Sector News – Page 420
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Trade Court rules Trump has authority on steel and aluminium tariffs
Trump administration currently deciding whether to impose tariffs on auto imports
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Furuno Deutschland adds the Netherlands to its distribution network
The wholly-owned German subsidiary is now responsible for distribution of all recreational boating products for the Japanese electronics manufacturer in Germany, Austria, Switzerland and the Netherlands
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Cala del Forte marina to open later this year
The new Cala del Forte marina, located at Ventimiglia in the Ligurian region of northern Italy, is now entering its final phase of development as it prepares for full operation by the end of 2019. The new facility is the first to be operated by the Ports of Monaco outside ...
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Beneteau endorses NEOLINE's wind-powered transatlantic shipping project
Groupe Beneteau has confirmed its interest in the NEOLINE project for the transatlantic transportation of its boats to the US. NEOLINE is currently developing an energy-efficient transatlantic transport line with cargo sailing ships specialised in rolling and oversized freight. Scheduled to start up in 2021, this route will link Saint-Nazaire ...
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New superyacht event launches today
The three-day Superyacht Gathering opened today in Auckland, New Zealand. Organised by industry professionals Linda Berry and Elle Brade, the event is an evolution of the previous, successful Yacht Vision conference along with smatterings of the long-gone NZ Days in Palma de Mallorca.
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Dream Yacht Charter opens new US bases
Dream Yacht Charter, the world’s largest privately owned yacht charter firm with a fleet of over 1,000 boats, has teamed up with Navtours to open new bases in Newport, Rhode Island and Lake Champlain, New York.
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Port of Fort Pierce yard deal delayed
St Lucie County, Florida selected Derecktor to lease and operate a megayacht repair centre at the Port of Fort Pierce in November of last year, with negotiations to take no more than three months and a contract signed by 5 March 2019 – a timeline obviously past.
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New boat show planned for Martinique
The Caribbean island of Martinique, part of the French West Indies, is to host its first-ever boat show in May. Organised by CACEM (the Central Agglomeration Community of Martinique), the inaugural Martinique Boat Show will be held from May 16-19 at L’Etang Z’Abricots Marina.
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More details emerge on Turkish charter crisis
As reported yesterday, Turkey appears to be prepared to ban foreign-flagged boats from operating as charter vessels in Turkish waters for the 2019 season. IBI has learned additional details from local sources about the sudden shift of policy, including a yacht charter firm active in the country for many years. ...
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Superyacht Captains’ Forum attracts strong crowd
Over 350 guests attended the Superyacht Captains’ Forum in Viareggio, Italy last week as part of the 9th edition of YARE (March 20-23), the international aftersales and refit event dedicated to the superyacht sector.
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Harris named Iconic Marine Group COO
Iconic Marine Group (IMG) in the US has tapped company veteran Jeff Harris as the new chief operating officer for the parent company of Baja, Donzi and Fountain boats.
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US outboard engine sales reached a 12-year high in 2018
NMMA has released the first section of its annual statistical abstract detailing trends in the dynamic outboard segment
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FLIBS 60th to feature new Superyacht Village and marina
The Fort Lauderdale International Boat Show (FLIBS) is making a splash for its 60th anniversary in 2019 with Superyacht Village, a new dedicated marina and on-shore exhibit space for the largest yachts of the show.
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KingFisher named one of Canada’s best-managed companies
Vernon, British Columbia-based boatbuilder KingFisher Boats has been named one of Canada’s top employers as part of the 2019 Best Managed Companies program.
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Legal hurdles facing Russia's boating market
Boat show session highlights the regulatory challenges facing development of leisure boating in Russia
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Turkish yacht tourism on verge of new crisis
Turkey may ban yacht charter companies with foreign-flagged vessels from operating in the country this season.
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Hong Kong to open first Superyacht Management Services Centre
In a move which indicates China’s growing support for the leisure marine industry in Hong Kong, the Hong Kong Cruise & Yacht Industry Association (HKCYIA) has reached a partnership agreement with China Merchants Industry Holdings Co Ltd for the establishment of Hong Kong’s first Superyacht Management Services Centre in Tsing ...
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UK shipyard up for sale
Following the announcement last November that Babcock, operator of the UK’s Devonport naval dockyard in Plymouth, was going to close its Appledore Shipyard in North Devon, the facility has now been put on the market.
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UK timber modification firm expands in Europe
Lignia Wood Company, a British timber modification business, has chosen Global Timber to distribute Lignia Yacht – its real wood alternative to Burmese teak deck – across Europe. The news comes not long after Lignia signed its first major distribution agreement with US-based Teakdecking Systems for the North American market.
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First Arcadia Sherpa XL on schedule for Cannes 2019 launch
Italy-based Arcadia Yachts has announced that construction of its first 24m Sherpa XL ‘pocket megayacht’ is proceeding rapidly and is on schedule for its global debut at the 2019 Cannes Yachting Festival in September.