Sector News – Page 397
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Brunswick claims sales, share records at FLIBS
Amidst the introduction of three new boat models, Brunswick Corp says it set new sales and share records during the Ft Lauderdale International Boat Show (FLIBS).
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Multiflex appoints UK distributor
India-based steering and control manufacturer Multiflex has chosen Marathon Leisure as its sole distributor in the UK and Ireland.
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Asia-Pacific yachting moves forward on various fronts
The Asia-Pacific yachting market has been increasingly marketing itself in a bid to attract more and more superyachts in the region. With the Olympics in Japan next year and the America’s Cup being held in Auckland in May 2021, these promotional initiatives are showing results. Other events are also helping ...
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F3 Marina breaks ground on “giant boat vending machine”
Two-years in the making and just a few months behind its original aggressive schedule, F3 Marina has broken ground on what will be the second fully-automated dry stack marina in the US.
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Harken appoints SA distributor
Sailboat hardware and accessories manufacturer Harken has named Zenith International (Pty) Ltd as its newest authorised distributor for marine products in South Africa. The Cape Town-based company will trade as Harken South Africa.
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Greece prepares for slate of upcoming shows
The 2019 Athens Boat Show opens its doors from November 27 to December 1 at the former Olympic Fencing Centre in Ellinikon on the Athens Riviera Coast. Each year the show attracts thousands of enthusiasts from across Greece and abroad, looking for information about the latest products and services on ...
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Italian firm develops ultimate superyacht toy
An Italian company, iSpace2o, is developing a craft that is claimed to be able to attain planing speeds on the surface of the sea and to combine this with operating underwater. These combined talents of the advanced craft will make it a very appealing ‘toy’ for carriage on board a ...
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Majesty 140 wins ‘Best in Show’ Award at FLIBS
In a unanimous decision by the judges at the Ft Lauderdale International Boat Show (FLIBS), the Best in Show Award went to the Majesty 140, built in the UAE. This is the first time Majesty Yachts has exhibited at FLIBS.
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Italian builder expands Down Under
Italian boatbuilder Cranchi has appointed a new dealer and distributor for Australia. t|d Terence Dean, which is based in Melbourne’s Docklands at New Quay Marina West, has been involved in second-hand sales and brokerage for a number of years. However, this is understood to be their first dealership for an ...
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SA’s first Superyacht Training Academy opens in Cape Town
South Africa’s first-ever Superyacht Training Academy has officially opened in Cape Town.
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Hanse Yachts reports record turnover
Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008
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British boating magazines sold as part of £140m deal
TI Media (the former IPC Media Group and later Time Inc UK) has been sold by the Epiris private equity company to Future PLC, a UK-based publisher of consumer magazines and websites.
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Frigomar wins BMEEA Award
Italian HVAC specialist Frigomar has announced that its high-performance BLDC variable-speed, self-contained unit inverter was recently named Product of the Year by the British Marine Electrical & Electronics Association (BMEEA).
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Executive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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New SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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Marquis unveils revamped line, Lexus LY 650 at FLIBS
The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.
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Beneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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Ecoworks Marine enters US market
Ecoworks Marine, a UK manufacturer of environmentally friendly cleaning products for boats and yachts, has chosen Pragati Yacht Services to distribute its brand on the US market.
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X-Yachts buys Swedish powerboat builder
Danish sailboat producer X-Yachts has entered the powerboat market with the acquisition of HOC Yachts in Sweden.
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New marina planned for German island
With plans to overhaul the marine infrastructure of Germany’s Heligoland island in the North Sea, local authorities are planning to build a new marina with more berthing capacity than the existing marina which currently accommodates around 120 boats.