Sourcing, one of Asia’s fastest-growing luxury yacht companies, has been appointed by French catamaran builder Fountaine Pajot to be its exclusive dealer for Indonesia. The company will manage new sales and aftersales service in Indonesia for the French brand.
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