Sector News – Page 417
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Dutch SY builder acquires new build halls
Dutch superyacht builder Oceanco has acquired two large build halls from Heerema Fabrication Group, a builder of offshore constructions that has fallen victim to deep cuts in investments in the oil and gas industry.
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Canada’s tariff concession just part of the plan
The Canadian government’s lifting of retaliatory tariffs on boats manufactured in the US was welcomed and appreciated by both countries’ boating industries, but it was no accident according to one official involved in the process.
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Balmar appoints Swedish distributor
US-based Balmar DC Charging Solutions has appointed Start & Generator as its distributor for Sweden.
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Canada rescinds 10% tariff on US-made boats
Removal of retaliatory tariffs seen as a critical first step toward elimination of US section 232 tariffs and ratification of USMCA trade agreement
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Reclamation project set to impact boating businesses and SY berthing in Gibraltar
Marine businesses will have to be relocated following green light for reclamation of Gibraltar dockyard area
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Navigare Yachting partners with Fraser Yacht Sales in Vancouver
Navigare Yachting brings Vancouver dealer Fraser Yacht Sales to distribution network
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Damen Shipyards, Adriatic Marinas launch recruitment for yacht repair facility
New luxury yacht repair yard begins recruitment
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AIMEX announces board appointments
Kane Bygrave, Steve Fisher join BOD for Australian marine industry export trade group
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Evinrude named official engine supplier to America's Cup challenger
Evinrude to outfit American Magic’s fleet of chase boats with 300 HP E-TEC G2 engines
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US senator links end to aluminium & steel tariffs to passage of USMCA
Charles Grassley calls for the end to the Section 232 aluminium and steel tariffs targeting Mexico and Canada
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US Treasury Secretary: negotiations with China in “final lap”
Deal could be reached by end of June
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Turning to crowdfunding, Dutch eye bare-bones America’s Cup budget
Dutch entry for the 36th America’s Cup in 2021 still to find a main sponsor
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Sirocco Marine Annapolis expands as demand for RIBS grows in US
Dealer claims sales of large RIBs taking off in 2019
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YPI expands office network to Greece
Initial focus on brokerage and charter followed by management
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Croatia risks shift in yacht tourism to Greece and Turkey as fees rise
Country watching to see if higher prices and fees are sending yachters to new locations
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New exclusive North American distributor for BCM-Benedetti Lighting
Two companies come together to provide expanded LED lighting offering to boatbuilders, yards and dealers in the US and Canada
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Cox Powertrain names Spanish distributor
Solé Diesel to represent UK firm’s outboard diesel engines in Spain
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Bluefin LED grows presence in Turkey
Bluefin LED in the UK has chosen Arti Marin to act as its distributor in Turkey.