Recreational Boats Market to Reach $33.6B
The global recreational boats market is estimated to grow from $26.7 billion in 2019 and projected to reach $33.6B in 2027, at a CAGR of 3.02%.According to Research And Markets report, Asia Oceania is the largest market for recreational boats, followed by North America.Chinese economic growth is stable and transition to the service led economy is supporting the rising income of the people and hence the Chinese boating segment has promising growth in the future.Other Asian countries such as Japan…
New Harbor in the Island of São Miguel (Azores)
On the island of São Miguel, in the Azores, a new harbor has been built by local authorities. The harbor with a capacity of 58 boats is located in Povoação, on the south eastern side of the archipelago’s largest island.The initiative taken by the local Municipal Authority of Povoaçao wascarried out with the objective of promoting nautical tourism in this area of the island as well improving conditions for local boaters. The execution of the design, manufacturing and installation…
Sanlorenzo Americas Names New CEO
Marco Segato has been appointed CEO of Sanlorenzo Americas, the division that has aided in the Italian superyacht-builder’s expansion in North, Central and South America for the last 10 years.The Italian shipbuilding company company said that Marco Segato, formerly Vice President of Sales of Sanlorenzo Americas since 2014, held important positions in the field of strategic consulting and business development Having developed a great wealth of experience in the boating sector…
Interview: Douglas Prothero, CEO, The Ritz-Carlton Yacht Collection
As privately owned, luxury yachts near the size of the average cruise ship, behold a new option, which is anything but commonplace: The Ritz-Carlton Yacht Collection. At 624 feet and 11 decks, her exterior profile resembles a sleek superyacht design, not a cruise ship on the horizon. Launched in October 2018 at Hijos de J. Barreras Shipyard in Vigo, Spain, the flagship of the new brand is now in outfitting and interior finishing. The project was co-managed by The Ritz-Carlton Yacht Collection, Marriott and Tillberg Design of Sweden.
BoatUS Elects Edmonston as Chairman
BoatUS Vice President of Government Affairs Chris Edmonston has been elected chairman of the Sport Fishing and Boating Partnership Council. Senior-level representatives from state and federal wildlife agencies, saltwater and freshwater fishing organizations, recreational boating groups, recreational boating and fishing industries, conservation organizations, tribal representatives and the tourism industry comprise the 18-member body. The council advises the U.S. Secretary of the Interior on recreational fishing…
Evinrude Named Official Engine Supplier of American Magic
Evinrude hasannounced that it has been named Official Engine Supplier of New York Yacht Club American Magic, a professional sailing team and Challenger for the 36th America’s Cup. Evinrude will outfit American Magic’s fleet of chase boats with 300 HP E-TEC G2 engines. In addition, Evinrude will provide the organization’s technical crew with a training course at its Sturtevant facility. Each engine will also be custom wrapped with an American flag-based design.The America’s Cup is the highest prize in sailing, and the oldest event in international sports.
Whirlwind of change: Where’s Trinity Yachts' crew today?
Four key players of the disbanded Trinity Yachts, once the world’s sixth largest custom yacht builder, are working in new roles in yachting since the company’s break-up about four years ago.Billy Smith, Geoffrey van Aller, Jim Berulis and Phil Nuss rolled with the punches, just as they did when this author interviewed them at Trinity’s Cinco de Mayo crayfish boil celebrating their new Gulfport facility in Mississippi in May, 2006. In a region suffering after Hurricane Katrina toppled the Gulf Coast and sank New Orleans on August 29…
Cruise Shipping: 'Green Cruising' with Hurtigruten
Hurtigruten orders third hybrid-powered expedition cruise shipGrowth in the global cruise sector continues, as Hurtigruten, the world’s largest expedition cruise operator, signed an MOU with shipbuilder Kleven Verft AS for the construction of a third hybrid-powered expedition cruise ship. Tom Mulligan, Maritime Reporter’s Science & Technology writer, reports from Norway.“We are thrilled to introduce yet another revolutionary hybrid-powered expedition ship,” enthused Hurtigruten’s CEO, Daniel Skjeldam.
AMI Recognizes Dammrich Ahead of Retirement
The Association of Marina Industries (AMI) recognized Thom Dammrich at the opening ceremony of the International Marina and Boatyard Conference (IMBC) for his nearly 20 years of service to the recreational boating industry. On September 30, 2019 Dammrich will retire as president of the National Marine Manufacturers Association (NMMA). He was recognized for unifying the industry and to elevate the status or marinas and boating facilities within the broader industry.Jim Frye, AMI's president emeritus and IMBC's MC thanked Thom by noting, "his contribution to marinas, our association and the entire recreational marine industry.
Nieuw Statendam Arrives with Artistic Edge
Around 2,500 original artworks aboard Holland America Line’s newest cruise ship look beyond simply working in sympathy with their seaborne surroundings to put the visual surprises of contemporary art at the center of the cruising experience.Developed by YSA Design and Art@YSA, curated art has been a special area of focus on board the 99,902gt Pinnacle-class vessel Nieuw Statendam, where it is seen as a key differentiator likely to catch the attention of new and repeat cruise guests alike.As with sister ship Koningsdam…
Shipbuilding: Hurtigruten Hybrid Construction Forges Ahead
Norwegian company Hurtigruten, the world’s largest expedition cruise operator, is continuing to push the boundaries when it comes to green travel with its order for three hybrid-powered vessels nearing completion, the first ship being due for delivery in May 2019.Two of these revolutionary ships are currently under construction at the Kleven Yard in Ulsteinvik, Norway, the MS Roald Amundsen and its sister ship, the MS Fritjof Nansen, both of which are custom-designed to cope with some of the most extreme conditions seen on our planet, each having a specially-designed, ice-strengthened hull.
Sailing-Stars & Stripes Team USA Joins Challengers for America’s Cup
Stars & Stripes Team USA has been accepted by holders Emirates Team New Zealand and the Royal New Zealand Yacht Squadron as the fifth challenger for the 36th America's Cup, which will take place in Auckland in 2021.The team was co-founded by sailors Mike Buckley and Taylor Canfield and represents the first all-American team in more than 15 years to compete for the oldest trophy in international sport, Long Beach Yacht Club said in an emailed statement."Our name is a nod to Dennis Conner's ‘Stars & Stripes’ campaigns that defined all-American America's Cup racing for decades.
Mercury Marine Opens NVH Technical Center in Fond du Lac
Only eight months after breaking ground, Mercury Marine has officially opened a new state-of-the-art expansion at its global headquarters in Fond du Lac. The two-story NVH (Noise, Vibration, Harshness) Technical Center adds close to 20,000 additional square feet to the more than 2.5 million square-foot campus. This $10M investment to Mercury’s global headquarters gives the company the largest and most expansive testing facility in the marine industry. In total, Mercury has invested more than $1B globally in expansion and R&D since 2008NVH is the engineering practice of studying noise…
Derecktor to Develop New US Superyacht Hub
St. Lucie County Commissioners unanimously chose Derecktor Shipyards to create and manage a facility servicing large yachts in Fort Pierce, Fla. on Nov. 14. Located about 100 miles north of Fort Lauderdale and about 40 miles north of Palm Beach, the shipyard will develop a proposal for a mutually agreeable lease and contract to develop the 290-acre port, with deep water draft, easy land access and no fixed bridges.Derecktor was established in 1947 by the late Bob Derecktor, a competitive sailor in his own right with his personal fleet of “goose” sailboats…
New Range Of Class B+ AIS Transponders at METS 2018
Digital Yacht America will introduce a new range of Class B+ AIS transponders at METS 2018 ready for delivery January 2019 in the US.Class B+, a new AIS standard, utilizes SOTDMA format transmissions which offer a 5W power output (2.5x more powerful than a regular Class B), a guaranteed time slot for transmission in busy traffic areas and faster update rates depending upon the speed of the vessel.It offers performance similar to Class A transponder but for non mandated users.
Chris Craft, Princess Introduce 2019 Launches at FLIBS
With millions of dollars and almost 2,000 of the world’s most spectacular brokerage vessels and megayachts displayed in one place at Fort Lauderdale International Boat Show (FLIBS), it’s almost possible to overlook notable new launches for production boats and semi-custom megayachts.Chris Craft Launch 35GTOn the water or on the deck, nothing else looks – or feels – like a Chris-Craft. An iconic brand renowned for understated class, style and sportiness, Chris Craft epitomizes…
RC44 Coming to Porto Montenegro
The Porto Montenegro Yacht Club has announced the RC44 Championship Tour which will kick-off the 2019 season in Montenegro, from April 10-14. This prestigious tour of one design boats began in 2007 and brings together sailing and business, allowing amateur helmsmen to compete with some of the world’s top sailors in some of the world’s most beautiful locations. The RC44 boats are a light weight construction, made entirely of carbon with a powerful sail plan to make exceptional downwind and upwind performances…
Global Recreational Boat Market to Reach $50 Bln by 2023
The global recreational boat market is expected to reach revenues of more than $50 billion by 2023, growing at a CAGR of approximately 4 percent during 2017-2023, said a research report.The exponential growth of the travel and tourism industry across the European region will positively impact the development of the global market, said the market report by Arizton on the global recreational boat market."The rapid economic development and the increasing demand for charter services in Southeast Asia will boost the demand for new products in the market.
Ellison and Coutts Launch League for 'Supercharged' Cats
Former America's Cup winners Larry Ellison and Russell Coutts launched a new league on Wednesday, with six national teams sailing in a series ending in a two-boat $1 million finale.SailGP will go live in Sydney, Australia in February 2019 with 50-foot foiling catamarans powered by wing sails which the organizers expect to reach speeds of more than 50 knots (93 kilometers per hour) as they fly above the water."With equally incredible technology across our one-design fleet, we expect to see thrillingly close and competitive racing…