Market News – Page 487
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Survey shows increasing strength of Australian marine sector
The latest survey of the Australian recreational marine industry for 2017/18, commissioned by the Boating Industry Association (BIA), underpins the growing strength of the leisure marine sector in the country. The survey states: “The boating industry has seen steady, healthy growth over the last three years, picking up from a ...
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US yacht broker makes Inc 5000 list
Annapolis Yacht Sales (AYS) has earned a place on the 2018 Inc magazine 5000 fastest-growing private companies in America, docking at number 4,389 with a reported US$45.2m in revenue last year and 75% growth over a three-year period.
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Buyer for Bavaria in sight
A new owner for Bavaria Yachtbau looks to be in sight, with reports that a bidder’s binding offer is on the shipyard’s desk with specifics of the sale already having been negotiated.
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Boating ban lifted at Cape Town’s biggest dam after winter deluge
Cape Town’s largest dam has lifted a ban on recreational boating following late winter rains that have brought relief to the drought-stricken Western Cape Province.
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Clarion, JL Audio enter licensing agreement for marine markets
JL Audio is to assume responsibility for the sales, support, marketing and future product development of Clarion-branded marine audio products in the US and Canada under an exclusive, long-term agreement announced jointly by both companies.
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Brisbane show attracts strong crowd
Visitor numbers were up by 16% at the 2018 Brisbane Boat Show, which ran from August 24-26 at the Brisbane Convention & Exhibition Centre in Queensland, Australia. The three-day event attracted around 18,226 people.
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Walcon Marine wins UK pontoon contract
Walcon Marine, the UK-based marina builder, has won the tender for the supply of walkways, finger pontoons and a bridge as part of Premier Marinas’ regeneration of Swanwick Marina on the River Hamble on Britain’s south coast.
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Barrus enters marine chandlery market
UK-based engine importer and distritubor EP Barrus Ltd has signed an exclusive distribution agreement with Talamex, a branded range of over 3,500 chandlery items.
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NewsPrincess launches R35
The new sports yacht from the UK builder has been turning heads at the autumn boat shows thanks to its innovative foiling technology and radical, yet elegant styling
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SA powerboat builder heading Down Under
Fusion Power Boats enters Australian market with new distribution partner
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Lund, Crestliner target women for manufacturing jobs
US builder forms Women in Manufacturing Group
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Pendennis Shipyard reports record turnover
Employee investment key element in group’s future strategy
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Peters & May renews Antigua Sailing Week sponsorship
UK-based boat transporter to serve as official shipping and logistics partner for the 2019 and 2020 events
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Canadian builder exits bankruptcy
Rossiter Boats gets new owner, Scott Hanson to resume role of company president
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US powerboat registrations strong through Q2
Sales of towboats, cruisers, freshwater fishing boats, yachts and PWCs were all up
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Shareholder shakeup at SA's Anchor Boat Shop
Nautic Africa sells stake Cape Town-based Yamaha engine dealer
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Green light for £75m UK marina redevelopment
Premier Marinas plans to make Noss on Dart marina one of the UK’s finest facilities
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