Sector News – Page 447
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NewsMETSTRADE 2019 – Day 1
IBI is reporting live from this year’s METSTRADE Show in Amsterdam. METSTRADE is the world’s largest trade exhibition of equipment, materials and systems for the international leisure marine industry. It is organised by RAI Amsterdam in association with ICOMIA (International Council of Marine Industry Associations). Day 1 of the METSTRADE ...
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Canadian city approves C$2m overrun for floating dock system
Faced with spending C$2m more than planned for a floating dock system or a 42% reduction in available boat slips, the city of Windsor, Ontario has opted to stick with the original plan of adding an additional 12 berths to its Lakeview Park Marina.
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NewsGold Anchor scheme enters US market
A new collaboration agreement signed between the Marina Industries Association of Australia (MIA) and the US west coast-based Marine Recreation Association (MRA) means that the internationally-recognised 5 Gold Anchors quality accreditation scheme has entered the US market. This transaction opens the door for the scheme to the world’s largest marina ...
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NewsLippert continues on acquisition path
American component supplier Lippert Components has acquired electric-powered Bimini specialist, PWR-ARM, one of many acquisitions in the marine equipment segment which the company has targeted for diversification
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NewsJames Watt Dock Marina reports strong growth in SY visits
Growing number of superyacht visits year-on-year
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USCG Illegal charter crackdown continues
The United States Coast Guard’s (USCG) focus on illegal charter operations continues in full force with the latest unlawful operator nabbed in Key West, Florida, just off the community’s legendary Mallory Square. The operator faces fines on up to US$39,936.
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NewsUS powerboat registrations on par with last year
New US powerboat registrations through September show retail sales down just under 1% on a rolling 12-month year-over-year basis and up 5% on a rolling three-month year-over-year basis, bringing retail units “back on par with last year”, according to the National Marine Manufacturers Association (NMMA).
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NewsNew SA builder takes aim at US market
An American businessman and a veteran South African boatbuilder have teamed up to buy the assets of Knysna-based Harvey Yachts, with a view to entrenching themselves in the global high-performance catamaran market.
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NewsBenetti sells five yachts valued at around €100m
In the space of a recent few weeks, Benetti has secured contracts for five superyachts ranging from 38m (125ft) to 50m (164ft), with deliveries due between 2020 and 2022. Benetti told IBI that the buyers are spread across five continents and that MarineMax was not involved in any of ...
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NewsGreek builder to provide limousine tender for major SY project
Greek boatbuilder Onda Tenders has announced the sale of another custom 321L limousine tender designed in collaboration with the Scandinavian studio Mannerfelt Design Team.
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NewsYamaha Motor’s share price jumps 13% on Q3 results
Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results
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NewsShowtime with IBI
With just a few days to go, IBI is gearing up to what promises to be the biggest and best METSTRADE yet – rest assured IBI has it covered
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NewsNetherlands steps up Dutch flag marketing
The Netherlands is stepping up marketing of its registry of sea-going vessels and superyachts to generate more work for the Dutch maritime sector. It has launched a website – www.nlflag.nl – with details on vessel registration and certification, manning requirements and Dutch shipping and tax policies.
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NewsFairline expands dealer network
The UK’s Fairline Yachts has added Bush & Noble International Yacht Brokerage in Spain to its dealer network. A Dubai-headquartered operation with offices across the Middle East, Europe and the UK, Bush & Noble will trade as Fairline Southern Spain.
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NewsManagement changes at Turkish marina operator
Setur Marinas, Turkey’s leading marina operator with a portfolio of 10 facilities across the country, has made three executive appointments.
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NewsUK firm signs EchoPilot distributor deal
Marine Components International (MCI) in the UK has been chosen by Denmark’s Daniamant to distribute its British-designed EchoPilot forward-looking 3D sonar systems (FLS 3D).
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NewsMesse Frankfurt rebrands Cape Town show
Messe Frankfurt has rebranded the Cape Town International Boat Show, which from next year will be known as Boatica Cape Town. Show organisers are aiming to bolster show attendance to over 10,000 on the back of a recently enlarged show footprint featuring more exhibitors, luxury yachts, and interactive activities.
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Osculati reports strong 2019 results
Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...
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NewsOver 100 superyachts expected to visit Australia in 2020
Following the promotion of Australia and the South Pacific region at the Monaco and Ft Lauderdale shows, Superyacht Australia is anticipating that over 100 superyachts will visit the country next year. The America’s Cup races being held in Auckland, New Zealand in 2021 is a factor in this increase.
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NewsACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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