Latest News – Page 570
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NewsEU revises financial status of key yachting markets
In financial deliberations of the past few days, the EU has revised the status of two key yachting countries in terms of financial listings. The two states involved are the Cayman Islands and the Marshall Islands, both of which are leading flag registration countries for superyachts. In respect of the ...
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NewsAncasta named one of UK’s fastest-growing private exporters
The UK-based international boat sales firm ranked 53rd in the annual Sunday Times HSBC list
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NewsAlbin Pump Marine expands distribution network
Albin Pump Marine, the Swedish pump manufacturer, has appointed Lankhorst Taselaar as its new distributor for the Benelux and Germany. The agreement was signed at the recent Düsseldorf Boat Show.
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NewsEU warns Malta over incorrect VAT on yacht leases
The European Commission has sent an additional letter of formal notice to Malta whose authorities it accuses of not levying the correct amount of the value-added tax (VAT) on the lease of yachts. Brussels claims that Valetta failed to properly modify its tax system in response to earlier requests by ...
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NewsNumarine introduces its smallest expedition yacht to date
The new 22XP is a response to client demand for compact explorer vessels
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NewsAustin Parker unveils new Fulvio De Simoni yacht line
The new range offers innovative and functional design solutions
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NewsSeaStar/Dometic integration nearly complete, poised for international growth
The two-year-old acquisition of SeaStar Solutions by Swedish ’mobile living’ supply giant Dometic has nearly fully integrated the two companies, and its leadership introduced new products, branding and aggressive growth plans targeting US$1bn in marine sales at the recent Miami International Boat Show (MIBS). ‘SeaStar by Dometic’ will build on ...
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NewsUK marine electronics specialist sold
UK-based marine electronics services specialist, Charity Taylor, has been acquired by Aage Hempel Group, one of the largest marine electronics groups in Europe, and a subsidiary of Grupo Arbulu. Aage Hempel also has a dedicated division within its operations which comprise 120 office worldwide.
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NewsStrong finish to 2019 leaves US registrations flat
A strong sales finish in Q4 saw US powerboat registrations up to close the year nearly even with 2018, according to data released by the National Marine Manufacturers Association (NMMA). Fourth-quarter 2019 sales were up 4% on a rolling three-month year-over-year basis and ended the year down 1% on a ...
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NewsMETSTRADE show director steps down
Having organised the most successful METSTRADE Show to date last November, Irene Dros is stepping down as director of METSTRADE at RAI Amsterdam in order to seek new challenges.
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NewsSpanish refit yard joins IGY Superyacht Vessel Support Network
Astilleros de Mallorca will serve IGY customers cruising in the Mediterranean
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NewsDP World to be taken private after Nasdaq Dubai delisting
DP World, parent company of DP World Marinas, P&O Marinas, Dubai Maritime City and Al Jaddaf, is to be taken private after delisting from the Nasdaq Dubai stock exchange. This is effectively a deal within the Dubai state-owned corporate holdings as Port & Free Zone World, the parent of DP ...
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NewsWilliams Jet Tenders makes key promotion
Williams Jet Tenders in the UK has promoted long-serving team member Dan Bloice-Smith to the role of development director. In his new position, Bloice-Smith will oversee the development of all new products for Williams, as well as the ongoing evolution of the existing range.
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NewsThe future is here: Nautique charges forward with award-winning, all-electric tow sport boat
The Nautique GS22E The first all-electric boat capable of delivering a “normal watersports use experience” was introduced to the Miami International Boat Show (MIBS) last week by Nautique Boats, and not surprisingly, was named a National Marine Manufacturers Association (NMMA) Innovation Award winner for Electrical Propulsion. The ...
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NewsJonathan Timianko | PierShare
Market Disrupter: US start-up PierShare is bringing the Airbnb concept to boat docks. An empty dock at the end of his parent’s new Floridian home got city worker Jonathan Timianko thinking there had to be a smart way of making the asset pay for dock owner and boater alike…
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NewsTokio Marine Holdings completes Pure Group acquisition
The acquisition of Privilege Underwriters Inc and its subsidiaries, which are collectively known as the Pure Group, has recently been completed by Tokio Marine Holdings, the leading international insurance business. Tokio paid $3.1bn to buy the Pure Group.
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NewsTaiga Motors appoints global superyacht dealer
Taiga Motors, the Canadian snowmobile manufacturer that recently entered the electric watercraft market when it launched its Orca PWC in September last year, has chosen Superyacht Tenders and Toys (SYTT) in the UK to serve as its global dealer.
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NewsFischer Panda UK hosts first partner training event
Around 25 representatives attended a recent session in Verwood
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NewsInvincible launches new cat, branding campaign as it enters international waters
With the Miami International Boat Show (MIBS) right in its backyard, Invincible Boats – maker of monohull and catamaran open fisherman-style offshore boats since 2006 – announced a new model and a new branding campaign as the company begins international operations as part of an aggressive growth campaign.
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NewsStrong turnout for 2020 Helsinki show
This year’s Helsinki International Boat Show (Vene 20 Båt) saw an 8.7% increase in visitor attendance compared to last year’s edition – the largest growth percentage in the 18-year history of the show. Almost 70,900 people visited the event, which ran from February 7-16 at Messukeskus Helsinki, Finland.
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