Sector News – Page 436
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NewsTaiga Motors appoints global superyacht dealer
Taiga Motors, the Canadian snowmobile manufacturer that recently entered the electric watercraft market when it launched its Orca PWC in September last year, has chosen Superyacht Tenders and Toys (SYTT) in the UK to serve as its global dealer.
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NewsFischer Panda UK hosts first partner training event
Around 25 representatives attended a recent session in Verwood
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NewsInvincible launches new cat, branding campaign as it enters international waters
With the Miami International Boat Show (MIBS) right in its backyard, Invincible Boats – maker of monohull and catamaran open fisherman-style offshore boats since 2006 – announced a new model and a new branding campaign as the company begins international operations as part of an aggressive growth campaign.
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NewsTorqeedo links with ZF to develop next-generation sailing yacht systems
Torqeedo recently announced a number of new partnerships including one with ZF which is set to take electric yachting to a new level. This new relationship plans to deliver next-generation sailing yacht systems: powerful, silent, steerable electric sail-drives and clean energy independence for yachts. It is anticipated that new products ...
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NewsUkrainian government backs building of largest marina in the country
Ukranian President Vladimir Zelensky has supported the implementation of one of the most ambitious projects in the history of Ukraine’s leisure marine sector – the building of a new yachting complex and marina in Yuzhne, a port city on the Ukranian Black Sea coast.
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NewsMarquis Yachts in for the long haul; sale imminent
CEO Rob Parmentier: A deal could come as early as this week or next
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NewsCase against Tectrax struck out in High Court
Sealegs International and its parent, Future Mobility Systems, have withdrawn their High Court claim against fellow New Zealand-based company Tectrax for alleged infringement of copyright in the unique arrangement of features in the Sealegs amphibious system.
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NewsGrand Banks reports 10-year high for order book
Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...
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NewsRiviera signs on record number of apprentices for 2020
Boatbuilder welcomes 80 budding boatbuilders to its annual training program
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NewsIn difficult times, Belgian boating sector shows its can-do
The annual Belgian Boat Show in Ghent is roaring back There are no more boatbuilders in Belgium. Belgian boaters are greying, hurting sales and marinas. But the Belgian sector is making good tracks in undoing the damage of changing market conditions. The annual Belgian Boat Show in ...
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NewsIsraeli berthing system provider links with TransEurope Marinas
Pick a Pier to provide technological solutions to facilitate TransEurope’s sizeable membership service
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NewsM/Y Luna free to leave Dubai?
The UAE-based English language newspaper Gulf News has reported that the $450m megayacht Luna, part of London’s largest divorce case, may finally be allowed to set sail from a Dubai port. The Gulf News article states: “The 115m (380ft) M/Y Luna has been holed up in Dubai while lawyers for ...
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NewsSeakeeper launches smallest stabiliser yet
Seakeeper made waves on the opening day of the Miami International Boat Show (MIBS) yesterday with the launch of its all-new Seakeeper 1 gyro stabiliser aimed at boats from 20ft-30ft.
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NewsScenic Group launches new superyacht cruise venture
Scenic Group, the Australian cruise ship group, is expanding its portfolio of activities with the new Emerald Yacht Cruises venture. Set up as a division of Scenic’s Emerald River Cruises arm, the new venture will start operations next year with the 110m (360ft), 100 guest-vessel, Emerald Azzurra, currently in build ...
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NewsSanlorenzo’s 2019 preliminary results show 39% growth in revenues
Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m
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NewsChinese companies struggle to meet commitments
Many marine companies in China are still unable to recommence production after the extended three-week New Year shut down.
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NewsBorrow A Boat pursues third crowdfunding round
The UK-based Borrow A Boat company, which aims to be the Airbnb of the boating world, is currently undertaking a third round of crowdfunding to raise a target of £1.5m. Requests to invest led to this round, rather than doing a private shareholder fundraising round with support of venture capital ...
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News1st Australia Thailand Rendezvous a success
The inaugural Australia Thailand Rendezvous, sponsored by Benetti Yachts, took place at Phuket Yacht Haven Marina in Thailand last week. Organised by Superyacht Australia, the event attracted 14 vessels with captains and crew and provided an update on what is happening in the Australian superyacht industry along with the benefits ...
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NewsMercury Marine’s technology, product mix unveiled in Miami
Attending his first Miami International Boat Show (MIBS) as Mercury Marine president is “a little bit intimidating,” admits Chris Drees, who took the helm at the company following two years of more than 150 engine model introductions, but he doesn’t feel any pressure.
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NewsMarine sales outpace consolidated results at Yamaha Motor
Japan’s Yamaha Motor reported a dip in 2019 sales, offset by 2% growth in the company’s Marine business which accounts for 21% of annual revenues
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