Latest News – Page 589
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Marseille eyes new marina for 2024 Olympics
The municipal authorities of Marseille are deliberating on a project worth around €25m (US$27.5m) to build a new marina for the Olympic Games that are scheduled to take place in France in five years.
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Singapore government moves to take over Keppel and Sembcorp Marine
The Singaporean government is bidding to acquire a controlling stake, using its Temasek Holdings investment arm, in Keppel Corporation – a large, diversified business group with significant marine activities in shipbuilding and the offshore sector. The marine interests include Marina at Keppel Bay, one of Singapore’s key yacht marinas.
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Relatively flat Q3 for Marine Products Corp
Fibreglass boat builder Marine Products Corp (MPC) reported relatively flat sales for the third quarter of 2019, with higher volumes of outboard-powered boats offsetting declines in sales of sterndrive models.
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AkzoNobel reports sunny Q3 results, buys back shares
AkzoNobel, the Dutch paints and performance coatings multinational, reports a 23% rise in Q3 profit lifting it to €300m, up from €243m in the same 2018 period.
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Gianneschi Pumps & Blowers celebrates 50 years
Italy-based Gianneschi Pumps & Blowers hosted a large delegation of international dealers at its facilities in Versilia earlier this month to help celebrate its 50-year anniversary.
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NMMA releases full 2018 Statistical Abstract
The National Marine Manufacturers Association (NMMA) has released its completed 2018 Recreational Boating Statistical Abstract, billing it as the ‘most comprehensive collection of industry data and a trusted source for recreational boating statistics’.
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Strong sales at 2019 Auckland On Water Boat Show
New Zealand’s 21st Auckland On Water Boat Show ran over last weekend (October 3-6) and positive results have the New Zealand marine industry feeling buoyant.
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Tender call for Greek marina concession
Greece’s Hellenic Republic Asset Development Fund (HRADF) today invited invitations from interested parties for a concession of at least 35 years at Itea Marina through an advertisement in The Financial Times. It is the latest move in the country’s privatisation plan for a number of marinas and tourist ports.
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Industry rallies behind 1st Thailand Charter Week
The first Thailand Charter Week is producing strong interest from regional and international companies in the charter and marine tourism sector. The show is anticipated to have a successful first edition at the Phuket Yacht Haven venue, with 22 yachts confirmed so far.
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Polaris Q3 revenues up, but not in marine
Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.
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Obituary: Olaf Theodore Harken
Olaf Harken, co-founder of US deck hardware manufacturer Harken Inc, passed away yesterday in Pewaukee, Wisconsin. He was 80.
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2019 DAME shortlist revealed
The jury of the DAME Design Award 2019 competition has announced that 59 products from a total field of 118 entries spanning 27 countries have been nominated to enter the final rounds of judgement. Each nominated product will be available to view within the special DAME Design Award exhibition at ...
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Grand Banks revenue hits 10-year high
The luxury yacht builder said seven new orders have boosted the Group’s order book to S$52.8m in the first quarter
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MYS end of show report reflects event’s success despite some market weakness
More exhibitors, best display of superyachts and more visitors
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Lippert Components acquires SureShade
US-based parts and accessories manufacturer Lippert Components Inc (LCI) announced late Monday that it has acquired Rodan Enterprises LLC, manufacturer of the SureShade brand of retractable sunscreens.
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Sunseeker confirms sale of first flagship 161 Yacht
Following multiple sales during the recent Monaco Yacht Show, Sunseeker and ICON Yachts today announced the sale of the company’s first 161 Yacht with the client signing a Letter of Intent. The deal was brokered by Sunseeker Monaco, part of the Sunseeker London Group.
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Pacsoft International sold
Jonas Software has acquired marina management software specialists Pacsoft International for an undisclosed sum.
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Aquatic AV expands UK presence
Aquatic AV, a US manufacturer of specialist waterproof AV equipment, has appointed Marathon Leisure as its exclusive distributor in the UK.
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IJC appoints two new members to Lake Ontario-St Lawrence River management board
Bi-national agency regulating Great Lakes water levels adds two new board members to secure broader input toward policy decisions
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Deputy Transport Minister praises Cape Town boatbuilders at CT boat show launch
South Africa’s deputy Transport Minister Dikeledi Magadzi on Friday lauded the country’s boatbuilding sector as an inspiration to other local industrial sectors, particularly in relation to innovation and diversity.