All Middle East articles – Page 58
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NewsAmerican Boating Congress: US economy should see year-end rebound
Low oil prices, small business and manufacturing to lead recovery
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NewsArgentinian marine industry faces peak of Covid-19 crisis
As a consequence of strict quarantine measures, Argentina’s boating industry is undergoing the toughest times ever seen
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NewsAmerican Boating Congress opens in DC and 800 other locations
NMMA president Frank Hugelmeyer said Americans will seek outdoor adventures close to home for the foreseeable future More than 800 members of the US boating industry descended on Washington, DC for the annual American Boating Congress (ABC) Wednesday, but did so via laptop, tablet and mobile phone ...
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News35th Palm Beach show to take place this week in virtual form
The 35th Palm Beach International Boat Show and the National Marine Manufacturers Association’s (NMMA) American Boating Congress (ABC) take place this week and both are being held online for the first time ever as the US recreational marine industry initiates ways to move forward amid the COVID-19 pandemic.
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NewsAIG takes major hit from COVID-19 with quarterly profits down 93%
AIG (American International Group), a major player in the international superyacht insurance market, has reported a 93% fall in quarterly adjusted profits largely due to COVID-19, which it describes as “the single largest catastrophe loss the industry has ever seen”. Part of the fall was due to money put aside ...
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News“I wanted to make something completely new”
Uncertain times call for bold actions and as new product launches go, Finnish brand Saxdor’s new ‘scooter’ tears up the rule book
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NewsAmerica’s ‘Discover Boating’ sees boost in consumer interest
Despite circumstances surrounding the coronavirus pandemic, America’s Discover Boating marketing platform is seeing a boost in visitor traffic and growth over the past year, providing early indicators of higher consumer interest in boating
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NewsAkzoNobel Q1 profitability up 31%, but revenues down 6%
Paints and coatings giant AkzoNobel posted a 31% rise in Q1 profitability – to €214m – but saw its revenues sink to just over €2bn, a drop of 6%.
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NewsAmerica’s Boating Club launches weekly online magazine show
The volunteer-run America’s Boating Club, also known as United States Power Squadrons, has launched a new weekly online magazine show as part of its boating video and boater education digital media channel. America’s Boating Channel LIVE was created by volunteers to help recreational boaters cope while sheltering during the Covid-19 ...
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NewsAlia turns hull of first 36m all-aluminium shadow vessel
Turkey’s Alia Yachts has turned the aluminium hull of its 36m shadow vessel slated for delivery in 2021. Once complete it will support Project Phi, the 55m mothership currently in build at Royal Huisman in the Netherlands.
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NewsAmerica’s Cup technology used to develop wind turbine blade
A wind turbine blade manufactured by ACT Blade, a spin-off of UK-based yacht sail developer SMAR Azure, has passed its first test with flying colours.
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NewsABYC updates USCG guide, solicits input for future standards updates
Standards updates applicable to all companies building boats for the US market
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NewsAntonini Group launches new yacht brand
Italy’s Antonini Group, a commercial shipbuilder active in the oil and gas industry, has entered the luxury yacht market with the creation of a new brand – Antonini Navi. The project is the brainchild of Aldo Manna and has the full support of the Antonini family, with a planned investment ...
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NewsArcadia Yachts announces sale of new Sherpa XL
The Italian builder also has another four yachts on order
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NewsAmels on track to launch nine yachts in 2020
Dutch superyacht maker Amels is confident it will be able to launch nine yachts in 2020, despite the coronavirus’ debilitating impact on the company and the Dutch economy as a whole.
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NewsGulf Craft adapts to new market conditions
Abeer Alshaali, acting CEO of Gulf Craft In an email exchange with IBI’s Middle East correspondent, Abeer Alshaali, the acting CEO of Gulf Craft, explained how the UAE-based yacht-builder is adapting to the new market conditions and manufacturing challenges raised by COVID-19. Gulf Craft is the ...
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News2019 US sailboat sales drop
The NMMA releases its first 2019 Statistical Abstract for the sailboat sector
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News€300m Ayia Napa marina due for completion ahead of summer Med season
The latest Cypriot marina development, the €300m Ayia Napa marina, is close to completion and will be ready in time for the Mediterranean summer season, although with the coronavirus pandemic it is not sure how that season might be impacted upon.
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News‘Controlled shutdown’ at Princess Yachts
Princess Yachts Ltd has announced a controlled shutdown of its UK facilities with immediate effect. The company today released the following statement: “The health and safety of our employees is of paramount importance and is our main priority, along with our network, suppliers and international clientele. We also take our ...
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