Sector News – Page 457
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Grand Banks posts 4th quarter and year-end results
Singapore-based Grand Banks reports lower revenue and profitability for 2019, but remains bullish about 2020 based on a robust order book and four-years of restructuring initiatives
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Work on A$40m Geelong waterfront redevelopment to start
Royal Geelong Yacht Club at centre of major project
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Biograd Boat Show expands to meet demand
An extra exhibition hall has been added to accomodate new Croatian Charter Expo B2B event
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ORR meets cabinet-level officials to discuss impact of outdoor recreation
ORR plans rollout of strategies to recruit next generation of outdoor recreation employees, and meets with staff from the US Trade Representative’s office to reiterate the negative impact of tariffs
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Pressure mounting on Cayman Islands to enact boating regulations
Pressure from assembly could see host of boating regulations passed in 2016 finally enacted into law
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White River Marine Group donates parkland back to City of Lebanon following controversial purchase
US$2.5m land acquisition for plant expansion inadvertently includes city park
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Highfield Boats reports rapid sales growth
RIB manufacturer claims 33% sales growth during first US dealer meeting
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NMMA Canada receives export development funding
7th consecutive year of federal support will assist Canadian companies looking to exhibit at international shows
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Riviera notches up more than 30 orders from two key shows
Company owner thanks workers at special ceremony
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WhisperPower markets ‘twin-power technology’
Manufacturer claims new technology leads to more efficiency, reduced fuel use, less wear, noise and vibration
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Danish RIB manufacturer expands
Tornado RIBs’ move into new premises to boost capacity and eco credentials
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Qatari royal family lose superyachts in massive blaze
Three superyachts, including an 80m Oceanco, believed to have been destroyed
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US-China trade war intensifies
Tariff increases, demands for US manufacturers to leave China cap wild weekend of trade rhetoric
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Dometic receives 2019 Supplier of the Year award
SeaStar Solutions, now part of Dometic Marine, named Diamond Level 2019 Supplier of the Year by the National Marine Distributor Association
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Pendennis takes on major refit project
UK superyacht yard Pendennis welcomed the 59m MY Marala (ex-Gaviota, Zapala, Evadne, No 388) to its Falmouth facilities earlier this month to undergo a comprehensive restoration programme. Over the next 18 months, the Pendennis team will ensure that the yacht retains its original character whilst incorporating modern systems and technology.
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“World’s largest travel lift” given colourful official launch
What is said to be the world’s largest marine travel lift, the 1,120-tonne capacity named ‘Bessy’, was officially launched into service earlier this month at the BSE Maritime Solutions-Cairns Slipway shipyard in Cairns, Australia. The launch combined a dramatic mix of lights, fireworks and music.
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New manufacturer enters US aluminium fishing boat market
A newly-launched US boatbuilder aims to capture a share of the lucrative domestic aluminium fishing boat market.
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Thailand boosts tourism industry to help combat economic woes
Thailand’s economy is experiencing hard times due to the US-China trade sanctions, a drought and a bull market for the Baht. In response, the government has launched a Baht316bn (US$10.3bn) stimulus package specifically focused on tourism and agriculture. Expanding marine tourism is a key element of Thailand’s tourism industry development ...