Market News – Page 463
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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.
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Dream Yacht Charter opens new US bases
Dream Yacht Charter, the world’s largest privately owned yacht charter firm with a fleet of over 1,000 boats, has teamed up with Navtours to open new bases in Newport, Rhode Island and Lake Champlain, New York.
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Port of Fort Pierce yard deal delayed
St Lucie County, Florida selected Derecktor to lease and operate a megayacht repair centre at the Port of Fort Pierce in November of last year, with negotiations to take no more than three months and a contract signed by 5 March 2019 – a timeline obviously past.
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More details emerge on Turkish charter crisis
As reported yesterday, Turkey appears to be prepared to ban foreign-flagged boats from operating as charter vessels in Turkish waters for the 2019 season. IBI has learned additional details from local sources about the sudden shift of policy, including a yacht charter firm active in the country for many years. ...
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Superyacht Captains’ Forum attracts strong crowd
Over 350 guests attended the Superyacht Captains’ Forum in Viareggio, Italy last week as part of the 9th edition of YARE (March 20-23), the international aftersales and refit event dedicated to the superyacht sector.
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Flagstaff Marine acquires Australian brokerage
Australia’s Flagstaff Marine (formerly Visail Sydney) has acquired The Yacht Brokerage (TYBQ) in Queensland for an undisclosed sum. TYB was formed over four years ago and has since grown into one of Australia’s leading brokerage houses.
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Harris named Iconic Marine Group COO
Iconic Marine Group (IMG) in the US has tapped company veteran Jeff Harris as the new chief operating officer for the parent company of Baja, Donzi and Fountain boats.
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BRP honoured with seven Red Dot Design Awards
Seven products manufactured by BRP have been recognised by the prestigious Red Dot Design Awards, including its new Sea-Doo RXT-X and Sea-Doo Fish Pro personal watercraft (PWC).
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FLIBS 60th to feature new Superyacht Village and marina
The Fort Lauderdale International Boat Show (FLIBS) is making a splash for its 60th anniversary in 2019 with Superyacht Village, a new dedicated marina and on-shore exhibit space for the largest yachts of the show.
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KingFisher named one of Canada’s best-managed companies
Vernon, British Columbia-based boatbuilder KingFisher Boats has been named one of Canada’s top employers as part of the 2019 Best Managed Companies program.
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Ferretti to go public?
Italy’s Ferretti Group is said to be preparing for a return to the Milan stock exchange after 15 years in private hands
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2019 Kuwait Yacht Show to be biggest yet
The 2019 Kuwait Yacht Show (KYS) opens tomorrow, with event organiser PH7 Group stating that it will be the largest show in its seven-year history. KYS is also attracting strong regional interest. First-time exhibitor from Bahrain, Suprema Boats, will commemorate their introduction to the Kuwait show with the global launch ...
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Kali’s Law would require engine kill switch use in Texas
The death of a Texas teenaged girl nearly seven years ago has led lawmakers there to introduce legislation requiring the use of an engine cut-off switch on any engine equipped with one.
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Turkish yacht tourism on verge of new crisis
Turkey may ban yacht charter companies with foreign-flagged vessels from operating in the country this season.
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FLIR moves US headquarters to Washington DC area
FLIR Systems Inc has opened new corporate headquarters in Arlington, Virginia, providing a significantly expanded presence in the US national capital region.
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Hong Kong to open first Superyacht Management Services Centre
In a move which indicates China’s growing support for the leisure marine industry in Hong Kong, the Hong Kong Cruise & Yacht Industry Association (HKCYIA) has reached a partnership agreement with China Merchants Industry Holdings Co Ltd for the establishment of Hong Kong’s first Superyacht Management Services Centre in Tsing ...
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UK shipyard up for sale
Following the announcement last November that Babcock, operator of the UK’s Devonport naval dockyard in Plymouth, was going to close its Appledore Shipyard in North Devon, the facility has now been put on the market.
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Hainan Marine Tourism Summit postponed
The 2019 Hainan Marine Summit scheduled for March 25-27 is understood to have been postponed until the second half of this year. The summit was due to follow a 2018 roundtable of leisure marine and China experts that was held in Hainan last November and hosted by Arthur Tay, CEO ...