Sector News – Page 460
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NewsBlueWater Chairs appoints new president
Marine seating specialist BlueWater Chairs has named Joe Schwab as its new president. Schwab will be responsible for expanding BlueWater’s growth and success as one of the largest and longest-operating US-based manufacturers of fighting chairs, rocket launchers, helm seats and custom high-end furniture for fishing, cruising and mega yachts.
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NewsDutch SY builder expands capacity, workforce to meet demand for bigger yachts
Dutch superyacht builder Heesen Yachts has grown its build capacity by 27% and is increasing its workforce to meet demand.
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NewsBrunswick consolidates brands to form Venture Group
The Brunswick Boat Group announced today that it is combining the Bayliner, Heyday, Quicksilver and Uttern boat brands to form the Venture Group, which will be led by Bayliner president Keith Yunger.
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NewsSunseeker marks production milestone
The UK’s Sunseeker International is celebrating the production of 100 Manhattan 52s today, an important milestone for the company’s fastest-selling model.
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NewsTurkish yard unveils new business model
Turkish superyacht builder Naval Yachts has unveiled a new business model called ‘Completion Projects’.
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NewsBenetti delivers 108m flagship
Benetti Yachts has announced the delivery of FB275, its new 180m flagship gigayacht. Featuring exterior design and décor by the UK’s RWD studio and interiors by Benetti’s in-house design team, it is the longest of three 100m-plus yachts built simultaneously by Benetti at its Italian facilities in Livorno.
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NewsFire breaks out at two Istanbul marinas
At around 6am this morning, fire broke out almost simultaneously at two separate marinas in Istanbul, Turkey – Marinturk, which is located on the Asian side of the city, and Ataköy Marina on the European side.
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NewsCatana expands sales team
French multihull builder the Catana has hired Matija Klemenc as the group’s new regional sales manager for Central European markets and charter clients.
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NewsBrunswick’s 2nd quarter results show a weakening US market
The industry’s global leader posted a solid performance for the first half of 2019, but a slowdown in wholesale shipments reflects concerns about weaker market conditions for the remainder of the year
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NewsItalian SY builder enters refit market
Italy’s Rosetti Superyachts (RSY) is currently engaged in building a 38m (118ft) expedition yacht, which is set for delivery in 2020 in line with the owner’s request. The company, a division of the Rosetti Marino Group, also plans to enter the superyacht refit market, making use of its 180m (591ft) ...
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NewsSydney International Boat Show set for busy time
With just one week to go before the 52nd Sydney International Boat Show (SIBS) opens, the build-up to this – the biggest southern hemisphere marine leisure event – suggests it will be a busy five-day gathering. The IFBSO event, organised by the Boating Industry Association (BIA) and running from August ...
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NewsProtests could derail €30m Spanish marina project
Spain’s United Left (Izquierda Unida), Equo, and Adelante Andalucía parties have declared their opposition to a new marina with at least 500 berths that is to be developed in Motril on the Spanish Mediterranean coast.
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NewsMoonen ‘close to entering new era’ with new investor
Moonen Yachts says it has a new investor to replace Mexican steelmaker Altos Hornos de Mexico (AHMSA), whose financial downfall plunged the Dutch superyacht-maker into bankruptcy on July 11.
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NewsItalian builder grows production
Absolute, the Italian yacht-builder, says it plans to expand production in its current fiscal year ending September 31, 2019 to 85 units compared to around 75 in 2016-17 – an increase of some 13%.
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NewsBrunswick looks to trim US$35m, additional layoffs coming
More layoffs are instore at Brunswick Corp subsidiaries as the company announces plans to produce up to US$35m in “cost reductions”, suggesting details will be delivered during a quarterly earning conference call with stock market analysts on Thursday.
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NewsPolish boatbuilder reports increased exports
Galeon, a prominent exhibitor at the recent Wind & Water boat show in Poland, is reporting strong exports. The news comes not long after Galeon picked up a 2018 IBI-METSTRADE Boat Builder Award in the Innovative Onboard Design Solution category for its 640 Fly and 650 Skydeck models.
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NewsBoat stocks sink amid Wall Street fears
Boating-related stocks took a beating Monday as analysts cut earnings and target estimates on the news of declining US boat sales, showing signs that the marine industry’s eight years of sustained growth could be nearing an end.
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NewsObituary: Ron Allatt
Ron Allatt, co-founder of Australian deck hardware manufacturer Ronstan, passed away peacefully last week with his wife Jan at his side. He was 89.
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NewsLinssen reports strong first-half
Linssen Yachts of the Netherlands says it delivered 87 yachts in the first half of 2019, including its entire fleet of pre-owned vessels. Marketing manager Paul Beelen said the deliveries comprised 61 new and 26 used motoryachts.
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NewsBrazilian builder launches new joystick-controlled yacht
One of Brazil’s biggest boatbuilders has introduced a new flybridge cruiser that it describes as the world’s first leisure boat without a steering wheel.
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