Sector News – Page 464
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Mercury Racing 450R V-8 opens bigger boats to outboard power
Mercury Racing’s new 450R comes to market with the best power-to-weight and torque-to-weight ratios of any outboard engine of 400hp or more, making it a candidate for larger, heavier boats, opening additional markets to the performance division of Mercury Marine, and hastening the transition in the US from sterndrive to ...
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Dutch yard opens Palma de Mallorca service centre
Vitters Shipyard, the Dutch maker of 30m-plus custom sailing yachts, has opened a service facility in Palma de Mallorca.
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Two Oceans Marine launches SA’s biggest-ever composite catamaran
Two Oceans Marine Manufacturing has launched South Africa’s biggest composite and leisure catamaran, the company announced on Tuesday.
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Singapore Yacht Show announces change in dates for 2020
Next year’s 10th edition of the Singapore Yacht Show (SYS) will see a significant change of timing, moving from its traditional April slot to March 19-22, 2020 – creating a cluster of Asian boat shows in the space of two weeks.
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Ferretti Group consolidates superyacht new building in Ancona
The expansion of the Ferretti Group into the superyacht sector, now encompassing four out of its eight brands, is clearly focused on Ancona. The group has already invested in excess of €32m on reshaping the yard to cope with the increased workload generated through the creation of the Ferretti Group’s ...
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Massachusetts marinas fined for Clean Water Act violations
The US Environmental Protection Agency (EPA) has cited six Massachusetts marinas for violations of the Clean Water Act, ordering five to pay fines.
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UK yards join forces to offer new repair option
SMS (Southampton Marine Services) and the Fairline-owned Hythe Shipyard in the UK have linked to offer a package of marine repair, maintenance and refit services for yachts and commercial vessels. Both shipyards, based on Southampton Water or adjacent to, will work together in sharing facilities and skills to secure new ...
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Dutch inboard electric motor manufacturer appoints UK distributor
Water World Electronics, a Dutch manufacturer of electric inboard motors, has appointed Energy Solutions as its exclusive UK distributor.
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Asia’s first international charter show to be held in November
The Thai Yachting Business Association (TYBA) has announced that the first Thailand Charter Week will be held at Phuket Yacht Haven Thailand from November 16-21, 2019.
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VSY launches M/Y Atomic
VSY (Viareggio Superyachts) launched its new 64m Espen Oeino-designed motoryacht in Livorno, Italy this week.
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Green light for new Greek marina
Approval involving a concession agreement to build a new marina on the Dodecanese island of Leros in Greece has recently been given by the Greek tourism minister, Thanasis Theocharopoulos.
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Four companies vie for St Petersburg marina contract
Four companies have submitted proposals to renovate and operate the 50-year old St Petersburg, Florida, Municipal Marina, after an unsolicited proposal in April triggered a formal request for proposals from the city.
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Southern Marinas nets two new Florida properties
Southern Marinas Holdings, a new partnership between 70-year-old Palm Beach, Florida-based Southern Marinas and a New York investment firm, completed the purchase of two Florida properties in May.
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Evinrude expands E-TEC G2 outboard range
New three-cylinder 115 H.O., 140hp and 150hp models extend G2 range into ’core of the market’
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Marathon Boat Group appoints new director of operations
As part of its ongoing rebuilding strategy following its acquisition by new owners last month, Marathon Boat Group (MBG) has announced that former Champion Boats COO David Porthouse has joined the company as its new director of operations.
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Lewmar Marine to be acquired by Lippert Components for £33m
UK equipment maker will be LCI’s sixth purchase in the marine sector marking the company’s continued expansion into the global boating business
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Trump defends Chinese tariffs
President Donald Trump continues sabre rattling on the trade war front, threatening more tariffs on China while defending the tariffs his administration has put into place globally, while the Chinese are allegedly avoiding tariffs on some goods by way of Vietnam.
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Princess MD steps down
Chris Gates, managing director of the UK’s Princess Yachts, has stepped down from his role after more than 30 years at the helm. Gates will transition to a role as special advisor to executive chairman Antony Sheriff.
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New Zealand drops daily anchorage fee
Auckland Council has dropped a proposed daily anchoring fee that would have seen superyachts and other foreign-flagged vessels of over 40m billed each time they anchored within Auckland’s navigable waters. Industry association NZ Marine worked closely with the Council to ensure the tax was dropped.
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Balance Catamarans expands range
Balance Catamarans has added yet another catamaran model to its expanded range, this time a scaled-down version of the Balance 526, the company announced on Monday.