Latest News – Page 512
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NewsOXE Marine chooses BMW to power its next generation OXE200 outboard series
Both companies have also agreed to co-brand the OXE300
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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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NewsLa Ciotat Shipyards announces sharp price cuts
New government measures represent a significant financial contribution
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NewsSpecial edition of Boat Builder Awards announced for 2020
IBI and METSTRADE have announced a special one-off edition of the Boat Builder Awards for Business Achievement in 2020. It will acknowledge the challenges, ingenuity and resolve of our industry in the wake of the Covid-19 crisis and accommodate the safety of those attending the final announcements.
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NewsMajor restructure at developers of Oman’s Mina Al Sultan Qaboos Waterfront project
UAE’s Damac bought out of the development
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NewsHorizon power cats increasingly popular
Taiwanese boatbuilder Horizon Yachts continues to see strong sales in its PowerCat models, with three PC60 and two PC52 models currently in build for US clients.
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NewsAustralian marinas experience A$48m revenue drop in March-May period
New research by Australia’s Marina Industries Association (MIA) shows that the country’s marinas suffered a revenue drop of some A$48m over the three-month period March-May 2020. Additionally, the research highlights that marinas in Queensland and Victoria were the hardest hit and that club marinas were the most negatively impacted, followed ...
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NewsMDL Marinas to host new UK boat show
The Ocean Village Boat Show will be held in September at MDL’s flagship marina in Southampton
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NewsLengers named Prestige ‘Dealer of the Year’ for Northern Europe
This is the fifth time the Dutch brokerage has received the accolade
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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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NewsNautor’s Swan establishes new division to manage global customer care
Finnish sailing yacht builder Nautor’s Swan has established a new division, Nautor’s Swan Global Service, to manage and develop its international customer care service. Nautor’s Swan has delivered more than 2,350 yachts since 1966.
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NewsBeneteau unveils new Flyer 9
Beneteau has unveiled the latest addition to its Flyer day-boat range, the 8.27m Flyer 9. Available in either SUNdeck or SPACEdeck variants, the new model builds on the heritage of the Flyer range while also featuring an optimised design that allows for more space and onboard comfort.
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NewsGYG reports record order book and 41.8% revenue growth for 2019
Transformational year provides greater earnings consistency and sustainability
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NewsAkzoNobel: Covid-19 squeezed Q2 earnings, but profitability up
Covid-19 drove down Q2 earnings at AkzoNobel, but the Dutch paints and coating multinational said “a strong focus” on margins and cost savings raised profitability by 14%, up from 13.7% in the same 2019 period. Releasing AkzoNobel’s Q2 results, CEO Thierry Vanlancker said: “Despite lower end market demand, our business ...
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NewsRiviera expands to meet demand
Riviera’s 14-hectare production facility on Australia’s Gold Coast is said to be the largest of its kind in the Southern Hemisphere Australian motoryacht builder Riviera is expanding its 14-hectare production facility to meet international and domestic demand and the company’s growing number of new motoryacht models. The ...
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NewsRescheduled Posidonia 2020 cancelled
Posidonia, one of the world’s largest commercial shipping shows but with a growing yachting element, has been cancelled for 2020 after having been rescheduled from its usual June timing to late October 2020. The next edition of this traditionally biennial event will be held in June 2022.
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NewsFreedom Boat Club of Tampa Bay teams up with Wavve Boating
Marine navigation app offered to all new FBCTB club members
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NewsDometic Q2 sales down 38%
Swedish equipment manufacturer reports hefty declines followed by encouraging trends in “extraordinary” second quarter
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