All articles by Tony Esposito – Page 60
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US regional boat shows: On again, off again
2021 viewed as a transition year; events that go ahead see success but dealers everywhere are struggling with inventory issues
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US America’s Cup team will continue following capsize, Team NZ to assist
A dramatic, high-speed capsize and near swamping in preliminary America’s Cup racing has left US challenger Patriot damaged, with team America’s Magic vowing a return to the competition, and Team New Zealand vowing to help make sure that happens. Patriot has a huge hole in the hull to be fixed ...
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Marina resort planned for downtown Stuart, Florida
The proposed Sportfish Marina Resort would be located on the St Lucie river
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Derecktor’s US$6.5m megayacht lift takes shape over Port of Ft Pierce
Derecktor Ft Pierce shipyard in Florida is hoping for a May completion of its US$6.5m, 700-tonne megayacht lift – what it’s calling the world’s largest – currently arriving in pieces from the manufacturer in Italy. That would mark the one-year anniversary of the New York-based company’s US$37m, 30-year contract to ...
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Miami boat show organisers unveil new ‘boating lifestyle event’ concept for 2022
Show orgnanisers Informa and NMMA have announced plans to transform MIBS into a boating event quite like no other
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Marine industry gives verdict on consolidation of Miami shows management
Partnership between NMMA and Informa met with enthusiasm as industry eyes showcase 2022 event
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Correct Craft announces major expansion plans to meet demand
Correct Craft is bursting at the production capacity seams and has announced major expansion and relocation plans for four of its brands. Nautique Boats will be moving its upholstery, machine shop, marketing services, final detail, and shipping departments into a new, 300,000sq ft facility recently purchased across the street from ...
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Sensible Yacht Cordage changes hands
Sensible Yacht Cordage, founded in 2017 at Jamestown, Rhode Island, has been purchased by Jonathan Thurston from his neighbour, company founder Jan Trousilek. The latter was injured in a sailing accident and could no longer operate the business, and the new owner was forced to retire from construction work following ...
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Organisers partner on Miami and other US boat shows; MIBS to relocate
Top US boat show organisers – the National Marine Manuracturers Association (NMMA) and Informa Markets – have agreed to partner on the three boat and yacht shows which take place at the same time in Miami in February, along with the three largest shows on Florida’s West Coast; Next year’s ...
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Boatim carries 2020 momentum into new year
The global online boat marketplace expects 2021 to be an even more exciting year
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Catching up with the America’s Cup: yacht traffic, revenue off; copyright claim filed over broadcast technology
Around 100 yachts have cancelled plans to attend this year’s America’s Cup in New Zealand
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Caterpillar Marine’s new Triple Turbo diesel takes performance to another level
Caterpillar Marine will release its C32B Triple Turbo 2433 metric horsepower (MHP) high-performance diesel engine late this year, targeting sportfishing, governmental and yachting repower markets.
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Two Florida shows to go ahead this week
The Stuart Boat Show and St Petersburg Power and Sailboat Show are both set to open despite the ongoing pandemic
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European marine insurance broker acquires rival
Goldman Sachs-backed chartered insurance broker Aston Lark has purchased rival Lloyd’s broker CRS Yachts.
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Two US winter boat shows cancelled, one postponed
The news from US trade association and boat show organiser NMMA comes days after revealing that American powerboat sales increased some 13% in 2020
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Lazzarini’s latest yacht design is a “hybrid-hybrid”
The latest concept design from Pierpaolo Lazzarini, founder of the Rome-based Lazzarini Design Studio, could be called a ”hybrid-hybrid” of sorts, as it uses both diesel and solar-power on both water and land.
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Kyron Design makes superyacht debut
Kyron Design has submitted its first entry to yachting with a 230ft expedition superyacht.
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Consolidation in the electric boat market as Pure Watercraft buys pontoon maker
The US boatbuilder and inventor of a plug-and-play, drop-in electric outboard motor system has acquired ELUX Marine for an undisclosed sum
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Malibu acquires Maverick for strategic, complementary hull and price point expansion
Malibu Boats has acquired the four brands of the Maverick Boat Group, expanding production capacity and distribution potential in what the parent company is calling a “strategic transaction that complements Pursuit and expands Malibu’s saltwater outboard offerings in boat type and price point.” Maverick, and its founder Scott Deal, are ...
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Kiwi amphibious builder faces NZ$6.8m damages claim from rivals
After losing a protracted legal battle over copyright infringement, New Zealand amphibious boat builder Sealegs has been slapped with a NZ$6.8m damages claim ”plus a further amount to be quantified for reputational damage” from its two largest rivals. The damage claim stems from Sealegs’ 2016 allegations that Orion Marine and ...