International News

The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.

Azimut-Benetti forms distribution network

The first network contract was recently signed between Azimut-Benetti, the Italian yacht manufacturing and marina management group, and about 20 supply companies spanning the production chain — from layout to systems to furnishings — with the aim of creating an industrywide network. The purpose of the new organizational model, Giovanni Vatteroni, Azimut-Benetti’s Livorno plant director…more

SeaNet launches international fleet program

SeaNet Fractional Yachts recently announced a major expansion with its new SeaNet International Fleet Program. This program offers clients the opportunity to enjoy the yacht ownership lifestyle in a new Benetti Delfino 93-foot motoryacht for a fraction of the new build price — and without the hassle of staffing, maintaining, mooring or servicing the boat.…more

Initiative seeks to stop shark killings

A voluntary program that aims to bolster a shrinking shark population by preventing people from showing off dead sharks at marinas is growing globally, organizers say. Fewer than two years after its creation, SharkFreeMarinas.com lists more than 110 marinas and businesses from eight countries — including 78 in the United States — as shark-free or…more

Ex-wife jailed for sinking yacht

A British woman was convicted and sentenced to 18 months for sinking her estranged husband’s yacht at a marina in Brighton, England – on Valentine’s Day. Mandy Fleming, 47, sank the 39-foot Princess Flybridge cruiser named Double Dragon after becoming angry with her ex for adding a new television and other items in the boat…more

Report shows increased demand for yachts in China

Despite China’s robust economy, recreational boating remains an afterthought for most Chinese. Nevertheless, international boatbuilders see the world’s second-largest economy as an enticing opportunity for sales growth. “[D]emand for private yachts has gained traction in China over the past two years,” China Daily said. “According to the 2010 Hurun Wealth Report, there are at least…more

Retail group supports free-trade program

The Retail Industry Leaders Association applauded the U.S. Senate’s vote late last week to renew the Generalized System of Preference and Trade Adjustment Assistance programs. The bill passed 70-27. The Senate vote paves the way for the House to approve the package and for President Obama to send the three pending free trade agreements to…more

Blind sailor set to start solo circumnavigation

Legally blind, veteran sailor Dennis Howard is preparing for one of the most challenging journeys of his life – a solo voyage around the world. “There’s no question in my mind that I can do this,” he told CNN. “There is also no question in my mind that I absolutely have to take it seriously…more

A fish tale like no other

As a punishing economic week mercifully comes to an end and those invested in the stock market can only wonder what the coming weeks will bring, we thought a little levity was in order. From England comes this story of a fisherman who made the biggest catch of his life and landed a fish tale…more

Thailand sees growth in its marine industry

Those involved in Thailand’s boating industry say there has been a shift to more local buyers in addition to those who come from overseas to enjoy sailing the country’s waters. Majesty Yachts, which started a major sales campaign in Asia this year, said it has been “overwhelmed” by the response of local buyers. “The sale…more

Report details growing yacht industry in China

Research and Markets’ “China Yacht Industry Report 2010-2012″ shows the country’s domestic yacht industry is in its initial stages of development and that international brands dominate the medium and high-end market. “Currently, the yacht manufacturing industry is still in the initial stage of development. There were only less than 400 boat manufacturers in the beginning…more

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