Eastern Europe
W/Yachts to Market Ferretti Yachts
Italian multinational shipbuilding company Ferretti Group expands its presence in Europe and announces a new dealership agreement with W / Yachts, that will dedicate itself to the exclusive marketing of Pershing and Ferretti Yachts brands in Poland.The partnership will allow the Group to further consolidate the coverage of the assistance network in Eastern Europe, guaranteeing a full service to the shipowners of the region, starting from the order time to the post-sales.“This agreement is another important step in our ambitious process of strengthening and expanding our business.
Aquila's New Models at the Biograd Boat Show
At the upcoming Biograd Boat Show, October 18-21, Master Yachting will feature the new Aquila 44, four-stateroom option.On the Aquila 44, you will enjoy the 360˚ view from the spacious salon and galley that features a large seating area, hidden TV stowage and plenty of storage to make a live-aboard or cruising easy and pleasant. Galley features include Corian countertops, electric fridge and freezer, stove, and stainless-steel microwave oven as well as a double stainless-steel sink. The large staterooms each feature ample headroom and large windows for excellent views.
5th Monaco Sportsboat Winter Series
Some 50 entrants and 150 sailors from nine nationalities were out again in force for Act III of the Monaco Sportsboat Winter Series, organized once a month by the Yacht Club de Monaco from October to March, in collaboration with technical clothing supplier SLAM, an initiative of Valentin Zavadnikov. She’s done it again: Valeria Kovalenko (Art Tube) won the event in the J/70s with a consistency worthy of a metronome. The Russian team have put in a faultless performance since the…
Yacht Industry to Reach $51bln by 2020
In 2014, the global yacht charter market was valued at USD 35 billion and is projected to reach USD 51 billion by 2020, growing at a CAGR of 6.5% during the forecast period, according to Market Report. Region wise, Eastern Europe is expected to see the largest growth of 7.2% annually with other regions growing at an average rate of 6.5%. The emerging markets including the Middle East and China are expected to continue growing consistently. The Middle East yacht market has been experiencing an approximate annual growth of 5-10%.
Yacht Charter Market to Cross USD 50bln by 2020
Yacht charter market is set to grow at a compound annual growth rate (CAGR) of 6.5% through 2020, says Future Market Insights in its research report. Yacht charter market revenues were estimated at US$ 37 billion in 2015, and by 2020, the market is expected to surpass US$ 50 billion mark. A renewed interest is being witnessed in spending on leisure and entertainment, giving a fillip to the global yacht charter market. The economic downturn of 2007-08 had a dampening effect on the yacht charter market, however, recovery in global economy has revived interest in yacht chartering…
KVH Upgrades IP-MobileCast Service
KVH Industries has updated its unique IP-MobileCastTM content delivery service for additional viewing flexibility and expanded content offerings. The new features are being rolled out in stages, with the first round of upgrades automatically delivered via over-the-air software updates for current subscribers. IP-MobileCast was developed by KVH and launched in 2014 as the first and only service to multicast movies, TV shows, daily news and sports, as well as operational data via satellite to vessels at sea.
Dometic Group Acquires Livos Technologies
Leisure products supplier for the RV, Marine and CPV (Commercial and Passenger Vehicle) markets, Dometic Group, has acquired Livos Technologies Inc., a provider of engine room ventilation equipment and systems for the commercial and pleasure boat markets. “Livos Technologies is an innovative provider of engine room ventilation, and we are delighted to be able to bring it under our umbrella,” said Frank Marciano, President, Dometic Americas. “This acquisition reinforces Dometic’s status as a leading global provider of marine HVAC systems, sanitation systems, electronics and galley equipment.
