All articles by Subscriber-only – Page 201
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Ferretti, Sanlorenzo unlikely to bid at Perini Navi auction
The two builders say the minimum asking price is too high
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New Parsun F115 outboard motor rolls off production line
Leading Chinese manufacturer launches its most powerful engine to date
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US Senators launch GPS protection bill
Bipartisan legislation aims to protect US GPS users impacted by proposed 5G IoT network
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Labour shortage the latest challenge for northern US boatbuilders
A low unemployment rate and intense competition for skilled labour combine to drive up wages and challenge employee retention
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Nobiskrug’s insolvency process enters new phase
Talks ongoing with a number of potential investors
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NMMA releases 2020 US import-export stats
Hot US domestic market results in near 24% decline in exports, 2% rise in imports
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Drew International acquires Trac Ecological
Acquisition provides entry point into global yacht and leisure boat market
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St Francis Marine expands fleet with new cruising cat
Tooling on the new 46ft model to begin this month
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Egypt floats plans to promote yacht tourism
Efforts began in earnest last year, when the country broke ground on a 45,000m² yacht harbour on the Sinai Peninsula
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Finnish fund manager invests in local boat design firm
Navix designs, manufactures and sells boat parts
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Lloyd’s Register sheds cyber-security, other units to focus on growth areas like yachts
The sale of BA&IS is bound to benefit the yachting sector
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X Shore invests in “sustainable” boat factory
Swedish electric boat builder opens new factory in Nyköping
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Marine insurer buys Florida-based maritime claims specialist
Acquisition allows Sedgwick to offer more diverse service across Americas and Caribbean
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M/V Ever Given cleared to sail on July 7
Suez Canal container ship loaded with Yamaha product to be released by Egyptian authorities this week
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Dutch boating sector sees no quick end to post-Covid market turmoil
HISWA says Covid-19’s damage to the Dutch sector has been uneven
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Premier Marinas expands portfolio with acquisition of 10th UK marina
Premier is one of the UK’s largest marina operators
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Dometic buys fourth solar power solutions specialist
Expansion in the fast-growing market for mobile power solutions is a strategic priority
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FIN issues Cannes Yachting Festival statement and reasserts ownership
The Fédération des Industries Nautiques (FIN) has acknowledged Reed Expositions’ right to manage the show but as a result of the court ruling states that it is the rightful owner
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Pantaenius Australia opens new Queensland office
Boat insurance specialist now based at The Boat Works