Sector News – Page 426
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NewsLarge crowds gather for Miami show
Around 100,000 visitors from around the globe are expected to descend on South Florida today through Sunday for the Miami International Boat Show (MIBS), Miami Yacht Show and Super Yacht Miami, with nearly 2,000 boats and 1,000 exhibitors selling everything and anything to do with boating.
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NewsEvinrude donates $2m in engines to ABYC foundation
Sturtevant, Wisconsin-based Evinrude Outboards, the National Marine Distributors Association (NMDA) and the American Boat and Yacht Council (ABYC) jointly announced today that the engine builder will donate US$2m worth of Evinrude G2 3.4L V6 outboards to the ABYC Foundation in support of its marine technician training program.
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Fore Points Marina on schedule for mid-May opening
Portland, Maine is hoping its new Fore Points Marina will further transition the city from a provisioning layover to a destination. When the 150-slip luxury marina opens in May, it will be able to accommodate 15 superyachts with an “unlimited” maximum length.
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NewsWeather hampers Montreal show attendance
An unfortunately-timed winter storm that brought icy winds, temperatures in the -20C range and multiple road closures is being blamed for lower crowds at the 20th annual Montreal Boat and Water Sports Show, which was held from January 31 to February 3 at the Place Bonaventure exhibition complex.
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NewsDometic Group posts record 2018
Dometic Group reported record sales and earnings for its 2018 year-end and fourth quarter results. The marine segment is playing a bigger part in the Swedish equipment company’s success.
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NewsSolid sales at Gothenburg show
Exhibitors at the 60th Gothenburg Boat Show, which closed on Sunday after a 10-day run, have reported strong sales. In total, around 56,792 people visited the Swedish show (56,892 in 2018), which is seen as a barometer of the Nordic boat market.
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NewsMasterCraft, MarineMax partner on new Aviara line
MasterCraft Boat Holdings, parent company of NauticStar, Crest and MasterCraft Boats, has entered an exclusive national distribution deal with boat and yacht retail giant MarineMax on MCBH’s new Aviara brand of boats.
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NewsBenettti sells first Diamond 145
Italy’s Benetti Shipyard has announced the sale of its first Diamond 145 model, the 44m displacement yacht presented last September at the 2108 Cannes Yachting Festival. The new flagship in the Class product line is a yacht that symbolises power and balance.
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NewsUS equipment company Lippert reports 15% growth
Lippert Components is on a fast-track to diversify from the RV sector by expanding in marine markets and other adjacent industries
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NewsMasterCraft posts record Q2 results
Tennessee-based MasterCraft Boat Holdings Inc, manufacturer of the MasterCraft, NauticStar and Crest Marine boat brands, reported strong growth for the second quarter of its 2019 fiscal year.
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NewsPalumbo invests €6m in new syncrolift
A new syncrolift is now operating at Palumbo Superyachts’ shipyard in Ancona, Italy.
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NewsWakeboats could be sunk under proposed Vermont legislation
A US bill that would ban wakeboats and effectively ban wake-surfing in parts of Vermont will be vigorously opposed by the Watersports Industry Associate (WIA) and the National Marine Manufacturers Association (NMMA).
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New Balmar distributor for Belgium and France
Balmar, the DC charging solutions specialist from the US, has chosen Xlokk Enterprises to distribute its products in Belgium and France.
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NewsMalibu posts strong Q2 results
Malibu Boats in the US has posted strong second quarter results on the strength of recent new model introductions and improved operational efficiencies.
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US builder expands South Florida facility
SeaHunter Boats has announced plans to nearly triple its Miami, Florida campus, allowing the maker of offshore centre console boats to double its manufacturing capability and add an additional 75 jobs to its workforce.
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NewsDutch builder reports strongest year ever
Zeelander Yachts of the Netherlands has revealed that 2018 was the company’s most successful year ever, with a 30% increase in new motoryacht sales. The Dutch builder also has a solid order book for 2019 and a new flagship due for delivery this spring.
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NewsBritish motoryacht brand restructures
UK motoryacht brand Birchwood, which is more than 50 years’ old, is planning to relaunch following a crowdfunding initiative. The company has plans for several new models.
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Grenada marina expansion underway
Port Louis Marina, on the island nation of Grenada, is set to begin expansion plans this spring with a larger, renovated facility ready for use by August.
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NewsGreece extends marina privatisation plans
Greece’s privatisation agency, the Hellenic Republic Asset Development Fund (HRADF), is moving forward on two more marina privatisation projects in Mykonos and Rhodes. The news follows the acceptance, earlier this year, of an improved bid for Chios Marina. Meanwhile, the finalisation of the Alimos Marina privatisation is still awaited.
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NewsWinnebago CEO on Chris-Craft growth plans
Winnebago Industries in the US has big plans for its iconic Chris-Craft boats subsidiary, which the iconic recreational vehicle maker acquired last June: increase the number of model offerings and boats produced, increase the size of the manufacturing facility and a corresponding increase in workforce.
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