All articles by Neil Eaves – Page 39
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Apax Partners Boats Group acquires another leading online marketplace
Boats Group, the business behind the largest online marketplaces for boats and yachts, has acquired Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions. The acquisition reinforces the company’s focus on expanding its global footprint and increases consumer engagement throughout Western Europe. Boats Group’s marketplaces already connect the ...
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One hundred US marinas sold for $2.11bn
Dallas, Texas-based Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities Inc and one of its subsidiaries in a transaction for cash and SUI equity valued at $2.11bn.
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Dubai’s Harbour Marina welcomes first yachts
Ahead of its full opening, the first yachts have docked at Dubai Harbour Marina.
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Rescheduled 7th Qatar International Boat Show going ahead
Hamad Issa al-Mannai, CEO of Al Mannai Plus Events, has announced that the 7th Qatar International Boat Show (QIBS) will take place from November 16-20 at The Pearl-Qatar’s Porto Arabia.
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Scandinavian companies partner on electric engine development
Evoy and Oxe Marine team up to test high-powered electric outboard concept
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OXE agrees major order but scales back on 2020 growth forecast
Swedish diesel outboard engine manufacturer OXE Marine has signed a letter of intent with current central and southwest US distributor Diesel Outboards LLC (part of the Outdoor Network group) to expand ODN’s distribution territory to also cover southeast US. ODN’s expanded territory will include Florida, which according to OXE representants ...
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Two arrested for fraud linked to yacht-building business
Two South Africans have been charged with fraud in relation to Tag Yachts, a custom catamaran builder based in the Eastern Cape
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Ancasta releases latest accounts covering ‘challenging year’
Ancasta, one of the UK’s largest boat retail operations, opened its commentary on the company’s latest annual accounts for the year ended August 2019 by citing ”Brexit and the associated effects including weak sterling” as a cause for increased pressure on both new boat volume and margins. This, in tandem ...
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Scandinavian builders lead electric revolution as Rand and X Shore unveil new models
Two boatbuilders are launching new models centring on green and smart features
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Asian companies partner on all-electric boat and yacht range
VIVIC Corporation is teamed up with Taiwanese builder Kha Shing to roll out a new range of electric boats and yachts
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Popular cruising destinations impose stricter rules
The Seychelles and Maldives have both tightened restrictions on cruising yachts – one for regulatory purposes and the other for Covid-containment
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Sealegs launches 12m amphibious boat
New amphibious cabin RIB debuts as largest production model in the segment
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Riviera unveils new 50ft model
Gold Coast, Australian boatbuilder Riviera is introducing a new 50ft sports motoryacht to its line-up of larger 64, 68 and 72 models
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Scott Bader reports full 2019 results
The global materials specialist announced a 12% increase in profits for 2019, while reporting a 3% dip in turnover
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MasterCraft buys former Sea Ray plant
Newly-acquired Florida facility to handle all production for upscale Aviara day boat line
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OXE Marine signs deal with China’s largest outboard engine manufacturer
Parsun to distribute the OXE diesel outboard range in China
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Grants help fund US boatbuilder expansion
World Cat have announced they will open a new $8.8m production facility in Greenville, North Carolina.
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First electro-hydrogen production boat to debut at Cannes
Energy Observer Developments will present its hydrogen fuel cell technology integrated with a new 40-foot open boat developed with Hynova Yachts as a dayboat or superyacht launch
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Flexiteek announces new EU patent
Flexiteek has announced the grant of EU patent EP3071473A1 covering the material composition and 2G technology used for its Flexiteek 2G synthetic teak – an alternative to real teak decking. The company claims that its 2G synthetic teak material cools 30% faster than traditional composite decking, along with improving the ...