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Marine business latest stock price review
In this week's share price review, Lewmar relocates its steering division within the UK and Brunswick announces its focus on core competencies (9 May 2008)


Najad acquires Maxi Yachts and forms Linnéa Group
Swedish yacht builder Najad has purchased Swedish yacht brand Maxi Yachts and formed the Linnéa Yacht Group (9 May 2008)


MTU Friedrichshafen opens UK office
The German manufacturer has opened a workshop and office 30 miles south of London (9 May 2008)


Brunger expands sales and marketing team
Guy Julémont has been appointed sales and marketing manager at Brunger Export in the US (9 May 2008)


Sail Racing prepares for global expansion
The Swedish sports clothing brand is set to expand throughout Europe (9 May 2008)


MITEC to hold seminars at IBEX
The Marine Industry Technical Education Council (MITEC) will hold a follow-up to its February 2008 COMITT during IBEX (9 May 2008)


US government agency to award US$13.6 million for pumpout stations
The funding will be made available to 27 states through the Clean Vessel Act grant program (9 May 2008)


Brunswick makes new appointments to Latin America Group
Three executives gain promotions within the group (8 May 2008)


US houseboat builder suspends operations in Kentucky facility
Sumerset Houseboats has shuttered its "satellite" facility in Monticello (8 May 2008)


Brunswick to stay with core competencies
CEO McCoy tells annual meeting Brunswick will stay with boating, bowling and fitness equipment rather than expand into new fields (8 May 2008)


San Diego Superyacht Association formed
The group's mission is to promote San Diego as a world-class superyacht destination and provide a conduit to marine services and suppliers (8 May 2008)


Palma show to expand
A planned expansion of the show has already begun with new moorings for boats and a second entrance for visitors (8 May 2008)


Yamaha Marine Group announces promotions
This is the second round of promotions for Yamaha's US-based division (7 May 2008)


Sealegs gets orders for 102 boats
The company said the orders amount to NZ$9.9 million (7 May 2008)


Dometic receives safety certification
Dometic's CR line of marine refrigerators have received electrical safety certification for the Australian and NZ markets (7 May 2008)


Parker Poland expands RIB facility
The Polish RIB manufacturer has unveiled a new 1,800sq m production hall at its Ostróda plant near Warsaw (7 May 2008)


Gurit appoints new general manager
The Swiss composites specialist has appointed Rudolf Gerber as general manager of its Wind Energy unit, effective August 1, 2008 (7 May 2008)


Nordic Tugs receives export award
The US manufacturer of tug-style trawler yachts has been recognised for its move into foreign markets by the US Department of Commerce (7 May 2008)


ACR names new technical sales rep
Charles Speakman has joined ACR Electronics in the US as technical sales representative of the Outdoors & Marine division (7 May 2008)


New shareholder announced for Scorpion RIBs
RIB enthusiast takes major stake in UK builder (6 May 2008)


GE Money to drop US consumer boat loan program
The company cites low returns on its retail loans. One competitor sees GE's departure as a chance to gain market share (6 May 2008)


Strictly Sail Pacific attendance down 15 per cent
But exhibitors say visitor quality was strong (6 May 2008)


Challenger Powerboats files Chapter 7 Bankruptcy
The Missouri-based builder of the Challenger, Sugar Sand and Gekko lines to cease operations (6 May 2008)


Navico in supplier agreement with Nautor's Swan
H3000 system to be standard fit across the range (6 May 2008)


Global Services named UK distributor for Niro Peterson Yacht Fittings
New distributor to help expand fittings range in UK and Ireland (6 May 2008)


Lewmar relocates steering division
In a move to improve costs, quality and service, Lewmar has closed its Luton factory and relocated its steering division to its Havant HQ. (6 May 2008)


Nexus Marine appointment
Marine electronics manufacturer names new finance manager (6 May 2008)


Hyth Marina opens boatyard facility
New boatyard for UK Jeanneau dealer (6 May 2008)


US Homeland Security Chief outlines marine protection strategy
Michael Chertoff discusses a multi-prong approach to combating potential terrorism in US ports (2 May 2008)


Marine business latest stock price review
In this week's share price review, Bénéteau posts strong first-half results, Yamaha starts a network rental clubs designed to spread boating across Japan, and MarineMax, Johnson Outdoors, Teleflex and West Marine all release quarterly financial figures (2 May 2008)


Aqualiv teams up with Copiax
Copiax will introduce Aqualiv's NavEye products on the Swedish locking and security market (2 May 2008)


Exhibitors 'upbeat' at Boat Asia 2008
This year's Boat Asia saw the Singapore show under new management for the first time (2 May 2008)


New Northstar distributor in Sweden
Navpoint AB will distribute the Northstar range of marine electronics in Sweden (2 May 2008)


Reorganisation at Brunswick Marine in Europe
Eight management staff, including one vice president, were made redundant at Brunswick Marine's Belgian headquarters this past Wednesday (2 May 2008)


Ekomarine signs distribution deal for Finland
Aquastore will distribute Ekomarine's 'environmentally friendly' antifouling paint in Finland (1 May 2008)


Tallon Marine targets US market with online store
The New Zealand company said it is launching the site because of increased demand for products (1 May 2008)


MarineMax posts lower sales, net loss for second fiscal quarter
Same-store sales dropped by 28 per cent (1 May 2008)


Australia's biggest boatbuilder trims down
Riviera announces 136 redundancies following a drop in orders (1 May 2008)


Linssen appoints Italian dealer
Giaroli SAS of Orbetello is Italy's official dealer for Dutch pleasure boat brand Linssen Yachts (1 May 2008)


Canada Metal names new vice president
Kent Ollis is the new vice president of business development for anode manufacturer Canada Metal (1 May 2008)


Alcan Airex signs Turkish distributor
Metyx Composites is the exclusive distributor of Alcan Airex composite products in Turkey (1 May 2008)


Abu Dhabi show adds to sales team
Based in Geneva, Fabien Hauret will grow interest from European superyacht yards and service operators (1 May 2008)


New superyacht magazine launches in the UK
Bi-monthly consumer magazine SuperYacht World goes on sale this week (1 May 2008)


Navimo announces new Plastimo MD
Michel Dorez will be the managing director of Plastimo France, founding brand of the European boat equipment supplier Navimo Group (30 April 2008)


Bella to offer Northstar chartplotters
Navico has signed a deal with Finland's Bella Boats that will see its Northstar chartplotters offered on seven of the company's boat models (30 April 2008)


Soundings Trade Only editor dies
JoAnn Goddard, a highly respected boating journalist, died unexpectedly at the American Boating Congress earlier this week (30 April 2008)


West Marine reports lower sales, higher net loss for Q1
The company remains "cautiously optimistic" for improved sales in second quarter (30 April 2008)


Daimler buys major stake in Tognum
Swedish private equity group EQT has sold its remaining 22 per cent stake in the German engine specialist to Daimler AG (30 April 2008)


FCI Watermakers chooses Seabreeze
Seabreeze Industries will distribute the company's reverse osmosis desalinators throughout Australia (30 April 2008)


Online magazine partners with BoatUS
Independent online boating magazine Mad Mariner will provide a custom news feed for BoatUS, an association for American boaters (30 April 2008)


Horizon names new US dealer
US reverse osmosis firm Horizon has chosen Ocean Link to serve as the company's first premier dealer for New England (30 April 2008)


McMurdo appoints New Zealand distributor
Bright Ideas ELB Ltd will distribute British emergency beacon brand McMurdo in New Zealand (29 April 2008)


Buoyed by acquisitions, Teleflex Q1 sales up 37 per cent
But net income drops by 48 per cent; marine sales rise two per cent (29 April 2008)


Yamaha boat clubs designed to spread boating across Japan
Its "Sea Style" rental clubs operate in 40 marinas (29 April 2008)


New marina for Castel Volturno
A marina with 1,200 berths including space for 28 superyachts will open 35km northwest of Naples, Italy, in 2011 (29 April 2008)


Clipper opens new UK office
British Bavaria dealer Clipper Marine has opened a new east coast office in Ipswich (29 April 2008)


Astondoa acquires Faeton Yachts
Spanish luxury yacht builder the Astondoa Group has acquired Faeton Yachts of Spain (29 April 2008)


Scania reports strong first quarter
Sales of industrial and marine engines grew by 24 per cent to SEK 276 million in the first three months of 2008 (29 April 2008)


Lamor Group acquires Hyde Marine
Finland's Lamor Group has acquired the US manufacturer of ballast water treatment systems for an undisclosed sum (29 April 2008)


MWSYG holds first superyacht meeting
Australia's Mackay Whitsunday Super Yacht Group (MWSYG) held its first meeting in Airlie Beach last week to promote opportunities in the superyacht sector (29 April 2008)


EmpirBus names new MD and board members
Henrik Stenström has been appointed managing director of EmpirBus following its recent shareholder meeting (29 April 2008)


SeaWide opens new distribution centre
The US distributor of marine and consumer electronics is to open an east coast distribution centre in Sarasota, Florida next month (29 April 2008)


FarSounder opens new test facility
The US manufacturer of 3D forward-looking sonar technology has opened a new test facility in Warwick, Rhode Island (28 April 2008)


BRP appoints Welsh Sea-Doo dealer
World Wide Watersports in south Wales will distribute BRP Recreational Products' Sea-Doo personal watercraft brand (28 April 2008)


Johnson Outdoors posts slight drop in sales for Q2
But net income is off by 74 per cent (28 April 2008)


Teleflex Q1 sales up 37 per cent
But net income drops by 48 per cent (28 April 2008)


New Jersey reports US$2.1 billion economic impact of boating
The study measured expenditures related to boating's impact on state economy (28 April 2008)


Bénéteau posts strong first-half results
The French boatbuilder says that operating income in the six months ended February 29, 2008 grew by 23.9 per cent to €40.4 million (28 April 2008)


Obituary: Lucio Nodari
The co-manager and joint owner of Dutch climate control specialist NR Koeling has passed away at the age of 56 (28 April 2008)


Performance Metals signs with GTC Worldwide
US-headquartered GTC Worldwide will be British anode supplier Performance Metals' direct export representative (28 April 2008)


ISAF draws equipment for Olympic games
President of the International Sailing Federation Göran Petersson completed the random draw (25 April 2008)


Marine business latest stock price review
In this week's share price review, Brunswick, Twin Disc, Volvo and Marine Products Corp all release quarterly financial figures (25 April 2008)


Navico appoints Swedish Northstar distributor
Navpoint AB will distribute Norwegian electronics firm Navico's Northstar navigation range in Sweden (25 April 2008)


VEP acquires minority interest in Jongert
Value Enhancement Partners (VEP) has acquired a minority interest in the Dutch superyacht builder (25 April 2008)


Is China's marine market potential starting to be realised?
Visitor numbers may have been down, but mood positive at the China International Boat Show, as key players get set for growth in market (25 April 2008)


Gurit reports rise in sales to marine customers
Swiss composites supplier Gurit has released its first quarter results (25 April 2008)


Sunseeker installs new travelift
The 160-tonne hoist at Poole Quay is capable of lifting boats of up to 47m (154ft) (25 April 2008)


Volvo reports strong sales increase for Q1
The Swedish transport group achieves the highest operating income to date for a single quarter (25 April 2008)


Nimbus Boats buys Paragon Yachts
Swedish yard Nimbus Boats has bought all shares in Finnish boatbuilding company Paragon Yachts Oy (25 April 2008)


BRP opens genuine parts facility in Florida
The Ft Lauderdale warehouse offers BRP dealers greater availability of Johnson and Evinrude parts (25 April 2008)


Night Vision names New Zealand dealer
Electronic Navigation Ltd will represent American firm Night Vision Technologies in New Zealand (25 April 2008)


Minnesota dealer to hold public auction of boats
Crystal-Pierz Marine to oversee auction of hundreds of used boats (24 April 2008)


Brunswick posts 3 per cent sales decline, 71 per cent drop in profits
The company expects to cut production further into the next quarter (24 April 2008)


Jersey marinas to get new berths
Jersey Harbours is to provide new berths at St Helier Marina and expand the capacity of Elizabeth Marina (24 April 2008)


UCINA launches TV campaign
Italy's marine federation UCINA will use a 20-second advert to promote boating for summer (24 April 2008)


New CFO at Sanlorenzo
Diego Cavalli is the new chief financial officer at Italian superyacht builder Sanlorenzo Spa (24 April 2008)


Sea Recovery opens Spanish facility
The new location will allow the company to better serve its dealers and distributors in Europe, Africa and the Middle East (24 April 2008)


Kenyon names Italian distributor
American cooking equipment manufacturer Kenyon International has appointed Farcomm Srl as its distributor in Italy (24 April 2008)


American Marine Products appoints new rep
Marc de Rochefort will represent the company's welded aluminium windows, doors and windscreens on the European market (23 April 2008)


Surviving the "Perfect Storm"
Economists at US marine design conference outline different scenarios of industry recovery. One sees recovery in six months, the other by 2010 (23 April 2008)


Mastervolt names UK distributor
Luton-headquartered marine equipment distributor Aquafax will represent Dutch power products firm Mastervolt in England and Wales (23 April 2008)


Marine Products Corp reports higher sales and income for Q1
But unit sales for the quarter fell by 9 per cent (23 April 2008)


FCI Watermakers appoints new dealer
The US manufacturer of reverse osmosis desalinators has chosen Azimuth Maritime Corp to serve as its dealer in Puerto Rico (23 April 2008)


Mariotti and San Giorgio form holding
Italian superyacht builder T Mariotti and repair yard San Giorgio del Porto have joined to form holding company Genova Industrie Navali (23 April 2008)


Twin Disc reports slight decline in Q3 sales
But the transmission and propeller manufacturer posted higher profits (22 April 2008)


Haines Group names new regional manager
Darren Vickers will oversee the company's operations in Western and South Australia for Suzuki Marine and The Haines Group's boating brands (22 April 2008)


Colligo names US distributors
American rigging supplier Colligo Marine has chosen firms in California, Connecticut and Washington to distribute Colligo Synthetic Systems (22 April 2008)


Last Global Challenge yacht sold
Administrators have sold the final yacht belonging to the operator of the Global Challenge round the world race (22 April 2008)


New York boat show gets new dates
After five years of straddling the Christmas and New Year holidays, the show will move to mid-December (22 April 2008)


LaserPerformance appoints new president and CFO
Devin Kelly named as president and Jim Forrest becomes chief financial officer for sailboat manufacturer (22 April 2008)



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