All Article articles – Page 1342
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Cummins third-quarter earnings drop 88 per cent
Cummins, which makes diesel engines, reported that its third-quarter net earnings dropped by 88 per cent to US$3 million. (12/10/01)
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Great American ii continues record-breaking
The Boston-based trimaran Great American II crossed the Equator two days ago, stepping up her record-breaking pace on a non-stop voyage from New York City to Melbourne, Australia. (12/10/01)
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Prout UK formed as Prout Catamarans goes into administration
A new company, Prout UK, has now been formed after administrators were called in on September 12 to Prout Catamarans Ltd, the UK's only production cruising catamaran builder. (11/10/01)
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Westlawn to re-schedule annual meetings
The Westlawn School of Yacht Design has announced that it will postpone its annual Alumni Meeting and Design Symposium, originally scheduled for February 5, 2002. (11/10/01)
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SSL forced to pull out of Windsor Trade Show
Following news that administrators had been called in yesterday, Europe's largest marine retailer and distributor Sowester Simpson-Lawrence, has been forced to pull out of the Marine Trade Show in October. (11/10/01)
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Fate of SSL hangs in balance
Trade rumours, as yet unconfirmed, that Sowester Simpson-Lawrence, Europe's largest marine importer and distributor, is in financial difficulty were heightened yesterday as calls to the Poole, UK-based company were answered with the pre-recorded message saying that the company was "temporarily closed today". (10/10/01)
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Westerbeke faces reversal in US$4.2 million arbitration award
The Westerbeke Corporation announced that a US$4.2 million damages award against Daihatsu Motor Company had been vacated by the Federal District Court of New York. (10/10/01)
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Fossett takes Atlantic record
Steve Fossett, the American yachtsman, powered his mighty Play Station catamaran across the finish line today to set a new sail record across the Atlantic. (10/10/01)
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Sowester Simpson-Lawrence in administration
At 2.30pm today business administrators were called in to Sowester Simpson-Lawrence. (10/10/01)
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PlayStation transAtlanic record attempt
A new 24 hour sailing record of 687.17nm was set Sunday afternoon, pending ratification by the WSSRC, by skipper Steve Fossett's maxi-catamaran PlayStation. (9/10/01)
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Bumper Barcelona
The biggest-ever Barcelona boat show attracted 138,000 visitors and 550 exhibitors.
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Genmar withdraws stock offer
US boatbuilding group Genmar has withdrawn its stock market floatation because it says that a major investor interested in its VEC moulding process, has emerged.
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Norwegian boatbuilders join forces
MOI Btproduksjon AS is a new boat production company formed by Norwegian boatbuilders Ibiza Boats and Viknes Bat.
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Pre-Christmas flit for Riviera Marine
Production at Australia's biggest powercruiser builder, Riviera, is expected to grow from 300 to 500 units a year in new premises.
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New facilities at Fairline
Fairline, one of Europe's leading powercruiser builders, is building a new factory to produce craft of more than 60ft.
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US group buys Lombardini Marine
Italian small marine diesel engine manufacturer Lombardini has a new owner, US industrial and automotive components maker Mark IV.
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New Horizons defined at Paris
Winners of the first-ever New Horizons competition to highlight outstanding industry efforts to making boating more accessible, have been announced
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Simpson-Lawrence and Lewmar under one roof
Simpson-Lawrence USA and Lewmar to consolidate US warehouse operation