Sector News – Page 399
-
News
Pacsoft International sold
Jonas Software has acquired marina management software specialists Pacsoft International for an undisclosed sum.
-
News
Aquatic AV expands UK presence
Aquatic AV, a US manufacturer of specialist waterproof AV equipment, has appointed Marathon Leisure as its exclusive distributor in the UK.
-
News
French equipment firm opens Lorient site
Karver Systems, a French manufacturer of high-end sailboat equipment, has moved its sales department to Lorient La Base in Brittany. The company has also hired a new designer and an export sales rep.
-
News
Brazilian group opens marina number eight
BR Marinas Group, the largest business group within its segment in Brazil, is to open a new marina in the historic city of Paraty, a UNESCO World Heritage site located in Rio de Janeiro state. The investment is said to be worth some US$2.3m.
-
News
UK Docks buys Royal Clarence Yard
UK Docks, a British ship repair firm with facilities on Tyneside, Teesside, Plymouth and Gosport, recently acquired the 5.7-acre Royal Clarence Yard in Gosport, a former military site that offers access to deep water.
-
News
Matrix Yachts files for liquidation
Cape Town luxury catamaran builder Matrix Yachts has applied for voluntary liquidation in the Cape Town High Court.
-
News
Go Earth introduces Automatic Fender System
Go Earth is introducing an Automated Fender System (AFS) to handle deployment and lifting of fenders on any size boat at the touch of a button using a smart phone or tablet app and Bluetooth.
-
News
Ferretti Group cancels planned IPO
Despite strong sales results and reported investor interest in an IPO offering 30% of the Italian yacht builder’s shares, the Ferretti Group nevertheless decided to pull the plug on the public listing in the final hours of the offer period. The builder cited deteriorating conditions in the financial markets which ...
-
News
Tough Q3 for Volvo Penta
Volvo Group reported financial results for the third quarter of its 2019 fiscal year today, revealing a difficult quarter for its Volvo Penta marine division.
-
News
New French technical consultancy established
After working for the Federation des Industries Nautiques (FIN) for 20 years as its technical manager, Gregiore Dolto has established his own consulting company – CTN Conseil (Connaissances Techniques du Nautisme).
-
News
French marina operator buys Dutch marinas
French marina operator Port Adhoc has signed a contract to acquire three marinas in the Netherlands from local group Thuishavens.
-
News
Big superyacht contract for VABO Composites
VABO Composites of the Netherlands is building one of the largest composite arrangements ever in the superyacht industry: the superstructure and mast of a yacht of Feadship member Royal Van Lent.
-
News
Owner of illegal Miami charter gets federal prison time
Dallas Ladd will serve 30 days in federal prison as the result of an illegal charter operation he ran, despite US Coast Guard warnings to cease and desist. The 38-year-old Miami Beach, Florida resident is also prohibited from owning or even boarding a boat for three years after his release, ...
-
News
New aluminium boat builder enters SA market
Mountain Marine, a new Cape Town aluminium boat builder, has launched itself into the local market with two major custom projects.
-
News
2019 Barcelona show attracts strong crowd
The 2019 Barcelona International Boat Show ended its five-day run on Sunday, bringing the show’s most sustainable edition ever to a close.
-
News
Hansen Protection expands UK presence
Ocean Safety, specialists in the worldwide supply, distribution, service and hire of marine safety equipment, has been appointed by Hansen Protection to distribute their range of emergency immersion suits, work suits and thermal protection suits in the UK and Ireland.
-
News
US powerboat registrations flat in August
New powerboat registrations in the US were down less than one percent in August, according to the National Marine Manufacturers Association’s (NMMA) 12-month, year-over-year rolling scale while down 2% on the rolling three-month, year-over-year basis.
-
News
Cape Town welcomes famous superyacht for boat show weekend
South African maritime stakeholders have welcomed one of the world’s premier superyachts just days before the start of the Cape Town International Boat Show this coming weekend.
-
News
Bahamas marinas ‘closing ranks’ following Hurricane Dorian
Following the destruction of five marinas in the path of Hurricane Dorian that slammed the Bahamas in August, the Association of Bahamas Marinas (ABM) is “closing ranks” in an effort to hasten recovery, according to ABM executive director Basil Smith.
-
News
US$3.1m grant helps pay for Palm Beach marina facelift
Palm Beach, Florida received some relief in its US$33.6m Town Marina reconstruction project in the form of a US$3.1m State grant from the Florida Inland Navigation District.