Market News – Page 460
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News
Yamaha Propellers receives tax incentive to expand
Yamaha Marine Precision Propellers in the US has received two 10-year tax abatements from the city of Greenfield, Indiana to facilitate an expansion by the company with a new 50,000sq ft plant at a cost of US$18.3m and bringing 81 jobs.
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Romanian yard secures 155m superyacht contract
Damen Mangalia, a joint venture between Dutch shipbuilder Damen Shipyards Group and the Romanian state, has secured a deal to build a 155m (580ft) superyacht for Norway’s SeaDream Yacht Club.
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NewsAustralia's largest-ever display of superyachts lined up for third Rendezvous
The 3rd Australian Superyacht Rendezvous (ASR), held from May 17-18 at Gold Coast City Marina & Shipyard (GCCM), will this year include the largest display of superyachts ever seen in the country.
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NewsGianneschi reports strong sales in Turkey
Italian pumps and blowers specialist closes deals with several Turkish yards
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NewsBrunswick celebrates safety achievements
Brunswick Corp is honouring its employees worldwide with its top safety awards for 2018, recognising 24 facilities for promoting and practicing safety awareness, and ultimately minimising workplace incidents and injuries.
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NewsManagement shake-up at St Francis Marine
South African catamaran builder St Francis Marine has confirmed a new management team under the helm of chief operating officer Rob Brennan.
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NewsSuperyacht milestone for Cape Town
For the first time ever, Cape Town’s historic Robinson dry dock has simultaneously hosted two superyachts, fuelling hope that the city’s port could one day accommodate a major superyacht maintenance and repair hub.
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NewsIdaho County moves to restrict wakeboats, PWCs
It what appears to be growing trend, Valley County, Idaho has become the latest governmental body to propose restrictions on wake boats and personal watercraft (PWC), in some cases, effectively banning their use.
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NewsCampania Yachting forms in Italy
A new promotional campaign covering the Italian region of Campania and initially including three marinas has been established. Called ‘Campania Yachting’, the new project recently got underway with the signing of a deed of establishment of the Promoting Committee by Marina d’Arechi, Marina di Capri and Marina di Acciaroli.
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NewsWhitehaven Motor Yachts unveils new models
Australia’s Whitehaven Motor Yachts used the Empire Lounge at Sydney Seaplane Terminal in Rose Bay recently to officially launch two new vessels – the Harbour Classic 40 and the 6100 Coupe – as well as an exclusive superyacht-inspired interior design package, Euro Edition.
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News
Acquera Yachting opens three new locations
Acquera Yachting has announced expansion plans to pen three new offices service Monaco, Antibes and St Tropez and has hired Xavier Paris to manage the operations and what the company is calling an “ambitious growth plan.”
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NewsIMTRA Corp restructures leadership team
IMTRA, the US manufacturer and importer of marine products, has restructured its key management team with immediate effect.
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NewsIrwin Jacobs, wife dead in murder/suicide
Irwin Jacobs, the flamboyant former CEO of the now-bankrupt Genmar Holdings, and his wife Alexandra were found shot Wednesday in their Minnesota home in an apparent murder/suicide, according to local media reports.
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NewsVoyage Yachts says SA electricity blackouts knocking productivity
Electricity blackouts in South Africa are knocking factory productivity by up to 50%, according to one of the country’s biggest catamaran producers.
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NewsBorrow A Boat named headline sponsor of Southampton show
UK industry association British Marine has signed a title sponsorship agreement with member Borrow A Boat for the 2019 Southampton International Boat Show. The forthcoming edition of the event, which runs from September 13-22, will be promoted as the Southampton International Boat Show, powered by Borrow A Boat, with a ...
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News
Jeanneau announces new monocat boat concept
Jeanneau’s spring press conference, held during an international boat test event for boating media in Cannes, was the setting for a scoop for the attending journalists. Antoine Chancelier, marketing director for the sailing boat division of the French shipyard, announced an innovative boat concept to representatives of the press against ...
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News
Palm Beach show reports strong crowds, sales
The 34th Annual Palm Beach International Boat Show (PBIBS) saw increases in attendees, exhibitors and sales, according to the show organisers.
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NewsOceansgate development secures Phase 2 funding
The second phase of the UK’s Oceansgate development in Plymouth – a multimillion transformation of the South Yard part of the Devonport Naval Dockyard – has been given the go-ahead after securing funding and planning permission.
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NewsPoralu wins Taiwan marina contract
French marina developer Poralu Marine has been chosen to design and build a new marina for Argo Yacht Club in Tainan, Taiwan.
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NewsMississippi sees boating, marina use down post-hurricane
The number of registered boats and occupied marina slips on Mississippi’s Gulf Coast has dramatically declined since Hurricane Katrina struck in 2005, despite efforts to reinvigorate the area following the storm.
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