Latest News – Page 630
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NewsGreece implements new yacht cruising tax
The Greek government has implemented its new cruising tax, also called the TEPAI, which was initially set to be introduced in early April. The news was issued by the UK-based Cruising Association (CA), many of whose members will likely be visiting Greek waters later this year.
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NewsAB Inflatables appoints Caribbean distributor
AB Inflatables has signed an agreement with Outdoor World to distribute its entire RIB portfolio in St Marteen, Antigua, as well as St Lucia and Dominica.nd Dominica.
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NewsTwin Disc opens distribution centre on heels of strong Q3 results
May has proven to be a good month for Wisconsin-based marine power transmission manufacturer Twin Disc Inc, as the company announced the completion of new global distribution centre and plans to expand a second facility on the heels of strong third quarter results.
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NewsSwedish boat dealership expands
Sweden’s Marine Store has expanded with a new 10,000sq m facility located south of Stockholm. The company, which is majority owned by ice hockey legend Peter Forsberg, has been named Yamaha’s Biggest European Dealer-Marine for four years in a row, including two consecutive years as Yamaha Dealer of the Year-Marine ...
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NewsUS drops Section 232 tariffs against Canada, Mexico
Friday afternoon’s announcement that the US government has rescinded its Section 232 tariffs on aluminium and steel imported from Canada and Mexico, and the corresponding removal of Mexican tariffs on US-made boats, are being interpreted as key steps toward ratification of a new free-trade deal to replace the 25-year-old North ...
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NewsQueensland promoted as Australia’s main SY state
On the first day of ASMEX, the Australian Superyacht, Marine Export & Commercial Marine Industry Conference, a clear message was presented to the 150-plus delegates from a dozen countries that Queensland is Australia’s superyacht state.
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NewsVolvo Penta collaborates with French cat builder on electromobility venture
Volvo Penta has announced that it is to collaborate with French boatbuilder Fountaine-Pajot as it prepares to demonstrate its latest prototype electromobility technology.
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IMO rejects ICOMIA’s alternative Tier III emission standard
The International Maritime Organisation (IMO) has rejected a proposal submitted by Turkey and ICOMIA (the International Council of Marine Industry Associations) at last week’s Marine Environment Protection Committee meeting that sought to mitigate the impact caused by the IMO’s new NOx Tier III regulations, says ICOMIA in a statement.
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NewsBrunswick’s Freedom Boat Club purchase to ‘shape the future of boating’
Brunswick Corp’s acquisition late last week of Freedom Boat Club (FBC) was “rooted in foresight and where we believe the consumer is going.”
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NewsKVH sells Videotel division to focus on core initiatives
Middletown, Rhode Island-based KVH Industries Inc has sold its maritime training business known as the Videotel group of companies to an affiliate of Oakley Capital for US$90m in order to focus on core strategic initiatives.
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NewsFirst time’s a charm for ABC attendees
The record number of attendees at last week’s American Boating Congress (ABC) included an historic high of 86 first-time attendees to the event, ranging from industry veterans, advocacy groups like Captains for Clean Water, and even people from outside the boating business.
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NewsTYHA appoints new chairman
The Yacht Harbour Association (TYHA) in the UK has named Colin Watts as its new chairman. Watts takes over from Simon Haigh of Quay Marinas. His appointment coincides with his 20th year as a THYA director.
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MYBA Charter Show breaks new records
The 31st MYBA Charter Show, held earlier this month at Marina Port Vell in Barcelona, appears to have been one of the most successful in the event’s history – if not the most successful. A number of records are reported to have been achieved.
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NewsScape Yachts brings new ‘Sport’ catamaran to market
South African builder Scape Yachts has developed a modified ‘sport’ version of its Scape 39 catamaran, which is nearing completion at its Cape Town yard.
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NewsBrunswick to acquire Freedom Boat Club
Brunswick Corp has acquired Venice, Florida-based Freedom Boat Club as part of its strategy to expand its presence in the emerging and fast-growing boat club segment. Terms of the transaction, which is expected to close in the second quarter of 2019, were not disclosed.
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NewsNMMA names new president
The National Marine Manufacturers Association (NMMA) in the US today announced that Frank Hugelmeyer is to succeed Thom Dammrich later this year as its new president. Dammrich led the NMMA for 20 years and announced his retirement in 2018.
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NewsCNB sailing superyachts to be built at MCY’s Monfalcone plant
Monte Carlo Yachts has announced that its Monfalcone production site in Italy, where the brand’s large motoryachts are built, is to take on production of the CNB Yachts brand’s monohull sailing superyachts from September 2019.
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NewsVitters, Royal Huisman stay the course in a tough market
In the tough and tiny niche of super sailing yachts, Vitters Shipyard and Royal Huisman hold their own, serving younger clients new products and services that are sometimes out of their comfort zones.
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3rd East Mediterranean Superyacht Forum returns to Greece
The 3rd East Mediterranean Superyacht Forum will once again be hosted on May 30 at the Athens Plaza Hotel in Greece, bringing together superyacht industry experts from across Europe and further afield to discuss chartering, marinas, crew and related issues in the eastern Mediterranean and beyond.
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NewsSunseeker 161 Yacht to launch in 2021
The first hull in the Sunseeker 161 Yacht series, built in collaboration with ICON Yachts of the Netherlands, is taking shape and due for launch in 2021. Built at ICON’s Harlingen shipyard, the new flagship vessel will be Sunseeker’s first aluminium-hulled yacht in the all-important 50m sector.
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