All Boat Dealer / brokerage articles – Page 16
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NewsSunseeker’s largest distributor poised for a solid 2021
David Lewis, Managing Director of Sunseeker London Ltd – the largest single distributor network for Sunseeker worldwide - comments on the Group’s 2020 results and outlook for 2021, including yesterday’s cancellation of boot Düsseldorf
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NewsSimpson Marine sees Covid boost as Asian market embraces boating
Simpson Marine reported a busy year in 2020 with substantial growth in all business streams of new yacht sales, brokerage, yacht charter and services. The company sold 112 new and pre-owned yachts, with sales bringing in over $200m. The company reported that… To continue reading, please see the IBI Plus ...
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NewsFraser Yachts founder dies
David L Fraser, founder of global yacht brokerage Fraser Yachts, passed away peacefully on Wednesday at the age of 99.
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NewsBurgess moves from profit to loss
Difficult market conditions caused 24% drop in turnover to £16.63 million for UK yacht brokerage firm
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NewsUK yacht brokerage gets new owner
UK-based yacht dealership and brokerage firm Key Yachting has been taken over by Thinking Space Systems, a technical furniture company owned by Wayne Palmer and Hayley Quinn.
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NewsBoats Group $850 million sale update
New owners of the international online brokerage service believe the boating industry has many unmet needs
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NewsAncasta expands European brokerage network
Ancasta International Boat Sales is expanding its European brokerage network with the opening of new sales offices in La Rochelle, France and Nieuwpoort, Belgium. The two new offices bring Ancasta’s total to 22 locations across the UK and Europe.
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NewsSA Princess distributor appoints new associate, expands footprint
Lindani Mchunu joins Abromowitz Sharp & Associates
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InterviewIBI interview with MarineMax CEO Brett McGill (trailer)
In the latest installment of the IBI Interview, IBI contributor Craig Ritchie speaks with Brett McGill, CEO of mega boat retailer MarineMax about significant shifts emerging out of the Covid-19 crisis and the role technology and digital investments are playing in the company’s business model. In this excerpt, McGill discusses ...
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VideoIBI speaks with MarineMax CEO Brett McGill
IBI contributor Craig Ritchie speaks with Brett McGill, CEO of America’s largest boat retailer about how the company’s digital strategy and investments over the past ten year have paid off during the Covid crisis, the significant shift in consumer appetite to get out on the water, and some of the ...
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NewsRecord Q3 revenues for MarineMax
Clearwater, Florida-based boat and yacht retailer MarineMax reported record revenues for its third quarter of 2020, fuelled by a 37% year-over-year bump in same-store sales. For the quarter ended June 20, 2020, the company reported revenues of US$498.3m, marking a 30% year-over-year increase from the $383.4m in revenues earned during ...
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NewsGreat Lakes broker and marina operator expands US coverage with Florida-based acquisition
Detroit-headquartered KAM Yacht Sales has significantly expanded its US activities with the acquisition of Luke Brown Yachts in Ft Lauderdale, Florida. Kam Yacht Sales is part of KAM Marine Ventures LLC, which is a division of Lormax Stern, a real estate, investment and management group.
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NewsAustralian broker faces charges in multimillion-dollar fraudulent boat sales scheme
Benjamin Eustice faces 17 fraud charges for his alleged role in alleged dealings ‘masterminded’ by his father, Andrew Eustice. Australian police allege Benjamin Eustice, a salesman for Platinum Boat Sales, took multiple deposits for boats and, unknown to the owners, sold the vessels. The matter was set down for a ...
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NewsLengers Yachts delivers new 38m Sanlorenzo
The sale of Darya, a new Sanlorenzo SD126, was completed in less than 72 hours
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NewsFraser Yachts signs national pact for energy transition with Monaco government
Fraser Yachts has signed the official National Pact for Energy Transition (Pacte National pour la Transition Énergétique) with the Monaco government, making it the first yachting company to do so.
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NewsObituary: Gino Pardo
Gino Matteo Pardo, founder of the Gino Group, one of Turkey’s oldest yacht brokerage, refit and management firms, has passed away at the age of 84.
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NewsAon-Willis Towers Watson merger faces lawsuits
Plans for a takeover deal worth some US$30bn of two major insurance brokerage groups have hit a possible hurdle as at least three shareholder lawsuits have been filed opposing the approach by Aon to acquire Willis Towers Watson. Both businesses are big players in the superyacht insurance market.
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NewsExecutive Yacht sells new Pershing 62 to US owner
M/Y Roxy is hull number 30 of the Pershing 62 series
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NewsFraser CEO sees bright future for superyachts
Raphael Sauleau: “We’re receiving a steady stream of enquiries and inspection requests” Hopeful, yet confident. That is how Fraser Yachts CEO Raphael Sauleau feels as the world begins coming out from under COVID-19 restrictions. Sauleau describes a 2020 that began very strongly for the 75-year-old brokerage, management ...
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NewsCOVID-19 protection, the latest superyacht ‘must-have’
In a circular about the sale of the 43m (141ft) expedition superyacht Marcato from Globe Regal Yachting, an emphasis was placed on its air-treatment system and anti-COVID-19 protection.
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