Latest News – Page 612
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Oceanmax reveals global expansion plans
Oceanmax, the New Zealand-based exporter of Propspeed and Lightspeed marine coatings, has announced the next phase of its global expansion plans.
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Yar-Craft updates flagship model
Yar-Craft Boats’ dealers got their first look at the updated 2020 model year 219 TFX during the company’s annual “Excellence in Action” dealer meeting last week, learning why the Yar-Craft flagship model is being called an “unparalleled wave crusher” in marketing materials.
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ACOBAR supports marine tourism initiative in Brazil
The 5th Nautical Congress: Investments in Nautical Tourism will be held in São Paulo, Brazil from September 18-19 during the 2019 São Paulo Boat Show.
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USA Pavilion to debut at Sydney show
The debut of the USA Pavilion at the Sydney International Boat Show (SIBS) is a sellout, with 13 exhibitors, companies and industry stakeholders, according to the National Marine Manufacturers Association (NMMA), which organised the trade mission.
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Australian mother charged with buying “getaway yacht” for son to evade cocaine charges
Four years after millionaire Markis Turner jumped bail to escape charges of importing 71kg of cocaine into Australia and two years after his arrest on those charges, the man’s mother has been charged with the purchase and provisioning of a getaway yacht that allowed her son to flee authorities, leading ...
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BlueWater Chairs appoints new president
Marine seating specialist BlueWater Chairs has named Joe Schwab as its new president. Schwab will be responsible for expanding BlueWater’s growth and success as one of the largest and longest-operating US-based manufacturers of fighting chairs, rocket launchers, helm seats and custom high-end furniture for fishing, cruising and mega yachts.
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New operations manager at Marine Components International
Christopher Hill has joined the UK’s Marine Components International (MCI) as operations manager.
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Dutch SY builder expands capacity, workforce to meet demand for bigger yachts
Dutch superyacht builder Heesen Yachts has grown its build capacity by 27% and is increasing its workforce to meet demand.
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Brunswick consolidates brands to form Venture Group
The Brunswick Boat Group announced today that it is combining the Bayliner, Heyday, Quicksilver and Uttern boat brands to form the Venture Group, which will be led by Bayliner president Keith Yunger.
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Sunseeker marks production milestone
The UK’s Sunseeker International is celebrating the production of 100 Manhattan 52s today, an important milestone for the company’s fastest-selling model.
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Turkish yard unveils new business model
Turkish superyacht builder Naval Yachts has unveiled a new business model called ‘Completion Projects’.
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Benetti delivers 108m flagship
Benetti Yachts has announced the delivery of FB275, its new 180m flagship gigayacht. Featuring exterior design and décor by the UK’s RWD studio and interiors by Benetti’s in-house design team, it is the longest of three 100m-plus yachts built simultaneously by Benetti at its Italian facilities in Livorno.
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Merritt Precision expands operations
Merritt Precisions has acquired five acres of land in Titusville, Florida, and will break ground later this summer on an expansion project that will double capacity of the specialty milling company.
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EU targets illegal tax breaks for yachts in Cyprus and Italy
The European Union Commission (EUC), in its ongoing mission to rid the EU of “unfair tax avoidance practices,” is taking steps to end illegal tax breaks in the yacht industries of Italy and Cyprus.
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FLIR posts strong Q2 results
US-based electronic equipment manufacturer FLIR Systems posted strong 2019 second quarter results this week, highlighted by year-over-year gains in revenues and gross profits.
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Fire breaks out at two Istanbul marinas
At around 6am this morning, fire broke out almost simultaneously at two separate marinas in Istanbul, Turkey – Marinturk, which is located on the Asian side of the city, and Ataköy Marina on the European side.
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Van Cappellen Consultancy forms new division
Van Cappellen Consultancy, a noise and vibration control specialist from the Netherlands, has formed a new division called Van Cappellen Sound Solutions.
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MarineMax Q3 sales up 6%
US dealership chain MarineMax released its 2019 third quarter results on Thursday, marking year-over-year gains in both revenue and net income.
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Catana expands sales team
French multihull builder the Catana has hired Matija Klemenc as the group’s new regional sales manager for Central European markets and charter clients.
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Brunswick’s 2nd quarter results show a weakening US market
The industry’s global leader posted a solid performance for the first half of 2019, but a slowdown in wholesale shipments reflects concerns about weaker market conditions for the remainder of the year