Sector News – Page 323
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Two Florida shows to go ahead this week
The Stuart Boat Show and St Petersburg Power and Sailboat Show are both set to open despite the ongoing pandemic
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Lumishore strengthens Dutch presence
Lumishore, the UK-based marine LED lighting specialist, has chosen Totallux to serve as its exclusive superyacht sales agent in Holland and distributor of its leisure marine underwater and above water lighting ranges.
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Former Tesla Europe manager joins Silent-Yachts
Jochen Rudat, Tesla’s former director for Central Europe, has joined the advisory board of solar-electric catamaran producer Silent-Yachts.
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UK boating industry: EU trade deal welcome, but more work to do
While British Marine, the trade body for the UK leisure marine industry, has welcomed the trade deal with the EU, it has warned that more work needs to be done and additional guidance is required from government in order to allow supply chains to operate as seamlessly as possible.
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Two US winter boat shows cancelled, one postponed
The news from US trade association and boat show organiser NMMA comes days after revealing that American powerboat sales increased some 13% in 2020
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Fraser Yachts founder dies
David L Fraser, founder of global yacht brokerage Fraser Yachts, passed away peacefully on Wednesday at the age of 99.
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Lippert names new CIO
Indiana, US-based marine parts and accessories manufacturer Lippert Components Inc (LCI) has named Vince Doepker as chief information officer, charged with leading and sustaining the ongoing transformation of the company’s global information technology division.
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Part 1 | The early years to the Global Financial Crisis
IBI In-Depth: A three-part series tracking the mixed outcomes for investors from the early pioneers of fibre glass production to the latest wave of investment by private equity, wealthy individuals, state-backed Chinese corporations and initial public offerings.
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Lazzarini’s latest yacht design is a “hybrid-hybrid”
The latest concept design from Pierpaolo Lazzarini, founder of the Rome-based Lazzarini Design Studio, could be called a ”hybrid-hybrid” of sorts, as it uses both diesel and solar-power on both water and land.
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Lewmar’s 2019 results impacted by Lippert takeover
At the time, Lippert Components’s acquisition of the UK marine equipment manufacturer was described as the “best strategic option” for Lewmar and its employees
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Spanish municipality to invest €4.5m on marina upgrade
Victor Navas, the mayor of Benalmádena in southwest Spain, has announced that the municipality plans to invest at least €4.5m (US$5.5m) to upgrade its marina.
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Kyron Design makes superyacht debut
Kyron Design has submitted its first entry to yachting with a 230ft expedition superyacht.
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Show organiser Informa Group looks beyond pandemic
Informa PLC, the London, UK-listed global events organiser responsible for the Monaco Yacht Show and Fort Lauderdale International Boat Show amongst others, has indicated in its 2020 half-year results that its profits for last year are likely to be around 70% down.
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IMCI opens UK office to certify recreational boats meet UKCA mark
The Brussels-based International Marine Certification Institute has founded IMCI (UK) in Liverpool to ensure that recreational boats placed on the British market meet the country’s post-Brexit technical, safety and environmental standards.
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US boat sales hit 13-year high in 2020; boom to continue
With heightened interest in outdoor recreation and ways to social distance, consumer demand for new boats is expected to carry over into 2021 and beyond
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Burgess moves from profit to loss
Difficult market conditions caused 24% drop in turnover to £16.63 million for UK yacht brokerage firm
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New Navico distributor for France
Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands of marine electronics, has chosen Kent Marine Equipment to distribute its complete range of products in France and the French administered territories.
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Seakeeper expands presence in Asia
US-based marine stabilisation specialist Seakeeper has announced that its Pacific distributor, Twin Disc Pacific, has added Asia to its distribution territory.
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S2 Yachts consolidates Tiara brands
S2 Yachts, builder of the Tiara Yachts and Tiara Sport brands in the US, has announced that it is now marketing both marques under the Tiara Yachts banner.
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QM Industries in joint venture with Multiflex Marine
QMI-Multiflex to supply and manufacture marine steering systems, cables, controls and accessories for the US market