Sector News – Page 406
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NewsAB Inflatables to launch new jet tender model
AB Inflatables, the RIB manufacturer, is to launch a new jet tender model in the 4m range.
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NewsMoonen Yachts under Australian ownership
Moonen Yachts, the Dutch superyacht builder that went bankrupt this summer, says Matthew and Louise Baxter of Australia are its new owners, replacing Mexican steel giant Altos Hornos de Mexico (AHMSA).
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NewsThe Moorings announces new range of powercats
New 534PC features solar panels, modern interiors and underwater lights
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NewsBuster launches updates of its most popular models
Europe’s largest aluminium boat manufacturer announces overhaul of two of its best sellers
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NewsPolaris, Wells Fargo extend financing relationship
Dealership financing joint venture to now run through 2027
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Camper & Nicholson Asia expands network to Australia and New Zealand
Ray White Marine appointed exclusive representative for region
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NewsBainbridge and Rock Oil in technical partnership
UK distributor now offering Rock Oil range of high-performance oils and lubricants
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NewsPrincess Motor Yacht Sales to open marine service centre at Saxon Wharf
Distributor signs 10-year lease at MDL Marina in Southampton, UK
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NewsBrazilian builder bullish on local sailboat market
With the Brazilian economy heating up, local boatbuilders are targeting innovation in an attempt to deliver world-leading yachts that are different from the rest. This is the case with MCP Yachts, whose latest project is the Global Exp 66 sailboat.
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NewsTrump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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NewsUK-based law firm to open Monaco office
HFW, the UK-based international law firm, has announced that it is boosting its global yacht practice with the launch of a Monaco office. It will be staffed by a team led by partner Andrew Charlier, former global head of yachts at Ince & Co.
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NewsNew marinas to be built in Greece
The Greek island of Leros in the eastern Aegean Sea is to host a new marina. A concession agreement to construct a marina in Ormos Alindon was signed by ex-Tourism Minister Thanassis Theocharopoulos just before the start of the recent Greek elections.
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NewsSpate of yacht incidents sees fire, collision and death
Three events over the past week or so in Phuket, Cairns and Cannes involving two superyachts and a smaller craft have resulted in a major fire, a collision, and the death of a British superyacht crew.
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NewsSY services firm anticipates ‘better than expected’ full-year results
After a challenging 2018, the Global Yachting Group (GYG) has issued a trading update that suggests the “positive momentum” experienced in the first half of 2019 will result in a “profit performance for the full financial year that will be ahead of current market expectations”.
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NewsEnterprise Florida creating jobs through export growth
With only 4% of US companies exporting goods, state organisations like Enterprise Florida play an important role in helping businesses move into foreign markets with the goal of stimulating job growth through export growth. So, it’s no surprise that nine of the 13 US exhibitors at the Sydney International Boat ...
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NewsMaritimo pursues ambitious global expansion plan
An active new model launch programme, major facility investment, and increasing the global reach of its international dealer network are all facets of the ambitious expansion strategy for Maritimo, the Australian luxury yacht builder.
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Polish boatbuilder to invest $3.9m in new production hall
Polish boatbuilder Northman has unveiled plans to invest some PLN 15m (US$3.9m) to build a new production hall. The project is related to increased demand for the manufacturer’s craft.
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NewsInflatable watercraft, paddles gain exemption from US tariff list
The Office of the US Trade Representative (USTR) has announced that certain inflatable boats, kayaks, canoes and paddles have been excluded from a list of Chinese imports subject to tariffs.
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Yacht broker sues developer for US$725,000 commission
A pair of lawsuits that span the Eastern seaboard of the United States are pitting a New York real estate developer against his long-time yacht broker who claims he was cheated out of a US$725,000 sales commission.
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NewsRolls-Royce to rebrand Power Systems division
UK engineering group Rolls-Royce has announced that it is planning a rebranding of its Power Systems division which includes the core MTU brand. The latter is a top provider for supplying engines for superyachts.
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