Latest News – Page 707
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News
Tasmanian marina has A$20m upgrade
The first phase of a major A$20m redevelopment project at the Margate marina located at Barretta 20 minutes south of Hobart in Tasmania, is set to open this month. This first phase will have 50 berths for yachts of 10m-25m (39ft-82ft) and it will be immediately followed by the second ...
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Milestone for SA boatbuilding as training course begin in Cape Town
A flagship South African boatbuilding and composites training programme has enrolled its first group of students in Cape Town, the South African Boatbuilders Export Council (SABBEX) reports.
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Yanmar strengthens distribution in France
Japanese engine manufacturer Yanmar Marine International has opened a sales and customer representative office in the Vendée region of western France. Based in La Roche-sur-Yon, Yanmar France SAS was established to assume full responsibility for the distribution of all the company’s products and services.
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Ocean Safety expands US coverage
UK-based marine safety equipment supplier Ocean Safety, part of the 3Si Group, has added 10 more Approved Service Stations to its global network of companies that are certified to service, repair and re-equip Ocean Safety manufactured liferafts, lifejackets and man overboard equipment. Importantly, this includes the Ocean Safety SOLAS range ...
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UCINA reveals details of 58th Genoa show
Italian marine industry association UCINA held a press conference at the Milan headquarters of newspaper Il Sole 24 Ore on Monday, where speakers gave details of what to expect at this year’s Genoa International Boat Show.
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Dutch firm develops all-in-one boat stabilising system
Dynamic Marine Systems (DMS), a Dutch maker of yacht stabilisers, says it will soon launch a fin system that will dampen a boat’s motions at any speed and at anchor.
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‘Uber for boats’ draws closer look from law enforcement
While not new in Europe or the States, so-called ‘Uber for boats’ is drawing a closer look from law enforcement as it grows in popularity, with the US Coast Guard warning passengers and captains alike that unlike an automobile not just anyone can hire out a boat to take passengers ...
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Scottish Boat Show undergoes layout revamp for 2018 edition
The organisers of the Scottish Boat Show are moving their act up a gear to take account that following the demise of the London Boat Show, it is the UK’s second largest marine leisure event. The three-day free admission event is expecting to attract in excess of 14,000 visitors.
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Croatian marina operator eyes Slovenian acquisition
Croatian marina operator ACI Marinas d.d. is reportedly considering to purchase the Portorož marina in Slovenia as part of its foreign acquisition plans.
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Brunswick, Wells Fargo team to provide Canadian floorplanning
Brunswick Corporation has named Wells Fargo Commercial Distribution Finance (CDF) as the preferred floorplan financing provider for all Brunswick boats and Mercury Marine engines sold to Canadian boat dealers under the private label of Brunswick Commercial Finance (BCF).
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Ukraine looks to develop yachting tourism and infrastructure
The government of Ukraine plans to allocate up to US$250m in the development of yachting tourism and infrastructure in the country, according to the Ukranian Presidential Administration’s press service.
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Survey shows increasing strength of Australian marine sector
The latest survey of the Australian recreational marine industry for 2017/18, commissioned by the Boating Industry Association (BIA), underpins the growing strength of the leisure marine sector in the country. The survey states: “The boating industry has seen steady, healthy growth over the last three years, picking up from a ...
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MCY appoints new dealer
Monte Carlo Yachts (MCY) continues to expand its North American presence with the appointment of Apex Marine as its new dealer for the Miami area.
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US yacht broker makes Inc 5000 list
Annapolis Yacht Sales (AYS) has earned a place on the 2018 Inc magazine 5000 fastest-growing private companies in America, docking at number 4,389 with a reported US$45.2m in revenue last year and 75% growth over a three-year period.
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SUTL Enterprise reports small increase for first half 2018
The owner of the ONE°15 brand, SUTL Enterprise, has reported a small 2% rise in year-on-year revenues for the first half of 2018. The Singapore-listed marina owner, developer and manager saw revenues in the first six months of this year increase to S$15.4m, but net profit for the period fell ...
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Buyer for Bavaria in sight
A new owner for Bavaria Yachtbau looks to be in sight, with reports that a bidder’s binding offer is on the shipyard’s desk with specifics of the sale already having been negotiated.
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Malibu hosts ‘Investor Day’
Malibu Boats will be hosting institutional and individual stockholders for an ‘Investor Day’ open house at various facilities in an around its headquarters community of Loudon, Tennessee.
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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 powerboat registrations up in Q2
New powerboat registrations in the US were up 2.3% in June on a rolling 12-month year-over-year basis, according to preliminary data released by the National Marine Manufacturers Association (NMMA).
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Hatteras to relaunch Cabo brand
Hatteras/Cabo Yachts is to relaunch the Cabo fishing boat brand at the Miami International Boat Show next year with the unveiling of the new Cabo 41.