Latest News – Page 706
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Sting gives exclusive performance at Ferretti Group gathering
Music legend Sting gave an exclusive performance to Ferretti yacht owners and prospective clients at the Yacht Club de Monaco last week. The concert took place during Ferretti’s annual ‘Private Preview’, held each year in the run-up to the Cannes Yachting Festival.
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US boating industry heeds call to arms
Since the onset of trade investigations, tariffs and counter tariffs by the US and its largest trading partners – collectively referred to as the ‘trade war’ – the recreational marine industry has taken a frontline position of unprecedented proportions.
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ACR Electronics upgrades in-house manufacturing
ACR Electronics, the US safety and survival specialist, has announced significant investment in a new Surface Mount Technology (SMT) line at its Florida headquarters.
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Nautor’s Swan appoints CEO
Giovanni Pomati has joined Nautor’s Swan of Finland as its new chief executive officer. According to a statement, Pomati’s appointment adds further experience and expertise to the Nautor’s Swan team – notably in executing the company’s strategic vision and guiding its organisation.
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Hong Kong Boating Industry Association reports busy six months
The organising council of the Hong Kong Boating Industry Association (HKBIA) has reported a busy six months over the Hong Kong summer establishing the infrastructure of the new association.
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Southwest Florida’s first ‘smart marina’ to open in spring 2019
Carroll Properties in the US has broken ground on a new state-of-the-art boat storage facility at Gulf Star Marina in Ft Meyers, Florida.
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Sweden pushes for more boat scrapping
The Swedish Agency for Marine and Water Management (SwAM) is contributing around SEK 2m (€200,000) towards a boat dismantling scheme in an effort to boost the speed in which old boats are scrapped.
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Q4 gains take Malibu stock to record high
Malibu Boats has reported fiscal fourth-quarter net income of US$12.4m on US$138.7m in sales, an 84.6% increase over the same period last year, which took its stock price to an all-time high of US$54 a share – an 8.5% increase – in pre-trading on Thursday.
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New dates for 1st Oman show
The first edition of the Oman International Boat Show will take place from December 5-8 this year at the Marina Bander Al Rowdha in Muscat. IBI spoke with Mohammed Abdul Hameed, marketing director for event organiser Vision Expo, based in Muscat, Oman.
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MDL Marinas installs new boat sales units
MDL Marinas in the UK has installed eight new boat sales units at the entrance to Hamble Point Marina on Britain’s south coast.
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1st Boot & Fun Inwater opens today
The 1st Boot & Fun Inwater boat show in the scenic lake region around Berlin is taking place from September 7-9 in Werder, 30km from the German capital.
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Lowe president takes part in trade roundtable
Lowe Boats president Ben Cast was among manufacturers to take part in a trade roundtable about the impact of tariffs on businesses in the state of Missouri.
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Tijssen Elektro names new MD
Eddy Huisman has been appointed managing director of Tijssen Elektro Maritime in the Netherlands. He replaces Pedro Kappen, who will be active as chairman of the board/owner of the Tijssen Group.
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Stockholm floating show attracts strong crowd
Around 25,000 people visited this year’s Stockholm Floating Boat Show (Allt på Sjön) in Gustavsberg, located around 20km east of Stockholm city centre.
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IFBSO launches #ReThinkPlastic campaign
The International Federation of Boat Show Organisers (IFBSO) is encouraging its members to act as trailblazers for the industry by encouraging initiatives to curb the pollution of the world’s oceans, lakes and waterways. This includes eradicating single-use plastics from packaging at their events as well as spreading environmental awareness in ...
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Thai boat market in expansion mode
The Thai boating market is said to be growing, according to Ocean Marina Yacht Club in Thailand, with an increased number of local owners.
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Dutch boating sector reports first-half growth
HISWA Holland Marine Industry recorded a healthy 2.5% growth rate in the first half of 2018, news that lifted spirits at the annual HISWA In-Water Boat Show in the Netherlands.
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Industry 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, Canadian boating industry urges NAFTA resolution
The Trump administration’s plan to move forward with Mexico in revamping the North American Free Trade Agreement (NAFTA) with or without Canada is a “mixed blessing”, according to the National Marine Manufacturers Association (NMMA) in the US.
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Michigan Marine Propulsion eyes Polish market
Michigan Marine Propulsion in the UK has chosen ITA Marine as its distributor for outboard and sterndrive propellers in Poland.