All Boatbuilders articles – Page 179
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Brazilian boat market forecast to grow by 20% in 2020
The Brazilian leisure marine market has undergone major changes over the last 10 years, says Eduardo Colunna, president of Brazilian boatbuilders’ association ACOBAR. He cites a significant increase in the length of boats on offer, improvements in quality, and a reduction in the number of shipyards in operation.
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Stabicraft founder steps aside as CEO
Iconic Kiwi boat manufacturer Stabicraft is on the hunt for a new chief executive with its founder Paul Adams stepping aside, providing a pathway for a new leader after 33 years at the helm.
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Historic Italian brand re-enters yacht market
Iconic Italian boatbuilder Falcon Yachts has re-entered the market following its recent acquisition by T-Quest Holdings of the Middle East.
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Dutch superyacht builder opens newly expanded interiors facility
Heesen Yachts says demand for more sophisticated interiors requires more space and equipment
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Numarine introduces its smallest expedition yacht to date
The new 22XP is a response to client demand for compact explorer vessels
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Austin Parker unveils new Fulvio De Simoni yacht line
The new range offers innovative and functional design solutions
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The future is here: Nautique charges forward with award-winning, all-electric tow sport boat
The Nautique GS22E The first all-electric boat capable of delivering a “normal watersports use experience” was introduced to the Miami International Boat Show (MIBS) last week by Nautique Boats, and not surprisingly, was named a National Marine Manufacturers Association (NMMA) Innovation Award winner for Electrical Propulsion. The ...
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Invincible launches new cat, branding campaign as it enters international waters
With the Miami International Boat Show (MIBS) right in its backyard, Invincible Boats – maker of monohull and catamaran open fisherman-style offshore boats since 2006 – announced a new model and a new branding campaign as the company begins international operations as part of an aggressive growth campaign.
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Marquis Yachts in for the long haul; sale imminent
CEO Rob Parmentier: A deal could come as early as this week or next
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Case against Tectrax struck out in High Court
Sealegs International and its parent, Future Mobility Systems, have withdrawn their High Court claim against fellow New Zealand-based company Tectrax for alleged infringement of copyright in the unique arrangement of features in the Sealegs amphibious system.
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Grand Banks reports 10-year high for order book
Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...
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Riviera signs on record number of apprentices for 2020
Boatbuilder welcomes 80 budding boatbuilders to its annual training program
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Sanlorenzo’s 2019 preliminary results show 39% growth in revenues
Following its IPO in December, Italian yachtbuilder Sanlorenzo posts strong gains in sales and profitability with EBITDA up 73.4% to €66m
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Norwegian builder invests in Lithuanian facilities
Marex is expanding its foreign presence amid rising sales
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Busy start to 2020 for McConaghy in both China and Australia
McConaghy, the specialist raceboat and multihull yacht builder, has had a busy start to 2020 at both its yards in China and Australia.
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Scout to unveil multiple new models at Miami show
Fibreglass boat builder Scout Boats will unveil a number of new outboard-powered day boat models at the Miami Boat Show this week which reflect unique design elements achieved through its vertical integration strategy.
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Malibu Boats reports solid Q2 sales
Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder
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Beneteau confirms positive outlook for 2020
French boatbuilder Beneteau Group confirmed a positive financial outlook for the Boat Division’s 2019-2020 financial year, based on ‘robust’ trends in European and charter markets
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Misty Harbor to close Iowa plant
Pontoon boat manufacturer Misty Harbor is closing its manufacturing plant in Iowa to consolidate operations at its headquarters in Indiana “to optimise operational efficiency and reduce logistical costs, the company announced Monday afternoon. 45 employees will lose their jobs.
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Softer Q2 for MasterCraft
MasterCraft Boat Holdings Inc reported declines in net sales, net income and adjusted ABITA in its 2020 second quarter results, reflecting impacts of a weather-dampened summer 2019 retail season and subsequent measures to “right-size” dealer inventories.