Latest News – Page 611
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NewsKVH marks strong Q2 results
Maritime VSAT provider KVH Industries Inc released its second quarter results on Friday, marking revenue gains and record product shipments.
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NewsUS manufacturers hope to win over ‘Down Under’
The 52nd edition of the Sydney International Boat Show (SIBS) opened on Thursday with the first-ever USA Pavilion – a block of 15 equipment, component and boat manufacturers exhibiting in a single location as part of the National Marine Manufactures’ Association (NMMA) Export Development Program.
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NewsJoint Cypriot-Israeli venture proposes €1bn marina project for Larnaca
A Cypriot-Israeli joint venture company has submitted a proposal for more than €1bn for the development of the existing marina and port at Larnaca, which it would be the largest investment in Cyprus to date.
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NewsTrump threatens additional 10% tariff on Chinese goods
US President Donald Trump took to Twitter on Thursday afternoon threatening to impose a new 10% tariff on an estimated US$300bn worth of goods imported into the US from China
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NewsBRP’s Telwater acquisition completes the perfect strategic, philosophical marriage
BRP’s purchase of the iconic Australian boat and trailer builder, Telwater, completes what both sides of the transaction look at as “the perfect marriage”.
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NewsSunseeker London delivers three 100ft-plus yachts in July
UK yacht broker Sunseeker London today announced that it delivered three large boats with a retail value of over £50m in the month of July.today announced that delivered three large boats with a retail value of over £50m in the month of July.
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NewsRH Marine installs first Rhodium bridge system on support vessel
RH Marine, the Dutch systems integrator and electrical and automation systems provider, has installed a Rhodium bridge system on Hodor, a 66.2m superyacht support vessel.
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NewsKarpaz Gate Marina retains 5 Gold Anchors
Karpaz Gate Marina in North Cyprus has retained its 5 Gold Anchor award following assessment from The Yacht Harbour Association (TYHA) in the UK.
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NewsThe Boat Works doubles in size
The Boat Works, Australia’s largest shipyard and marina facility, has doubled in size to 54 acres (218,530sq m) and is on track to welcome the first superyachts to its new purpose-built facility by summer 2019.
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NewsGroupe Beneteau offers two new models at Sydney show
Groupe Beneteau chose the Sydney International Boat Show (SIBS) to release two new models of what it calls “crossover” boats designed in large degree to meet the needs of the Asia/Pacific market.
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NewsGarmin reports record Q2 revenues, profits
Marine electronics manufacturer Garmin Ltd. reported record revenues and profits in its second quarter 2019 results, released yesterday.
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NewsIBEX announces 2019 Super Sessions
The organisers of the International BoatBuilders’ Exhibition and Conference (IBEX) have announced a series of Super Sessions and special events, as part of its Education Conference. The Super Sessions are hosted by exhibiting companies and industry associations to offer in-depth training and topic-specific learning. The pre-conference Super Sessions take place ...
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NewsNew €4m marina planned for northern Spain
A new marina is to open in San Vicente de la Barquera on the Spanish Mediterranean coast, thanks to an investment estimated to be worth some €4m (US$4.5m).
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NewsGarmin inks exclusive supply deal with Regulator Marine
Garmin International has signed an exclusive supply agreement with North Carolina-based Regulator Marine that will see Garmin electronics offered as standard equipment on all Regulator boats from 23ft-41ft, including the company’s new 26XO centre console crossover.
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NewsWally teams up with top European resort
Wally, the newly acquired Ferretti Group brand, has teamed up with one of the Mediterranean’s most exclusive party venues – Phi Beach on Sardinia’s Costa Smeralda – by providing a Wallytender to serve as an exclusive concierge boat for the summer season. The Wallytender will transfer VIPs to the club ...
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NewsGreta Thunberg chooses sailing yacht for Atlantic crossing
Climate activist Greta Thunberg will sail from Europe to North America in mid-August to start a “climate tour” of America. The 16-year-old Swede is using the completely emissions-free ocean-going yacht Malizia for this purpose.
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NewsCanadian government implements new legislation to deal with abandoned boats
The Government of Canada is busy this week promoting the official implementation of its new Wrecked, Abandoned or Hazardous Vessels Act, which provides fines of up to C$50,000 for individuals and $250,000 for businesses which are found to be guilty of abandoning boats.
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NewsTurkish builder launches new flagship
Sirena Yachts has launched its new flagship model, the Sirena 88. At 26.8m, it is the largest yacht ever built by the Turkish yard.
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NewsSIBS preview: Sydney show not just about selling boats
Some 60,000 people are expected to visit the Sydney International Boat Show (SIBS) from August 1-5, but with only about 14,000 new boats registered each year in Australia, not a lot of those people are buying boats. But that’s OK, according to Domenic Genua, general manager for marketing and events ...
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NewsUS Coast Guard funding bill includes key boating industry priorities
Last week’s passage of the Coast Guard Authorization Act by the US House of Representatives includes some key provisions sought and support by the marine industry through the National Marine Manufacturers Association (NMMA).
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