Sector News – Page 377
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NewsNew dates announced for Taiwan show
The 2020 Taiwan International Boat Show (TIBS), originally scheduled for March 12-15 at the Kaohsiung Exhibition Center and Kha Shing Pier 22, has been postponed to March 10-13, 2022. The show is held every two years and will be celebrating its fourth edition.
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NewsHeysea Yachts to deliver first Asteria 126
Chinese superyacht builder Heysea Yachts will shortly deliver its first 38.4m Asteria 126 model to a mainland Chinese customer following its launch in early March.
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News‘Controlled shutdown’ at Princess Yachts
Princess Yachts Ltd has announced a controlled shutdown of its UK facilities with immediate effect. The company today released the following statement: “The health and safety of our employees is of paramount importance and is our main priority, along with our network, suppliers and international clientele. We also take our ...
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NewsSunseeker International suspends production
Following the UK Prime Minister’s coronavirus (COVID-19) update yesterday, Sunseeker International has announced that it is temporarily suspending production until the end of April for the vast majority of employees. Some safety-critical and continuity roles will remain but at a very low level.
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NewsInconsistent rules leave Florida’s US$23bn boating industry in flux
Palm Beach County, Florida, has joined its neighbour to the south, Miami-Dade County, in closing marinas and boat ramps to all but commercial fishing operations. But Broward County, which sits between the two and is home to Ft. Lauderdale – the hub of South Florida’s US$12bn yachting and boating industry ...
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NewsNew family-run SA business eyes export market with new semi-rigid model
A family-run engineering services company has launched themselves onto the South African boatbuilding market with a new custom 5.7m semi-rigid aluminium model.
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NewsWinnebago suspends production at Chris-Craft
Winnebago Industries has announced that it is temporarily suspending production activities at its Chris-Craft and other production facilities in the US. The steps are designed to lower the probability of coronavirus exposure to employees and adjust future production output relative to demand.
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NewsNew Hong Kong show to launch in November
Hong Kong is set to have a new yacht show timed for November 19-22, 2020. The initiative follows the signing of an MOU (Memorandum of Understanding) between the Hong Kong Cruise & Yacht Industry Association (HKCYIA) and Verventia, organiser of the Singapore and Thailand yacht shows.
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NewsFerretti reports rise in revenues, issues Covid-19 statement
Production continues for now at Italian builder as it releases positive 2019 financials
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NewsGavio Group to combine Baglietto and CCN yards under the Baglietto brand
Yards closed until early April due to coronavirus
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NewsWalcon completes UK marina redevelopment
Walcon Marine, the UK-based marina builder, has completed a comprehensive reconfiguration of the mooring facilities at Lymington Town Quay in Hampshire.
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NewsWith many closures already, Volvo alters dividend proposal
In light of Group operations which are – or will be – temporarily closed, the Board of Directors will withdraw its proposal foran extra shareholder dividend given the significant changes in the business environment since announcing 2019 financial results
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NewsDometic expects negative impact on Q1 results
Sweden’s equipment manufacturer Dometic Group warned of a negative impact on demand and financial results in the company’s first quarter, and withdrew the previously proposed dividend for investors
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NewsDelta ‘T’ Systems appoints sales and service provider
Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has appointed Dania Beach, Florida-based Gillen Yacht Services as its newest authorised sales and service provider.
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NewsChinese boatbuilding regains traction; HK market still down
Boatbuilding in China appears to be regaining traction, according to Simon Boyde, director of Hong Kong-based Storm Force Marine. In Hong Kong, however, the market remains down. Storm Force is a leading supplier of marine equipment to the boatbuilding industry throughout the region. Speaking about business in China, Boyde says: ...
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NewsSunseeker to temporarily reduce workforce, salaries
The measures are part of an effort to avoid compulsory redundancies
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NewsBrunswick temporarily suspends production
New work schedules will begin to take effect from Monday 23 March
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NewsPrivilège strengthens international sales team
Privilège, the French catamaran brand owned by Germany’s HanseYachts, has expanded its international sales team with sales manager Anna Nowotarska. Following a career of 14 years in the yachting industry, Nowotarska has a high level of expertise.
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NewsInvincible: online to replace boat shows, operations continue
Invincible Boats, which began the new year with a new catamaran, new marketing campaign and a new push into international markets, is adjusting to the changing market conditions brought on by the COVID-19 pandemic and, thus far, is continuing normal manufacturing operations.
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