Sector News – Page 391
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Greek marina privatisation plan attracts strong foreign interest
Chinese and Arab investors top list of interested bidders
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Dutch superyachts cruise into new era
Lobbying job shifts to the Netherlands Maritime Technology pressure group after HISWA Holland Marine folds
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SA yard R & M Boat Builders reports surge in activity
Cape2Rio Yacht Race provides welcome boom as Cape Town looks to boost share of superyacht trade
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Echo Yachts become “super-Eco 100%” custom superyacht builder
Australian builder says it intends to push the boundaries further by augmenting its vessels with combinations of the latest in environmentally conscious power sources, power storage, propulsion, equipment and construction material technologies
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Island Gypsy brand revived
The iconic Halvorsen brand has been revived in the form of a new range of connoisseur craft, launched in 2019 as the Newport 460 – a collaboration among industry veterans and described as being ideally suited to couples who enjoy entertaining onboard and quiet coastal cruising. Blending the classic lines ...
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Smuggler Marine and Orion win over Sealegs court case
Boatbuilders to pursue all court costs and damages from Sealegs
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US, China tariff deal helps boating, critics Say “Phase One” agreement too limited
The move last week aimed to deescalate the ongoing trade war reduces some US tariffs in exchange for increased Chinese purchases of American farm goods
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Kiwi boatbuilder Naiad sold
Business to be acquired by its east-coast Australian builder partner, Yamba Welding & Engineering
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Boat launch and dry stack system manufacturer adds to distributor network
Capria adds distributor to cover UK and Ireland
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Catana Group acquires Tunisian shipyard
After a fifth year with average annual growth over 50% and an order book that will result in exceeding the threshold of €100m in revenue this year, the Catana Group has just signed an agreement to acquire a majority stake in Magic Yachts.
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New X-Yachts owner increases shareholding
After acquiring a 51% stake in X-Yachts through his holding company Consolidated Holding A/S, entrepreneur and businessman Ib Kunøe has bought the remaining shares in the Danish sailing yacht producer.
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Stricter boat safety laws sought after California dive boat charter fire
Members of the California congressional delegation are proposing tougher safety standards for small boats in the wake of a fire aboard a dive boat charter that killed 34 people.
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Philippines upgrades recreational boat records with new registry
A significant upgrade for the marine leisure sector in the Philippines has been initiated with the launch of a new Registry of Recreational Boats by MARINA (the Philippine Maritime Industry Authority). The new system will reduce the licencing time for such craft from around two years to just five days.
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Marine industry welcomes USMCA deal
The agreement reached between Democrats in the US House of Representatives and President Trump regarding the US-Mexico-Canada Trade Agreement (USMCA) is being hailed by the boating industry in the US, calling it a “critical pact that will protect and preserve the industry’s North American trading partnerships.”
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LYBRA launches US version of The Superyacht Show
LYBRA (the Large Yacht Brokers Association), which over the last two years has held a successful Superyacht Show in Barcelona, is expanding to the US with an event to be held in Palm Beach, Florida in late March 2020.
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US marina to be auctioned online
The Marina at American Wharf, located in Norwich Harbor in the US state of Connecticut, is being auctioned online this week by Norwich Community Development Corporation (NCDC) and Tranzon real estate auctioning firm.
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US port receives two management proposals for John Wayne Marina
Two private marina management companies have entered the fray over the embattled John Wayne Marina owned and operated by the Port of Port Angeles, Washington, but “It could be many months, or even years, before we identify what will be the right plan going forward for the marina,” according to ...
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Dutchmen to sell French-made SeaBubbles in four European nations, Dubai
Two Dutch businessmen have acquired the exclusive right to sell and develop SeaBubbles – electric, hydrofoil water taxis and buses – in the Netherlands, Belgium, Germany, Denmark and Dubai.
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Dutch boatbuilder to expand capacity under new ownership
Dutch boatbuilder Moonen Yachts secured new owners in August, and is planning to invest in expanding its production capacities next year, as well as start a number of new projects, senior company representatives told IBI.
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Appointment at Pursuit
Florida-based fibreglass boat builder Pursuit Boats has named Megan Foley Morris as its new marketing manager.