All articles by Tony Esposito – Page 67
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NewsMJM Yachts makes US$12m investment in North Carolina
MJM Yachts, the Boston, Massachusetts-based builder of “eco-friendly motoryachts”, is creating a new shipyard in Washington, North Carolina with a US$12m investment and the promise of creating more than 200 jobs over the next five years.
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NewsParty with the USA at METSTRADE
The nearly 90 METSTRADE exhibitors from the US will host a reception on Day Two of the 2019 international trade conference in Amsterdam on 20 November.
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NewsUS Senate spending bill includes boating industry priorities
The United States Senate last week passed a package of appropriations bill that includes funding for some of the recreational boating industry’s top priorities. The move allows members of the Senate and House to meet in conference committee to negotiate a resolution to the differences in spending bills passed by ...
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NewsWeatherford Capital makes third multimillion-dollar investment in Safe Harbor
Safe Harbor Marinas has received a US$41m infusion of cash from Weatherford Capital, the third multimillion-dollar investment from the Tampa, Florida-based private equity firm since 2017.
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Entry deadline set for Minneapolis Boat Show Innovation Awards
Exhibitors have until 20 December to submit entries for the 2020 Minneapolis Boat Show Innovation Awards. The awards will be presented during the Sneak Peek Evening on Wednesday 22 January in the show’s lifestyle feature booth.
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“Yacht orgy” scandal forces Hungarian Mayor to resign
Zsolt Borkai, the mayor of Gyor, the largest city in western Hungary, who easily won reelection to a fourth term last month despite a video made public showing him participating in an orgy on a luxury yacht, will step down from his position on Friday because of his “moral predicament”.
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Nominations open for Alan J Freedman Award
The National Marine Manufacturers Association (NMMA) in the US has opened the nomination process for the 2020 Alan J Freedman Memorial Leadership Award, recognising individuals who have made outstanding contributions to the marine accessories industry.
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NewsSafe Harbor adds 90th marina
Safe Harbor Marinas’ acquisition streak hasn’t seemed to slow any, as the Dallas, Texas-based marina network operator added a second property in as many months to its portfolio.
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NewsSailing charters up in US Virgin Islands
While the Caribbean is recovering from two years of severe hurricane seasons, the demand for sailing charters in the US Virgin Islands (USVI) is growing, and so are the fleets destined to accommodate it.
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NewsBrunswick claims sales, share records at FLIBS
Amidst the introduction of three new boat models, Brunswick Corp says it set new sales and share records during the Ft Lauderdale International Boat Show (FLIBS).
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NewsF3 Marina breaks ground on “giant boat vending machine”
Two-years in the making and just a few months behind its original aggressive schedule, F3 Marina has broken ground on what will be the second fully-automated dry stack marina in the US.
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International emissions regs could hurt large diesel yachts, jobs
The International Maritime Organization’s (IMO) emissions regulations scheduled to take effect in 2021 could force diesel-powered yacht producers to stop building their larger vessels, which could mean a loss of jobs without a delay in implementation, according to the leadership team at Viking Yachts.
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NewsTaiwan hosts TIBS 2020 seminar in Ft Lauderdale
Taiwan is dedicated to the global yacht market; from growing exports of its largest builders to luring other manufacturers to utilise Taiwan’s yacht yards capabilities as well as growing the island nation’s local participation in the yachting lifestyle and a world-class yacht show.
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NewsMarquis unveils revamped line, Lexus LY 650 at FLIBS
The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.
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NewsGolden Boat Lifts expands on US west coast
Golden Boat Lifts has opened a distribution hub in the Bonney Lake, Washington area to service its clientele west of the Mississippi River and western Canada.
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NewsUS$750,000 in fire damage to US dealer
A Sunday afternoon fire caused over US$750,000 damage to Precision Boats, an Idaho Falls, Idaho boat and motorsports dealer.
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Patrick Industries Q3 sales down, earnings impacted by cyber attack
Patrick Industries, maker of component parts for the marine, RV and manufactured homes industries, is reporting third-quarter sales were off 2% or US$8.9m compared to 2018 results for the same time period, adding that the company took a US$41.5m hit due to what it calls “a sophisticated cyber-attack” last month.
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NewsDelayed Tampa Boat Show opens Friday
Delayed by more than a month under threat from Hurricane Dorian, the Tampa Boat Show opens officially on Friday, following a “VIP Sneak Preview” on Thursday evening.
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NewsNMMA releases full 2018 Statistical Abstract
The National Marine Manufacturers Association (NMMA) has released its completed 2018 Recreational Boating Statistical Abstract, billing it as the ‘most comprehensive collection of industry data and a trusted source for recreational boating statistics’.
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