Sector News – Page 467
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Turkish yard begins construction of 32m Project Nozomi II
Turkey’s Alia Yachts has started the construction of Project Nozomi II, a 32.4m sistership to the 30.5m Virgen del Mar VI (formerly Project Nozomi) that was delivered last year.
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Australian MIA to ban single-use plastics at marinas by 2025
The Australian Marinas Industries Association (MIA) has joined the global fight against plastic waste by announcing at its Marinas19 Conference a new policy aimed at eliminating single-use plastics in the country’s marinas. The conference, held every two years, ran from May 27-28 at the Sea World Resort in Southport on ...
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Marathon Boat Group names new sales and marketing head
The new owners of US boatbuilder Marathon Boat Group (MBG) have wasted little time implementing changes to the New York-based company with the announcement that David Hegel has joined the firm as director of sales and marketing.
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Finnish builder expands presence in APAC region
Nautor’s Swan of Finland has expanded its presence in the APAC region with the appointment of Shenzhen Hone Ocean Culture Communication Co Ltd as its new Chinese agent.
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Superyacht My Song falls from cargo ship
It is reported that the 40m sailing superyacht My Song was lost overboard from a cargo ship in the Mediterranean on Saturday night during a storm. The general cargo ship Brattingsborg was transporting the yacht when the incident happened in the Balearic Sea, north of Majorca. The ship was on ...
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Amasea unveils further details of first-ever power cat
Newly launched boatbuilder Amasea Yachts has provided further design details about its first-ever power cat, the 25m Amasea 84.
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UK marine college signs MoU with Korean utilities firm
The UK-based South Devon Marine Academy (SDMA) is continuing to build connections around the world by recently signing a ‘Memorandum of Understanding’ with WaterwayPlus Corp, the national utility company providing water services for South Korea.
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Australian SY Rendezvous highlights future opportunities
The third annual Australian Superyacht Rendezvous (ASYR), held from May 17-18 at Gold Coast City Marina & Shipyard (GCCM), provided a positive insight into what the future opportunities for the superyacht market in Australia hold. ASYR also underlined its position as an established gathering within the Asia Pacific superyacht market ...
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Sanlorenzo launches biggest yacht to date
Italian superyacht builder Sanlorenzo has launched its largest yacht yet – the 64m Sanlorenzo 64Steel Atilla. At 1,600 gross tonnes, a length of 64m, five decks and an internal maximum width of 12.5m, the new flagship offers maximum onboard liveability due to its innovative layout.
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SCIBS 2019 declared best show in event's 31-year history
A number of well-experienced Australian marine industry executives have declared the 2019 Sanctuary Cove International Boat Show (SCIBS) the best in the event’s 31-year-history, with record crowds, good weather and multimillion-dollar sales proving a successful combination.
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US builder turns to solar-powered manufacturing
Scout Boats, a US-based builder of sporfishing boats, has started to generate clean renewable energy to power its manufacturing facility in Summerville, South Carolina.
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Record registration for 2019 Cannes show
The organisers of this year’s Cannes Yachting Festival have announced that exhibitor registration is already 8% up over last year’s figure. According to Reed Expositions, 529 boats over 10m in length will be making an appearance on water, including 119 sailboats and 410 motorboats – 7% more than last year.
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New president named for White River Marine Group
Springfield, Missouri-based White River Marine Group, the marine manufacturing division of retail giant Bass Pro Shops, has confirmed that Zach Kauk will succeed retiring president Les Crawford effective September 1.
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Nor-Tech doubles manufacturing space
A recent 50,000sq ft expansion in manufacturing space has US boatbuilder Nor-Tech looking for a 30% increase in production, and it hopes, corresponding sales. The move is designed to make production more efficient.
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New owners for Marathon Boat Group
US boatbuilder Marathon Boat Group (MBG) has been acquired by Chicago-based private equity firm Altair Investments Inc. Terms of the transaction were not disclosed.
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D-Marin to manage Dubai marinas
D-Marin, one of the biggest marina chains in the Eastern Med, has taken over the management of three marinas – Al Seef, Marasi and Jaddaf Waterfront in Dubai
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Tariffs take toll on US firms
How two very different boating companies are impacted in different ways by the Trump administration’s tariff on Chinese goods
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Bahamas targets US$50m in yacht charter fees
The Bahamian government is focused on improving revenue and is targeting what one official calls the “low hanging fruit” of existing, uncollected revenue sources such as the island nation’s 4% yacht charter fee.
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Beneteau First Yacht 53 to launch at Cannes
After two years of development, the eagerly awaited First Yacht 53 from Beneteau will be shown for the first time at the autumn boat shows in Europe (Cannes, Genoa, Barcelona), and Annapolis in the US.
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US boat trailer manufacturer expands production
Magic Tilt, a US builder of marine trailers, has expanded its production facility in Clearwater, Florida by adding an additional six-bay, 8,000sq ft building for trailer service, set-up and stacking purposes.