Sector News – Page 448
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Balance Catamarans reports orders boost for new 482 model
Newly-launched Balance Catamarans Cape Town had confirmed five orders for the new Balance 482 on the back of a successful Annapolis show.
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Axopar looks to major expansion over next two years
Launch of new Axopar 37 at Boot Düsseldorf to play a key role
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MJM Yachts makes US$12m investment in North Carolina
MJM Yachts, the Boston, Massachusetts-based builder of “eco-friendly motoryachts”, is creating a new shipyard in Washington, North Carolina with a US$12m investment and the promise of creating more than 200 jobs over the next five years.
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3rd International Superyacht Summit to be held in Dubai
Under the patronage of Dubai Ports World subsidiary P&O Marinas, the third edition of the International Superyacht Summit is to take place in Dubai next year from March 11-12.
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Strong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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Two global firms win La Ciotat shiplift design-build contract
La Ciotat Shipyards in the South of France has awarded the design-build contract for a new 4,300-tonne shiplift to a partnership between French company Matière and US-based Bardex Corp.
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Mechanical Products appoints new sales rep
Mechanical Products Company (MP), the US-based circuit breaker specialist, has added IMDS to its team of sales representatives.
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No London Yacht Show until at least 2021
There will be no London Yacht Show in 2020. This was confirmed to IBI by Andrew Williams, president, Maritime for Informa, the owner and organiser of the event following its takeover of the former London On-Water Show in 2018. Informa is also the owner and organiser of other leading yacht ...
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Maldives Marine Expo 2020 gets new dates, location
Since it started in 2014, the annually-held Maldives Marine Expo (MME) has made consistent progress each year and this is planned to continue for the 6th edition in 2020 when it is hoped to find a new location that will allow the on-water show and the exhibitor stands to all ...
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Double-digit sales success for Maritimo at FLIBS
Australian yacht-builder Maritimo has reported double-digit sales at this year’s Ft Lauderdale International Boat Show (FLIBS), resulting in a strong end to a year in which the brand set out to strengthen its presence in the US market.
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Maltese marina expansion project halted amid residents’ protests
The Authority for Transport in Malta has released a planning application indicating plans to expand the marina in Kalkara from 21,000sq m to as much as 35,000sq m. However, shortly after the plan was made public, local residents have forced the authorities to assure them that the marina will not ...
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Lignia Wood Co joins Water Revolution Foundation as corporate partner
Lignia Wood Company, a British timber modification business whose Lignia Yacht range is a real-wood alternative to Burmese teak, has joined the Water Revolution Foundation as a corporate partner.
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Weatherford Capital makes third multimillion-dollar investment in Safe Harbor
Safe Harbor Marinas has received a US$41m infusion of cash from Weatherford Capital, the third multimillion-dollar investment from the Tampa, Florida-based private equity firm since 2017.
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AB Inflatables unveils new Jet Tenders at FLIBS
Yacht tender and RIB producer AB Inflatables officially launched two new AB Jet Tenders at the 2019 Fort Lauderdale International Boat Show (FLIBS).
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Entry deadline set for Minneapolis Boat Show Innovation Awards
Exhibitors have until 20 December to submit entries for the 2020 Minneapolis Boat Show Innovation Awards. The awards will be presented during the Sneak Peek Evening on Wednesday 22 January in the show’s lifestyle feature booth.
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2019 Scottish Boat Show described as “roaring success”
The 2019 Scottish Boat Show (SBS 2019) was described as “a roaring success” by a number of exhibitors. The event, the largest of its kind in Scotland and the second largest show in the UK, was attended by more than 13,000 people over its three days – a small increase ...
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Malibu Boats releases strong Q1 results
US-based boatbuilder Malibu Boats Inc reported strong first quarter results today, noting year-over-year gains in sales, profits and net income.
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UK yard appoints refit sales manager
Fox’s Marina & Boatyard in the UK has appointed Roger Goldsmith to the newly created role of refit sales manager.
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Nominations open for Alan J Freedman Award
The National Marine Manufacturers Association (NMMA) in the US has opened the nomination process for the 2020 Alan J Freedman Memorial Leadership Award, recognising individuals who have made outstanding contributions to the marine accessories industry.