Latest News

  • Suzuki outboard engine

    Suzuki’s marine sales grow; general manager comments on results

    2020-05-27T15:14:00Z By Nick Hopkinson,

    Suzuki’s latest annual results, released yesterday, show that its marine business was the only division of the company to record sales growth despite a sharp downturn in March 2020. By far the largest proportion of the business designated as the marine division is derived from the sales of outboard ...

  • Delta 'T' Systems

    Delta ‘T’ Systems hires mechanical engineer


    Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has hired Lucas Doranth as a mechanical engineer.

  • salom-yachts-atlantic_01

    Boero YachtCoatings signs deal with Salomé Yachts


    Boero YachtCoatings, the Yachting Division of Italian paint and coatings specialist Gruppo Boero, has signed an exclusive partnership agreement with Berlin-based Salomé Yachts Design GmbH to jointly develop a unique range of coatings for Salomé’s Atlantic Series of luxury tenders.

  • OXE Marine AB - Order book by region

    OXE Marine publishes first quarter results

    2020-05-27T12:19:00Z IBI , by Neil Eaves

    Swedish outboard engine maker OXE Marine discussed the impact of Covid-19 on the company’s results for the first quarter of 2020, ending March 31

  • Zeelander Yachts Facility 01

    Dutch builder expands yard in response to “growing demand”


    Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.

  • Riva 88' Folgore

    Riva launches first new model of 2020


    Italy’s Ferretti Group launched the Riva 88’ Folgore at its shipyard in La Spezia on Monday, marking the company’s first model launch of 2020. The La Spezia facility is dedicated to the construction of Riva yachts from 76ft-110ft in length.

  • Sara Anghel Jan 21 2020

    ICOMIA names new president, board appointments


    The International Council of Marine Industry Associations (ICOMIA) has announced a number of board appointments in the wake of its annual general meeting last week, including the election of Sara Anghel as its new president.

  • Port Louis marina, Grenada

    Caribbean island locations start to open up


    The Caribbean islands are in the early stage of opening up after tough lockdown regulations were put in place to cope with the COVID-19 pandemic. The Dutch Antilles island of Aruba has announced that it will open from June 15 and Grenada has also received its first yacht arrivals with ...

  • Cox CXO300

    CXO300 diesel outboard enters production


    Cox Powertrain has announced the start of production of its 300hp diesel outboard engine, the CXO300, at its UK headquarters and advanced assembly and test facilities in Shoreham, West Sussex.

  • Clarks Landing Yacht Sales

    Pandemic drives US boat sales

    2020-05-26T14:12:00Z IBI , by Tony Esposito

    “Sales have exploded over the past four weeks.” That sentiment, expressed to IBI by Clarks Landing Yachts Sales general manager Dave Patnaude, is seemingly shared by a variety of boat dealers across the US. His two locations in Maryland and one in New Jersey have seen around US$4m in ...

  • OXE diesel outboard

    OXE Marine selects US manufacturing partner


    Sweden’s OXE Marine AB has chosen Outdoor Network Manufacturing (ONM) in the US to serve as its manufacturing partner in the US.

  • Invincible-Boats-42-Centre-Cabin-2-scaled

    Invincible Boats lives up to its name

    2020-05-26T13:18:00Z IBI , by Tony Esposito

    Despite losing about six weeks of production to the COVID-19 pandemic, Invincible Boats is on track to reach its calendar year 2020 production goals, though its fiscal fourth quarter – which ends in July – will likely offset gains made in the first half of the fiscal year. Exempt ...

  • Nic Johansen

    Obituary: Nic Johansen


    Nic Johansen, CEO of Elvstrøm Sails Sarl France, passed away suddenly last week.

  • P&O Marina at Port Rashid Dubai

    World Marinas Conference postponed to 2021


    The International Council of Marine Industry Associations (ICOMIA) and P O Marinas have announced the postponement of the ICOMIA World Marinas Conference to October 2021. The event was originally due to take place from October 13-15, 2020 at P O’s new marina in Port Rashid in Dubai.

  • R&C

    Robertson & Caine looks to make up lost production as SA economy reopens

    2020-05-26T10:16:00Z IBI , by Bobby Jordan

    South Africa’s biggest yard is to ramp up production under new health and safety regulations

  • Marco Valle_Ceo Azimut Benetti Group 2

    Marco Valle appointed CEO of Azimut-Benetti


    Franco Fusignani will remain on the group’s board of directors

  • 30th Monaco Yacht Show to proceed

    Monaco Yacht Show to proceed as non-profit event


    Following concerns voiced by key players in the superyacht industry, the Principality of Monaco and Informa are working together to deliver an intimate, not-for-profit event in September 2020

  • Swedish boating family

    Marine stocks benefit from ‘Staycation’ trend

    2020-05-22T16:17:00Z IBI , by Arlene Sloan

    Shares of Dometic Group, noted Bloomberg, have jumped 71% since the end of March, topping Europe’s Stoxx 600 Index for the same period.

  • IBI_logo_3D

    Beyond COVID-19


    IBI’s weekly reminder that despite the unique set of events gripping the world, there are positives out there. Today’s installment of ’ Beyond Covid-19’ highlights new investments, innovations and marine firms doing their bit in the battle against the coronavirus.

  • Greece-Paxos-generic-leisure-boats

    Greece gears up for busy 2020 boating season


    Greece ended its lockdown on May 4 and is still successfully dealing with Covid-19, so businesses are gradually reopening – some sooner than initially expected. High temperatures (higher than usual for May) of up to 37-40 degrees Celsius have also helped.