Market News – Page 480
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NewsMiddle East Yachting Conference draws strong crowd
The 12th Middle East Yachting Conference took place in Abu Dhabi on November 28. Organised by the Dubai International Boat Show, the event called for greater interaction between GCC countries to support the superyacht market.
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NewsLumishore names new superyacht sales director
Lumishore, the UK manufacturer of underwater LED lighting systems, has appointed Edward Lacey as superyacht sales director.
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Entries open for 2019 Innovation Awards
Recreational marine manufacturers who believe they have a new and innovative product have until 11 January 2019 to submit an entry for the Miami International Boat Show Innovation Awards.
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NewsBerman upbeat at Cape Town launch of Balance 526 hull #6
Balance Catamarans has released hull #6 of its award-winning 526 series, the company announced on Wednesday.
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Greece third in superyacht ownership league
Two recent reports by Bloomberg and Knight Frank indicate that Greece is third in the league of global superyacht ownership for vessels over 40m (131ft) in length. Greece is also the fourth most popular destination for such sized yachts to visit.
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Executive appointments at KVH
Bruun, Woodhead assume expanded responsibilities at mobile connectivity and inertial navigation systems manufacturer
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Beneteau America appoints new dealer
Hutchinson’s Boat Works to represent Beneteau powerboats in upstate New York
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NewsRetail executive to head up West Marine
America’s largest marine equipment retailer has gone outside of the boating industry to find its new CEO
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Ban on new marinas in the Balearic Islands for the next 15 years
Balearic government seeks to maximise capacity of existing facilities
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NewsMarquis to spin off Larson boat line
Marquis Yachts in the US has announced the sale of its Larson boat line and the lay-off of 30 administrative and production workers.
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NewsMonaco Marine’s new yard in La Seyne-Toulon opens for business
The latest and seventh shipyard in Monaco Marine’s South of France network is now fully operational, having opened last month. Located at La Seyne-Toulon, the new yard is a state-of-the-art facility for maintenance and refit and will specialise in superyachts from 30m-55m (98ft-181ft).
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Bryant Boats hires VP of sales and marketing
Robin Brendle has been hired as the new vice president of sales and marketing for Bryant Boats in the US. Brendle joins the company with more than 20 years in the marine industry, having held sales positions at Brunswick, Larson, Sea Ray and HCB.
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Lenco Marine appoints Italian distributor
Lenco Marine, US manufacturer of trim tabs, actuators, hatch lifts and other accessorie, has appointed Osculati Srl to serve as its exclusive distributor in Italy.
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MCY wins ‘100 Italian Excellences’ award
Monte Carlo Yachts (MCY) has received a ‘100 Italian Excellences’ award for its achievements in the nautical sector.
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NewsUS outboard shipments up through October
US wholesale outboard engine shipments were up 6.7% year-to-date and year-over-year through October, according to the monthly shipping report compiled from a control group of National Marine Manufacturers Association (NMMA) members.
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Dometic Group acquires outdoor aftermarket specialist
The Swedish equipment provider is looking to leverage and expand Kampa’s aftermarket offering across Europe
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NewsPorto Montenegro and Damen to redevelop commercial shipyard for superyachts
In a 50:50 joint venture between the Damen Shipyards Group and Porto Montenegro (PM), some €20m will be invested in developing a superyacht refit and maintenance facility at Bijela able to handle vessels up to 120m (394ft).
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MRAA, Nautique expand dealer certification
A partnership between the Marine Retailers Association of America (MRAA) and Nautique Boats has seen more than half of the boatbuilder’s dealers achieve Marine Industry Certified Dealership status.
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