Sailing

Alberto Bona and the Class40 IBSA Go to USA and Canada

Retrieved on: 
Friday, February 2, 2024

“This third season with the Class40 IBSA”, commented Bona, “opens with a legendary regatta.

Key Points: 
  • “This third season with the Class40 IBSA”, commented Bona, “opens with a legendary regatta.
  • The Class40 IBSA is automatically qualified, thanks to her participation in the 2022 Route du Rhum.
  • In 2023, Bona and the Class40 IBSA participated in six regattas, including the Rolex Fastnet Race and the Transat Jacques Vabre.
  • IBSA: IBSA (Institut Biochimique SA) is a Swiss multinational pharmaceutical Company, founded in 1945 in Lugano.

Yamaha Joins Fuel Cell & Hydrogen Energy Association Supporting Multiple Technology Solutions to Carbon Neutrality

Retrieved on: 
Tuesday, January 30, 2024

Yamaha Motor Corporation, U.S.A. joined the Fuel Cell & Hydrogen Energy Association (FCHEA) alongside hydrogen producers, infrastructure providers, engineering firms and other off takers as part of its pursuit of multiple technology solutions to achieve carbon neutrality.

Key Points: 
  • Yamaha Motor Corporation, U.S.A. joined the Fuel Cell & Hydrogen Energy Association (FCHEA) alongside hydrogen producers, infrastructure providers, engineering firms and other off takers as part of its pursuit of multiple technology solutions to achieve carbon neutrality.
  • “Yamaha plans to work diligently with FCHEA to advance hydrogen energy and fuel cell policies,” said Martin Peters, Director, Yamaha Marine External Affairs, who will serve on the organization’s board of directors.
  • FCHEA represents more than one hundred leading organizations advancing production, distribution, and use of innovative, clean, safe, and reliable hydrogen energy.
  • FCHEA educational efforts promote the environmental and economic benefits of hydrogen energy and fuel cell technologies.

Yamaha Introduces New 350-Horsepower 4.3-Liter Offshore Outboard

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117301949/en/
    Yamaha's new 4.3-liter F350 offshore outboard meets customer demand for horsepower diversity combined with premium-level performance and reliability.
  • The F350 is the perfect big power, light-weight option for a wide variety of applications,” said Ben Speciale, President, Yamaha U.S. Marine Business Unit.
  • Larger intake and exhaust valves and Variable Camshaft Timing (VCT) offer air flow advantage for the new Yamaha F350.
  • Yamaha Marine is the only outboard brand to have earned NMMA®’s C.S.I.

Oversea Yacht Insurance Increases Marine General Liability Access for Marine Artisans

Retrieved on: 
Tuesday, January 16, 2024

Oversea Yacht Insurance, an EPIC Company (“ Oversea Yacht Insurance ”), that offers comprehensive insurance solutions for the maritime industry, brings to market the Marine Artisan Product designed to overcome some of the most costly and time consuming challenges independent marine contractors face.

Key Points: 
  • Oversea Yacht Insurance, an EPIC Company (“ Oversea Yacht Insurance ”), that offers comprehensive insurance solutions for the maritime industry, brings to market the Marine Artisan Product designed to overcome some of the most costly and time consuming challenges independent marine contractors face.
  • “High-cost claims have led shipyards and marinas throughout the United States to modernize, and part of this renaissance is shoring up their contractor insurance requirements,” said Chris Coleman, Director of Commercial Marine for Oversea Yacht Insurance.
  • Oversea Yacht Insurance and AXA XL are removing one of the barriers to entry for specialty contractors in the marine industry with availability to new ventures.
  • Oversea Yacht Insurance also offers comprehensive lines of coverage including workers compensation and USL&H for the marine industry.

 Innovation Takes Center Stage as U.S. Boat Sales Cool Following COVID-Era Demand Surge

Retrieved on: 
Thursday, January 11, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240110609636/en/
    Personal watercraft are often a gateway to boating given their entry-level pricing and ease of use.
  • This is specifically driving propulsion technology innovation with boats running on sustainable marine fuels, hydrogen, electric and hybrid propulsion systems.
  • Recreational boating isn’t just for the one percent: 61% of boaters have an annual household income of $100,000 or less.
  • Leading the nation in sales of new powerboat, engine, trailer and accessories in 2022 were the following states:

Hong Kong Hosts the Finale of the World’s First All-Electric Race Boat Championship

Retrieved on: 
Thursday, December 21, 2023

Under the official Championship Standings “Race to Hong Kong”, the first-ever UIM E1 World Championship (E1) will stage its grand finale in Hong Kong – E1 Hong Kong Grand Prix – for the first three seasons from 2024 to 2026 with joint support by the Tourism Commission of the Culture, Sports and Tourism Bureau of the Hong Kong SAR Government and Hong Kong Tourism Board (HKTB).

Key Points: 
  • Under the official Championship Standings “Race to Hong Kong”, the first-ever UIM E1 World Championship (E1) will stage its grand finale in Hong Kong – E1 Hong Kong Grand Prix – for the first three seasons from 2024 to 2026 with joint support by the Tourism Commission of the Culture, Sports and Tourism Bureau of the Hong Kong SAR Government and Hong Kong Tourism Board (HKTB).
  • The E1 Hong Kong Grand Prix – the Hong Kong leg of the UIM E1 World Championship – is an event supported by the funding earmarked under the 2023-24 Budget to attract mega events with strong visitor appeal and significant tourism promotional effect to take place in Hong Kong.
  • View the full release here: https://www.businesswire.com/news/home/20231220200058/en/
    Ms. Vivian Sum, Commissioner for Tourism (left) and Dr. Pang Yiu-kai, Chairman of HKTB (right) welcomed Mr. Alejandro Agag, Chairman and co-founder of E1 (middle), for bringing the first-ever UIM E1 World Championship to Hong Kong (Photo: Hong Kong Tourism Board)
    E1 is the world’s first and only all-electric race boat championship sanctioned by the Union Internationale Motonautique (UIM).
  • Mr. Kevin Yeung, Secretary for Culture, Sports and Tourism, Hong Kong SAR Government, welcomed E1 to Hong Kong, “We are most excited to see the debut of UIM E1 World Championship in 2024, and are proud that Hong Kong will host the grand finale of the first three seasons of the championship and will be the only East Asian host city of its inaugural season, highlighting Hong Kong's reputation as a world-renowned events capital and one of the best destinations for tourists around the world.”
    Dr. Pang Yiu-kai, Chairman of HKTB, echoed Mr. Yeung’s enthusiasm for E1’s debut finale in Hong Kong, “Hong Kong is excited to host the finale of the E1 ‘Race to Hong Kong’ in its inaugural season.

Global Yacht (Propulsion, Category, Type, Length, & Region) Market Insights and Forecasts, 2022 and 2023-2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 15, 2023

The global yacht market is expected to reach US$12.36 billion in 2023, growing at a CAGR of 7.02% during the forecast period.

Key Points: 
  • The global yacht market is expected to reach US$12.36 billion in 2023, growing at a CAGR of 7.02% during the forecast period.
  • Some of the variables driving market growth include a rise in income inequality, increased disposable income, and a favourable macroeconomic outlook.
  • By Propulsion: The market report has segmented the global yacht market into three segments in terms of propulsion: Outboard & Inflatables, Inboard, and Sailing.
  • By Type: According to report, the market has been segmented into five segments on the basis of type: Super Yacht, Sport Yacht, Flybridge Yacht, Long Range Yacht, and Others.

IBSA and Her Skipper Alberto Bona Win the 2023 Class40 Championship

Retrieved on: 
Thursday, December 14, 2023

These significant results were obtained just 16 months after the start of the project that brought IBSA into the world of sailing.

Key Points: 
  • These significant results were obtained just 16 months after the start of the project that brought IBSA into the world of sailing.
  • This victory speaks of sporting performance, planning ability, joint team work, and trust on the part of our sponsor, IBSA.
  • Together, “we are very happy with this result, which places the Class40 IBSA at the top of the rankings for the entire season.
  • The first international regatta in which Alberto Bona participated with the Class40 IBSA was the Route du Rhum 2022.

Sailing into 2024: Dream Yacht Worldwide Shares Trend Forecast & Learnings from 2023

Retrieved on: 
Monday, December 11, 2023

Dream Yacht Worldwide (DYW), a leading sea-based vacation and global yacht charter company, has shared its forecasted trends for the sailing industry and key learnings from the past several months.

Key Points: 
  • Dream Yacht Worldwide (DYW), a leading sea-based vacation and global yacht charter company, has shared its forecasted trends for the sailing industry and key learnings from the past several months.
  • Dream Yacht Worldwide has seen increased interest from non-sailors to try sailing as a new vacation experience (20% of new contacts have never sailed before in 2023, vs. 15% in 2022).
  • The company believes this is partly due to greater overall awareness of yacht charters as a vacation option even for non-sailors.
  • Dream Yacht Worldwide’s top destinations for generational travel have been the British Virgin Islands, the Abacos and Tahiti.

The Riverbend Group Acknowledges Importance of George Clooney’s Upcoming Movie, “The Boys in the Boat” for Seattle, the Sport of Rowing and Companies Needing Alignment

Retrieved on: 
Monday, December 4, 2023

Releasing this holiday season, Clooney’s motion picture film, which already has Oscar buzz, may do for rowing what Ted Lasso has done for soccer [football] in the U.S.

Key Points: 
  • Releasing this holiday season, Clooney’s motion picture film, which already has Oscar buzz, may do for rowing what Ted Lasso has done for soccer [football] in the U.S.
  • One Voice,” ONE Rowing® participants undergo an immersive, multi-day program that applies techniques from rowing to train teams on how determination, trust and alignment can lead to successful outcomes.
  • “Rowing is the perfect teaching tool for business,” explains Doreen Linneman, CEO and founder of The Riverbend Group.
  • Adds Berger Sharp, “We would love to take as many companies through the ONE Rowing® program as we can.