Market News – Page 486
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NewsSchwabero to retire; Foulkes named new CEO
Mark Schwabero will be stepping down as chairman and chief executive officer
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Sealegs takes High Court action against Kiwi firm
Sealegs has filed a High Court claim against New Zealand company Tectrax Ltd for alleged infringement of copyright in the unique arrangement of features in the Sealegs amphibious system.
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Obituary: Dave Christensen
David Christensen, founder of Christensen Shipyards in the US, passed away on Monday from complications of Alzheimer’s disease. He was 87.
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Sirena Yachts appoints Mid-East dealer
Sirena Yachts in Turkey has named UAE-based Deals on Keels as its official distributor for the GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE).
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Bavaria presents new strategy
The new management of Bavaria Yachtbau wants to return to its former glory days as the world’s largest manufacturer of leisure boats in series production. “We will invest in the growth of the production capacity and the former strengths of Bavaria. This includes an excellent price-performance ratio, which Bavaria has ...
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Scanstrut appoints new product manager
Ian Cook will be an integral part of the UK firm’s product management team
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Alliance Marine acquires 3SI
Alliance Marine Group, owner of Accastillage Diffusion, Plastimo and VDM-REYA of France, has acquired 3SI Group for an undisclosed sum. 3SI Group includes well-known brands such as Ocean Safety, Typhoon, ISP and Revere.
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Taylor Made makes key promotion
Taylor Made has promoted Todd Vincent to director of engineering, marine OEM. Vincent was most recently senior engineering account & project manager.
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Zipwake expands in UAE
Saim Marine, sole agent for Zipwake interceptors in Italy and Monaco, is to begin distributing the Zipwake range in the UAE though its Dubai agent, Yacht Controller ZFE. The agreement also covers parts of the Persian Gulf area, including S
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Green light for major expansion of Australian marine precinct
The Mayor of the City of Gold Coast, Tom Tate, has thrown his support behind the next phase of the evolution of The Boat Works in Coomera, Australia, declaring its plans for expansion a “major project” of particular significance to the region for the size of investment and the impact ...
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Princess Yachts listed in Sunday Times 'Top Track 250'
Princess Yachts has placed 87th in the annual ‘Top Track 250’ listing of UK companies compiled for The Sunday Times newspaper.
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2018 Biograd Boat Show to be bigger than ever
The 2018 Biograd Boat Show (BBS) in southern Croatia is celebrating its 20th anniversary this year, with more exhibitors than ever expected to take part.
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Marine Resources named Runner Up in British Marine Awards
UK-based Marine Resources Recruitment Ltd has been recognised as a Runner Up for the British Marine Award, ‘Best Company to Work For – Under 20 Employees’.
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MB92 wins La Ciotat shiplift concession
An €84m investment in expanding its facilities was announced by La Ciotat Shipyards at the recent Monaco Yacht Show. The €84m included €64m for a new 4,000-tonne capacity shiplift facility and €20m for a new marina village.
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SmartPlug appoints UK distributor
SmartPlug Systems in the US has chosen Marathon Leisure as its sole distributor for the UK and Ireland. The Seattle-based company manufactures a full range of stainless steel and non-metallic shore power inlets and connectors that are available in both 16amp and 32amp variants.
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Lürssen fire may result in €590m insurance claim
The recent serious fire at Lürssen’s Bremen-Aumund shipyard in Germany, in which a 100m-plus superyacht in a floating dock was damaged to an unknown degree, presents the prospect of an insurance claim as high as €590m.
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Dates set for 2019 Ottawa Boat Show
Event organiser Master Promotions has confirmed that the 2019 edition of the Ottawa Boat Show will return to the EY Centre from February 21-24.
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German interiors specialist launches US division
German yacht interiors specialist metrica has opened a US division in Greenwich, Connecticut. Headed by Mark Mantione, metrica’s new CEO for North America, the expansion will accommodate the company’s burgeoning US and North American-based clientele and growing project portfolio.
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Yanmar strengthens distribution in France
Japanese engine manufacturer Yanmar Marine International has opened a sales and customer representative office in the Vendée region of western France. Based in La Roche-sur-Yon, Yanmar France SAS was established to assume full responsibility for the distribution of all the company’s products and services.
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Croatian marina operator eyes Slovenian acquisition
Croatian marina operator ACI Marinas d.d. is reportedly considering to purchase the Portorož marina in Slovenia as part of its foreign acquisition plans.
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