Market News – Page 462
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Suzuki 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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Shipyard 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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New CEO at Sleipner Motor
After 42 years at the helm of Sleipner Motor, Arne Kai Skauen is stepping down from his role as CEO. He has been replaced by Ronny Skauen, who, for the last 25 years, has been in charge of Sleipner’s R&D and international operations.
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Laser class association claims builder breached terms
A dispute has broken out in the world of sailing after one of the sport’s governing bodies accused the UK’s largest dinghy-maker of breaking strict boatbuilding rules. According to a story in the London Times newspaper, the US-based International Laser Class Association (ILCA) is seeking a new boatbuilder after claiming ...
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Numarine names new sales and marketing manager
Turkish motoryacht producer Numarine has promoted Ali Tanir to the role of sales and marketing manager with immediate effect. He replaces Orhun Senturk, who is leaving the company to pursue other opportunities.
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US marina gets US$12m facelift following Hurricane Harvey
In just a year after Hurricane Harvey tore through coastal Texas, Cove Harbor Marina announced it would be reopening and expanding operations as Cove Harbor Yacht Club and Boat House Resort, with US$12m in upgrades and plans underway for more.
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Ferretti Yachts 720 to have official debut this summer
Italy’s Ferretti Yachts is to officially debut its latest creation, the Ferretti Yachts 720, this summer. The new project made a huge splash at the Cannes Yachting Festival 2018, when the first unit was sold off-plan.
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USMCA shows signs of faltering in US Congress
The deal reached last year with the Trump Administration, Mexico and Canada to replace the 1994 North American Free Trade Agreement (NAFTA) is showing signs of stalling in US Congress, according to The Washington Post.
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Green light for NZ marina extension project
A 252-berth extension to Waikawa Marina on New Zealand’s South Island has received approval from the Port Marlborough Board.
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Turkey overturns ban on foreign-flagged charter yachts
The ban on foreign-flagged yachts operating as charter vessels in Turkey this season has been overturned, thanks to the efforts of local yacht associations and charter firms. But while negotiations with officials at the Ministry of Tourism have been successful, disappointingly high rates have been imposed.
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Correct Craft acquires Velvet Drive
Correct Craft has announced the acquisition of Velvet Drive Transmissions, a vendor to the boat and engine builder for the past 40 years. Velvet drive will be “vertically integrated into Correct Craft’s Pleasurecraft Engine Group,” according to a company news release.
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Workforce development to be addressed in IBEX Super Session
‘Challenges and Solutions for Workforce Development’ will be the subject of a Super Session at the 2019 International Boatbuilders’ Exhibition and Conference (IBEX) on 30 September, in advance of the show’s official opening in Tampa, Florida.
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7th Kuwait Yacht Show ends on positive note
The seventh edition of the Kuwait Yacht Show, organised by PH7 Events and held at Marina Crescent, came to a close on Saturday. Exhibitors that IBI spoke to were very satisfied with the outcome of the five-day event. The results reveal that the Kuwait market is performing well, despite slower ...
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Cape Town planning desalinated water for passing vessels
Authorities are moving ahead with plans to establish a water desalination plant in the Port of Cape Town
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NZ yachting community mourns passing of Blanche Cook
New Zealand’s yachting community is mourning the loss through cancer of Blanche Cook, financial director and part owner of Yachting Developments.
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Yamaha extends marine dealer financing solutions
The company’s new finance program is intended to boost boat and engine sales at both the wholesale and retail level
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Furuno Deutschland adds the Netherlands to its distribution network
The wholly-owned German subsidiary is now responsible for distribution of all recreational boating products for the Japanese electronics manufacturer in Germany, Austria, Switzerland and the Netherlands
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Australian builder gets new home outside Melbourne
Australian boatbuilder Whittley Marine and its retail division Whittley Victoria Sales have a new home in a purpose-built manufacturing and retail facility located just north of Melbourne.
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Cala del Forte marina to open later this year
The new Cala del Forte marina, located at Ventimiglia in the Ligurian region of northern Italy, is now entering its final phase of development as it prepares for full operation by the end of 2019. The new facility is the first to be operated by the Ports of Monaco outside ...
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New superyacht event launches today
The three-day Superyacht Gathering opened today in Auckland, New Zealand. Organised by industry professionals Linda Berry and Elle Brade, the event is an evolution of the previous, successful Yacht Vision conference along with smatterings of the long-gone NZ Days in Palma de Mallorca.