All News articles – Page 735
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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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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.