Latest News – Page 632
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NewsEuropean marine lender, SGB Finance, celebrates 20 years
Co-owned by Groupe Beneteau, SGB Finance has provided more than €2 billion in total financing since 1999
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NewsLarger, more complex yachts fuel “rapid growth” at Dutch firm
De Keizer Marine Engineering, a Dutch integrator of electrotechnical systems on sail and motor yachts, says its 2018 turnover ballooned by 45% to €50m and expects to repeat that in 2018.
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NewsTrade talks dominate American Boating Congress
As a record more than 350 recreational marine industry professionals opened the 2019 American Boating Congress (ABC) in Washington, DC, yesterday, the trade war between the US and China escalated, the stock market tumbled and confusion about who pays tariffs on imported goods reigned.
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NewsGenoa show registration up 26%
Registration for this year’s Genoa International Boat Show is up by 26% compared to the same time last year, according to Italian trade association UCINA, with more than 92% of the 951 exhibitors from the 2018 edition having already identified their display areas and products to be showcased.
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New CEO at Turquoise Yachts
Turkish superyacht builder Turquoise Yachts has been undergoing changes and expansion as part of its strategic plan to increase production and its share of the market as a world-class builder of superyachts. As part of this strategy, Turquoise has constituted a new board of directors and beefed up its management ...
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NewsTwo Oceans Marine to build new SA search and rescue fleet
South African catamaran builder Two Oceans Marine has been contracted to build a new fleet of Search and Rescue vessels for South Africa’s National Sea Rescue Institute.
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NewsRecord attendance for Smoker Craft’s 2019 Vendor Day
Multi-line US boatbuilder Smoker Craft Inc welcomed more than 200 individuals representing 90 of its suppliers to the company’s 2019 Vendor Day, held earlier last week. The large turnout represented a new record attendance for the company’s annual supplier meetings.
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NewsActisense picks up Business Excellence Award
Actisense, the UK-based marine electronics firm, has been named Best Import/Export Company at this year’s Business Excellence Awards held at the Telford International Centre last month.
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NewsHamburg signs up for northern European superyacht route
Hamburg has joined a Dutch superyacht sector drive to craft a northern European superyacht route as an alternative to the well-worn Mediterranean and Caribbean sailing areas. Other northern ports are expected to follow suit.
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Oregon bill creating access permits for non-motorised vessels moves closer to passage
The Oregon Joint Committee on Natural Resources has passed Senate Bill 47, which would create a new access permit for non-motorised vessels that incorporates the State’s aquatic invasive species permit and broadens its use by creating a waterway access fund.
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NewsSolaris Yachts launches new lobster-style yacht series
Italy’s Solaris Yachts has launched a new series of motorcraft called SolarisPower in an initiative that sees Norberto Ferretti, former head of the Ferretti Group, return to the yacht-building market.
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Sea Ray honours dealers
US powerboat builder Sea Ray recently celebrated its 60th anniversary during a marine industry dealer meeting at Horseshoe Bay Resort in Texas.
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NewsAmerican Boating Congress opens today
More than 300 members of the marine industry – from manufacturers to marina operators to standards-setting organisations – descend on Washington, DC today for the American Boating Congress (ABC); three-days of educating Congress about government issues and policies and their impact on the marine industry.
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NewsPositive Q3 for Malibu
Increases in both unit volumes and dollars-per-unit drove strong third-quarter results for Malibu Boats Inc on the strength of a surging US boat market.
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NewsCypriot marina receives Gold Anchor Platinum award
Limassol Marina, the first full-service superyacht marina in Cyprus, has received the prestigious 5 Gold Anchor Platinum Award – the highest distinction for exceptional marinas across the world, providing outstanding customer services and facilities.
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NewsSanlorenzo set to list shares on Italian stock exchange
Sanlorenzo SpA, the world’s third-largest superyacht builder, is about to be listed on the Milan Stock Exchange. Massimo Perotti, Sanlorenzo chairman and majority shareholder, is using 35% of his stake for the listing.
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NewsStrong 2018 for Dutch SY sector
Dutch superyacht yards delivered over €1.5bn worth of 30m-plus yachts to owners last year, with a further 60 superyachts in various stages of construction.
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NewsFoulkes: Brunswick ‘pure play’ strategy in place
Five months into his tenure as CEO of Brunswick Corp, David Foulkes calls it a “privilege to have a job like this.” Admitting that he took over at a time when the marine segments of the business “are literally and figuratively firing on all cylinders,” Foulkes told IBI that the ...
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NewsFraser sells nine yachts in three weeks
Monaco-based Fraser Yachts, part of Italy’s Azimut-Benetti Group, has announced the sale of nine yachts in just three weeks.
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NewsMasterCraft reports strong Q3 results
MasterCraft Boat Holdings Inc delivered strong third quarter results with total net sales of US$128.4m, reflecting a near 37% year-over-year gain against sales of $93.8m reported for the prior-year period.
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