Market News – Page 474
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Florida Keys fight Airbnb yacht rental
Monroe County, Florida – which is made up entirely of the Florida Keys – is cracking down on Airbnb rentals, and has its first-ever test case pending against the owner of a 40ft sportfishing yacht.
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MarineMax names head of MA stores
MarineMax, America’s largest boat retailer, has named Adam Cooper as general manager of its Massachusetts stores – MarineMax Russo Danvers, MarineMax Boston and MarineMax Russo Hingham.
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Uniesse Marine appoints global representative
Uniesse Marine Group in the US has appointed IYC-The International Yacht Company as its exclusive global representative.
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MPC reports Q4 drop in net sales
Marine Products Corp (MPC), the parent company of Chaparral and Robalo boats, reported Q4 2018 net sales of just over US$62m, down 5.4% from the previous year which the company says is due to a decline in international sales due to the Trump administration tariffs.
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NewsSirena Marine plan new yard to build larger motoryachts
To cope with demand and give it the ability to build larger yachts, Sirena Marine is looking for a site for a new shipyard that it hopes will be operational in the next year. Few details are known at this stage, but IBI understands that more information is forthcoming in ...
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NewsLalizas Convention attracts full house
Lalizas, the Greek manufacturer and distributor of marine safety equipment, held its annual three-day staff convention at its headquarters in Piraeus last week.
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NewsFirst Arksen model to be built in April
The official launch of the UK-based Arksen brand was held at boot Düsseldorf this week. Three yacht sizes are planned for the new series – the Arksen 70, Arksen 85 and Arken 100.
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NewsVanquish Boats relocates
After a decade of building ‘New England-style’ runabouts, dual and center consoles, Vanquish Boats is relocating to South Florida to accommodate the company’s growth.
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Brunswick creates fibreglass boat design and technology centre
Brunswick Boat Group is launching a 45,000sq ft Fiberglass Boat Technology Center (BFBTC) in what the company says will be “home to the industry’s most formidable boat product development team, with a mission to design, engineer, and launch innovative, industry leading products for two of the most iconic brands in ...
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NewsBesenzoni teams up with FB Design
Besenzoni, the Italian equipment-maker, has signed a collaboration agreement with Italy’s FB Design that will see the two companies work together on new seating solutions for high-performance boats.
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NewsMarineMax starts fiscal 2019 on an upswing
MarineMax reported revenue growth of 2% – or just over US$5m – for the fiscal 2019 first-quarter ended 31 December 2018.
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US outboard wholesale shipments up in 2018
Wholesale outboard shipments in the US were up 5.9% in 2018, according to the National Marine Manufacturers Association (NMMA) Monthly Shipping Report.
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NewsLund, Skeeter, Smoker Craft named winners at Minneapolis Innovation Awards
Lund Boats, Skeeter Boats and Smoker Craft Inc were named as category winners Wednesday evening at the Progressive Insurance Minneapolis Boat Show Innovation Awards.
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News4th International Breakfast Meeting draws strong crowd
The focus of the 2019 International Breakfast Meeting, held on Tuesday 22 January at boot Düsseldorf, was the booming business of charter boats and its challenges for boatbuilders.
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Seattle Yachts acquires Cabrillo Yacht Sales
Less than a year after opening an office on the US east coast, Seattle Yachts has purchased Cabrillo Yacht Sales of San Diego, California.
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NewsBrock Elliott inducted into NMMA Canada Boating Hall of Fame
Retired Campion Marine president Brock Elliott was inducted into the NMMA Canada Boating Hall of Fame Tuesday morning during the Toronto International Boat Show’s annual industry breakfast.
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NewsFormer Ferretti Group exec joins Sunseeker
Andrea Frabetti will join Sunseeker International on 28 January as its new chief technical officer following the retirement of company co-founder John Braithwaite in June 2018
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NewsAquila names new sales manager
Aquila Power Catamarans has named Anna Nowotarska as its new sales manager for Europe.
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NewsUS powerboat registrations up through November
US powerboat registrations were up 4.4% in November on a rolling, 12-month year-over-year basis, with increases seen in all categories of boats.
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NewsNew Platinum series engine presents golden opportunity for Nanni
Nanni’s new N16 Platinum series engine, being launched this week at Düsseldorf, is the big sister to the N13 launched at Cannes last September, and represents a key strategic move for the engine manufacturer. Based on a Scania block, the 16lt, 1,200hp engine is the biggest the French manufacturer has ...
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