Sector News – Page 461
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NewsSunseeker reports solid growth in profitability
The UK’s Sunseeker International has reported substantial growth in gross margins and retained profit for the year ended December 31, 2018.
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NewsGreen light for Suntex marina redevelopment
Suntex Marina Investors in the US today announced that the Fort Lauderdale City Commission has voted unanimously to approve plans for the renovation of Las Olas Marina.
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NewsPorto Montenegro names new tenants
Porto Montenegro has announced that Monte Carlo Yachts, Beneteau and Sunreef Yachts opened offices at its marina this summer, strengthening its position as one of the Mediterranean’s leading luxury yacht homeports and marina villages.
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NewsLeading boatbuilders to benefit from large-scale charter fleet order
The Moorings, Sunsail and Footloose have announced a $130m investment in new charter products by parent company Travelopia Yachts. Jenneau, Beneteau, Lagoon and Robertson & Caine are among the brands which will be receiving orders according to the charter operator
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NewsLengers reports two superyacht sales
Dutch brokerage Lengers Yachts has announced the sale of another Sanlorenzo ‘crossover’ yacht, the SX88, and a 134ft semi-displacement yacht from Lürssen.
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NewsCorporate changes at two UK yacht builders
Corporate changes to the ownership structures at both Fairline Yachts and Princes Yachts have recently been made known through filing to Companies House, the UK business register.
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NewsMasterCraft redesigns entry-level product line
MasterCraft Boats is revamping its entry-level NXT product line for the 2020 model year to “deliver a more athletic and refined look with an all-new interior, exterior, and even more performance,” according to a company news release.
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NewsEP Barrus expands Marine Leisure Division
EP Barrus Ltd, the UK-based engine importer and distributor, has appointed Matt Dayman to the newly created role of application and technical support engineer for the Marine Leisure Division.
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NewsLinssen to build 10 more craft for French charter firm
Linssen Yachts of the Netherlands will build another 10 self-drive rental craft for France’s Locaboat Holidays. Since late 2017, it has already delivered 28 steel Pénichette Evolution motoryachts, which it has jointly developed with Locaboat.
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NewsFire destroys Key West Boats facility, production uninterrupted
It took two local fire departments an hour to bring under control a fire that destroyed the Tooling Shop and damaged an administrative building at Key West Boats in Dorchester County, South Carolina over the weekend.
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NewsPalumbo issues ISA Classic build update
The construction of the 65m new-build ISA Classic by Palumbo Superyachts Ancona was rolled out of its welding shed and moved to the outfitting shed this week.
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NewsDelays to hurricane repairs hurting Florida economy three years later
Jacksonville, Florida’s Fernandia Harbor Marina sits nearly empty and awaiting completion of some US$10m in repairs needed following Hurricane Matthew’s 2016 destruction, and the local economy has been feeling the effects.
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NewsSanlorenzo Americas names new CEO
Marco Segato has been appointed CEO of Sanlorenzo Americas, the division that has aided in the Italian superyacht-builder’s expansion in North, Central and South America for the last 10 years.
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NewsEagleTree Capital acquires Invincible Boat Company
New York-based private equity firm EagleTree Capital has acquired a majority stake in Invincible Boat Compan
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NewsABYC inaugural educator training conference next week
The American Boat and Yacht Council (ABYC) will host its inaugural Marine Service Technology Educator Training Conference from July 23-25 at the Hornor Maritime Center in Annapolis, Maryland.
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NewsCox Powertrain expands technical leadership team
Cox Powertrain in the UK has announced new management appointments to further strengthen its technical leadership team ahead of production of the new CXO300 diesel outboard, which is set to commence this year.
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NewsZeelander Yachts unveils new DutchCraft brand
Zeelander Yachts of the Netherlands has launched a new brand called DutchCraft. The first model in the series, the DutchCraft 56, will have its global debut at the Cannes Yachting Festival in September.
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News2019 Brisbane Boat Show approaches
The 2019 Brisbane Boat Show is returning to the Brisbane Convention & Exhibition Centre this year from August 23-25. The three-day event is one of the largest recreational boat shows in Queensland, Australia, covering more than 20,000sq m of floor space across four halls at the South Bank venue.
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NewsFerretti Group expands in Vietnam
Italy’s Ferretti Group has expanded its presence in the Asian market by announcing a new dealership agreement with Vietnam-based Luxury Yacht Limited (LuxYacht). LuxYacht will exclusively represent the Ferretti Yachts, Pershing and Riva brands.
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NewsNMMA honours Bob’s Machine Shop with Global Star export award
Recognising members who exemplify export success through a demonstrated commitment to exporting, the National Marine Manufacturers Association (NMMA) in the US has named Bob’s Machine Shop as a 2019 Global Star export honoree.
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