Sector News – Page 47
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Trump threatens 25% tariffs on imports from Canada, Mexico, 10% tariff on imports from China
US president-elect to impose sweeping tariffs on first day in office to address countries “not doing enough” to stem flow of illegal drugs, migrants into US
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Sunseeker International fined for regulatory non-compliance
UK boatbuilder issues statement clarifying unintended offence
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Candela secures additional $14m in Series C funding
The funds will be used to scale up production at its Stockholm facility
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Taiwan International Boat Show returns after six-year break
More than 50 yachts to be shown at Kaohsiung-based event
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IOC throws weight behind SA boatbuilding-sponsored empowerment programme
The International Olympic Committee has awarded grant funding to the Little Optimist Trust and Sailing Academy
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Millikan Boats to begin production of new solar catamaran
The French builder hopes to deliver its first unit in early 2026
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Action Water Sports buys former Tommy’s location
Michigan-based boat retailer acquires Florida dealership with plans to re-open in 2025
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New CEO for SmartPlug Systems
John Greenwood to succeed retired Tony Barber as president and CEO at US shore power equipment manufacturer
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Quick Group to focus on growth by acquisition, sustainability
The Italian equipment manufacturer emphasised the importance of the US market at its METSTRADE press conference last week
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Executive change at Polaris
PG&A and Aftermarket president Steve Eastman to retire in December; Andy Williams named successor
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Suntex acquires second California marina in three weeks
Peter’s Landing acquisition bolsters marina operator’s presence in western US
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Karnic Powerboats to launch new model at boot Düsseldorf
The Karnic CS10 day cruiser adds cockpit space with two folding wings
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De Valk Yacht Brokers opens second Swedish office
The new location is situated in the heart of Stockholm
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First marina licenses issued by Saudi Red Sea Authority
Al-Ahlam Marine is the recipient of the SRSA’s inaugural marina operators’ licenses
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Abu Dhabi show concludes on positive note with increased exhibitors and boats
The Gulf market continues to thrive and show positive results
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Record-breaking Metstrade builds solid foundation for future expansion
The 36th edition of the world’s leading trade show for leisure marine equipment, systems and materials closed yesterday after recording its highest ever attendance of leading marine professionals from across the globe
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Gulf Craft gives more details on new Ajman yacht refit and services facility
New yard to be partially operational by the end of this year
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French inflatable dinghy maker to launch new model
The first units are to be delivered in June 2025
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New CEO named for Myers Industries
Aaron Schapper to lead US plastics firm as president, chief executive officer and director effective January 1, 2025