Latest News – Page 561
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News
Davis Instruments appoints global sales rep
Davis Instruments in the US has chosen Brunger Export Inc to serve as its exclusive worldwide international manufacturers sales representative. Brunger will be responsible for accounts outside of the US and Canada.
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NewsSanlorenzo’s 2019 preliminary results show 39% growth in revenues
Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m
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NewsChinese companies struggle to meet commitments
Many marine companies in China are still unable to recommence production after the extended three-week New Year shut down.
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NewsRaymarine in supply deal with Boston Whaler
US fishing boat builder Boston Whaler has announced plans to offer the Raymarine DockSense Alert system as a factory-installed option on select 2021 model-year boats beginning later this year.
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NewsBorrow A Boat pursues third crowdfunding round
The UK-based Borrow A Boat company, which aims to be the Airbnb of the boating world, is currently undertaking a third round of crowdfunding to raise a target of £1.5m. Requests to invest led to this round, rather than doing a private shareholder fundraising round with support of venture capital ...
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News1st Australia Thailand Rendezvous a success
The inaugural Australia Thailand Rendezvous, sponsored by Benetti Yachts, took place at Phuket Yacht Haven Marina in Thailand last week. Organised by Superyacht Australia, the event attracted 14 vessels with captains and crew and provided an update on what is happening in the Australian superyacht industry along with the benefits ...
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NewsGoiot escape hatches recalled
Goiot Systems in France has notified multihull builders Lagoon, Fountaine Pajot, Catana-Bali and Nautitech of a recall campaign concerning its escape hatches delivered prior to September 2018 as well as Goiot safety kits due to a risk of the hatches detaching from their frames, which could affect safety ...
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NewsVancouver show numbers down, but exhibitors happy with sales
In spite of a minor dip in attendance, exhibitors at the 58th annual Vancouver International Boat Show say qualified buyers made for a successful five-day show.
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NewsMercury Marine’s technology, product mix unveiled in Miami
Attending his first Miami International Boat Show (MIBS) as Mercury Marine president is “a little bit intimidating,” admits Chris Drees, who took the helm at the company following two years of more than 150 engine model introductions, but he doesn’t feel any pressure.
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NewsMarine sales outpace consolidated results at Yamaha Motor
Japan’s Yamaha Motor reported a dip in 2019 sales, offset by 2% growth in the company’s Marine business which accounts for 21% of annual revenues
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NewsTaiwan show postponed
As the full effects of the coronavirus becomes apparent, another boat show due to be held in South East Asia has been postponed. The organisers of Taiwan International Boat Show (TIBS), which would have been held from 12-15 March in Kaohsiung, have announced that it has been postponed and that ...
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NewsNorwegian builder invests in Lithuanian facilities
Marex is expanding its foreign presence amid rising sales
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NewsNew investment at Latvian yacht port completed
A major investment programme to upgrade the facilities at Ventspils Yacht Port in Latvia has recently been completed. The programme included the reconstruction of a 110m (361ft) pier and three new floating berths. The changes mean the port now has berthing capacity for up to 50 boats.
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NewsVolvo Penta begins production of Seven Marine outboards in Tennessee
Volvo Penta has announced the start of production and assembly of Seven Marine outboards at its facility in Lexington, Tennessee. As of January 2020, the entire line-up of Seven Marine engines has been incorporated into the Volvo Penta production process.
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NewsNew York State considers ‘wealth tax’
Face with budget shortfalls and looking to fund an ambitious new program, Democratic lawmakers in New York state are gaining support for tax proposals aimed at its wealthiest residents, which include a rollback of sales tax exemptions on megayachts and private airplanes.
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NewsStrong demand and positive figures at Gothenburg show
Mid-sized, outboard-powered boats from 5m-7m were particularly popular
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NewsBoating world descends on Miami with something for everyone
From the smallest fishing lure to the largest fishing yacht, if it goes on in or around the water, boaters will find it at the Miami International Boat Show (MIBS) and the simultaneous Miami Yacht Show, which runs from February 13-17.
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NewsNew manager for Turkish marina
Ecmel Çakmak named marina manager for D-Marin’s Turgutreis Marina
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NewsSentiment improves among US marine CEOs
America’s National Marine Manufacturers Association announced an increase in Q4 sentiment among marine manufacturer CEOs
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