All articles by Arlene Sloan – Page 3
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NewsFerretti Group remains bullish on continued yacht demand
Ferretti CEO Alberto Galassi said trends were strong across all of the group’s markets and was confident about orders through 2024
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NewsYamaha Motor sees buoyant marine sales
Japan’s biggest marine industry player sees continued strong trends in its boating business
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NewsSwedish builder finds receptive market in the US
US growth seen as key to expansion for Sweden’s Nimbus Group
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NewsSanlorenzo reports record order book; tips hand on new projects
Further development of the Italian yacht builder’s markets in America and Asia-Pacific are among a number of new expansion initiatives revealed during today’s call with analysts
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NewsOXE Marine describes roller-coaster Q3
The diesel outboard maker reported sales gains, amidst supply chain and Hurricane Ian disruptions
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NewsBrunswick posts best Q3 performance in company history
Industry biggest global player, Brunswick Corporation, reported ’exceptional results’ for its third quarter reflecting resilient demand and strong performance – in spite of materially significant damage from Hurricane Ian and other headwinds
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NewsDometic’s marine business posts strong growth, but softening expected
The Swedish equipment supplier to the Mobile Living sector reported a challenging environment in Q3
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NewsGrand Banks returns to profitability; work force expansion planned
Malaysia-based luxury yacht builder provided a sharp reversal of its fortunes from a year ago in the first quarter of it’s new fiscal year, going from a net loss to a positive bottom line
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NewsPrincess 2021 revenues recover; losses reduced
UK luxury builder is looking to improve efficiencies to build 300 yachts a year
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News26-strong boatbuilder buying group hits new milestone
The American Boatbuilders Association is a well-established business model in the US which helps independent builders achieve scale of economy in purchasing and promtes shared knowledge
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NewsAmerica’s top boating market takes devastating blow
UPDATED: Hurricane Ian – which caused the cancellation of IBEX a week ago and then grew into a ‘once in a generation’ weather event decimating Southwest Florida coastal areas – has taken a heavy toll on local residents and businesses, including numerous boat industry companies which account for more than ...
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NewsNimbus Group and Axopar eye further joint distribution
The Swedish and Finnish builders have renewed their distribution agreement and are considering other potential areas for deeper collaboration
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NewsFerretti Group acquires two supply chain partners
Italy’s yacht building group is pursuing integration of suppliers to secure its supply chain and improve profitability
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NewsIBEX cancelled as hurricane heads for Florida
As probabilities increase for Tropical Storm Ian to substantially impact the Tampa region – where major industry trade event IBEX was due to kick-off Tuesday morning – organisers have made the tough call today to cancel this year’s show. The Tampa Convention Center (left), where IBEX was scheduled ...
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News2021 growth for UK luxury boat distributor hits 19%
Despite a year of continued ’abnormal conditions’ Orca Marine sees continued growth
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NewsRolls-Royce and Sanlorenzo team up on methanol propulsion in yachts
The two companies agree methanol propulsion is the ideal solution for sustainable yachting
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NewsNimbus partner – Stream Propulsion – strikes deal with Tohatsu
Japan’s Tohatsu Corporation will deliver key components for electric outboard motors to Stream Propulsion
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NewsSanlorenzo bets on hydrogen fuel cells
Italian luxury builder Sanlorenzo says methanol powered fuel cells are the answer to sustainability in yachting; announces further technology partnerships
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NewsSanlorenzo to provide extra compensation to offset inflation
With raging inflation eroding the value of wages, what will it take for boatbuilders to hang on to their best employees? Sanlorenzo’s latest move suggests one possibility
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NewsSanlorenzo to jumpstart charter business with new acquisition
New service venture to be anchored by acquisition of high-end charter business
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