Market News – Page 476
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NewsInforma names new president of US boat shows
International boat show producer, Informa Global Exhibitions, has promoted Andrew Doole to head up its boat shows in the US, including the Fort Lauderdale International Boat Show, Miami Yacht Show and Palm Beach International Boat Show, as well as the St. Petersburg and Sarasota Suncoast shows in Florida. ...
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NewsELUX Marine launches electric pontoon boat
The upcoming Minneapolis Boat Show will see the debut of a new electric-powered, fiberglass “luxury pontoon boat” from ELUX Marine. The show runs from January 24-27 at the Minneapolis Convention Center.
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NewsMAA expands digital marketing team
The Marine Advertising Agency (MAA) in the UK has strengthened its digital marketing team with the appointment of Susannah Hart as digital marketing account manager.
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NewsPerotti returns Sanlorenzo to full Italian ownership
The pace of development at Italian superyacht-builder Sanlorenzo has been a challenge to keep up with over the past few years. From the group’s latest news, it appears that the pace will not slow in 2019, as chairman and CEO Massimo Perotti highlights share buybacks, ongoing plans for new SL ...
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NewsIrish Marine Federation appoints new chairman
Paal Janson has been elected chairman of the Irish Marine Federation (IMF), the trade body representing leisure marine interests in Ireland.
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Taxes, infrastructure, pollution are major hurdles to yachting in India
High taxation, a lack of proper facilities and rising pollution levels are impeding the growth of yacht tourism in India, an industry expert says.
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Boat Show Eurasia changes name
Two Turkish boat shows whose February dates overlap – the CNR Eurasia Boat Show and the newly launched Boat Show Eurasia – have made changes to their respective events next month following poor attendance and confusion amongst visitors and exhibitors at last year’s shows.
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NewsLate actor’s family opposes sale of John Wayne Marina
The continuing saga of the John Wayne Marina in Sequim, Washington, now sees the late actor’s estate weighing in with opposition to the sale and has informed the port of Port Angeles that it cannot sell the facility without consent of the estate’s approval.
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ABBRA to host annual meeting in Ft Lauderdale
The American Boatbuilders & Repairers Association (ABBRA) is set to meet later this month for its annual meeting, billed as “the only conference designed by boatyard operators for boatyard operators.”
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Million-dollar marina fire reignites, sparks concerns over fuel spill
An overnight fire Tuesday that sank two houseboats and destroyed a third at Constitution Marina in Charlestown, Massachusetts, reignited Wednesday afternoon, forcing firefighters to return to the scene and sparking concerns about fuel leaking into the harbour.
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North Technology Group purchases Magic Marine, forms new division
North Technology Group (NTG) has purchased MBrands International BV, owners of the Magic Marine technical sailing apparel brand and Mystic kiteboarding accessories, creating a new division of NTG called North Actionsports Group.
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NewsDoyle Sails expands presence in Ireland
Doyle Sails International has expanded its presence in Ireland with the opening of a new loft in Galway. This, the company states, is to better serve the rapidly growing sailing industry in Ireland.
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NewsUS boating industry marks seventh consecutive year of growth
According to the National Marine Manufacturers Association (NMMA), 2018 marked the seventh consecutive year of growth for retail sales of new powerboats in the US. The American trade association announced a 4% year-over-year increase in unit sales of new powerboats to approximately 280,000 units, marking the highest total since 2007.
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NewsDüsseldorf show to benefit from London’s closure
After a run of 63 years, the January London Boat Show is no more. IBI speaks to four companies which traditionally would have been displaying their products this week at an event which at one time drew over 325,000 visitors.
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NewsFinal call for Innovation Award entries
Tomorrow (Friday 11 January) is the deadline for submitting entries for the 2019 Miami International Boat Show Innovation Awards.
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NewsUnited Yacht Sales reports 40% growth in 2018
Stuart, Florida-based United Yacht Sales has reported a 40% increase in sales during 2018, citing numerous positive economic indicators, high consumer confidence and “President Donald Trump’s changes to the tax code that allowed for the entire purchase price of a yacht to be deducted when used for business purposes”, the ...
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SeaVee Boats consolidates facilities, doubles manufacturing space
In an effort to improve efficiency and meet demand, SeaVee Boats is consolidating its Miami, Florida facilities into one campus with a new 220,000sq ft manufacturing facility located on 10 acres in nearby Medley.
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Navigare Yachting USA reinforces sales team
Keith McVeigh has joined Navigare Yachting USA as head of its yacht sales division. His efforts will channel growth through Navigare’s existing network of partner dealers as well as direct sales to individual investors in the US and Canada.
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Rhode Island show features student boats from marine trade program
The North Providence, Rhode Island school district’s marine trades program was the centrepiece of the recent Providence Boat Show; not only displaying and selling student-built boats but touting the program’s academic and work-placement success.
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NewsConstruction begins on Johnson 70
Construction of the Bill Dixon-designed Johnson 70 motoryacht has commenced at Johnson Yachts’ shipyard in Kaohsiung, Taiwan.
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