Latest News – Page 694
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News
Dutch motoryacht producer updates range
Linssen Yachts in the Netherlands has overhauled its full range of motoryachts, adding features such as solar panels, electric sun roofs, new flexible tops and sliding wheelhouse doors for single-handed docking.
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NewsSanlorenzo in expansion mode
To reach 60 years is an achievement for any business in the yacht market, but to do so in the manner of Italian superyacht builder Sanlorenzo sets a challenge for any competitor.
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MarineMax expands in northeast US with marina acquisition
MarineMax has acquired Bay Pointe Marina, a full-service marina located on the Town River in Quincy, Massachusetts, providing the company with an expanded footprint in the northeast United States.
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US marinas evacuated ahead of Hurricane Florence
As Hurricane Florence bears down on the US, marinas along the eastern seaboard are making preparations ahead of the storm, while across the country – and part of the Pacific Ocean – Hawaii is bracing for Tropical Storm Olivia.
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HISWA In-Water Boat Show ends on high
The 2018 HISWA in-Water Boat Show, which ran from September 5-9 in Lelystad in the Netherlands, was a textbook example of how the industry can remain relevant and lure visitors with interesting displays and activities in a compelling setting.
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Beneteau Group unveils new cat brand, launches Leasyboat
It’s been a very good year for the Beneteau Group, according to CEO Hervé Gastinel, who addressed a packed audience this morning at the French builder’s traditional press conference that unofficially opens the Cannes Yachting Festival. “Our growth rate has doubled, illustrating our capacity to take marketshare despite some obstacles,” ...
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MasterCraft parent to purchase Crest Pontoons
Following reports of record earnings for fiscal 2018, MCBC Holdings, the parent company of MasterCraft and NauticStar, has signed a letter of agreement to acquire Crest Marine, a privately-held manufacturer of pontoon boats, for approximately US$80m.
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Peters & May makes key Asia appointment
UK-based yacht transporter Peters & May has appointed Charles Hazet to the role of business development manager for Asia. Hazet brings extensive knowledge and experience from across the yacht industry, with an excellent network of contacts throughout South-East Asia. He will be based in Singapore, at the centre of business ...
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Dominator Yachts expands range
Dominator Yachts, the Liechtenstein-headquartered superyacht brand, is currently working on three new projects to expand its model range and is also enlarging its international office network.
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Compositeworks changes name
Compositeworks, the French refit yard, has changed its name to MB92 La Ciotat following the company’s acquisition last year by the MB92 Group and their subsequent 100% takeover of the Blohm+Voss La Ciotat activities this summer.
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Benetti reshuffles management team
Italy’s Azimut-Benetti Group has announced the internal reorganistaion of Benetti’s top management team.
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MasterCraft parent reports record sales
MCBC Holdings, parent of MasterCraft and NauticStar, has ended its fiscal year with record sales and net income for both the fourth quarter and the year, and will be launching a new boat brand in 2019 in an entirely new category for the company.
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Larnaca marina development plans on track
Recent reports that plans to redevelop Larnaca marina and port were on hold have been rebutted by the Cyprus Transport Ministry. According to Cyprus Property News, the competition process for the upgrade project is back on track and the relevant tender documents have been delivered to potential bidders.
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Lexus concept boat becomes a reality
The “fourth flagship product” from luxury automaker Lexus isn’t a car, it’s a 65ft sport yacht that will be built by the Marquis-Larson Boat Group.
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NewsSting gives exclusive performance at Ferretti Group gathering
Music legend Sting gave an exclusive performance to Ferretti yacht owners and prospective clients at the Yacht Club de Monaco last week. The concert took place during Ferretti’s annual ‘Private Preview’, held each year in the run-up to the Cannes Yachting Festival.
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US boating industry heeds call to arms
Since the onset of trade investigations, tariffs and counter tariffs by the US and its largest trading partners – collectively referred to as the ‘trade war’ – the recreational marine industry has taken a frontline position of unprecedented proportions.
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ACR Electronics upgrades in-house manufacturing
ACR Electronics, the US safety and survival specialist, has announced significant investment in a new Surface Mount Technology (SMT) line at its Florida headquarters.
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NewsNautor’s Swan appoints CEO
Giovanni Pomati has joined Nautor’s Swan of Finland as its new chief executive officer. According to a statement, Pomati’s appointment adds further experience and expertise to the Nautor’s Swan team – notably in executing the company’s strategic vision and guiding its organisation.
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Hong Kong Boating Industry Association reports busy six months
The organising council of the Hong Kong Boating Industry Association (HKBIA) has reported a busy six months over the Hong Kong summer establishing the infrastructure of the new association.
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Southwest Florida’s first ‘smart marina’ to open in spring 2019
Carroll Properties in the US has broken ground on a new state-of-the-art boat storage facility at Gulf Star Marina in Ft Meyers, Florida.
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