Market News – Page 484
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HISWA, Dutch leisure sector lobby to merge
In the face of consumers’ changing vacationing patterns, HISWA Holland Marine, the Dutch boating sector lobby and RECON, the Netherlands’ leisure industry trade group, plan to merge.
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US dealership same-store sales decline in October
Same-store marine dealer sales decreased by just over 5% in October, according to the latest report form CDK Global Recreation. The decrease follows a September gain of a mere 0.2%.
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Feadship Refit & Services opens for business
Dutch superyacht builder Feadship has announced the formation of a globally operating company called Feadship Refit & Services, which will be responsible for implementing Feadship’s new customer support strategy referred to as ‘My Feadship’.
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Fastmount names winners of annual Distributor Awards
New Zealand panel mounting manufacturer Fastmount announced the winners of its annual Distributor Awards in Amsterdam last night. The awards evening is held every year during the METSTRADE Show, and brings together Fastmount’s network of 32 distributors from around the globe.
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Crewsaver appointed sole distributor for Exposure Lights
The Survitec Group has expanded its operations and product range with a new product and a new distributorship for the UK and Ireland
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Meeco Sullivan, Suntex complete Vero Beach expansion
Suntex Marinas and Meeco Sullivan have completed expansion of the former’s Vero Beach Marina; the second Florida project and fourth overall the two companies have completed in 2018.
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Carmanah reports mixed Q3 results
LED signals manufacturer Carmanah Technologies Corp reported mixed results for its third quarter of 2018, with a slight revenue decline offset by higher gross profits.
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Tennessee introduces itself to the marine world
Tennessee is no stranger to the world of recreational marine; it’s a US$3b industry that employs over 15,000 residents of the state; but the marine world may not be aware of Tennessee, so a delegation from the state’s Small Business Development Center is exhibiting at this year’s METSTRADE for the ...
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NewsBoating BC opens 2019 recreational boating grant program
Vancouver, Canada-based marine trade association Boating BC has announced that it is now accepting applications for its 2019 grant and scholarship program in support of projects to grow boating participation within the province.
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Allpa and Technodrive hit 30
Dutch manufacturer and distributor celebrating 30 years distributing Technodrive
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Panama City to end marina rental, create fund to rebuild following hurricane
Panama City, Florida leaders are getting creative in how to rebuild the two city-owner marinas following Hurricane Michael, which devastated the city in October.
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NewsD-Marin joins Middle East grouping to boost Dubai as global yachting hub
A new joint venture partnership, designed to further boost Dubai as a global yachting hub, has been signed between D-Marin, Dubai Holding and Meraas. This brings together a clutch of marinas in Dubai with D-Marin’s network of 11 marinas across four countries in the Eastern Mediterranean.
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NewsGastinel reveals bold plans to outshine market
In his keynote presentation at the opening ceremony for METSTRADE on Tuesday, Hervé Gastinel, CEO of Groupe Beneteau, laid out some ambitious challenges in the years ahead for the world’s largest boatbuilder. He explained that Groupe Beneteau initiated a business transformation programme which has the simple objective to ensure sustainable ...
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Marine Retailers Association of America and Grow Boating expand education efforts
Marine dealerships could turn more first-time boat shoppers into boat buyers, and to that end, the Marine Retailers Association of America (MRAA) and Grow Boating are expanding their education partnership by developing additional training to be offered online and at the Marine Dealer Conference & Expo in December.
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Ambassador Hoekstra talks tariffs, opens USA Pavilion at METSTRADE
The US Ambassador to The Netherlands, Peter Hoekstra, kicked off the 2018 METSTRADE Show with a ribbon-cutting ceremony at the USA Pavilion and a meeting with exhibitors, State delegations and officials of the National Marine Manufacturers Association (NMMA).
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Auckland faces serious marina berth shortage
Auckland, the centre of New Zealand’s sizeable yacht and boating industry, is facing a serious shortage of marina berths. According to The New Zealand Herald, local boat owners are really struggling to find berths with the next America’s Cup scheduled to be held in the city in 2021.
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NewsTurkish builder launches three superyacht tenders
Turkish yacht-builder Su Marine recently launched three superyacht tenders, with the cooperation of US company Reliant Yachts, for a 105m superyacht that is currently under construction at an
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USA Pavilion serves as “incubator” at METSTRADE
Seven new US manufacturers will be represented at the USA Pavilion during METSTRADE this week trying to break into the EU market place in what one industry leader said is “hands-down, the best show to help them do that.”
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Ft Lauderdale poised to approve US$25m marina project
The Ft Lauderdale, Florida, city commission last week approved zoning amendments that clear the way for a vote of final approval for a US$25m mixed-use marina project, which is scheduled for 20 November.
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Plastics sector strike hits SA builder
A strike in South Africa’s plastics sector threatens to negatively impact local boatbuilding yards, with one prominent builder already affected in Durban.
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