Sector News – Page 444
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New X-Yachts owner increases shareholding
After acquiring a 51% stake in X-Yachts through his holding company Consolidated Holding A/S, entrepreneur and businessman Ib Kunøe has bought the remaining shares in the Danish sailing yacht producer.
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Stricter boat safety laws sought after California dive boat charter fire
Members of the California congressional delegation are proposing tougher safety standards for small boats in the wake of a fire aboard a dive boat charter that killed 34 people.
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Philippines upgrades recreational boat records with new registry
A significant upgrade for the marine leisure sector in the Philippines has been initiated with the launch of a new Registry of Recreational Boats by MARINA (the Philippine Maritime Industry Authority). The new system will reduce the licencing time for such craft from around two years to just five days.
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Marine industry welcomes USMCA deal
The agreement reached between Democrats in the US House of Representatives and President Trump regarding the US-Mexico-Canada Trade Agreement (USMCA) is being hailed by the boating industry in the US, calling it a “critical pact that will protect and preserve the industry’s North American trading partnerships.”
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LYBRA launches US version of The Superyacht Show
LYBRA (the Large Yacht Brokers Association), which over the last two years has held a successful Superyacht Show in Barcelona, is expanding to the US with an event to be held in Palm Beach, Florida in late March 2020.
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US marina to be auctioned online
The Marina at American Wharf, located in Norwich Harbor in the US state of Connecticut, is being auctioned online this week by Norwich Community Development Corporation (NCDC) and Tranzon real estate auctioning firm.
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US port receives two management proposals for John Wayne Marina
Two private marina management companies have entered the fray over the embattled John Wayne Marina owned and operated by the Port of Port Angeles, Washington, but “It could be many months, or even years, before we identify what will be the right plan going forward for the marina,” according to ...
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Dutchmen to sell French-made SeaBubbles in four European nations, Dubai
Two Dutch businessmen have acquired the exclusive right to sell and develop SeaBubbles – electric, hydrofoil water taxis and buses – in the Netherlands, Belgium, Germany, Denmark and Dubai.
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Dutch boatbuilder to expand capacity under new ownership
Dutch boatbuilder Moonen Yachts secured new owners in August, and is planning to invest in expanding its production capacities next year, as well as start a number of new projects, senior company representatives told IBI.
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Appointment at Pursuit
Florida-based fibreglass boat builder Pursuit Boats has named Megan Foley Morris as its new marketing manager.
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ICOMIA World Marinas Conference sets course for 2020
Dubai-based P&O Marinas has announced that plans are well in hand for the 2020 World Marinas Conference (WMC). IBI met with P&O Marinas at the company’s new marina in Port Rashid to discuss plans for the event scheduled to take place from October 13-15, 2020.
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Transfluid obtains DNV-GL Type Approval
Transfluid Trasmissioni Industriali, an Italian power transmission manufacturer, says it has recently become the world’s first company to obtain two DNV-GL Type Approvals – one for its complete range of marine parallel hybrid modules and another for its LiFePO4 Battery Banks.
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Lumishore receives DAME Special Mention for second year running
Lumi-Link Wireless, part of the recently launched LUX Lighting Collection by LED lighting specialist Lumishore, received a Special Mention at this year’s DAME Design Award – an honour that was bestowed on the company for the second year running. It was also the 8th time that Lumishore has been nominated ...
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Positive Q4, 2019 FY for Johnson Outdoors
Continued momentum in fishing segment propels 14% sales gain for quarter, full-year revenue gain of 3%
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Sanlorenzo IPO to proceed at £16 per share
Italian yachtbuilder Sanlorenzo confirms the success of its public offer for up to 35% of the company’s share capital
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Torqeedo powers all-electric harbour water clean-up boat
Billed as the world’s most powerful all-electric boat designed for cleaning up pollution in inland waterways and harbours, the Waste Cleaner 66 launches this weekend in Paris
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Charter yacht crash attributed to “drunken sex” between captain, deckhand
A 26-year-old Gold Coast woman working as a deckhand pleaded guilty to negligence in an Australian courtroom this week for her part in a series of collisions which caused more than A$140,000 in damage to the 80ft charter yacht Crystal Blue.
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Marinas, insurers could help identify owners of storm damaged boats
Three months after Hurricane Dorian smashed its way through Grand Bahama and Abaco, the Association of Bahamas Marinas (ABM) is saying it and the insurance industry could help identify owners of derelict boats scattered across both islands.
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Sanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December
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Welsh marina plans unveiled
Two existing Welsh marinas and a potential new one are all undergoing different projects with revitalisation planned for Pwllheli Hafan Marina, expansion at Milford Haven Marina, and a possible new marina project in Barry.