Sector News – Page 428
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New marine brand strategy for Lippert Components
Equipment conglomerate to brand all marine products under the Taylor Made marque
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Cayman Registry continues to dominate world superyacht fleet
The Cayman Islands Shipping Registry (CISR) continues to dominate the flagged superyacht market, according to the latest CISR statistics.
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Exhibitors pleased with Toronto show results
Boatbuilders and dealers exhibiting at the 61st Toronto International Boat Show appear pleased with the results of the 10-day event, despite lingering frustration over a 10% federal tariffs on US-made boats.
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Trade wars impacting whole of US economy
Trump tariffs to restrict GDP growth by an average of 0.1% per year for the next decade if they remain in place
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New product line boosts Nautor’s financial performance
At its boot Düsseldorf press conference last week, Finnish yacht-builder Nautor’s Swan said that the renewal of its product range has contributed to enhancing its financial performance.
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True North Powerboats sold
Catalina Yachts in Largo, Florida has acquired Downeast cruiser manufacturer True North Powerboats for an undisclosed sum. The moulds for the True North 34, True North 34 Outboard Express and True North 38 are being moved to the Catalina plant and production will begin this year.
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Irish capital to get boat engine showroom?
Dun Laoghaire on Dublin Bay, Ireland will get a new ‘boat engine showroom’ if planning permission is granted at a West Pier site in South Dublin Harbour.
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Bolton Marine acquires Daigle
Canadian aluminium boat builder Bolton Marine Group announced this week that it has acquired Daigle Marine, a British Columbia-based manufacturer of welded aluminium yachts and commercial workboats. Terms of the transaction were not disclosed.
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British marine firm to appear in BBC program on Brexit
Barton Marine CEO outlines the impact Brexit will have on her company for BBC television show
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Fountaine Pajot emphasises growth following Dufour investment
The Fountaine Pajot (FP) group, which since last year includes Dufour, emphasised its new status at boot Düsseldorf last week, indicating that it is now a leading player in the European boating market.
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First Mazu 82 sold to Turkish owner
Turkey’s Mazu Yachts has announced the sale of Hull No 1 of its latest model, the Mazu 82, to a Turkish owner. At 82ft, it is the company’s largest yacht yet and comes on the heels of its successful 38ft, 42ft and 52ft models.
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French luxury services firm opens yacht division
Barnes, a company based in France that provides tailor-made services to a wealthy French and international customer base, has established a new division offering a suite of yachting services. The news follows the company setting up other new ventures covering art and wine.
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Sunseeker on track for strong financial year
The UK’s Sunseeker International is said to be on plan for the current financial year. Sean Robertson, Sunseeker’s sales and marketing director, told IBI at boot Düsseldorf that the company is “lining up for a good, clear profit year”.
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Florida Keys fight Airbnb yacht rental
Monroe County, Florida – which is made up entirely of the Florida Keys – is cracking down on Airbnb rentals, and has its first-ever test case pending against the owner of a 40ft sportfishing yacht.
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MarineMax names head of MA stores
MarineMax, America’s largest boat retailer, has named Adam Cooper as general manager of its Massachusetts stores – MarineMax Russo Danvers, MarineMax Boston and MarineMax Russo Hingham.
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Uniesse Marine appoints global representative
Uniesse Marine Group in the US has appointed IYC-The International Yacht Company as its exclusive global representative.
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Dutch builder targets US market
Dutch builder Steeler Yachts, fresh from picking up a Powerboat of the Year award at boot Düsseldorf, has announced that they will be opening an office in the US on February 1.
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MARX replaces Volvo Penta as Tohatsu distributor in Germany
Tohatsu names new distributor for Germany; introduces new outboards at Düsseldorf
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Sirena Marine plan new yard to build larger motoryachts
To cope with demand and give it the ability to build larger yachts, Sirena Marine is looking for a site for a new shipyard that it hopes will be operational in the next year. Few details are known at this stage, but IBI understands that more information is forthcoming in ...
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First Arksen model to be built in April
The official launch of the UK-based Arksen brand was held at boot Düsseldorf this week. Three yacht sizes are planned for the new series – the Arksen 70, Arksen 85 and Arken 100.