Sector News – Page 12
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Hong Kong eyes yacht, marine tourism
Focus on yachts, island resorts and marine eco-tours could transform local tourism
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StellarPM signs contract for second ST108
Work nearing completion at Vietnamese yard for first ST108
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Fairline Yachts said to have preferred bidder in sight
Media reports suggest private equity business leading a rescue that will keep manufacturing in the UK
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Boatfolk Marinas reviewing its future financing options
CBRE brought in to advise on what maybe a sale or refinancing
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FPT Industrial North America expands northeast US distribution
Stauffer Diesel Distribution to represent FPT marine engines throughout Connecticut, Delaware, New Hampshire, New Jersey, New York, Maine, Maryland, Massachusetts and Rhode Island
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Denison announces new partnerships
US yacht brokerage unveils private jet partnership and new representation of Ocean King, Filippetti yacht brands
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French builder expands capacities in Normandy
Bord à Bord is developing its manufacturing capabilities in the country’s north-western region
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International Superyacht Society elects first Turkish Ambassador
Nurettin Çalışkan is the founder and managing director of Neva Marine and Neva Composite Technologies
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HISWA beefs up electric boat handling rules to help prevent lithium-ion battery fires
Dutch boating lobby proposes tougher storage and handling norms to prevent catastrophic lithium-ion battery fire
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TISG forms strategic partnership with Yachtzoo Japan
The Italian Sea Group is looking to strengthen its APAC presence
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Twisted Marine expands with purchase of Network Yacht Brokers
New acquisition grows brand south coast brokerage activity
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Twin Vee 2024 revenues down 57%
Lower revenues, higher losses mark difficult year for US boat builder
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Chris-Craft unveils new Catalina model at PBIBS
New Catalina 31 model showcases modern design, enhanced comfort and innovative features
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Beneteau Group expects retail boat market to fall by 5%-10% in 2025
20 new models to be launched in second half when dealer restocking programmes anticipated to take effect; 2024 net income fell by 47% but overall Group declares strong financial position
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Van der Valk opens 7th construction hall to handle growing demand
New hall allows Dutch builder to simultaneously work on two more superyachts up to 47m
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Bavaria back in black, showing facelifted successful models
German boatbuilder returns to profitability following its rescue in 2018 by CMP Capital Management
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Gulf Craft provides update on new Superyacht Service Centre
New mobile hoist straddle carrier with capacity to lift superyachts up to 60m in length
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Garmin named 2025 IBBI supplier of the year
International boat builder buying group honours Garmin marine for ‘outstanding service and support’ for second year in a row
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Hiswa-in-Water’s 40th edition to be held September 3-7 in Lelystad
Northwestern Europe’s largest in-water show to be “bigger and more diverse than ever”
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Barcelona International Boat Show to expand; possible second event in plan
’Boatique’ concept introduced as new strategy for 2025-2028; possible second event to be held in the spring