Sector News – Page 441
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D-Marin to be acquired by private equity fund
A multimillion-euro deal of undisclosed value has been made by the Luxembourg-headquartered private equity business CVC Partners to buy the D-Marin arm of the Turkish Dogus Group. D-Marin, which is registered in the Netherlands, operates 15 marinas in five Mediterranean and Middle East countries. This transaction will be finalised upon ...
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Arksen launches ‘game changing’ syndicate for sustainable marine travel
Builder announces new Adventure Syndicate offering access to a multi-year cruising program
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Spinlock gains Maritime NZ approval
Spinlock inflatable lifejackets have gained Maritime NZ approval for use on both commercial and recreational vessels in New Zealand.
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MOU signed to initiate marina training in China
A Memorandum of Understanding (MOU) has been signed between the Marina Industries Association (MIA) in Australia and the Chinese Sports Industry Group (CSI) which will result in marina training and accreditation starting in China.
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Italian yard re-enters market with new vision
Italian shipyard Aicon Yachts has re-entered the market with a new semi-custom model, the 20m Aicon 66, due for launch soon.
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RS Electric Boats to unveil “ground-breaking” electric RIB at Düsseldorf
RS Electric Boats, the new sister company to UK sailboat manufacturer RS Sailing, is to launch its new electric RIB at Boot Düsseldorf this weekend.
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Yachting logistics and transport specialists link to offer sailing sector solutions
A new partnership between two leading players in the yacht transport and event logistics areas has been agreed to “provide additional professional transport solutions to the sailing sector”. The two partners are GAC Pindar, the marine leisure, sports and event specialist arm of the GAC Group, and BBC Yacht Transport, ...
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NMMA, Transport Canada reach MOU to streamline boat importation regulations
The National Marine Manufacturers Association (NMMA) has entered into a Memorandum of Understanding (MOU) with the Canadian government which will reduce paperwork for manufacturers exporting boats to Canada.
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US/China trade deal keeps tariffs in place, Senate set to approve USMCA
The US and China are expected to sign a “phase one” trade deal today that would keep tariffs in place on some US$360bn in Chinese goods until after the US presidential election in November, while the United States Senate is expected to approve the US-Mexico-Canada (USMCA) trade pact on Thursday.
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Royal Falcon Fleet plans major expansion of yachting interests
Royal Falcon One’s hull was built at a Vietnamese shipyard Having taken a decade to bring its first superyacht, the Royal Falcon One, to completion, Royal Falcon Fleet has major plans to expand its yachting activities in the future. These plans include more of the 41m Royal ...
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US show producer to host two new events in 2020
Showpiece Shows, a US producer of boat shows and other luxury events, has partnered with Steelpointe Harbor in Connecticut to produce two new shows at Bridgeport Harbor Marina in 2020. The newly built venue is expected to appeal to boating enthusiasts and luxury-focused consumers along Long Island Sound and beyond.
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Turkish yard sells five more superyachts
Turkish motoryacht producer Numarine has announced the sale of five more expedition superyachts from its successful XP Series. The company recently sold four units of the 26XP model (hulls #7, 8, 9 and 10) and one more unit of the 32XP (hull #4).
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US marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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Philippe Briand unveils new ‘zero emissions’ sailing superyacht concept
UK-based naval architect and yacht designer Philippe Briand has unveiled his new sailing superyacht concept, the SY200.
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Oyster Yachts founder to join board
Richard Matthews, founder of the blue-water cruising yacht brand Oyster Yachts, has accepted an invitation from current owner, Richard Hadida, to join the board. In a statement, the UK yacht-builder suggested that this acceptance was “a testament to Matthews’ faith in the future of the company he founded almost 50 ...
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High water, freak storm wreak havoc for Lake Michigan marinas
Already high water and winds from a freak winter storm that caused waves as high as 23ft on Lake Michigan has closed roadways, damaged public and private docking and caused one municipality to dismantle its marina in order to save it.
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Mercury introduces new sterndrive propeller
600HP-Rated CNC Cleaver designed, developed and manufactured by Mercury Racing in-house
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Chinese investors to fund building of 10 marinas in Crimea
Plans part of a wider push to develop boating tourism in region
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Industry leaders advance key European objectives
European Boating Industry President Jean-Pierre Goudant outlines the future direction of EBI’s efforts to position the boating sector at the heart of EU policy making. In conversation with IBI Publisher Nick Hopkinson, Goudant passionatly advocates the need to have a ’seat at the table’ to tackle industry’s future challenges.