MIAMI 2014 VIDEO: Riviera Yachts debuts two new boats

Riviera Yachts, which recently added 30 employees, celebrates the launch of the daybridge model of the Belize 54.

Riviera Yachts, which recently added 30 employees, celebrates the launch of the daybridge model of the Belize 54.

MIAMI — Riviera Yachts introduced two new vessels at the Yacht & Brokerage Show in Miami Beach and CEO Wes Moxey said the Australian company added 30 employees as business has strengthened.

"We continue to invest, to grow and we are very much invested in our people, our staff," Moxey said during a press event held to announce the new yachts. "In the forward order position, compared to last year, we have doubled the number of orders. When I talk forward orders I am not talking about dealer orders, I am talking about paid orders, boats that have been sold. That number has doubled; it is not as high as I would like it to be, but it is much stronger."

Moxey told me after the event that the $2 million to $5 million market has strengthened significantly. "There is a lot of activity in this area, and people in this market are ready to invest in buying a boat," he said.

The company introduced the daybridge model of its Belize 54 on the heels of the Belize 54 Sedan that debuted in the United States at the 2013 Fort Lauderdale International Boat Show.

"The boat is a mix of the modern and the traditional," Moxey said.

The Riviera 565 SUV also made its debut. Standard power is twin 700-hp Volvo Penta IPS900s.


Suntex Acquires Tampa Area Marina

The Marinas at Little Harbor, with slips and drystack storage, is in a resort community that’s being developed in Ruskin, Fla.

Littelfuse to Acquire Carling Technologies

The $315 million transaction is expected to close in the fourth fiscal quarter.

Boat Sales and Fraud

Boat History Report has tracked a 123 percent increase in fraud on the preowned-boat market since the pandemic buying spree began.

Avoid Cutoff Confusion

Dealers should familiarize themselves with a new law requiring engine cutoff switches so they can inform their customers. Meanwhile, a new program puts Ohio youth in kayaks to learn about the importance of the Great Lakes.

Wave Wifi MNC1250

Wave WiFi’s new Dual Band Marine Network Controller with SIM-activated cellular system (MNC1250) distributes fast reliable internet onboard. It can be connected to any internet source and transmits both 2.4 and 5GHz AP signals for speed and reliability. Gigabit ports provide fast throughput and Wave’s proprietary Graphic User Interface makes it easy to set up and operate.

OneWater Acquires T-H Marine

OneWater Marine purchased the Huntsville, Ala.-based P&A provider for around $185 million.

Groupe Beneteau Acquires Starfisher

The Portugal-based yard builds powerboats from 25 to 35 feet and was doing subcontracting work for the group.