Market News – Page 469
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NewsSA builder launches new hybrid catamaran to meet demand for electric drive
Cape Town catamaran builder Voyage Yachts has reported a surge in interest in hybrid electric designs, following the launch of its first hybrid in December.
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NewsABA renews Hubbell contract
The American Boatbuilders Association (ABA) has announced that Hubbell Marine Electrical Products will continue to serve as its exclusive supplier of shore power products for another three years, effective June 1, 2019.
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Carling completes Maretron consolidation
Maretron vessel monitoring products are now part of the Carling Technologies portfolio
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NewsBlue Guard Innovation appoints new distributor
Blue Guard Innovations (BGI), a US-based marine sensor manufacturer, has chosen San Diego Marine Exchange as its new distributor for Southern California.
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NewsC&N Marinas wins Dubai Harbour design contract
UAE-based property development group Meraas has awarded the 1,100-berth Dubai Harbour Marina design contract to Camper & Nicholsons (C&N) Marinas.
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BRP ups its alternative energy game with Alta Motors purchase
Bombardier Recreational Products (BRP) has purchased select assets of Alta Motors from the parent company Faster Faster Inc as part of what the company calls “long-standing interest in new technologies and alternate energy sources for the powersports industry.”
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NewsMiddle East prepares for 27th Dubai show
The boating industry in the Middle East is preparing for the 27th edition of the Dubai International Boat Show with a strong exhibitor presence, defying a market that has been slow in recent years.
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NewsMarineMax Vacations expands to Bahamas
MarineMax Vacations has expanded its power catamaran charter operations to the Bahamas, where it will be operating from the Abaco Beach Resort in Marsh Harbour.
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Glendinning appoints Croatian distributor
Glendinning Marine, a US manufacturer of shore power and water hose handling storage systems as well as electronic engine controls, has chosen STAL as its distributor for Croatia.
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NewsGarmin posts strong Q4, 2018 full-year results
Garmin ended both its 2018 fourth quarter and full fiscal year on a high note, reporting higher revenues, gross margins, operating margins and operating incomes driven in part by strong contributions from its marine segment.
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NewsSCIBS 2019 nears sell-out
The organisers of the Sanctuary Cove International Boat Show (SCIBS) have announced a surge in exhibitor bookings for this year’s event, with spaces expected to sell out well before the show opens in May.
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NewsUS powerboat registrations up in 2018
2018 saw a 4.2% increase in new powerboat registration in the US, according to data released by the National Marine Manufacturers Association (NMMA).
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NewsOsculati expands sales team
Italian marine accessories firm Osculati has expanded its sales team with the addition of Pietro Schiaffonati as OEM sales manager.
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NewsBilgin Yachts joins SYBAss
Turkey’s Bilgin Yachts has joined SYBAss, the Superyacht Builders Association. Membership is only granted to a yard once it has built three superyachts over 40m (131ft) in length.
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NewsIBI expands presence in Scandinavia with key appointment
IBI is expanding its representation in Scandinavia following the appointment of Henrik Salén, who joins as the team sales representative for Sweden and Norway.
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NewsCox Powertrain appoints Florida distributor
UK-based Cox Powertrain has chosen Ring Power Corp as its exclusive distributor for Florida. The announcement was made at last week’s Miami International Boat Show, where Ring Power teamed with the British engine manufacturer to promote its CXO300 diesel outboard.
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NewsL&B hires electrical product manager
New Zealand-based marine distributor Lusty & Blundell (L&B) has chosen Silke Sigley to lead the company’s fast-growing electrical division in the role of electrical product manager. An experienced project manager, ocean-crossing sailor and America’s Cup sailmaker, Sigley joins the team with immediate effect.
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NewsInternational trade continues to cause ‘concern’ in US marine industry
The state of trade continues to be an “area of concern” for the US marine industry, which one representative says “remains in the crosshairs” of the tariff and trade war, but there are signs of optimism.
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NewsBavaria appoints new CEO and makes other key appointments
Following his three-month tenure as managing director for sales and marketing, Michael Müller is now taking on an additional role: He has been appointed as the new chief executive officer (CEO) and is responsible for the activities of the entire group, including Bavaria Yachtbau GmbH in Germany and Nautitech Catamarans ...
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Aquatic AV expands Croatian presence
San Jose, California-based Aquatic AV, manufacturer of specialist waterproof AV equipment, has appointed Oktogon as its exclusive distributor in Croatia.
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