Latest News – Page 696
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News
‘Uber for boats’ draws closer look from law enforcement
While not new in Europe or the States, so-called ‘Uber for boats’ is drawing a closer look from law enforcement as it grows in popularity, with the US Coast Guard warning passengers and captains alike that unlike an automobile not just anyone can hire out a boat to take passengers ...
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Scottish Boat Show undergoes layout revamp for 2018 edition
The organisers of the Scottish Boat Show are moving their act up a gear to take account that following the demise of the London Boat Show, it is the UK’s second largest marine leisure event. The three-day free admission event is expecting to attract in excess of 14,000 visitors.
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Croatian marina operator eyes Slovenian acquisition
Croatian marina operator ACI Marinas d.d. is reportedly considering to purchase the Portorož marina in Slovenia as part of its foreign acquisition plans.
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Brunswick, Wells Fargo team to provide Canadian floorplanning
Brunswick Corporation has named Wells Fargo Commercial Distribution Finance (CDF) as the preferred floorplan financing provider for all Brunswick boats and Mercury Marine engines sold to Canadian boat dealers under the private label of Brunswick Commercial Finance (BCF).
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Ukraine looks to develop yachting tourism and infrastructure
The government of Ukraine plans to allocate up to US$250m in the development of yachting tourism and infrastructure in the country, according to the Ukranian Presidential Administration’s press service.
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Survey shows increasing strength of Australian marine sector
The latest survey of the Australian recreational marine industry for 2017/18, commissioned by the Boating Industry Association (BIA), underpins the growing strength of the leisure marine sector in the country. The survey states: “The boating industry has seen steady, healthy growth over the last three years, picking up from a ...
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MCY appoints new dealer
Monte Carlo Yachts (MCY) continues to expand its North American presence with the appointment of Apex Marine as its new dealer for the Miami area.
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US yacht broker makes Inc 5000 list
Annapolis Yacht Sales (AYS) has earned a place on the 2018 Inc magazine 5000 fastest-growing private companies in America, docking at number 4,389 with a reported US$45.2m in revenue last year and 75% growth over a three-year period.
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SUTL Enterprise reports small increase for first half 2018
The owner of the ONE°15 brand, SUTL Enterprise, has reported a small 2% rise in year-on-year revenues for the first half of 2018. The Singapore-listed marina owner, developer and manager saw revenues in the first six months of this year increase to S$15.4m, but net profit for the period fell ...
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Buyer for Bavaria in sight
A new owner for Bavaria Yachtbau looks to be in sight, with reports that a bidder’s binding offer is on the shipyard’s desk with specifics of the sale already having been negotiated.
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Malibu hosts ‘Investor Day’
Malibu Boats will be hosting institutional and individual stockholders for an ‘Investor Day’ open house at various facilities in an around its headquarters community of Loudon, Tennessee.
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![LCP4 Deck Camber Layout[1]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/100x67/3/9/8/3398_lcp4deckcamberlayout1_893889.jpg)
NewsIndustry rallies to avoid ‘workforce crisis’
It’s been billed as a “workforce crisis” by the National Marine Manufacturers Association (NMMA) - the shortage of skilled labour that has become one of the major inhibitors to marine industry growth around the globe.
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US powerboat registrations up in Q2
New powerboat registrations in the US were up 2.3% in June on a rolling 12-month year-over-year basis, according to preliminary data released by the National Marine Manufacturers Association (NMMA).
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Hatteras to relaunch Cabo brand
Hatteras/Cabo Yachts is to relaunch the Cabo fishing boat brand at the Miami International Boat Show next year with the unveiling of the new Cabo 41.
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NewsIsraeli maritime security specialist enters superyacht market
Israeli maritime security specialist, Naval Dome, has expanded into the superyacht market with the installation of its award-winning cyber defence system onboard the 46m (151ft) Baglietto fast superyacht Lucky Me .
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NewsNimbus reports strong growth
After filing for bankruptcy in 2012, Sweden’s Nimbus Boats has made a strong recovery following its acquisition by Swedish investment firm R12 and subsequent management restructure.
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2017 US recreational boating stats released
The final sections of the National Marine Manufacturers Association’s (NMMA) ‘2017 US Recreational Boating Statistical Abstract’ show a slight uptick in boat registrations for 2017 and healthy single-digit sales growth for the industry as a whole.
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UK RIB builder chooses CANtronik displays
Aluminium RIB manufacturer Highfield Boats UK has announced that it is now installing CANtronik displays with their Honda outboard applications.
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Boating ban lifted at Cape Town’s biggest dam after winter deluge
Cape Town’s largest dam has lifted a ban on recreational boating following late winter rains that have brought relief to the drought-stricken Western Cape Province.
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ITC aluminium sheet questionnaires due Friday
Friday 31 August is the deadline for US boatbuilders to file answers to the International Trade Commission’s (ITC) questionnaires for the final phase of its antidumping and countervailing duty investigation of common alloy aluminium sheet from China.
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