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.

Asia Boating Awards announced in Hong Kong

The Hong Kong yachting scene figured heavily at this year’s Asia Boating Awards, which were held May 6 at the Hong Kong Gold Coast Boat Show. Richard Beattie, owner of the McMullen & Wing custom build Big Fish, received the award for Most Innovative Yacht Design of the Year, for Big Fish. In the Asian…more

Chinese yacht builders are growing quickly

China’s economic growth has resulted in flush times for the country’s emerging yacht industry. A half-dozen or so Chinese yacht builders are now competing against established Western builders like Azimut Yachts, Ferretti Yachts, Princess Yachts International, and Brunswick for wealthy consumers on the mainland, according to a report in Bloomberg BusinessWeek. Although the number of…more

Northwest export program gets certification guidance

In a step toward helping participants in the Snake River Boat Builders Export Program obtain CE Mark Certification, Netherlands-based Rulefinder.net has created a guide specially designed for them. The Clarkston, Wash., and Lewiston, Idaho, program was established in the spring of 2010 to export welded-aluminum jet boats to the European Union. Eight jet boat manufacturers…more

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Japan focus is on supply chain

Manufacturers have been running with stock supplies, but they worry about future availability of components Editor’s note: This is a look at where some manufacturers stood in April – about a month after the 9.0-magnitude earthquake and tsunami on March 11 that devastated a large area of Japan. With thousands dead, 14,000 missing and a…more

Superyacht forum offers day-pass discount

Members of four industry associations – the Florida Yacht Brokers Association, the International Superyacht Society, the Marine Industries Association of South Florida and United States Superyacht Association – have a new option that might allow more of their members to attend the upcoming American Superyacht Forum, organizers announced. Forum organizer The Yacht Report Group created…more

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American ocean racer sails to victory

American solo sailor Brad Van Liew made it four wins in four legs in the Velux 5 Oceans solo round-the-world race Tuesday as he sailed into his hometown of Charleston, S.C., to a hero’s welcome. Charleston residents turned out to cheer the 43-year-old as he ended a grueling 5,900-mile leg from Punta del Este in…more

China’s soaring inflation could affect U.S.

As the United States and Europe struggle to get their economies rolling, China is having the opposite problem – keeping its revved-up economic growth engine from generating runaway inflation. The latest sign that things were moving too fast came during the weekend when China’s central bank ordered the biggest banks to set aside more cash…more

OPINION: How Japan will affect our supplies

I know you don’t like to report negatives, but I believe you and other publications and news sources are missing and underreporting the near-term and long-term effects the earthquake and the damaged reactors and the overstressed electrical grid in Japan are having and will continue to have on world markets for their goods, including the…more

Tiger Woods’ yacht up for sale

Got some extra money lying around? Golfer Tiger Woods is reportedly putting his 155-foot megayacht Privacy up for sale. With a permanent crew of 13, Privacy costs more than $2 million a year to maintain, The Palm Beach Post reported. Woods had the vessel sailed south to Fort Lauderdale in the fall. It was dry-docked…more

Chinese yacht builder opens U.S. branch

China’s Sunbird Yachts is expanding and has opened a new overseas branch in the United States, the company announced. California’s Plandy Yachts, along with Marco-Polo Yachts in Italy and Plandy Yachts in Hong Kong, will work on yacht design, construction, sales and service. “We focus more on prep work with local experts that we have…more

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