Sector News – Page 424
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Green initiatives take centre stage at DIBS
The 27th edition of the Dubai International Boat Show (DIBS), which closed on Saturday 2 March, revealed a growing interest in environmentally friendly boats and propulsion systems.
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US wholesale powerboat shipments up in 2018
2018 closed as the ninth consecutive year of growth for the US boating industry, according to the latest statistics from the National Marine Manufacturers Association (NMMA).
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CIBS 2019 to host Business Development Conference
The organisers of the 2019 China International Boat Show (CIBS) in Shanghai have announced that an ‘industry breakfast’ for high net worth investors and leading companies will be taking place at this year’s event, allowing participants to share best practices and to discuss the most topical issues facing the industry ...
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Icon, Sunseeker partnership gets thumbs up
Five months after Britain’s Sunseeker Yachts announced Icon Yachts of the Netherlands will build its 49m flagship in aluminium, the two yards are in good spirits. They say their partnership in building the Sunseeker 161 yields cross-contamination of expertise, and is bound to trigger more joint projects without stopping either ...
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Guidi appoints UK distributor
Italian marine accessories manufacturer Guidi has chosen Marathon Leisure to distribute its complete range of nautical plumbing fittings in the UK and Ireland.
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Horizon opens second Florida location
Taiwan’s Horizon Yachts celebrated the opening of its second Florida location at the Hall of Fame Marina in Ft Lauderdale last month with a Winter Showcase Open House.
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Dutch yard targets 30m-50m superyacht market
The 2018 sale of its 36.3m Brigadoon, the refit of a 42m yacht earlier this year, the launch of a second 36m yacht in 2020, and new management are all lifting spirits at Dutch shipyard Moonen Yachts.
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UAE to introduce 180-day cruising permit
The UAE is planning to introduce a 180-day cruising permit once a number of outstanding points have been resolved. The initiative forms part of the country’s future strategy to attract more superyachts to the region, and its ambitions to develop the UAE’s marinas – particularly in Dubai – for winter ...
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Winners of the TYHA Marina of the Year Awards announced
The Yacht Harbour Association (THYA) in the UK has announced the winners of its prestigious Marina of the Year Awards.
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Blue Guard expands Middle East presence
Blue Guard Innovations (BGI) in the US has chosen Exalto-Emirates Marine Equipment Ltd to distribute the company’s products in the Middle East.
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Ocean Alexander debuts first outboard model
The first outboard-powered yacht from Ocean Alexander made its world debut at the 2019 Miami Yacht Show this month. Designed by Evan Marshall, the Divergence 45 is a centre-console design powered by four Mercury Verado 350 engines.
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Peters & May appoints Customs Advisor in run-up to Brexit
Peters & May, the UK-based logistics firm, has hired a new Customs Advisor in the run-up to Britain’s departure from the EU next month.
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Balance Catamarans in South African joint venture
Balance Catamarans has confirmed a second South African joint venture to build a new range of Balance custom and semi-production catamarans.
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Oceanco unveils new explorer SY concept in Dubai
The unveiling of a new superyacht concept by Oceanco has been a regular feature at the Dubai International Boat Show (DIBS) for several years, and for 2019 that concept is the 105m Esquel explorer superyacht. Oceanco says the design was “conceived and designed to explore new territories”.
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MB92 Group restructures
Superyacht refit and repair firm the MB92 Group has announced a series of structural changes in anticipation of its next phase of growth. The company says it is expecting increased activity at its yards in Barcelona and La Ciotat in the wake of two new shiplifts – a 4,800-tonne platform ...
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Ottawa Boat Show posts attendance gain
New show features and mild temperatures helped bolster crowds at the 44th Ottawa Boat Show, which was held from February 21-24 at the EY Centre in Canada’s national capital.
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New Dutch builder launches ‘circular’ catamaran
A new yacht company in the Netherlands, Vaan Yachts, has introduced its first-ever model. The Vaan R4 is a 12.8m (42ft) catamaran made from ‘circular’ materials, including recycled aluminium, cork and plant-based alternatives for leather.
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New SY brokerage forms in Italy, France and Switzerland
A group of European yacht brokers has joined forces to create Equinoxe Yachts International, a new company dedicated to the purchase and sales of superyachts.
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US$500k State grant helps yacht-maker create 50 jobs
Daedalus Composites has plans to renovate its Edenton, North Carolina plant