Sector News – Page 303
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Tabacchi family to contest Perini Navi bankruptcy decision
Challenge to be heard by Florence Court of Appeal tomorrow
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Tohatsu unveils new 140hp outboard today at Japan international Boat Show
The MFS140A is currently having its world debut at the Japan International Boat Show Japanese outboard motor manufacturer, Tohatsu Corporation, has added a new 140hp engine to its model line-up. The MFS140 is currently having its world premiere at the Japan International Boat Show which opened at ...
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Survitec completes refinancing
UK-based company has become a global leader in marine safety equipment
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Neel Trimaran Group launches first Leen series model
Leen 56 launched and the Leen 72 to follow in 2022
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Oyster Yachts returns to profit; turnaround plan underpins future growth
Yacht production turnover to double by 2022 supported by strong sales and demand
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Baltic Boat Show cancelled
The organisers of the Baltic Boat Show, Riga Expo, in Latvia have decided to cancel the show which was due to have taken place in Riga later this month. The boat show, which would have been part of a larger general Outdoor Activities Exhibition, normally has approximately 100 exhibitors. This ...
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Yamaha previews high-performance electric drive system
New 350kW powertrain to debut at the end of May
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Hamburg Ancora Yachtfestival cancelled
Following extensive consultations with authorities and partners, Hamburg Messe und Congress GmbH have decided to cancel this year’s Hamburg Ancora Yachtfestival which had originally been scheduled to take place in Neustadt, Holstein from 28-30 May 2021. “We had prepared an exciting yacht festival for 2021, including a suitable health and ...
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World’s largest accessory retailer changes hands
Leading US marine aftermarket retailer West Marine joins Princess Yachts and Dutch superyacht builder Royal Van Lent in L Catterton’s marine stable in a deal announced today.
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Appointment at Cummins
Nicole Lamb-Hale named vice president and general counsel, succeeding Sharon Barner
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German yacht-builder files for insolvency
German media reports luxury yacht builder Nobiskrug shipyard is closing its doors due to lack of orders
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Component supplier Patrick Industries to refinance debt
American equipment and component supplier Patrick Industries has announced a private offering of $350 million of senior debt notes; investor presentation details the company’s key performance indicators for the marine sector
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New investor buys into Fountaine Pajot
The world’s leading builder of cruising catamarans attracts new investor
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French company to launch first electric boat motor this May
New electric boat motor to be launched next month
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EU slaps import duties on Chinese aluminium; accuses Beijing of dumping
The tariffs vary from 19.3% to 46.7% depending on the exporter
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Galeon Yachts web redesign for a ‘new way to shop’
Galeon Yachts, the privately held Polish builder, has launched a web redesign aimed at capturing the increase in online sales since the beginning of the Covid-19 pandemic. Touting “faster, more straightforward navigation and a more user-friendly experience”, Galeon brand manager Bob Burke said that the importance of a brand’s website ...
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Croatian-German JV in US$57m bid to expand Rijeka marina
The marina in Porto Baroš could potentially accommodate superyachts
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Former Princess CEO launches yacht refit service
Chris Gates, former CEO of Princess Yachts, announced the launch of a new British specialist company, Setag, to provide design and refit services targeted to pre-owned Princess, Sunseeker and Fairline yachts
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Developer of UK boating app teams up with Dockwa
The collaboration will bring savvy navvy to hundreds of thousands of boaters who use Dockwa in the US
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Beneteau sells CNB brand
The move is part of the French builder’s plan to rationalise its portfolio