All News articles – Page 739
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News
Bavaria to build 24 boats without new owner
In mid-April, the news hit the boating industry like a rock: Bavaria Yachtbau, until then the largest shipyard for sailing and motor yachts in Germany, was bankrupt. CEO Frank Henkel had to go, media reports about debts in the three-digit million euro range and the wrong strategy towards luxury yachts. ...
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Evinrude wins Red Dot design award
Evinrude has won a 2018 Red Dot Award for Product Design for its E-TEC G2 150-200hp outboard engine.
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NewsBlue Guard appoints new director of global sales
Blue Guard Innovations (BGI), a US-based marine sensor manufacturer, has appointed Alan Brown as its new director of global sales.
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New Jersey launches US$100m waterfront development
The borough of Carteret, New Jersey, has begun construction on a US$100 million waterfront development fully funded by public grants and settlement money from various chemical company clean-up lawsuits.
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Allpa and Johnson Pump celebrate 30-year partnership
Allpa Marine Equipment, a Dutch wholesaler with branches in the Netherlands and Germany, is celebrating its 30-year working partnership with SPX Flow (formerly Johnson Pump), having served as one of its key distributors for the last three decades.
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NewsSunseeker CEO steps down
Phil Popham, CEO of Sunseeker International, is to step down from his position at the end of September. The UK boatbuilder confirmed the news today.
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NewsParker Boats in expansion mode
Speaking to IBI at the recent Wind and Water Boat Show in Poland, Parker Boats MD Phillip Scott and his fellow director and son Chris Scott were enthusiastic about export growth and the progress made on the local Polish market.
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News
World Sailing and Yacht Racing Forum extend partnership to 2020
World Sailing, the sport’s governing body, and the Yacht Racing Forum have confirmed that they are extending their current working partnership until 2020. The two organisations have been linked in a partnership since 2008.
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Malibu acquires Pursuit Boats
Malibu Boats in the US has entered into a definitive agreement with S2 Yachts Inc to buy the assets of Pursuit Boats for a total consideration of US$100m. The transaction, says Malibu, will be funded with cash on hand and a borrowing under an incremental revolving credit facility to be ...
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Replica classic boat builder to launch own speedboat design
South African classic boat builder GAW Marine this week confirmed plans to produce its own unique speedboat model for the export market.
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Auckland On Water Boat Show to relocate
After 20 years, the Auckland On Water Boat Show will return to The Viaduct Basin and Te Wero Island in 2019, the NZ Marine Industry Association announced today.
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News
Cimco Marine expands diesel outboard range
Sweden’s Cimco Marine is to expand its existing portfolio of marine diesel outboards with two engines in a lower hp range – the OXE 125 and OXE 175.
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NewsN’Fun 30 wins Gdynia President’s Award
The winner of the Gdynia President’s Award for the best sailing yacht design at the Wind and Water Boat Show in Poland this year was the N’Fun 30 sailing yacht, locally made in Poland by N’Fun Yachting from Gizycko.
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News
US pontoon builder expands
Veranda Luxury Pontoons in the US is expanding its production into a 377,000sq ft manufacturing facility with plans to hire 100 workers over the next two years to meet growing demand and allow for expansion at its sister company, Xpress Boats.
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Oyster Yachts to launch new entry-level yacht
Following the dramatic events at Oyster Yachts earlier this year, the UK boatbuilder is now on a strong strategic development course to restore and expand the brand to its former glory.
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Fewer US restrictions on ‘superyachts’
For the first time since 1920, yachts of more than 300 gross tonnes can be registered in the US as recreational vessels. The move follows President Donald Trumps signing of bipartisan legislation that no longer requires vessels of this size to register as commercial.
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News
Attendance up at revamped Helsinki show
Almost 13,000 people attended this year’s Helsinki Boat-Afloat Show in Finland – a 12% increase over the year before. The growing popularity of the show, says industry association Finnboat, is attributable to the long and warm boating summer, improved economic outlook and a revamped exhibition concept now offering more in ...
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Section 301 tariff hearings open in DC
The US Trade Representative opened six days of public hearings on Monday into President Donald Trump’s proposal to tax another $200bn worth of Chinese imports, with leaders from the recreational boating and information technology industries presenting testimony required by Section 301 of the Trade Act of 1974.
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News
Barrus enters marine chandlery market
UK-based engine importer and distritubor EP Barrus Ltd has signed an exclusive distribution agreement with Talamex, a branded range of over 3,500 chandlery items.
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News
Oyster Yachts to launch new entry-level yacht
Following the dramatic events at Oyster Yachts earlier this year, the UK builder is now on a strong strategic development course to restore and expand the brand to its former glory
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