Latest News – Page 648
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NewsNorwegian boat imports continue to grow
The Norwegian market for pleasure boats is back with strong figures, according to trade organisation Norboat.
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NewsSpirit Yachts begins construction of new electric yacht
Launching in 2020, the Spirit 44E will be fully electric with solar panels and no hydrocarbons onboard
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NewsCMP Group CEO announces retirement
British Columbia, Canada-based CMP Group Ltd has announced that CEO John Mitchell will retire next month, concluding a 31-year career as the driving force behind one of the country’s largest marine parts and accessories manufacturing concerns. Mitchell will officially step down on April 15.
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DP World boosts revenues by 20%
DP World, the parent company of P&O Marinas, Dubai Maritime City and Drydocks World, has reported a 20% increase in revenues for the financial year ended December 31, 2018. The acquisition of Dubai Maritime City (DMC), a key facility for yacht repair, maintenance and refit work, along with the purchase ...
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Sales tax could sink Connecticut boating industry
Connecticut Governor Ned Lamont’s proposed 6% sales tax on boats was met by a regatta of boaters and industry professionals sailing into the state capital to inform lawmakers just how devastating the increase could be to the state.
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NewsClubSwan 36 joins Nations Trophy one-design fleet
Finnish yacht-builder Nautor’s Swan has announced that its ClubSwan 36 is to join the one-design fleet competing for the European Championship in this year’s Nations Trophy.
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NewsICOMIA publishes quarterly EU update
ICOMIA, the International Council of Marine Industry Associations, has published its latest quarterly update on EU developments. The report is available to download from the ICOMIA Library and is available to all ICOMIA members.
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NewsLowrance founder dies at age 80
The man credited with creating the first recreational fish-finding sonar, Lowrance Electronics founder Darrell Lowrance, died Saturday at age 80 following a stroke.
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NewsOYS names new project manager
OYS has promoted engineering technician Dan Whitelock to the role of project manager with immediate effect.
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NewsAmer Yachts picks up top design award for 94
Italian builder named among the winners of the International Design Awards
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NewsInternational sail-maker to open new sales location on US northeast coast
International sail-maker North Sails is opening a sales office covering the US northeast coast. The new office, located at Newport Shipyard in Rhode Island, will open on May 1, 2019.
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NewsAbu Dhabi show shortlisted for MESE Award
The Abu Dhabi International Boat Show (ADIBS) has been shortlisted for a Middle East Special Event (MESE) award in the Best Consumer Exhibition category. The winners will be announced during the Middle East Special Event & Exhibition Show at Madinat Jumeriah in Dubai from April 8-9.
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NewsEU adds Bermuda to tax haven blacklist
Bermuda is one of 15 countries that has been blacklisted by the EU for not having proper governance over tax standards. With Bermuda a leading superyacht flag and location for ownership structures, its blacklisting could have a direct impact on the yacht sector. The EU move appears to have come ...
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NewsTohatsu names new distributor for the Benelux
This is the Japanese engine maker’s second recent change in its Europe distribution network
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NewsDiscovery Yachts Group to work with Berthon in Spain
A new partnership has been established between the UK’s Discovery Yachts Group and the Spanish arm of the UK’s Berthon Group. The two companies will work together to deliver sales and service in the Balearic Islands, with Berthon Spain becoming Discovery’s ‘brand ambassador’ for the region.
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NewsIndustry mourns Iconic Marine COO
Joe Curran, the 55-year-old chief operating officer of Iconic Marine Group, died Wednesday from complications of stomach cancer.
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NewsHK industry association celebrates first year
The Hong Kong Boating Industry Association (HKBIA) is now one year old and has firmly established itself as the ‘go to’ organisation for all matters concerning the pleasure boat industry.
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NewsFirst Custom Line 106 touches water
Custom Line, part of Italy’s Ferretti Group, launched its first Custom Line 106’ in Italy last week. The second member of the new planing range by Francesco Paszkowski Design took to the water at Ferretti’s Superyacht Yard in Ancona on Thursday.
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NewsUK boating sector reports seventh consecutive year of growth
New figures from UK industry association British Marine show that the country’s boating sector grew for the seventh consecutive year in 2018, with total revenues up by 1.7% to £3.17bn.
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NewsSA builder adapts cat for users with disabilities
South African catamaran producer Vision Yachts has launched a specially adapted version of its flagship Vision 444
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