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Posted Thursday, September 18th, 2014

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Actisense reports strong 2014

Posted Friday, January 30th, 2015

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Actisense, the UK-based marine electronics brand from Active Research Ltd, has reported an 18% increase in turnover in 2014. During the period, the company hired three more staff and expanded its Dorset-based premises to help facilitate growth, while…

Brunswick 2015: Europe and currency “headwinds”, but US market remains solid

Posted Friday, January 30th, 2015

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Brunswick chairman Dustan McCoy gave an upbeat assessment of how the company should perform in 2015 following the release of its fourth-quarter financials. McCoy expects mid single-digit growth in its engine business and low double-digit growth in the…

Marine business latest stock price review

Posted Friday, January 30th, 2015

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- MarineMax has announced that sales jumped 44% to US$158.1m for Q1 quarter ended December 31, 2014
- Marine Products Corp has reported sales of US$37.4m for Q4 ended December 31, 2014, a 5.9% decrease compared to the same period a year ago
- Brunswick…

ASMEX registrations up

Posted Friday, January 30th, 2015

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AIMEX, the Australian International Marine Export Group, has announced that registrations for the upcoming Australian Superyacht and Marine Export Conference (ASMEX) are currently 20% higher than they were at this time last year.
“In an industry that…

Fairline parts ways with long-time UK dealer

Posted Friday, January 30th, 2015

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The UK’s Fairline Boats and Boats.co.uk, formerly Essex Boatyards, have agreed to end their dealership agreement which has been in place for many years. The British boatbuilder will now supervise the distribution of its boats through a new arm of the…

New Greek government may stop marina privatisations

Posted Friday, January 30th, 2015

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The new Leftist Greek government’s plans to halt the privatisation of state-owned assets raises big questions over the Nereid Project, launched in 2013, to privatise 46 marinas and tourists ports.
In an initial move highlighting the emphasis that…

Appointment at Xantrex

Posted Friday, January 30th, 2015

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Xantrex, a Canadian electronic equipment manufacturer, has appointed Nathan Costa as its east coast sales manager. Costa will manage an existing account portfolio and explore new opportunities within the marine, RV, commercial truck, distribution and O…

The Yacht Concierge hires new manager

Posted Friday, January 30th, 2015

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Madalina Eriksson has joined The Yacht Concierge’s London, UK team as its new business development manager.
Reporting to CEO Michael Newton-Woof, Eriksson will be responsible for overseeing and growing new business opportunities both in the UK and in…

Key Biscayne Village to sue city of Miami over boat show

Posted Friday, January 30th, 2015

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The Key Biscayne Village Council has voted to file a lawsuit against the city of Miami over rehabilitation plans for the Miami Marine Stadium. Council members are worried about traffic-heavy events like the Miami International Boat Show (MIBS) damaging…

Brunswick ends year with 32% rise in pre-tax earnings, expects similar growth for 2015

Posted Thursday, January 29th, 2015

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Brunswick Corp today reported sales of US$938.6m for its fourth quarter ended December 31, up 14% from a year ago. The company reported a net loss of US$2.3m compared to net income of US$578.7m a year ago.
Its Marine Engine segment had net sales of…

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