Sector News – Page 398
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Maskinfabriken appoints European sales rep
Swedish steel specialist Maskinfabriken G-C AB has chosen IMDS to represent sales of its G-C Boathandling Systems product range in Europe. IMDS will be responsible for facilitating the sale and engineering support of the product portfolio into new customers in the European market.
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Asia-Pacific Boating magazine to close this month
Asia-Pacific Boating magazine, one of the main dedicated publications for the marine leisure industry in Asia, is to cease publication at the end of this month with the closure of Blu Inc Media, the Hong Kong-based publisher of the title. Blu Inc Media is a subsidiary of Singapore-based SPH Group ...
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Swedish equipment maker Dometic reports a 2% rise in Q3 revenues
Dometic President and CEO Juan Vargues presented a confident picture of the company’s prospects amidst a ‘challenging global trading environment’ and affirmed plans for further acquisitions and significant restructuring
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Bertram to expand into outboard sportfish products
US boatbuilder Bertram Yachts today announced that it is planning to expand its range of offshore fishing boats to include a comprehensive line-up of outboard-powered products.
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Duarry appoints UK distributor
Marine Components International (MCI) has signed an exclusive contract to distribute the latest range of Duarry liferafts for the yacht and motorboat sectors in the UK. The deal will be officially launched at the upcoming METSTRADE Show in Amsterdam.
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ABYC announces dates for 2020 Standards Week
The American Boat and Yacht Council (ABYC) has announced its 11th annual ABYC Standards Week will take place from January 6-10, 2020 in New Orleans, Louisiana.
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Record turnout for 21st Biograd Boat Show
Perfect weather helped boost attendance levels at this year’s Biograd Boat Show, which ran from October 17-20 in Biograd, Croatia.
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Greek government to convert small harbours into marinas
The Ministry of Tourism in Greece and Minister Harry Theoharis recently decided to investigate a plan to develop the country’s peripheral marinas, especially those on some of the smaller islands.
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Brunswick’s Q3 net sales down 5.7%
US-based Brunswick Corporation reported financial results through the end of September showing anticipated declines in top-line revenues, but exceeding earnings expectations
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Shortlist announced for IBI-METSTRADE Boat Builder Awards for Business Achievement 2019
A total of 36 companies from 15 countries have been named as potential winners for this year’s Boat Builder Awards for Business Achievement 2019, in association with Raymarine.
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Delayed Tampa Boat Show opens Friday
Delayed by more than a month under threat from Hurricane Dorian, the Tampa Boat Show opens officially on Friday, following a “VIP Sneak Preview” on Thursday evening.
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Ireland Afloat buys Glasgow-based Yachting Life
The Irish online yachting news outlet, Afloat.ie, has recently acquired Scottish boating magazine Yachting Life, the future of which was in doubt following the takeover of the company by a large international publishing group headquartered in Germany.
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Marseille eyes new marina for 2024 Olympics
The municipal authorities of Marseille are deliberating on a project worth around €25m (US$27.5m) to build a new marina for the Olympic Games that are scheduled to take place in France in five years.
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Strong sales at 2019 Auckland On Water Boat Show
New Zealand’s 21st Auckland On Water Boat Show ran over last weekend (October 3-6) and positive results have the New Zealand marine industry feeling buoyant.
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Tender call for Greek marina concession
Greece’s Hellenic Republic Asset Development Fund (HRADF) today invited invitations from interested parties for a concession of at least 35 years at Itea Marina through an advertisement in The Financial Times. It is the latest move in the country’s privatisation plan for a number of marinas and tourist ports.
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Industry rallies behind 1st Thailand Charter Week
The first Thailand Charter Week is producing strong interest from regional and international companies in the charter and marine tourism sector. The show is anticipated to have a successful first edition at the Phuket Yacht Haven venue, with 22 yachts confirmed so far.
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Polaris Q3 revenues up, but not in marine
Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.
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2019 DAME shortlist revealed
The jury of the DAME Design Award 2019 competition has announced that 59 products from a total field of 118 entries spanning 27 countries have been nominated to enter the final rounds of judgement. Each nominated product will be available to view within the special DAME Design Award exhibition at ...
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Grand Banks revenue hits 10-year high
The luxury yacht builder said seven new orders have boosted the Group’s order book to S$52.8m in the first quarter
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Sunseeker confirms sale of first flagship 161 Yacht
Following multiple sales during the recent Monaco Yacht Show, Sunseeker and ICON Yachts today announced the sale of the company’s first 161 Yacht with the client signing a Letter of Intent. The deal was brokered by Sunseeker Monaco, part of the Sunseeker London Group.