Latest News – Page 705
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News
Long-awaited Miami Virginia Key marina project poised for approval
After a year of legislative wrangling, the Miami City Commission is scheduled to vote on two measures this week that will determine the fate of Rickenbacker Marina and Marine Stadium Marina on the city-owned barrier island of Virginia Key.
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Ferretti reports strong financial position, confirms Wally negotiations
A strengthening financial position, growing levels of investment, and several new model launches each year have become a consistent position for Italy’s Ferretti Group. For 2018, the company is also looking to increase production capacity at its shipyards and has confirmed that it is in negotiations with Wally Yachts to ...
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Azimut unveils three new flagships at Cannes
Italy’s Azimut-Benetti Group presented its latest financial data at the Cannes Yachting Festival today, highlighting that they had a better year with an emphasis on growth. Part of this was the previously announced management changes but also, in terms of Azimut, the announcement of two new flagship models that will ...
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New model launches fuelling growth at Williams Performance Tenders
Williams Performance Tenders, which is producing around 950 tenders a year from its UK facility, continues to capitalise on the general solid boat market recovery in Europe and the US, and the strategic introduction of new product.
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Xantrex teams up with Allpa
Vancouver, Canada-based Xantrex, part of the Schneider Electric group, has chosen Allpa Marine Equipment of the Netherlands as its new distributor for Benelux and Germany.
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NewsZodiac and Torqeedo launch Avon eJET 450 at Cannes
Jet tender specialist Avon, part of the Zodiac Nautic Group of France, has teamed up with Germany-based Torqeedo to launch the Avon eJET 450 at Cannes.
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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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