Latest News – Page 595
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News
Hugelmeyer takes NMMA helm
In his first official act on his first official day on the job, the new president of the National Marine Manufacturers Association (NMMA) introduced himself to the marine community during the industry breakfast opening the 2019 International BoatBuilders’ Exhibition & Conference (IBEX) in Tampa, Florida this week.
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Porto Montenegro to invest €500m on future development
Porto Montenegro, the Mediterranean’s leading luxury yacht homeport and marina village, is to invest over €500m in further development and new projects on site over the next 10 years. The news was unveiled at a private event at the Monaco Yacht Show last month.
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IBEX Innovation Awards recognise new product ingenuity
Fifteen companies were recognised for new product innovation by the National Marine Manufacturers Association (NMMA) on the opening day of the International BoatBuilders’ Exhibition and Conference (IBEX).
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New Swedish marina to open next year
A new marina is set to open in Skärhamn, on Sweden’s Baltic coast, prior to next year’s boating season.
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New exhibitor areas planned for TIBS 2020
In order to promote the recreational lifestyle and connect with maritime services as a professional trade platform, the 2020 Taiwan International Boat Show (TIBS) in Kaohsiung will showcase not just the latest yachts, but also the recreational boating lifestyle and all the gear needed for a great experience on the ...
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Whale grows Northern European presence
Whale, the UK-based pumps specialist, has chosen Lankhorst Taselaar to serve as its exclusive distributor or Whale Marine products in the Netherlands, Belgium and Germany, effective November 1.
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2019 Genoa show attracts strong crowd
The 2019 Genoa International Boat Show ended its six-day run on September 24 with 188,404 visitors having passed through the gates – up 8% over the 2018 edition. Peak numbers were reached on the Saturday, with 43,000 people in one day alone.
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Norwegian engine distributors merge
Two Norwegian engine distributors, AS Kellox and Loxkel AS, are to merge on January 1, 2020 and form one company under the name Kellox.
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Brunswick Boat Group launches Technology Center
With Florida Governor Rick DeSantis, Congressman Michael Waltz, and a host of local business and government leaders on hand at the Boston Whaler campus in Edgewater, the Brunswick Boat Group opened its 45,000sq ft Technology Center announced in January of this year, as the home to what the company boasts ...
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Patrick Industries acquires GG Schmitt & Sons
Patrick Industries in the US has completed its acquisition of marine OEM supplier GG Schmitt & Sons in a deal characterised as “aligned with our strategic initiatives and capital allocation strategy,” according to a news release from the Indiana-headquartered company.
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Monaco Yacht Show provides encouragement for market future
The 2019 Monaco Yacht Show closed last Saturday on a positive note for the future of the superyacht industry despite world economic and political challenges. The show, which with 600 exhibitors and 125 superyachts of which 42 were new yachts, was the largest to date.
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ICOMIA adds new sustaining members
Two marine paints and coatings specialists, Gruppo Boero and Hempel, have joined the International Council of Marine Industry Associations (ICOMIA) as sustaining members.
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Marine manufacturers look to “monetise” real estate
A growing trend in industrial real estate could be a path to debt relief or a source of quick capital for expansion plans, and is ideally suited to marine manufacturers who stand to benefit, according to commercial real estate brokers in the US.
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Kingship targets inland water marine tourism market in China
Kingship Marine has introduced a new range of aluminium power catamarans designed for the China market with the first boat delivered for use on the Xinfengjiang Reservoir in the south of the country.
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Siren Marine, DealersCircle connect to expand reach of Connect Boat
Siren Marine and DealersCircle have signed and agreement that will make the New Port, Rhode Island provider of Connect Boat telematic technology available through DealersCircle business management platform.
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Gulf Craft adds new 37m Majesty 120 to its superyacht range
Middle East yacht-builder Gulf Craft announced at the 2019 Monaco Yacht Show that a new 37m (121ft) tri-deck Majesty 120 has been added to its superyacht range. The new model was launched by Mohammed Hussein Alshaali, Culf Craft’s executive chairman.
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VBH, Atlas Cybersecurity announce superyacht security partnership
Dutch systems integrator Van Berge Henegouwen and Atlas Cybersecurity of the US have joined forces to ramp up security on superyachts for owners, their families, guests and crew.
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Sunseeker establishes Superyacht Division; confirms £60m funding
At the Monaco Yacht Show, where last year it announced its partnership with ICON Yachts in the Netherlands to build its new 161 flagship, Sunseeker International says it has progressed its superyacht ambitions further by setting up a dedicated Superyacht Division.
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Balk hires COO, ups new-build and bare hull business; triples capacity
Determined to widen its business base, refit specialist Balk Shipyard of the Netherlands is developing spiffy 50m yacht projects, ramping up bare-hull building and tripling construction capacity.
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US powerboat registrations down in July
New powerboat registrations in the US dropped under half a percent through July on a rolling 12-month year-over-year basis and down 2.4% on a rolling three-month year-over-year basis, according to preliminary data from the National Marine Manufacturers Association (NMMA).