Sector News – Page 359
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NewsSouthampton show organiser reveals new layout, changes to 2021 event
UK trade association British Marine, organiser of the Southampton International Boat Show, has confirmed that Britain’s biggest festival of boating will be returning to Mayflower Park this year (September 10-19) with a bold new layout and several other changes to enhance the visitor experience. Working in partnership with Southampton City ...
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NewsMichigan Wheel expands presence in Italy
UK-based Michigan Marine Propulsion has chosen power specialist VTE Marine (VTE) to distribute their Michigan Wheel-branded outboard and sterndrive propeller ranges in Italy. VTE Marine is owned by VTE Srl, manufacturer of Paguro generators. “The time is right to expand our presence in Italy with the increased demand we are ...
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NewsIsraeli broker appointed representative of Germany’s YYachts
YYachts are built at the Greifswald yard owned my Michel Schmidt, the former CEO and founder of of HanseYachts Israeli company Ofek Yachts was recently appointed as the Israeli and Cyprian representative of Germany’s YYachts, the Israeli broker told IBI this week. YYachts are built at Michael ...
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NewsFairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019
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NewsArksen sells first 85 Explorer, two more to be built on spec
Project Ocean due for delivery in spring 2022
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NewsPartnership clears last hurdle toward Dana Point revitalisation
The project is expected to be completed in 2026
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NewsProspects bleak for Russian yacht charter operators
Europe’s sluggish vaccine roll-out and the threat of more lockdowns dash hopes of Russia’s struggling charter brokers
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NewsMaritimo focuses on US with major commitment at next week’s Palm Beach show
Tom Barry-Cotter announces eight new models for 2021
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News‘Made in Britain’ designation valued at £3.5bn a year to UK businesses
Freeport choices could also help UK marine leisure industry in post-Brexit initiatives
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NewsSemiconductor shortage could have broad implications for boat industry
A perfect storm of tight supply and growing demand has left marine equipment manufacturers struggling to secure supplies of an increasingly critical component. IBI speaks to Navico CEO Knut Frostad and Raymarine General Manager Gregoire Outters for additional insight.
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NewsSanlorenzo confirms 2020 results and profitability
Italian yacht builder Sanlorenzo approved draft financial statements for 2020, revealing strong profit gains on stable revenues and a growing backlog
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NewsBoatbuilders join Volvo Penta online for assisted docking launch
Automated docking system webcast features appearances from Beneteau, Azimut Benetti and Tiara executives
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NewsOsculati hires new sales manager
Francesco Caramaschi joins Italian marine accessories firm with immediate effect
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NewsAussie yacht charter firm expands into refit, brokerage
Ahoy Club adds to its portfolio of offerings
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NewsToo much business sinks Brisbane show
The (Australian) Boating Industry Association Ltd (BIA) has postponed the Brisbane Boat Show until 2022. This is reputedly due to the significant increase in demand for new trailer boat and watercraft resulting from the ‘staycation’ phenomenon outcome of Covid-19. The show was due to have been held from 20-22 August. ...
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NewsResin: “An unprecedented supply-demand imbalance”
In a year full of ’unprecedented’ scenarios, yet another has emerged in the market for resins – a key component for boatbuilding and many other industries
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NewsUS boatbuilders facing shortages “on just about everything”
Covid-19 impacts and rapid surge in demand for boats forcing multiple challenges to global supply chains
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NewsBerlin Boat Show becomes ‘year-round’ event
Berlin plans its boat show for 365 days a year; Boat & Fun online launches as digital supplement in spring
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