Market News – Page 470
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Berthon acquires UK marine firms
The Berthon group of companies in the UK has acquired BHG Marine and Willow Marine through its Lymington Marina subsidiary. The move comes not longer after the company acquired Marine IP, producer of the VersaDock mooring system.
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Raceix partners with Beneteau to bring game-changing technology to boaters
Group Beneteau signed a Development Partnership Agreement (DPA) with Irish marine technology company Raceix at the Miami International Boat Show last week.
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Marine & Property Group has busy start to 2019
The Marine & Property Group (MPG), which operates four marinas in Wales, has had an active start to 2019 with the opening of a new shed at its Cardiff shipyard, the launch of a discounted yachting visitor offering, and plans to purchase a building in its Aberystwyth marina to house ...
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Strong sales reported at Helsinki show
The Helsinki International Boat Show closed on Sunday, attracting just 1.2% more visitors (65,200) than last year.
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First USA Pavilion to appear at Sydney show
The National Marine Manufacturers Association (NMMA) is bringing its USA Pavilion concept from the METSTRADE Show to the Sydney International Boat Show in August, but opening participation to boatbuilders as well as boat component manufacturers.
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Vancouver show attendance better than expected
Despite unseasonably cold temperatures that brought high winds and a rare snowfall to the region, attendance at the 57th Vancouver International Boat Show (VIBS) slightly surpassed strong 2018 numbers, pleasing event organisers and exhibitors alike.
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John Thommen wins NMMA Freedman Award
John Thommen, founder and CEO of Ocean Marketing Inc, is the recipient of the National Marine Manufacturers Association (NMMA) 2019 Alan J Freedman Memorial Leadership Award, presented last Friday during the Miami International Boat Show (MIBS).
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Miami breakfast briefing: US marine industry growth expected to slow
Outgoing NMMA president Thom Dammrich delivers keynote speech at start of 78th Miami International Boat Show
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Brunswick presents financial update at Miami
On the heels of a strong 2018, Brunswick looks ahead to continued growth in its propulsion, boats and P&A business units.
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2019 Innovation Award winners announced
Judges select 18 winners and one honourable mention in 18 categories
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Grady-White named ‘Industry of the Year’
As it celebrates 60 years of boatbuilding, Grady-White Boats was honoured this week by the Pitt County (North Carolina) Development Commission as 2018-19 Industry of the Year.
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Polish marina to undergo US$5.5m overhaul
The Polish municipality of Puck, located on the shore of the Baltic Sea, has signed a deal to expand its marina’s capacity with 98 new berths and overhaul the facility as part of a project worth PLN 20m (US$5.5m).
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Strong refit market drives VBH growth and expansion
Riding the coat tails of a buoyant global refit market, Dutch systems integrator Van Berge Henegouwen is reporting rising demand for upgrades of onboard IT networks.
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FLIR posts Q4, full-year results
Wilsonville, Oregon-based FLIR Systems posted mixed results for its fourth quarter and 2018 full year, with lower revenues offset by record adjusted earnings on the strength of improved margin performance.
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Large crowds gather for Miami show
Around 100,000 visitors from around the globe are expected to descend on South Florida today through Sunday for the Miami International Boat Show (MIBS), Miami Yacht Show and Super Yacht Miami, with nearly 2,000 boats and 1,000 exhibitors selling everything and anything to do with boating.
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Evinrude donates $2m in engines to ABYC foundation
Sturtevant, Wisconsin-based Evinrude Outboards, the National Marine Distributors Association (NMDA) and the American Boat and Yacht Council (ABYC) jointly announced today that the engine builder will donate US$2m worth of Evinrude G2 3.4L V6 outboards to the ABYC Foundation in support of its marine technician training program.
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AkzoNobel reports mixed 2018; Vows ‘to invest in growth’
AkzoNobel NV, the Dutch-based multinational maker of decorative paints and performance coatings, has reported mixed 2018 results due to adverse currency movements, pricier raw materials and lower volumes.
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Fore Points Marina on schedule for mid-May opening
Portland, Maine is hoping its new Fore Points Marina will further transition the city from a provisioning layover to a destination. When the 150-slip luxury marina opens in May, it will be able to accommodate 15 superyachts with an “unlimited” maximum length.
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New owners for US dinghy firm
A long-time supplier of dinghies and small outboards to the San Diego, California boating community has been saved from closure with its purchase by South Coast Yachts.
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Wet snow sinks three boats, damages others in marina roof collapse
Three boats sunk and several others were damaged when wet, heavy snow collapsed the roofs covering two boat docks at West Bay Marina in Olympia, Washington.