Company News – Page 53
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ABYC publishes updated build and repair standards
Free webinar on August 14 to review updated standards and available compliance resources in order to meet MY2026 requirements
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Garmin Q2 revenues up 14% to record $1.51bn
Electronics giant marks fourth consecutive quarter of double-digit growth, with marine segment revenues up 26%
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Suntex expands marina management portfolio
New agreement will see US marina company operate Port of Kimberling resort complex
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Lazzara sells latest UHV series yacht to a repeat client
The Lazzara UHV 90 is scheduled for delivery at the end of 2026
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Henri-Lloyd becomes official UKSA performance clothing partner
The UK Sailing Academy is one of the largest maritime training providers in the world
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Tough FQ3 for OneWater, guidance adjusted downward
CEO blames progressively weaker market environment for fiscal decline
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Avikus establishes US sales office
South Korean tech firm opens new office in Fort Lauderdale to support OEM, aftermarket sales and service
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Hubbell Q2 revenues climb 6%
Electrical Solutions segment, including Hubbell’s leisure marine business, down 2% despite margin expansion and operating profit gains
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Xylem Q2 revenues up 26%
Rule, Jabsco and Flojet parent raises full-year guidance on strong earnings despite softer performance in leisure marine segment
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Marine Investment Bank forms in Turkey
New financial institution will provide support to the Turkish maritime sector
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Azimut UK, MXG Yachts form strategic partnership
Agreement signed to consolidate coverage of the Spanish market
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Absolute Yachts appoints US Gulf Coast dealer
Galati Yacht Sales to represent Italian builder from Florida to Texas
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Further market softness predicted by Brunswick CEO, but company positioning itself for recovery in 2025
Investors respond positively following last week’s earnings call
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Marine firms collaborate to launch electronic anode replacement
CMP Group, Piombino Tech and Quality Mark claim new cathodic protection platform represents a more sustainable alternative to traditional zincs
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AkzoNobel reports third consecutive quarter of growth
Dutch paint and coatings giant releases Q2 financials
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Polish builder to introduce new model, open new production hall
The Stillo 31 will have its official premiere this autumn
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Scotty, Airmar deliver Seeker probe system for downrigger anglers
Companies partner on new suite of data for onboard displays and mobile devices