Sector News – Page 395
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NewsBenetti sells five yachts valued at around €100m
In the space of a recent few weeks, Benetti has secured contracts for five superyachts ranging from 38m (125ft) to 50m (164ft), with deliveries due between 2020 and 2022. Benetti told IBI that the buyers are spread across five continents and that MarineMax was not involved in any of ...
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NewsGreek builder to provide limousine tender for major SY project
Greek boatbuilder Onda Tenders has announced the sale of another custom 321L limousine tender designed in collaboration with the Scandinavian studio Mannerfelt Design Team.
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NewsYamaha Motor’s share price jumps 13% on Q3 results
Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results
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NewsShowtime with IBI
With just a few days to go, IBI is gearing up to what promises to be the biggest and best METSTRADE yet – rest assured IBI has it covered
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NewsNetherlands steps up Dutch flag marketing
The Netherlands is stepping up marketing of its registry of sea-going vessels and superyachts to generate more work for the Dutch maritime sector. It has launched a website – www.nlflag.nl – with details on vessel registration and certification, manning requirements and Dutch shipping and tax policies.
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NewsFairline expands dealer network
The UK’s Fairline Yachts has added Bush & Noble International Yacht Brokerage in Spain to its dealer network. A Dubai-headquartered operation with offices across the Middle East, Europe and the UK, Bush & Noble will trade as Fairline Southern Spain.
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NewsManagement changes at Turkish marina operator
Setur Marinas, Turkey’s leading marina operator with a portfolio of 10 facilities across the country, has made three executive appointments.
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NewsUK firm signs EchoPilot distributor deal
Marine Components International (MCI) in the UK has been chosen by Denmark’s Daniamant to distribute its British-designed EchoPilot forward-looking 3D sonar systems (FLS 3D).
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NewsMesse Frankfurt rebrands Cape Town show
Messe Frankfurt has rebranded the Cape Town International Boat Show, which from next year will be known as Boatica Cape Town. Show organisers are aiming to bolster show attendance to over 10,000 on the back of a recently enlarged show footprint featuring more exhibitors, luxury yachts, and interactive activities.
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Osculati reports strong 2019 results
Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...
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NewsOver 100 superyachts expected to visit Australia in 2020
Following the promotion of Australia and the South Pacific region at the Monaco and Ft Lauderdale shows, Superyacht Australia is anticipating that over 100 superyachts will visit the country next year. The America’s Cup races being held in Auckland, New Zealand in 2021 is a factor in this increase.
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NewsACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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NewsBalance Catamarans reports orders boost for new 482 model
Newly-launched Balance Catamarans Cape Town had confirmed five orders for the new Balance 482 on the back of a successful Annapolis show.
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NewsAxopar looks to major expansion over next two years
Launch of new Axopar 37 at Boot Düsseldorf to play a key role
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NewsMJM Yachts makes US$12m investment in North Carolina
MJM Yachts, the Boston, Massachusetts-based builder of “eco-friendly motoryachts”, is creating a new shipyard in Washington, North Carolina with a US$12m investment and the promise of creating more than 200 jobs over the next five years.
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News3rd International Superyacht Summit to be held in Dubai
Under the patronage of Dubai Ports World subsidiary P&O Marinas, the third edition of the International Superyacht Summit is to take place in Dubai next year from March 11-12.
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NewsStrong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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NewsTwo global firms win La Ciotat shiplift design-build contract
La Ciotat Shipyards in the South of France has awarded the design-build contract for a new 4,300-tonne shiplift to a partnership between French company Matière and US-based Bardex Corp.
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Mechanical Products appoints new sales rep
Mechanical Products Company (MP), the US-based circuit breaker specialist, has added IMDS to its team of sales representatives.
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NewsNo London Yacht Show until at least 2021
There will be no London Yacht Show in 2020. This was confirmed to IBI by Andrew Williams, president, Maritime for Informa, the owner and organiser of the event following its takeover of the former London On-Water Show in 2018. Informa is also the owner and organiser of other leading yacht ...
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