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‘Generational business ownership change’ focus of International Breakfast Meeting
Azimut-Benetti’s Giovanna Vitelli highlighted her story at boot Düsseldorf last week
Airmar Technology Corp sold
US sensor manufacturer acquired by Amphenol
Show organiser proclaims boot Düsseldorf 2024 a strong success
Despite difficult conditions, exhibitors were said to be pleased with this year’s event
Bahamas yacht charters down 40%, operators blame VAT
The island nation’s 10% value-added tax on foreign-owned yacht charter contracts is said to be contributing to the decline
New US builder unveils first electric boat line
Prana Boats’ inaugural offering draws inspiration from iconic American classics
Fischer Panda UK expands offerings in portable power sector
The company now offers Clayton Power’s all-in-one LPS generators
BlueNav extends reach in Spain with new service dealer
Electric add-on engine manufacturer announced strategic partnership in Düsseldorf
New Polish boat brand launches in Düsseldorf
IBI speaks to the company’s development team to uncover the vision behind the brand
Italy to install hydrogen refuelling infrastructure for recreational boating
100 filling stations to be installed at Italian marinas and ports over the next six years
Volvo Group reports strong Q4, full-year revenues
But lower deliveries for Volvo Penta in a softer market
Turkish builder takes legal action against “false allegations” by former dealer
Dromeas Yachts responds to recent defamatory statements
Silent Yachts restructures following collapse of subcontractor
Objective to transition from a founder-funded entity to an investor-funded one
Ferrari teams up with acclaimed yachtsman on new sailing venture
The Italian sportscar maker enters the world of sailing
2023 Brazilian yacht segment generates R$2bn in 2023
New Bain & Co report says growth driven largely by the Covid pandemic
Incentives, discounts lead MarineMax to record FQ1 revenue
Growth comes despite challenging retail environment
Global Marine Business Advisors appoints new UK rep
The move comes following the resignation of incumbent David Lewin
German builder files for insolvency
Yard blames slower than expected growth in sales on the back of recent expansion
People on the Move this Week
New appointments at BRP, NMMA Canada, Thetford Marine and more
Yamaha deploys mega solar array at Fukuroi South plant
Installation of 2,200kW solar array to support ongoing efforts toward achieving carbon neutrality
Antonini Navi lays keel of 32m explorer yacht
Delivery is planned for 2025
Balk Shipyard holds own as converter of superyachts
New CEO says Dutch yard has “no shortage” of projects on the go
DF Capital appoints managing director, powersports
Angela Goulding to boost group’s presence in the marine and other sectors
Siren Marine launches new mobile app
Siren Marine Connected Boat app designed to facilitate stronger relationships between boatbuilders, dealers and end users
European Boating Industry reflects on past year of success at 1st General Assembly
EBI members gathered in boot Düsseldorf this week for the inaugural event
2023 Q4, full fiscal year a mixed bag for Marine Products Corp
Q4 sales down 35%, full-year revenues up 1% for US fibreglass boat builder
Barrus unveils online B2B platform
MYBOAT247.co.uk optimises the overall purchasing experience for marine dealers
Nimbus strengthens position in Norway
Swedish builder signs dealer agreement with Grimstad Bådsenter
Canadian, US boating markets poised for 2024 recovery – Wells Fargo
Economist Nick Bennenbroek says factors in place for market improvement by mid-year
Meros Yachtsharing plans multi-yacht expansion
Negotiations underway to grow fleet by up to 10 yachts
North Sails introduces new sailcloth project
RENEW sailcloth is aimed at boats from 25ft-45ft
UK brand in search of new build facility
Pearl Yachts is looking to increase production capacity, particularly for its larger models
Record Q4 sales for Teledyne
Raymarine parent achieves new revenue mark on strength of higher sales in marine, medical and aerospace segments
Nautor Swan reports strong order book at Düsseldorf
The Finnish brand has an active order portfolio of over €150m
Yanmar Power Technology secures Japan’s first approval for maritime hydrogen fuel cell
Nippon Kaiji Kyokai approval in principle said to mark significant step towards development of more sustainable maritime propulsion solutions
Hugelmeyer – multiple solutions needed for marine sector decarbonisation
NMMA president Frank Hugelmeyer says electrification alone is not the answer to reducing boating’s carbon footprint
Fairline holds world debut of Targa 40 at Düsseldorf
The UK builder is also displaying its new Squadron 58 at the show
Integrel Solutions appoints technical and installation partner
Osprey Technical Consulting to provide support for Integrel’s E-Power system and soon to be launched E-Drive
Pershing launches third GTX116
Italian builder’s latest 35m yacht was built for a European owner
Sevenstar halts service through Suez Canal
Service suspended as allied strikes intensify against Houthi rebels
Cummins announces site for EV battery plant
Joint venture with Daimler, Paccar and Eve Energy to begin producing lithium-iron-phosphate batteries by 2027
Groupe Beneteau highlights past and future at Düsseldorf
French yard unveils ambition to be the world’s leading multi-boat brand specialist
French cat builder plans major expansion in Portugal
Investment of “tens of millions” of euros to support new YOT powerboat brand
More catamarans head south as SA records visitor growth
South Africa’s Ocean Sailing Association reports significant increase in the number of visiting catamarans
ePropulsion debuts new eLite electric outboard
Smallest product in brand’s extensive outboard range on display at boot Düsseldorf
Toronto International Boat Show opens to good crowds
New product debuts and solid consumer interest mark positive opening weekend for North America’s largest indoor boat show
United Yacht Sales adds global agent
Baltimore Boating Center to join company’s yacht sales and brokerage team in February
Princecraft celebrates 70 years with multiple launches
Debut of new pontoons and deck boat models at Toronto show underscore confidence in boating sector
Sanlorenzo and Volvo Penta collaborate to advance decarbonization efforts at sea
Italian superyacht builder to integrate Volvo Penta’s IPS Professional Platform, transforming the luxury yachting industry
Sunseeker to reshape APAC dealer setup this year
At least two new products planned for 2024
Ferretti gives performance update at boot Düsseldorf
Italian builder highlights fiscal strength on the opening day of this year’s show
2024 European powerboat and yacht award winners announced
New category added to reflect growth of power catamarans
Hanse launches new Moody, Fjord models at Düsseldorf
The German builder is using boot Düsseldorf to introduce a number of new models across its various brands
Seakeeper expands product range
New Seakeeper 10.5 and Seakeeper 14 gyro stabilisers built for vessels in 50 to 68ft class with new technology
Brazilian builder expands into Mexico
Triton Yachts now offers two models through Mexican dealer Navegaré
Nautique partners with PowerView for Paragon Series helm displays
Twin 15-inch widescreen MFDs said to yield immersive view of navigation, entertainment and system monitoring
Cyprus to move forward on new marina
Tender procedures to be completed this year, with construction planned for 2025
Superyacht market increasingly using SEA Index emission assessment tool
More owners adopting sustainable practices by choice
HanseYachts reports record first-half for 2023/24 financial year
Preliminary figures show the best first-half results since 2008
The Italian Sea Group issues production update
TISG confirms launch and delivery of six yachts in 2024
Turkish SY builder forms new charter service
Bering Charter to offer two new flagship superyachts for charter in the Caribbean
Raymarine, Azimut celebrate 30-year partnership
Azimut will display five boats at Düsseldorf, including the new Raymarine-equipped Magellano 60
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