Sector News – Page 453
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Cannes show management decision further delayed
The long-running legal dispute between the Fédération des Industries Nautique and show organiser Reed Exhibitions France will not be heard by the Paris Court of Appeals until December 2020
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Jetten Jachtbouw sold
Jetten Jachtbouw of the Netherlands has been sold to MSAR, a Malta-based group of companies owned by Jack Wijnants.
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‘Sustainability’ key focus of Barcelona show
Sustainability in the leisure marine industry is the key focus of the 2019 Barcelona Boat Show, which is now in its 58th edition. The theme is complementary to the show also reflecting the recovery of the boating sector with 7% growth in 2018.
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Trafalgar Shipyard rebrands
The UK’s Trafalgar Shipyard – formerly known as Trafalgar Wharf Shipyard and part of The Trafalgar Group, formerly known as Trafalgar Wharf Group – has undergone a rebranding with a new corporate brand name, new slogan, and a new focus.
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Banten appoints master distributor for UK and Ireland
Banten, the Italian antenna manufacturer, has chosen Marathon Leisure as its master distributor for their leisure, professional and commercial antennas in the UK and Ireland.
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Horizon holds 2nd annual Rendezvous Down Under
Taiwan’s Horizon Yachts held its 2019 Global Horizon Yachts Owner Rendezvous in Australia’s Whitsunday Islands last month.
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US interiors specialist merges with Italian SY yard
Genesis Interiors, a US-based builder and installer of handmade luxury interiors for yachts and private homes, has merged with Italy’s Cantiere Viareggio.
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Ferretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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Princess appoints exclusive NZ distributor
Christchurch-based boat dealership Sports Marine Ltd has secured exclusive distribution of Princess Yachts for the first time into the New Zealand market.
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METSTRADE to host MaterialDistrict Pop-up ‘Circular Beauties’
The Material District Pop-up at this year’s METSTRADE Show in Amsterdam will have the theme of ‘Circular Beauties’. The exhibition is entirely dedicated to materials that are biobased and/or recycled, avoiding the use of non-renewable material sources.
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First Queensland marina awarded Platinum accreditation
Australia’s Coral Sea Marina Resort, formerly known as Abell Point Marina, is Queensland’s first facility to achieve Platinum accreditation. This accreditation, the highest possible, is awarded under the global Gold Anchors Award scheme managed by the Marina Industries Association (MIA), based in Australia, and TYHA (The Yacht Harbour Association) in ...
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Welsh marina group secures funding
The Cardiff, Wales-headquartered marina and boating services group, Marine & Property Group (MPG), has secured funding of £10.4m from the innovative financial services business, ThinCats. The new funding will be used to consolidate some existing loans and support further expansion including acquisitions and enhanced diversification in current activities such as ...
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Port of San Diego drafts illegal charter ordinance
Many major US cities are seeing an increase in illegal charter operations, and the Port of San Diego, California, is releasing a long-awaited draft ordinance that would give the port district oversight of charter vessel operations.
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China battles trade war with large contingent at IBEX
Despite the ongoing trade war between the US and China, a large pavilion of 22 Chinese exhibitors from rope makers to hardware and outboard engine manufacturers were on hand for the International Boatbuilders’ Exhibition (IBEX) in Tampa, Florida this week.
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Baglietto CEO joins SYBAss board
Michele Gavino, CEO of Italian superyacht builder Baglietto, was elected to the board of the Superyacht Builders Association (SYBAss) during its annual general assembly last month. The event was held at the Yacht Club de Monaco on the eve of the Monaco Yacht Show.
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Safe Harbor Marinas acquires Newport Shipyard
Newport Shipyard in Newport, Rhode Island, has been purchased by Safe Harbor Marinas, becoming the 85th property for the Dallas, Texas-based owner operator, which has facilities in 19 states.
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New dates, location for Viareggio show
The organisers of the Versilia Yachting Rendez-vous have announced that next year’s edition will be held from May 28-31, taking up a more strategic position on the calendar of nautical-related events.
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Watski AB forms new wholesale unit
Watski AB, a Swedish company owned by Denmark’s Fritz Schur Group and one of the leading distributors of boating equipment in the country, has split the business and formed a new wholesaler called Nautec. Watski is active on the Scandinavian and German markets.
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Porto Montenegro to invest €500m on future development
Porto Montenegro, the Mediterranean’s leading luxury yacht homeport and marina village, is to invest over €500m in further development and new projects on site over the next 10 years. The news was unveiled at a private event at the Monaco Yacht Show last month.
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IBEX Innovation Awards recognise new product ingenuity
Fifteen companies were recognised for new product innovation by the National Marine Manufacturers Association (NMMA) on the opening day of the International BoatBuilders’ Exhibition and Conference (IBEX).