Sector News – Page 450
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NewsExecutive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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NewsNew SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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NewsMarquis unveils revamped line, Lexus LY 650 at FLIBS
The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.
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NewsBeneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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NewsEcoworks Marine enters US market
Ecoworks Marine, a UK manufacturer of environmentally friendly cleaning products for boats and yachts, has chosen Pragati Yacht Services to distribute its brand on the US market.
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NewsX-Yachts buys Swedish powerboat builder
Danish sailboat producer X-Yachts has entered the powerboat market with the acquisition of HOC Yachts in Sweden.
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New marina planned for German island
With plans to overhaul the marine infrastructure of Germany’s Heligoland island in the North Sea, local authorities are planning to build a new marina with more berthing capacity than the existing marina which currently accommodates around 120 boats.
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Maskinfabriken appoints European sales rep
Swedish steel specialist Maskinfabriken G-C AB has chosen IMDS to represent sales of its G-C Boathandling Systems product range in Europe. IMDS will be responsible for facilitating the sale and engineering support of the product portfolio into new customers in the European market.
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NewsAsia-Pacific Boating magazine to close this month
Asia-Pacific Boating magazine, one of the main dedicated publications for the marine leisure industry in Asia, is to cease publication at the end of this month with the closure of Blu Inc Media, the Hong Kong-based publisher of the title. Blu Inc Media is a subsidiary of Singapore-based SPH Group ...
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NewsSwedish equipment maker Dometic reports a 2% rise in Q3 revenues
Dometic President and CEO Juan Vargues presented a confident picture of the company’s prospects amidst a ‘challenging global trading environment’ and affirmed plans for further acquisitions and significant restructuring
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NewsBertram to expand into outboard sportfish products
US boatbuilder Bertram Yachts today announced that it is planning to expand its range of offshore fishing boats to include a comprehensive line-up of outboard-powered products.
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NewsDuarry appoints UK distributor
Marine Components International (MCI) has signed an exclusive contract to distribute the latest range of Duarry liferafts for the yacht and motorboat sectors in the UK. The deal will be officially launched at the upcoming METSTRADE Show in Amsterdam.
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NewsABYC announces dates for 2020 Standards Week
The American Boat and Yacht Council (ABYC) has announced its 11th annual ABYC Standards Week will take place from January 6-10, 2020 in New Orleans, Louisiana.
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NewsRecord turnout for 21st Biograd Boat Show
Perfect weather helped boost attendance levels at this year’s Biograd Boat Show, which ran from October 17-20 in Biograd, Croatia.
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NewsGreek government to convert small harbours into marinas
The Ministry of Tourism in Greece and Minister Harry Theoharis recently decided to investigate a plan to develop the country’s peripheral marinas, especially those on some of the smaller islands.
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NewsBrunswick’s Q3 net sales down 5.7%
US-based Brunswick Corporation reported financial results through the end of September showing anticipated declines in top-line revenues, but exceeding earnings expectations
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NewsShortlist announced for IBI-METSTRADE Boat Builder Awards for Business Achievement 2019
A total of 36 companies from 15 countries have been named as potential winners for this year’s Boat Builder Awards for Business Achievement 2019, in association with Raymarine.
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NewsDelayed Tampa Boat Show opens Friday
Delayed by more than a month under threat from Hurricane Dorian, the Tampa Boat Show opens officially on Friday, following a “VIP Sneak Preview” on Thursday evening.
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NewsIreland Afloat buys Glasgow-based Yachting Life
The Irish online yachting news outlet, Afloat.ie, has recently acquired Scottish boating magazine Yachting Life, the future of which was in doubt following the takeover of the company by a large international publishing group headquartered in Germany.
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Marseille eyes new marina for 2024 Olympics
The municipal authorities of Marseille are deliberating on a project worth around €25m (US$27.5m) to build a new marina for the Olympic Games that are scheduled to take place in France in five years.
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