Market News – Page 468
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NewsGreen initiatives take centre stage at DIBS
The 27th edition of the Dubai International Boat Show (DIBS), which closed on Saturday 2 March, revealed a growing interest in environmentally friendly boats and propulsion systems.
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NewsUS wholesale powerboat shipments up in 2018
2018 closed as the ninth consecutive year of growth for the US boating industry, according to the latest statistics from the National Marine Manufacturers Association (NMMA).
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NewsGuidi appoints UK distributor
Italian marine accessories manufacturer Guidi has chosen Marathon Leisure to distribute its complete range of nautical plumbing fittings in the UK and Ireland.
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NewsHorizon opens second Florida location
Taiwan’s Horizon Yachts celebrated the opening of its second Florida location at the Hall of Fame Marina in Ft Lauderdale last month with a Winter Showcase Open House.
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NewsUS Congress briefed on boating’s economic impact
Members of Congress were briefed on Wednesday about the economic impact of recreational boating on the US economy at an event launching the latest economic data from the National Marine Manufacturers Association (NMMA).
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NewsDMCA upgrades Sea Dubai initiative
The Dubai Maritime City Authority (DMCA) has used the 2019 Dubai International Boat Show (DIBS) to launch new smart services and unveil an upgrade to the Sea Dubai initiative launched a year ago.
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NewsUAE to introduce 180-day cruising permit
The UAE is planning to introduce a 180-day cruising permit once a number of outstanding points have been resolved. The initiative forms part of the country’s future strategy to attract more superyachts to the region, and its ambitions to develop the UAE’s marinas – particularly in Dubai – for winter ...
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NewsBusiness ’bonanza’ for Cape Town following Miami show
A business delegation from Miami-Dade County in Florida has confirmed it will visit Cape Town to explore business opportunities on the back of successful roundtable discussions with South African counterparts at this year’s Miami Boat Show.
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NewsPershing's first aluminium superyacht hits the water
Pershing’s new flagship, the 140, has just hit the water at the builder’s superyacht yard in Ancona, Italy.
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NewsCanadian HOC trade report highlights retaliatory tariffs’ impact
The International Trade Committee of Canada’s House of Commons has issued a report detailing the toll retaliatory tariffs are taking on the Canadian economy and calls on the government to work with the US for a swift resolution to the issues with five suggested recommendations.
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NewsBalance Catamarans in South African joint venture
Balance Catamarans has confirmed a second South African joint venture to build a new range of Balance custom and semi-production catamarans.
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Safe Boats signs deal with Saudi firm
Safe Boats International in the US has signed an agreement with Saudi Arabian company Al Blagha Industrial to create a partnership that will ensure Safe Boats’ vessels in the region receive the support and maintenance required for maximum mission effectiveness. The agreement also paves the way for Al Blagha to ...
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NewsOttawa Boat Show posts attendance gain
New show features and mild temperatures helped bolster crowds at the 44th Ottawa Boat Show, which was held from February 21-24 at the EY Centre in Canada’s national capital.
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NewsFerretti appoints Middle East dealer
Italy’s Ferretti Group announced a new dealership agreement with Ocean 360 at the start of this year’s Dubai International Boat Show (DIBS). The five-day event opened today and runs until March 2.
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NewsNew Dutch builder launches ‘circular’ catamaran
A new yacht company in the Netherlands, Vaan Yachts, has introduced its first-ever model. The Vaan R4 is a 12.8m (42ft) catamaran made from ‘circular’ materials, including recycled aluminium, cork and plant-based alternatives for leather.
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Brunswick to exit commercial boat market?
There is change coming to Brunswick Commercial & Government Products (BCGP), but no one seems to know just yet what it will be.
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NewsMixed first quarter for Johnson Outdoors
Racine, Wisconsin-based marine equipment and watercraft manufacturer Johnson Outdoors has announced lower sales and higher net income year-over-year for the first quarter of the company’s 2019 fiscal year.
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NewsActisense expands team
Actisense, the UK-based marine electronics firm, has added three new employees to its team – office PA and administrator Sammi Galwan, Monika Maluskova in sales support, and software project manager Robin Richards.
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US$500k State grant helps yacht-maker create 50 jobs
Daedalus Composites has plans to renovate its Edenton, North Carolina plant
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