All News articles – Page 628
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NewsItalian firm develops ultimate superyacht toy
An Italian company, iSpace2o, is developing a craft that is claimed to be able to attain planing speeds on the surface of the sea and to combine this with operating underwater. These combined talents of the advanced craft will make it a very appealing ‘toy’ for carriage on board a ...
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International emissions regs could hurt large diesel yachts, jobs
The International Maritime Organization’s (IMO) emissions regulations scheduled to take effect in 2021 could force diesel-powered yacht producers to stop building their larger vessels, which could mean a loss of jobs without a delay in implementation, according to the leadership team at Viking Yachts.
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NewsMacau forum highlights developments in Greater Bay Area and Hong Kong
A high-level yachting forum was included as part of the calendar of events linked to the 9th Macau Yacht Show, which ran from October 24-27 at Fisherman’s Wharf in Macau.
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NewsTaiwan hosts TIBS 2020 seminar in Ft Lauderdale
Taiwan is dedicated to the global yacht market; from growing exports of its largest builders to luring other manufacturers to utilise Taiwan’s yacht yards capabilities as well as growing the island nation’s local participation in the yachting lifestyle and a world-class yacht show.
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NewsMajesty 140 wins ‘Best in Show’ Award at FLIBS
In a unanimous decision by the judges at the Ft Lauderdale International Boat Show (FLIBS), the Best in Show Award went to the Majesty 140, built in the UAE. This is the first time Majesty Yachts has exhibited at FLIBS.
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NewsFLIR reports mixed bag for Q3
FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.
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NewsItalian builder expands Down Under
Italian boatbuilder Cranchi has appointed a new dealer and distributor for Australia. t|d Terence Dean, which is based in Melbourne’s Docklands at New Quay Marina West, has been involved in second-hand sales and brokerage for a number of years. However, this is understood to be their first dealership for an ...
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NewsSA’s first Superyacht Training Academy opens in Cape Town
South Africa’s first-ever Superyacht Training Academy has officially opened in Cape Town.
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NewsHanse Yachts reports record turnover
Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008
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NewsVolvo Penta Americas president to retire
Volvo Penta Americas president Ron Huibers has announced that he will retire, effective January 1, 2020.
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British boating magazines sold as part of £140m deal
TI Media (the former IPC Media Group and later Time Inc UK) has been sold by the Epiris private equity company to Future PLC, a UK-based publisher of consumer magazines and websites.
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NewsBrunswick to preview ‘Future of Boating’ in Las Vegas
US-based Brunswick Corporation will make a splash in the new year as a first-time exhibitor at the 2020 Consumer Electronics Show (CES) – the world’s largest electronics and technology show, well-known for the introduction of cutting-edge innovations each year
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NewsFrigomar wins BMEEA Award
Italian HVAC specialist Frigomar has announced that its high-performance BLDC variable-speed, self-contained unit inverter was recently named Product of the Year by the British Marine Electrical & Electronics Association (BMEEA).
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NewsExecutive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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NewsNew SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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NewsMarquis unveils revamped line, Lexus LY 650 at FLIBS
The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.
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NewsBeneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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NewsEcoworks Marine enters US market
Ecoworks Marine, a UK manufacturer of environmentally friendly cleaning products for boats and yachts, has chosen Pragati Yacht Services to distribute its brand on the US market.
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NewsX-Yachts buys Swedish powerboat builder
Danish sailboat producer X-Yachts has entered the powerboat market with the acquisition of HOC Yachts in Sweden.
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NewsGarmin releases strong Q3 results
Switzerland-based Garmin Ltd has reported strong sales for its third quarter, driven by growth in its aviation, fitness, outdoor and marine divisions.
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