Latest News – Page 687
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News
Azimut sells 15 yachts worth US$50m at FLIBS
Italy’s Azimut Yachts says it sold 15 yachts valued at around US$50m at the Ft Lauderdale International Boat Show (FLIBS) last month, cementing its position as the “leading foreign shipyard in the United States”, the company claims.
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Liqui Moly sets new sales record
German oil and additives specialist Liqui Moly reported record turnover of €53.8m for the month of October – the strongest month in the company’s history and 34% more than in October 2017.
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Exports help drive growth at Bob’s Machine Shop
From a sleepy little company with a great reputation for quality products to a growing global concern, Bob’s Machine Shop has more than doubled in size over 15 years, and the export market helped fuel that growth.
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Regal Boats sales manager retires
Jim Krueger was recently honored by Regal Boats with a special award presentation marking his 46 years of continuous service in the marine industry.
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Dutch government teams up with SA boatbuilding initiative
The Dutch government is partnering with the South African boatbuilding sector to support a new umbrella body for the Western Cape, the country’s boatbuilding hub.
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Aiello named MarineMax special projects director
MarineMax has announced that Mike Aiello will be the company’s new national director of special projects.
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New ownership for bankrupt Italian yards
Two Italian yacht-builders that have both been in a bankrupt state have recently been acquired by new owners. The two businesses are Cantieri di Pisa and the Privilege superyacht yard located at Civitavecchia, near Rome. The latter also included an uncompleted shell of the 127m (416ft) Project One.
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Evinrude announces Dealer of the Year award winners
Evinrude has announced the recipients of its Program Year 2018 Dealer of the Year awards, recognising the Evinrude dealer network in the US and Canada for excellence in sales and support.
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Bentz back in the boatbuilding business
Legendary US boat racer, boat designer and boatbuilder Earl Bentz is back in the boat business with a new brand being built at his former factory in Ashland City, Tennessee.
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Seakeeper appoints authorised UK dealer
UK-based equipment supplier Aquamare Marine has become an authorised dealer of Seakeeper’s marine stabilisation systems for vessels ranging from 8m-60m in length.
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Artemis Technologies partners with Cruden to develop “best in class” sailing simulator
Belfast, Northern Ireland-based Artemis Technologies Ltd has partnered with simulator manufacturer Cruden to develop a new fast craft sailing simulator that can be used for analyzing hull designs, developing control systems, and training crews for competitive sailing events.
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LCI president steps down
Lippert Components Inc. (LCI) president Scott Mereness has announced plans to leave the Elkhart, Indiana-based parts and accessory manufacturer in order to pursue new entrepreneurial opportunities.
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Boating e-registry system launches in Greece
As part of Greece’s strategy to expand and better manage its marine tourist sector, the country this week launched a new electronic registration scheme. This scheme has been launched by the Greek Independent Authority for Public Revenue (AADE).
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Piet Brouwer wins Dutch SY contract
Piet Brouwer Electrotechnology in the Netherlands plans to step up collaboration with Royal Huisman after winning a contract to design and install the complete electro-technical system on the Dutch superyacht builder’s 55m motoryacht project Phi.
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IMTRA becomes agent for Libra doors
IMTRA, a US manufacturer and importer of marine products, has been made an agent for the Libra brand of vessel doors, hatches and storage across the US – excluding customers along the Gulf Coast.
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EU investigates tax avoidance in Italian, Isle of Man yacht sectors
The European Commission has announced it is implementing infringement proceedings on tax breaks applied in the yacht and aircraft sectors in Italy and the Isle of Man. The procedure is related to the investigations of last year’s so-called Paradise Papers leaks which revealed widespread value-added tax (VAT) evasion in the ...
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Mondomarine sold
Palumbo Superyachts, the yachting division of Italy’s Palumbo Group, has acquired Italian refit and repair yard Mondomarine for an undisclosed sum.
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Colombian RIB builder in growth mode
Colombia-based RIB manufacturer AB Inflatables presented a 9.5ft aluminium boat, the Alumina 9.5 ALX, at the METSTRADE Show in Amsterdam last week – a perfect example, says sales and marketing manager Jaime Cristancho, of the quality craftsmanship that AB Inflatables is known for abroad.
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CRN sells fully custom 70m steel and aluminium yacht
CRN has announced the sale of a fully custom 70m steel and aluminium yacht, hull number 139.
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Marine Retailers, Grow Boating offer first-time boat buyers’ courses
Grow Boating and the Marine Retailers Association of America (MRAA) are teaming up to educate boat dealers on how to convert first-time boat shoppers to buyers with a three-part online course.