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SUTL Enterprise reports fall in 2018 net profit

2019-02-21T14:33:00+00:00

Singapore-listed marina developer and operator, SUTL Enterprise Ltd, has reported a net profit of S$5.8m for the year ended December 31, 2018. This is a 14% fall compared with the restated S$6.8m recorded in 2017. Earnings per share slipped to S6.71 cents as against S7.81 cents in the year previous.

Glendinning appoints Croatian distributor

2019-02-21T14:23:00+00:00

Glendinning Marine, a US manufacturer of shore power and water hose handling storage systems as well as electronic engine controls, has chosen STAL as its distributor for Croatia.

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Garmin posts strong Q4, 2018 full-year results

2019-02-21T13:15:00+00:00

Garmin ended both its 2018 fourth quarter and full fiscal year on a high note, reporting higher revenues, gross margins, operating margins and operating incomes driven in part by strong contributions from its marine segment.

Sanctuary Cove International Boat Show 2014

SCIBS 2019 nears sell-out

2019-02-21T12:45:00+00:00

The organisers of the Sanctuary Cove International Boat Show (SCIBS) have announced a surge in exhibitor bookings for this year’s event, with spaces expected to sell out well before the show opens in May.

US powerboat registrations up in 2018

2019-02-21T12:23:00+00:00

2018 saw a 4.2% increase in new powerboat registration in the US, according to data released by the National Marine Manufacturers Association (NMMA).

Pietro Schiaffonati, OEM sales manager at Osculati

Osculati expands sales team

2019-02-21T11:51:00+00:00

Italian marine accessories firm Osculati has expanded its sales team with the addition of Pietro Schiaffonati as OEM sales manager.

American Magic

SeaDek in supply deal with America’s Cup challenger

2019-02-21T11:28:00+00:00

SeaDek Marine Products in the US has been named Official Supplier of New York Yacht Club’s American Magic, Challenger for the 36th America’s Cup.

The 80m Bilgin 263 is the largest yacht built in Turkey to date

Bilgin Yachts joins SYBAss

2019-02-21T10:54:00+00:00

Turkey’s Bilgin Yachts has joined SYBAss, the Superyacht Builders Association. Membership is only granted to a yard once it has built three superyachts over 40m (131ft) in length.

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Vladimir Zinchenko

SVP Yachts | Vladimir Zinchenko

The owner of SVP Yachts, builders of Shipman sailboats, OceanClass and the Greenline range of hybrid motoryachts, looks back on the fateful day he took over the Slovenian builder in 2015, and outlines plans for future growth

New Boat Show Calendar!

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2019 IBI Boat Show Calendar Now Available

2019 IBI International Boat Show Calendar

IBI TV

Graphic MTU hybrid system in Sunseeker yacht_press[2]

Case Study - Sunseeker and MTU's new hybrid drive

Sunseeker and MTU respond to changing trends in boat usage with smarter, more innovative hybrid power system

Raymarine DockSense Virtual Bumper

Raymarine unveils DockSense technology at Düsseldorf

The new assisted docking system – featuring five sensor cameras to create a virtual bumper – is said to be an industry first; see a video demo below

Spotlight

Xantrex HALT Product Test Lab

Makings of a Merger: Xantrex & MCE discover an ideal fit

Buoyed by new ownership and steady category growth, Canadian electrical equipment manufacturer Xantrex seeks to build its global market share with funding and development support from MCE.

Upcoming Events

Tuzla Boat Show

16-25 February 2019, Istanbul, Turkey

Zagreb Boat Show

20-24 February 2019, Zagreb, Croatia

Nauticampo - Lisboa Boat Show

20-24 February 2019, Lisbon, Portugal

See more events

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Rise of Renewables

Working with conventional engines, but sometimes seeking to replace them, electric propulsion is gaining more of a market share, especially in the commercial, charter and large yacht sectors

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Stabilisers

Powered stabilisers that dampen a boat’s motion have seen a reduction in costs, more responsive motors and greater systems integration