All articles by Subscriber-only – Page 49
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Hong Kong to review marina and sheltered harbour provision
Government meeting scheduled to discuss recommendations
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Chinese manufacturers learn to live with US tariffs but concerned about future
IBI speaks to Chinese manufacturers exporting to the US at IBEX
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São Paulo show surpasses US$100m in sales
With more than 600 boats sold, São Paulo Boat Show consolidates itself as the largest nautical event in Latin America
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Senator Graham: whale proposal will hurt South Carolina port and boating
Senator Lindsey Graham, a South Carolina Republican, says final rule on protecting the North Atlantic right whale is an unnecessary imposition on recreational boaters
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Marine surveillance business suffers £4.5m loss in first half of FY2022-23
Revenues heavily weighted to second half
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UK builder secures private investment to strengthen brand
This new investment comes from two private sources
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French builder invests in new models, electric yachts after successful fundraiser
The company is also looking to expand in foreign markets including the US and Mexico
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Golden Yachts to invest €32m in new shipyard and floating dock
Company’s third yard to meet anticipated new superyacht orders
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Saxdor Yachts expands to meet strong demand
CEO Erna Rusi expects the new Saxdor 400GTO to create a “tsunami” in the market
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Garmin eager to move forward with JL Audio integration
JL Audio and Fusion brands to operate independently in premium end of marine audio market
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IBEX keynote: Economist predicts US recession in 2024 to be short-lived
Connor Lokar, senior economist with ITR Economics, tells IBEX the boating industry should use the slowdown to prepare for recovery in 2025
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White House reassures South Africa on importance of preferential trade legislation
The US has moved to reassure South Africa regarding access to a trade deal that is vital to SA boat exports
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Wajer Yachts to double in size; Will reveal net-zero fleet strategy in 2024
MD Dries Wajer wants to make the company twice as big in the next three or four years
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US boating industry largely unchanged, but can serve as unifying example
NMMA president highlights importance of individual advocacy for the issues facing the boating industry at annual IBEX address
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Australia’s MA Financial adds two marinas to growing boatyard fund
The MA Marina Fund was established earlier this year with the $225m acquisition of the D’Albora portfolio
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Indian marina renovations slowed due to lack of funds
Kochi International Marina has been in disrepair for several years
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Second Dutch safety report in six years finds historic sailing fleet remains unsafe
Conditions have not become “demonstrably safer” since the first safety report in 2017 that followed the death of three German tourists struck by a falling mast
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Feadship reiterates pledge to net-zero yacht building and its 2030 deadline
Marketing and brand director Farouk Nefzi addresses issue of sustainability at Monaco breakfast gathering
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Bahamian VAT blamed for ‘marina ghost town’
Industry association warns that the 10% levy on yacht charter fees is driving boaters away