Sector News – Page 374
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IBI investor series continues on Thursday
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades
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Turkish trade group takes action to force postponement of Eurasia Boat Show
The Yacht and Boat Industry Association of Turkey (YATED) is seeking a court order to prevent the Istanbul exhibition from taking place in February
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Tankoa Yachts considers takeover of Cantieri di Pisa
Acquisition would allow for an innovative new range of 30m-45m yacht models
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Shadow-Caster hires European representative
UK-based Global Marine Associates (GMA) will represent the US lighting specialist’s products in Europe
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Majesty 175 completes maiden sea trial
Gulf Craft’s new flagship is said to be the world’s largest composite production megayacht
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Simpson Marine sees Covid boost as Asian market embraces boating
Simpson Marine reported a busy year in 2020 with substantial growth in all business streams of new yacht sales, brokerage, yacht charter and services. The company sold 112 new and pre-owned yachts, with sales bringing in over $200m. The company reported that… To continue reading, please see the IBI Plus ...
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Yamaha US Marine makes key appointments
Yamaha announces three executive appointments at its US Marine business unit
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Dates announced for new virtual Paris boat show
Virtual Nautic, an online version of French show to take place this spring
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Lewmar adopts ‘direct distribution’ model for the UK
Marine equipment manufacturer Lewmar is no longer working with Aquafax as its UK distributor
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Caterpillar Marine’s new Triple Turbo diesel takes performance to another level
Caterpillar Marine will release its C32B Triple Turbo 2433 metric horsepower (MHP) high-performance diesel engine late this year, targeting sportfishing, governmental and yachting repower markets.
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Albanian government issues tender to build new marina
The marina in southwest Albania must accommodate a minimum of 400 craft
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Two Florida shows to go ahead this week
The Stuart Boat Show and St Petersburg Power and Sailboat Show are both set to open despite the ongoing pandemic
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Lumishore strengthens Dutch presence
Lumishore, the UK-based marine LED lighting specialist, has chosen Totallux to serve as its exclusive superyacht sales agent in Holland and distributor of its leisure marine underwater and above water lighting ranges.
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Former Tesla Europe manager joins Silent-Yachts
Jochen Rudat, Tesla’s former director for Central Europe, has joined the advisory board of solar-electric catamaran producer Silent-Yachts.
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UK boating industry: EU trade deal welcome, but more work to do
While British Marine, the trade body for the UK leisure marine industry, has welcomed the trade deal with the EU, it has warned that more work needs to be done and additional guidance is required from government in order to allow supply chains to operate as seamlessly as possible.
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Two US winter boat shows cancelled, one postponed
The news from US trade association and boat show organiser NMMA comes days after revealing that American powerboat sales increased some 13% in 2020
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Fraser Yachts founder dies
David L Fraser, founder of global yacht brokerage Fraser Yachts, passed away peacefully on Wednesday at the age of 99.
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Lippert names new CIO
Indiana, US-based marine parts and accessories manufacturer Lippert Components Inc (LCI) has named Vince Doepker as chief information officer, charged with leading and sustaining the ongoing transformation of the company’s global information technology division.
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Part 1 | The early years to the Global Financial Crisis
IBI In-Depth: A three-part series tracking the mixed outcomes for investors from the early pioneers of fibre glass production to the latest wave of investment by private equity, wealthy individuals, state-backed Chinese corporations and initial public offerings.
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Lazzarini’s latest yacht design is a “hybrid-hybrid”
The latest concept design from Pierpaolo Lazzarini, founder of the Rome-based Lazzarini Design Studio, could be called a ”hybrid-hybrid” of sorts, as it uses both diesel and solar-power on both water and land.