Latest News – Page 690
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Ft Lauderdale poised to approve US$25m marina project
The Ft Lauderdale, Florida, city commission last week approved zoning amendments that clear the way for a vote of final approval for a US$25m mixed-use marina project, which is scheduled for 20 November.
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Plastics sector strike hits SA builder
A strike in South Africa’s plastics sector threatens to negatively impact local boatbuilding yards, with one prominent builder already affected in Durban.
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New initiatives offer India’s leisure marine sector a more positive future
India has always been looked upon as holding a sizeable recreational marine market potential, but somehow it has never made much progress. New initiatives under the current government could prove to be the catalyst that will change that.
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MasterCraft reports strong Q1 sales
MasterCraft Boat Holdings reported first-quarter net sales were up 44% to US$93.6m from the prior year. Gross profits increased nearly 28% and net income was up just over 20%.
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USA Pavilion set to take METSTRADE by force
The 31st annual METSTRADE Show opens next week in Amsterdam amid a booming US recreational boating market and global trade wars, but it will be “business as usual” among exhibitors at the National Marine Manufacturer’s Association (NMMA) USA Pavilion.
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MasterCraft parent company changes name
MCBC Holdings Inc – the parent company of MasterCraft, NauticStar and Crest Marine – has changed its corporate name to MasterCraft Boat Holdings Inc, effective immediately.
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Fairline MD to step down
Russell Currie is stepping down from his role as managing director of UK boatbuilder Fairline Yachts after three years at the helm. He will be replaced by David Tydeman, Fairline’s executive chairman.
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Renewal of 'civil' fleet by Russian Ministry of Defence could provide boost to SY builders
The planned renewal of its ’civil’ fleet - leisure boats of around 100ft used by senior commanders - could also provide opportunites for Western yards
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Poland’s new regulation to cap yacht registration fees
Draft order to reduce rate for owners of larger vessels
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YachtAid Global executive director resigns
After a year of volunteer service as executive director of superyacht aid organisation YachtAid Global, Tim Forderer has resigned from his post.
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First Maldives marina to open early in 2019
The Maldives is readily known for its beauty and considerable potential as a superyacht cruising area, but while it has a number boat and yacht mooring locations, the country is still without a proper marina. This is set to change over the next couple of years with a new 30-berth ...
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Yacht owner, captain guilty in illegal charter leading to passenger’s death
A yacht owner and the unlicensed captain he hired for his illegal charter operation have both pleaded guilty to charges resulting from the death of a passenger last April.
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Massachusetts Marine Trade Association receives US$100,000 toward workforce development
The Massachusetts Marine Trades Association (MMTA) has been awarded $100,000 from the State of Massachusetts to support workforce development and career technical education in the marine trades.
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Japan’s boating industry vies for younger participants
Like its counterparts in the US and Europe, Japan’s recreational boating industry is trying to attract young people and women into the sport by focusing on services and events that focus on experiences rather than goods, like boat sharing.
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Australian marina development moving ahead
Water-based development and harbour dredging are currently underway for the first phase of a proposed 318-slip, state-of-the-art marina facility being constructed at Burnett Heads on Australia’s Coral Coast.
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Sunseeker brothers receive Outstanding Achievement award
The brothers behind UK boatbuilder Sunseeker International picked up an Outstanding Achievement award at the 2018 Luxury Briefing Awards in London this week. Robert and John Braithwaite were recognised for a combined career spanning more than 100 years.
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CRN unveils new series of explorer yachts
Italian shipyard CRN has unveiled the AlfaRosso concept, a new series of explorer yachts designed by Francesco Paszkowski Design. The yachts will be available in three lengths – 45m, 50m and 55m – with a gross tonnage from 499GT for the 45m model.
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Countdown begins to what is set to be the biggest METSTRADE ever
As the largest B2B event for the leisure marine sector prepares to open its doors in Amsterdam next week, the 31st METSTRADE Show is set to be the largest and most inspirational to date.
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1st Asia Powerboat Championship to take place in Hong Kong
The high-speed sport of powerboat racing is having its first Asian championship in Hong Kong tomorrow. Organised by the Asia Powerboat Association led by Martin Lai, Jacky Kong and Mark Tribe from Asia Powerboat Development Ltd, the 1st Asia Powerboat Championship will be held from November 9-11 in Tolo Harbour, ...