All articles by Subscriber-only – Page 248
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NewsCyber security top of the agenda for superyacht market
The increase in cyber security attacks – not only over past years but especially through the Covid-19 pandemic – means that protection against this threat is now ’top of the agenda’ for the operators and managers of superyachts. London, UK-headquartered Lloyd’s Register (LR), one of the world’s largest classification societies ...
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NewsSuzuki’s Thai factory produces one-millionth outboard
The plant manufactures 12 models of four-stroke outboards from 2.5hp-30hp
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NewsThailand to remain closed to general tourism until at least the second quarter of 2021
It will be March 2021 at the earliest until there is any semblance of general tourism to Thailand, according to the Thai Minster for Sports and Tourism, Pipat Ratchakitprakan. The minister’s outlook wipes out any hope of any tourism resurgence for the 2020/2021 high season. The Thai Hotel Association and ...
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VideoFuture outlook for the industry – what can we can expect from 2021?
Top industry personnel join Ed Slack in discussing what 2021 could hold for the boat business
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NewsYARE virtual meeting predicts positive Covid-19 outcome for superyacht market
Vincenzo Poerio, YARE president and CEO of Tankoa Yachts While the annual YARE (Yacht Refit and Aftersales Experience) event was forced to go virtual for its 10th edition this year, the clear message was a strongly positive one. In his opening comments, Vincenzo Poerio, YARE president and ...
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NewsCanadian government proposes licensing changes for boats, boaters
Transport Canada soliciting industry comment on proposed licensing amendments and fees for both pleasure boats and pleasure boaters
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NewsKorean Air to sell yacht marina for US$117m
A Korean investment group has signed a memorandum of understanding to acquire Wangsan Leisure Development, operator of Wangsan Marina, from Korean Air Lines for approximately US$117m. Consus Asset Management and Mirae Asset Daewoo announced the memorandum on Monday, as Korea Air Lines moves to divest assets as part of its ...
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VideoIBI speaks with management team at Fairline Yachts
IBI Editor Ed Slack speaks with Fairline Yachts; Peter McNulty, Chief Operating Officer, and Jason Carley, Chairman in the UK about the boating market, the builder’s strategy during the pandemic and upcoming plans.
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NewsPatrick Industries adds Taco Metals to the fold
US-based component manufacturer Patrick Industries announced it has completed the acquisition of US-based Taco Metals, the second acquisition in two weeks and sixth this year
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NewsPoland invests in new marinas
The municipality of Puck in northwest Poland has secured around PLN 7.4m (US$2m) from the regional authorities to co-finance its PLN 31m (US$8.2m) project to build a new marina on the shores of the Baltic Sea. The facility will increase Puck’s berthing capacity by some 100 craft, with construction work ...
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NewsHill Robinson Group expands with rebranding and management appointments
Moravia Yachting relaunched to offer retail charter and brokerage services
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NewsVolvo confirms electric push
Volvo Penta’s Heléne Mellquist: “We will perform by improving our current portfolio, based on current customer and market needs” In line with the Volvo Group’s new ambitions, Volvo Penta has accelerated its sustainability aims. The Volvo Group recently announced its plans to be a net-zero emissions company ...
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NewsAdvice forthcoming about rule changes due to Brexit
Guidance on yacht transporting and trading from British Marine and Peters & May
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NewsThe Boat of the Future - with IBI news at the Balearic Yacht Show 2020
How will connectivity and the need for greater functionality onboard impact the future of production boats? Garmin’s Jarrod Seymour, Axopar’s Jan-Erik Viitala and designer Tony Castro share their views with IBI’s Ed Slack
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NewsCanary Islands opposition calls for community to accelerate €8.5m marina project
Opposition politicians want regional authorities to take over marina investment
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News2021 Helsinki Boat Show rescheduled to 2022
The 2021 Helsinki International Boat Show (Vene 21 Båt) has been rescheduled to 2022 on account of the ongoing coronavirus pandemic.
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NewsMDL Marinas to invest £60m over next decade on improvements
The investment will be spent on upgrading facilities, new marina hardware and the provision of services
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NewsGulf Craft launches "world’s largest" composite yacht
Delivery of the Majesty 175 is scheduled for March 2021 Gulf Craft, the Middle East’s largest yacht and boat builder, has launched the Majesty 175 – the world’s largest composite megayacht currently in production, the yard claims. Gulf Craft chairman Mohammed Hussein Alshaali told IBI’s Middle East ...
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NewsChanges in ownership group of Fountaine-Pajot and Dufour
Compagnie du Catamaran, the controlling holding company of the Fountaine-Pajot group and Dufour Yachts, has announced a change in its shareholding. The investor Next Stage, a minority shareholder in the La Rochelle-based shipyard, is being replaced by private equity investor Arkéa Capital, which intends to work alongside members of the ...
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NewsFlorida marine industry sees one of its own elected to State House
The voice of the recreational marine industry in the Florida House of Representatives just got louder with the election of a local boat club executive, who ran on a platform of clean water, climate-related sea level issues and infrastructure, beating out three experienced political opponents by – in keeping with ...
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