Sector News – Page 431
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Hallberg Rassy invests in capacity, eyes new models
CEO speaks to IBI about the company’s growth plans
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New CEO for Myers Industries
American plastics manufacturer Myers Industries, parent company to the Scepter and Ameri-Kart fuel tank brands, has announced that Michael McGaugh has been named president and CEO, effective April 6, 2020.
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Queensland government to trial Brisbane SY mooring
A dedicated superyacht mooring buoy will be installed at Kangaroo Point for 12 months
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Marinas remain open amid coronavirus fears – for now
The coronavirus pandemic has already taken a toll on the cruise industry, especially in the Caribbean where several destinations have placed a ban on all cruise ship calls for the remainder of the season. But superyacht marinas remain open and welcoming – with some cautions.
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Canada passes USMCA trade agreement into law
The Canadian government passed legislation on Friday ratifying the new US-Mexico-Canada Trade Agreement (USMCA) before shutting down until April 20 as a result of the developing Covid-19 coronavirus pandemic.
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Tohatsu Outboards NZ under new ownership
The directors of Tohatsu Outboards NZ Ltd have announced that the business is being sold to their business partner Lakeside Marine NZ Ltd, a subsidiary of Lakeside Marine Pty Sydney.
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Horizon Yachts business update
In light of the rapidly evolving situation surrounding Covid-19, Taiwan’s Horizon Yachts has announced that it is implementing several precautionary measures out of an abundance of caution for clients and employees.
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Minneapolis sportshow cancelled; decision on legislative conference pending
NMMA, the US marine trade association and show producer, announced the cancellation of its Northwest Sportshow in Minneapolis. A final decision on the industry’s annual gathering in Washington DC in May is still pending
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Sanlorenzo confirms 117% profit gain as production continues
The Italian yacht builder reported profits of €27 million for 2019, a backlog of €500 million and says the company is not yet experiencing a material impact on business operations due to COVID-19
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Azimut introduces new measures to cope with COVID-19
Azimut Yachts, part of Italy’s Azimut-Benetti Group, has introduced new measures to cope with the impact of COVID-19 and to align production with slowdowns in the supply chain.
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Gulf Craft names preferred Australian service centre
Gulf Craft, the Middle East’s largest yacht builder, has expanded its global service network by appointing Gold Coast City Marina & Shipyard (GCCM) as its preferred Australian facility. The brand is also looking to continue its global expansion with the appointment of new distributors in more than a dozen identified ...
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Coronavirus marine update | 13 March
Mercury worker tests positive for Covid-19; Update on current Italian marine industry activity; Quebec show cancelled; Clipper Race cancels Qingdao stopover; Superyacht Gathering cancelled
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New Zealand’s Superyacht Gathering cancelled
This year’s event was due to be held in Auckland from March 25-27
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Quebec City show shuts down on opening day
The 2020 Quebec City Boat Show kicked off at noon yesterday only to close its doors and cancel just seven hours later in the wake of an emergency ban on indoor events with more than 250 people imposed by the Quebec provincial government. The popular boat and sports show, hosted ...
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Admiral Powercats to launch new hybrid RIB into recreational market
Cape Town builder Admiral Powercats plans to launch a recreational version of a new generation surf rescue vessel that is being integrated into South Africa’s National Sea Rescue Institute fleet.
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Palm Beach shows postponed
Organizers of the Palm Beach International Boat Show and Superyacht Show Palm Beach, scheduled to run March 26 – 29 have postponed the event indefinitely with no further information available yet.
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Amsterdam Boat Show shuts down on second day
Organisers of the HISWA Amsterdam Boat Show have announced the early closing of the five-day show this afternoon, following guidance from the Dutch government aimed at preventing further spread of the Coronavirus
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Coronavirus marine update
Beneteau releases Covid-19 statement; Warsaw & Prague shows cancelled; Business as usual Down Under
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Sanlorenzo unveils new 44Alloy
Italian superyacht builder Sanlorenzo has unveiled its new 44Alloy, a 44.5m fast displacement superyacht built entirely in aluminium.
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Business as usual Down Under as key shows given green light
While many boat shows and major events around the world are being cancelled or postponed due to the coronavirus, organisers of forthcoming shows in New Zealand and Australia say it is business as usual.