Latest News – Page 629
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NewsD-Marin to manage Dubai marinas
D-Marin, one of the biggest marina chains in the Eastern Med, has taken over the management of three marinas – Al Seef, Marasi and Jaddaf Waterfront in Dubai
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2018 US boat sales highest in a decade
As the unofficial start of the US boating season gets underway this holiday weekend, the National Marine Manufacturers Association (NMMA) reports that new powerboat sales for 2018 increased 4% over the previous year to 276,000 units, the highest level in 11 years.
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NewsTexas poised to give yacht owners US$2.3m tax break
Calling it “more of a jobs bill” than a tax break, Texas State Senator Larry Taylor’s bill that would cap the amount of sales tax on boats up to 115ft at US$18,750 has moved one step closer to passage, which is expected and could cost the state US$2.3m over two ...
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Ocean Link diversifies yacht-service offerings
Ocean Link Inc, a marine plumbing specialist based in Portsmouth, Rhode Island, has been certified by Germany’s Böning Group to sell, service and install ship automation products for yachts.
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NewsSuperyacht Tenders & Toys opens Monaco division
The UK’s Superyacht Tenders & Toys (SYTT) has launched a watersports toy rental service in the Med. Based in Monaco, the new division was created in response to rising consumer demand. It also offers SYTT a base outside the UK in the midst of uncertainty surrounding Brexit, the company claims.
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NewsAzimut Yachts appoints Australian dealer
Italy’s Azimut-Benetti Group has named d’Albora Marine as its exclusive Azimut dealer for Australia. The brand was previously represented by 5 Star Motor Cruisers.
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NewsTariffs take toll on US firms
How two very different boating companies are impacted in different ways by the Trump administration’s tariff on Chinese goods
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NewsAustralian Marine Industry Awards highlight global success
An inherent element of the annual ASMEX conference is the Australian Marine Industry Awards. Always held at a gala event, the awards reflect the success of the country’s strong marine industry, covering superyachts, marine recreation and commercial marine activities.
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Bahamas targets US$50m in yacht charter fees
The Bahamian government is focused on improving revenue and is targeting what one official calls the “low hanging fruit” of existing, uncollected revenue sources such as the island nation’s 4% yacht charter fee.
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NewsUK timber modification firm grows team
Lignia Wood Company, a UK manufacturer of modified timber for the marine and other markets, has hired Dale Warren, Anthony Carroll and Chris Palmer as purchasing manager, senior technical sales executive and production manager respectively.
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NewsBeneteau First Yacht 53 to launch at Cannes
After two years of development, the eagerly awaited First Yacht 53 from Beneteau will be shown for the first time at the autumn boat shows in Europe (Cannes, Genoa, Barcelona), and Annapolis in the US.
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NewsSuzuki posts strong 2018 marine performance
Global financial results for the 2018 fiscal year released by Suzuki Motor Corp reveal strong performance by its marine division
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NewsUS boat trailer manufacturer expands production
Magic Tilt, a US builder of marine trailers, has expanded its production facility in Clearwater, Florida by adding an additional six-bay, 8,000sq ft building for trailer service, set-up and stacking purposes.
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NewsGreek investment scheme wins Chios Marina concession
Just a few days before the elections in Greece, the national assets management authority awarded the 40-year concession of Chios Marina to Avlum Enterprises Co Ltd – Ioannis Elias D Tefas Nafpigoplastiki – Cleopatra Marina SA – Touristikos Limenas Prevezas SA.
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NewsDutch marine wholesaler reports strong Q1
Allpa Marine Equipment, a Dutch wholesaler with branches in the Netherlands and Germany, has reported an 8% jump in turnover in the first quarter of 2019, with sales benefitting from “nice weather” during the start of the year.
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NewsNew Maltese distributor for Blue Guard
Blue Guard Innovations (BGI) in the US has chosen Camilleri Marine to distribute the company’s products in Malta.
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NewsYacht Sourcing targets Thai market with new appointment
Yacht Sourcing, a full-service yacht provider based in Indonesia, has appointed Nicolas Monges as its general manager in Thailand.
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NewsNautor’s Swan opens new Boatbuilding Technology Center
Nautor’s Swan has opened the doors to its new Boatbuilding Technology Center (BTC) in Pietarsaari, Finland – a major expansion project that started in 2017 with a €10.5m investment on refurbishing its existing building and the implementation of new production facilities totalling 9,935sq m.
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NewsCelsus UK expands sales team
Celsus UK has hired Adrian Gray of Global Distribution Solutions Ltd to help lead the expansion of the Kicker marine audio brand in Europe.
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ASMEX 2019 addresses key issues facing domestic and Asia-Pacific market
A regular subject covered by the ASMEX (Australian Superyacht, Marine Exports & Commercial) conference over its nine editions has been a focus of how to attract more superyachts to Australia and the Asia-Pacific region. The 2019 event has been no different, but in an intense day-and-a-half conference a number of ...
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