All Boatbuilders articles – Page 177
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NewsNorwegian firms to produce world’s fastest production electric boat?
New electric boat to launch this spring
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NewsBrunswick sees strong growth and M&A activity for 2021
Questions about capacity, volumes, earnings, acquisition opportunities and channel expansions were answered in today’s call with analysts; boat production expected to hit 40,000 units by 2022
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NewsFerretti renews Itama range
The Italian builder introduces upgrades to the Itama 45S, 62S and 75
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NewsAicon Yachts to launch two new models in 2021 as part of brand’s ongoing rebuild
Following the global launch of the Aicon 66 at the Miami Yacht Show last year, the rebuilding of the Italian Aicon brand will continue in 2021 with the launch of two more models – the Aicon 78 and the Aicon Navetta 110. A further two new models – the Aicon ...
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NewsBig Q4 caps “year of extremes” for Marine Products Corporation
Strong sales of larger boats with greater feature content propelled Marine Products Corp to a 47.6% YOY sales increase during the fourth quarter Georgia, US-based Marine Products Corporation released its 2020 fourth-quarter and full-year financial results on Wednesday, ending a year of unprecedented upheaval on thoroughly solid ...
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NewsSwedish boatbuilder to launch new models, increase production capacities
Sweden’s Nimbus Group plans to introduce two new models this year
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NewsSolid Q4 and year for Polaris; $600m in 2020 boat sales
Revenue gains of 24% for Q4 and 4% for full year highlight strong results for US boat and powersports equipment manufacturer
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NewsUK shipyard secures £2m investment
Discovery Shipyard’s new owner made the capital injection through his investment vehicle Binti Marine Holdings
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NewsGrand Banks temporarily halts work due to Covid
The luxury motorboat builder Grand Banks has halted operations at its yard in Malaysia after an outbreak of Covid infections
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NewsHanse overcomes Covid outbreak; announces record order book
The order book at the end of December 2020 was 62.5% higher than a year earlier
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ArticleNimbus to issue IPO
Sweden’s top boat producer, Nimbus Group, will list its shares on Nasdaq Nordic growth market, aiming to raise SEK 200 million (€20m); This will be second time the company has been publicly traded.
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NewsWilliams Jet Tenders invests £1m in new moulding and manufacturing facilities
Williams Jet Tenders in the UK has invested over £1m in a new state-of-the-art, in-house moulding facility and fully equipped large boat production unit at its Oxfordshire-based premises, enabling it to build over 1,000 tenders per year.
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NewsGlobal boat demand drives expansion and job growth at Brunswick
The boating industry’s largest player, Brunswick Corporation, is undertaking substantial expansion in the US, Mexico and Portugal to respond to unprecedented demand for new boats
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NewsAustralian builder takes on record number of apprentices
Riviera has welcomed a record intake of new apprentices for a second consecutive year as the company heads into 2021 with the largest order book in the company’s 41-year history.
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ArticlePart 3 | Prospects for change and rationalisation in the boating industry, plus the role of IPOs
IBI In-Depth: A three-part series tracking the mixed outcomes for investors from the early pioneers of fibre glass production to the latest wave of investment by private equity firms, wealthy individuals, state-backed Chinese corporations and initial public offerings – which are becoming more frequent as witnessed by today`s announcement ...
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NewsBeneteau America names new president
Beneteau America has named Don Smith as the group’s new president, succeeding Jean-François Lair in the role.
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NewsNimbus prepares to go public with all factories working to capacity
The Swedish boatbuilder has grown rapidly in recent years
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NewsInvestor series to continue… Deals done, not done, and in the pipeline
The third and final part of the IBI in-depth series on the success and failures of investors in the boatbuilding business concludes on Thursday 21st January. Author David Tydeman provides background to some of the more recent acquisitions and divestments, and addresses the impact of recent IPOs both achieved and ...
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NewsGerman Boat and Shipbuilders’ Association registers UK yards
The DBSV can issue British yards the Manufacturers Identity Code (MIC) needed to export boats and yachts to the EU
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NewsObituary: Neil Fernando
One of the veterans of the marine industry in Sri Lanka, Neil Fernando, sadly passed away on January 9th at the age of 83.
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