Sector News – Page 352

  • Container Ship
    News

    US study says cost of onshoring supply chains from China could top $1 trillion

    2020-08-21T14:59:00Z > , By

    A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...

  • remy-millott-profile-image
    News

    GYG issues strong first-half trading update

    2020-08-21T14:05:00Z > , By

    CEO Remy Millott: “The team’s focus on improving margins is starting to flow through” Global Yachting Group (GYG), the UK-based superyacht painting, supply and maintenance firm, has issued a positive first-half trading update for the six months ended June 30, 2020. The announcement comes not long after ...

  • Cannes at night2
    News

    Cannes Yachting Festival cancelled

    2020-08-21T11:31:00Z

    IBI has learned that several exhibitors have been informed this morning of the cancellation of the Cannes Yachting Festival, from the organiser Reed Expo due to increasing worries about the incidence of the Covid-19 infection rate in the Alpes-Maritimes region. The show was due to have taken place from the ...

  • Annapolis Sailboat Show
    News

    Annapolis boat shows cancelled

    2020-08-21T08:21:00Z

    In a discouraging development for the boating industry, the City of Annapolis announced yesterday that it was cancelling the US Powerboat and Sailboat shows scheduled for October, due to Covid-19 health concerns. The sailboat show – the largest in-water sail-only show – has a strong draw among international exhibitors and ...

  • Riviera-50-Sports-Motor-Yacht-Running-02
    News

    Riviera unveils new 50ft model

    2020-08-20T14:58:00Z

    Gold Coast, Australian boatbuilder Riviera is introducing a new 50ft sports motoryacht to its line-up of larger 64, 68 and 72 models

  • Puerto Rico flag
    News

    Drydock proposals sought by Puerto Rico Port Authority

    2020-08-20T13:50:00Z

    The Puerto Rico Port Authority (PRPA) has issued a Request for Proposals (RFP) for up to US$20m in repairs and improvements to its World War II-era drydock facilities. Located at Pier 15 in Isla Grande, San Juan, the drydock was built in the 1940s and operated by the US Navy, ...

  • zin_highspeed_2
    News

    Zin Boats looks to be ‘Tesla of the sea’

    2020-08-20T10:50:00Z >> , By

    The Z2R can reach speeds of well over 30kt After 20 years designing racing sailboats while working for the likes of BMW and General Motors, Piotr Zin moved to a houseboat on Seattle’s Lake Union and started becoming concerned about the future. “The reason I started working ...

  • VesselsValue - Causier, Freeman and Tucker
    News

    VesselsValue introduces automated valuation platform for superyachts

    2020-08-20T10:29:00Z

    New service covers over 6,000 superyachts over 24m with values back to 2012

  • Boat-in-Haarlem-canal
    News

    Canadian power equipment builder targets Europe

    2020-08-20T09:41:00Z IBI , By

    Xantrex hopes to build its European business on a new line of 230V inverter-chargers Burnaby, Canada-based electrical equipment manufacturer Xantrex aims to build its export business with a new product line developed specifically for the European market. The company says that its newly-announced Freedom XC 230V inverter/charger ...

  • ASAP Supplies logo
    News

    ASAP Supplies Ltd relocates

    2020-08-19T14:17:00Z

    UK stockist of marine equipment and spare parts moves to Hamble

  • Range of smarttune by Cyclops
    News

    Cyclops Marine appoints Italian distributor

    2020-08-19T11:10:00Z

    Cyclops Marine, the UK-based developer of load sensors for sailors, has chosen Velamania to serve as its new distributor for Italy. Velamania is said to be one of Europe’s most experienced distributors in the rigging and performance racing market.

  • Helsinki Boat-Afloat 2020
    News

    Helsinki Boat-Afloat boosts late-summer sales in Finland

    2020-08-19T10:48:00Z >>

    Visitors were able to view the boats safely on the piers and in the marina of the HSK yacht club More than 10,000 people visited the Helsinki Boat-Afloat Show in Lauttasaari, Finland last weekend, with warm, sunny weather helping to boost late-summer boat sales. It was the ...

  • STURIER DME 7
    News

    New Explorer yacht expands Sturiër range

    2020-08-19T08:37:00Z

    The new Dutchman Explorer yacht from Dutch yard Sturiër is under construction and scheduled for delivery to its southern European client next year.

  • Princess apprentice
    News

    Princess Yachts wins Princess Royal Training Award

    2020-08-19T07:41:00Z

    UK boatbuilder Princess Yachts has picked up a Princess Royal Training Award for its apprenticeship scheme. Now in its fifth year, the Princess Royal Training Awards recognise employers across the UK with outstanding training and development programmes that have had a direct impact on business performance. The winners are chosen ...

  • X-Yachts sailboat_2
    News

    X-Yachts enters powerboat market

    2020-08-18T15:09:00Z >>

    Danish sailboat builder X-Yachts has entered the powerboat market with a debut planned for January next year.

  • Scott 001
    News

    Scott Bader reports full 2019 results

    2020-08-18T14:26:00Z

    The global materials specialist announced a 12% increase in profits for 2019, while reporting a 3% dip in turnover

  • MasterCraft's Aviara AV32
    News

    MasterCraft buys former Sea Ray plant

    2020-08-18T14:21:00Z

    Newly-acquired Florida facility to handle all production for upscale Aviara day boat line

  • The OXE Diesel outboard
    News

    OXE Marine begins trading on OTCQB market in the US

    2020-08-18T10:40:00Z

    The Swedish outboard engine producer hopes to benefit from increased visibility across the US investor community

  • Italian flag on boat
    News

    ITA launches €39m tender for ‘Made in Italy’ brand promotion

    2020-08-18T09:03:00Z

    The Italian Trade Agency (ITA), Italy’s trade promotion body, has launched a tender notice inviting interested parties to bid for a €39m budget to promote the ‘Made in Italy’ brand. This is an important bid for the Italian yacht-building industry and the many other companies engaged in yacht-related activities because ...

  • Rob Parmentier
    News

    New CEO for Sailfish Boats

    2020-08-17T14:43:00Z

    Georgia, US-based fibreglass boatbuilder Sailfish Boats announced late last week that it has named marine industry veteran Rob Parmentier as its new president and CEO with immediate effect.