Sector News – Page 386
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NewsDometic’s 2019 marine sales outpace other segments
Swedish equipment maker Dometic has been downsizing capacity, headcount and SKU’s in a drive to improve efficiency and respond to soft demand in key markets
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NewsSprenger appoints UK distributor
Sprenger, a German manufacturer of yacht and boat fittings, has appointed Bainbridge International as its new UK distributor.
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NewsBritish Marine Spring Expo to be held next week
British Marine is to host its annual Spring Expo next week at the Hilton at the Ageas Bowl in Southampton. Taking place from February 4-5, the two-day event will include a number of key industry talks and seminars and is set against a backdrop of learning, networking and business deals ...
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NewsNautique shows prototype electric towboat in Seattle
US towboat manufacturer Nautique is making a splash at the Seattle Boat Show this week as it debuts a prototype electric version of its popular Nautique 210 towboat.
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NewsBrunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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NewsSchaefer Yachts sees advances in its US business
Brazilian boatbuilder Schaefer Yachts says it is committed to continuing its efforts to develop the Schaefer line of motoryachts in the US market with a focus on styling and quality.
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NewsDubai’s Mina Rashid Marina to host IWMC 2020
Dubai-based P&O Marinas, a sustaining member of the International Council of Marine Industry Associations (ICOMIA), has announced that Mina Rashid will be the venue for the 2020 ICOMIA World Marina Conference. The event will be held from October 13-15.
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NewsDogus sells 50% stake in Greek superyacht marina
The 50% stake in the Athens superyacht facility, Flisvos Marina, owned by Turkey’s Dogus Group has reportedly been sold to Lamda, owner of the remaining 50% share. According to Greek newspaper Kathimerini, the sale was achieved through an agreement that Lamda had with Dogus, giving the former a first refusal ...
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NewsInternational trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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Serbian group to invest in new Italian marina
Serbia’s MK Group has announced plans to invest some €110m (US$121m) to boost its presence in the Adriatic Sea, including a project to build a new marina in Italy’s Trieste.
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NewsAxopar 37 range reworked after only four years
Since it started operations in 2014, the Finnish Axopar brand has grown into the largest boating company in the Scandi countries. In that time it has sold over 2,200 boats which are now active in some 70 countries and another 500 or so are on order. The company has developed ...
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NewsSafe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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NewsSoft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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NewsSri Lankan builders make first-time Düsseldorf appearance
The first-ever national stand for Sri Lanka was presented at boot Düsseldorf last week. Supported by the Sri Lankan Board of Investment (BOI), it was occupied by a small number of boatbuilders and a charter company.
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NewsNuova Jolly appoints exclusive Indonesian dealer
Nuova Jolly, the Italian inflatables specialist, has chosen Yacht Sourcing to serve as its exclusive dealer in Indonesia, Thailand and Singapore.
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YPI appoints yacht management partner
Adrian Tinkler joins the global superyacht brokerage from Burgess
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NewsArksen expands model range, launches new eco-initiatives
New partnership for smaller craft and adventure syndicate
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NewsABYC announces second annual Educator Training Conference
The American Boat and Yacht Council (ABYC) has opened registration for its second annual Educator Training Conference, scheduled to be held from July 21-23 in Annapolis, Maryland.
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NewsCivil engineering firm to invest US$70.5m in French marina
Eiffage has secured a concession to operate the Baie des Anges marina
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