Market News – Page 461
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NewsMontana simplifies youth boating laws
A new law clarifying how young children can be to operate a boat alone and new testing requirements is working its way through the Montana legislature.
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Albrecht named Solace president
Edgewater, Florida-based Solace Boats has promoted 22-year marine industry veteran Todd Albrecht to the position of president.
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NewsPrincess makes Sunday Times list of fastest-growing UK firms
For the second time in a row, Princess Yachts has been listed in one of the regular annual business performance surveys carried out by UK newspaper The Sunday Times.
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NewsExplorer Motor Yachts CEO dies
Mark Campion, CEO of China-based Explorer Motor Yachts, passed away recently after a short illness.
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NewsSeakeeper wins 2019 Edison Award
Marine stabilisation specialist Seakeeper Inc received an Edison Award for the Seakeeper 2 at an awards ceremony in New York last week.
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NewsR&C MD issues ‘plea for help’ to address skills shortage in SA
Catamaran producer Robertson & Caine says a critical skills shortage in the South African boatbuilding sector is threatening the future viability of its massive Cape Town facility.
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NewsOceanmax names new general manager
Oceanmax, the New Zealand-based exporter of Propspeed and Lightspeed marine coatings, has promoted Nona Pedersen to the role of general manager.
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‘BIG’ program worth US$20m for boating infrastructure
The US Fish & Wildlife Service (USFWS) is awarding some US$20.6m in Boating Infrastructure Grants (BIG) to be distributed to states in support of dedicated boat facilities and associated amenities for recreational boaters, local communities and their economies.
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NewsSaudi’s AMAALA project moves forward
A new entity unveiled at the Monaco Yacht Show last year was the Red Sea Collection, a group of three areas in Saudi Arabia that include huge developments with a number of marinas.
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Dogus sells stake in Croatian marina operator
Turkey’s Dogus Group has decided to sell its 10.87% stake in Croatia’s leading marina opetator, ACI Marinas. The company’s shares were bought by three local pension funds – AZ mandatory category B pension fund, AZ Profit voluntary pension fund, and PBZ Croatia Osiguranje pension fund.
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Derecktor, St Lucie finalise yacht yard at Port of Fort Pierce
It took longer than anticipated, but the Port of Fort Pierce Florida will have a new megayacht repair centre operated by Derecktor Shipyards.
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NewsBrexit brings growth to UK boating tourism
A new study reveals that boating tourism contributed over £6 billion to the UK economy in 2018
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NewsMonaco strengthens Asia-Pacific marine links
Two new partnerships have recently been agreed which strengthen the leisure marine sector links between Monaco and the Asia-Pacific region.
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News2019 London Yacht Show cancelled
The organisers of the 2019 London Yacht Show, due to be held from May 8-12 at St Katharine Docks in the heart of London, have postponed this year’s event until 2020. According to a statement, the move will “ensure the delivery of a high-quality onwater show, with the scale and ...
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NewsCobalt and Bennington Australia open new Gold Coast headquarters
Cobalt Boats of Australia and Bennington Boats of Australia have opened new national headquarters at Gold Coast-based shipyard The Boat Works. Both companies are now showcasing their latest models in a purpose-built, 350sq ft showroom and marina facility.
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NewsReport into Dutch boating sector warns of skills shortage
An industry report into the training of boatyard workers in the Netherlands says weaknesses in schooling combined with a lack of forward-looking management make the Dutch sector insufficiently future-proof.
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NewsLusty & Blundell takes on Spinlock range
Kiwi firm to distribute Spinlock cleats, lifejackets and other equipment in New Zealand
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NewsBrunswick names new Mercury president
Brunswick Corp today announced that John Pfeifer, president of Mercury Marine, has stepped down from his role to pursue other opportunities. He has been replaced by Christopher Drees, president of marine parts and accessories at Mercury, with immediate effect.
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NewsSuzuki GB expands sales team
Suzuki Marine in the UK has appointed Tony Lewis as its new area sales manager for the country’s southern region.
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NewsShipyard Supply Co reports strong performance in first six months of trading
Shipyard Supply Co (SSCo), the UK-based deck hardware specialist that formed last year, has reported strong performance in its first six months of trading.
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