Sector News – Page 354
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OXE Marine signs deal with China’s largest outboard engine manufacturer
Parsun to distribute the OXE diesel outboard range in China
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Grants help fund US boatbuilder expansion
World Cat have announced they will open a new $8.8m production facility in Greenville, North Carolina.
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Fiji’s ‘Blue Lane’ initiative proves good response to Covid-19
Over 20 yachts have so far made use of the ‘Blue Lane’ initiative introduced by the Fijian government to allow yachts and superyachts to visit the South Pacific island nation, according to a report in The Fiji Times.
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Norwegian electric outboard company receives EU funding
Evoy’s vision is to eliminate emissions from boats
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Davey & Co London Ltd gets new owner
John Buckley of Harbour Marine Services acquires UK boat fittings manufacturer
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Cyclops Marine appoints French distributor
Cyclops Marine, the UK-based developer of load sensors for sailors, has appointed XPO as its new distributor for France. XPO is a specialist rigging and hardware wholesaler and a major supplier to the performance racing market.
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Oslo September Floating Show cancelled but Helsinki to go ahead this week
Norwegian marine trade association Norboat, which organises the annual Oslo Batar I Sjoen floating boat show, has announced the cancellation of this year’s exhibition because of Covid-19 restrictions and rising concern about future infection rates in a country which has so far had a relatively good record of controlling the ...
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First electro-hydrogen production boat to debut at Cannes
Energy Observer Developments will present its hydrogen fuel cell technology integrated with a new 40-foot open boat developed with Hynova Yachts as a dayboat or superyacht launch
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Trump resumes trade war with Canada
It’s Déjà vu for the North American boat industry as US president Donald Trump announces a new 10% tariff on Canadian aluminium, while Canada vows to retaliate
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Bermuda to join countries opening up ownership registers
With ever-greater visibility being given to ownership of company registers in a increasing number of offshore ‘tax haven’ jurisdictions, Bermuda is now committed to joining them by making its register accessible to the public by January 2021.
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Tohatsu begins deliveries of new MFS75/90/115 outboards
Shipments begin as scheduled in spite of global Covid-19 shutdowns
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New Sunreef superyacht luxury sail catamaran concept
Responding to the growing demand for large superyacht luxury sail catamarans, UK design studio, Malcolm McKeon Yacht Design, has collaborated with Sunreef Yachts to develop a radical 46m (151ft) superyacht concept named the Sunreef MM460 CAT.
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Custom Line sells four new yachts in one month
Custom Line, part of Italy’s Ferretti Group, has announced the sale of four new yachts in July alone – a Custom Line Navetta 42, a Custom Line Navetta 37, a Custom Line Navetta 33 (displacement line) and a Custom Line 120’ (planing line).
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Cannes Yachting Festival gets ‘Safe & Clean’ label
The Cannes Yachting Festival will be the first boat show on an international scale to reopen in the post-lockdown period with almost 400 boats presented ranging from 3m-43m.
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Legal dispute over loss of £25m superyacht involves Peters & May
My Song fell off ship while en-route from Antigua to Genoa
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GetMyBoat sees quadruple-digit growth in demand
GetMyBoat, the mobile app that connects people who want to boat with private or charter rentals, is reporting record demand and growth this summer that it says was reached organically.
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Antalya celebrates 20 years of yacht construction
Turkey’s leading yacht-building centre has built 460 yachts valued at $1.2bn over two decades
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Zhik expands in Belgium and France
Zhik, the Australian marine apparel brand, has chosen Plastimo to distribute its products in France, Belgium and the French domestic territories.
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Palumbo Superyacht Refit offers discount package at Marseille yard
50% cuts in haul-out, launching and hardstand parking
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NZ update: exemption for visiting yachts with work booked; Auckland show to attract large crowds; Ocean Marine busy; new Waiheke marina
New rule could give a boost to local yacht repair and refit sector