All COVID-19 articles – Page 15
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NewsPrincess Yachts appeal to UK government answered
Following an urgent request for government backing made by its executive chairman Antony Sheriff on the 26th March, Princess Yachts has managed to secure the funding which it was being denied as an apparent oversight in the government’s Corona Large Business Interruption Scheme. Initially the company was caught in the ...
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NewsMaverick Boat Group adapts to remain operational
Maverick Boat Group (MBG) continues to build its four brands at two locations in Fort Pierce, Florida, despite the challenges of producing product under the rules of engagement with the COVID-19 virus, and company CEO Scott Deal went to Facebook on Friday to make it clear.
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NewsMarine lenders working with boaters/dealers, independently
A call for US marine lenders to temporarily postpone boat loan payments is being answered, but not collectively or formally, according to bankers involved in both consumer and commercial boat loans. National Marine Lenders Association president John Haymond – a Sr VP of Business Development with Medallion Bank – told ...
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NewsPolish builder continues production, exports despite coronavirus outbreak
Polish boatbuilder Balt-Yacht says that, despite the ongoing coronavirus outbreak, its sales have not significantly decreased, with only a handful of orders cancelled by customers. The company is also proceeding with exports of its yachts.
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NewsBeyond COVID-19
IBI’s weekly reminder that despite the unique set of events gripping the world, there are positives out there.Today’s Beyond Covid-19 highlights new investments, innovations and marine firms doing their bit in the battle against the Coronavirus.
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NewsGlobal Covid-19 update
The International Council of Marine Industry Association (ICOMIA) and its member associations are providing regular updates to a ’living’ State of the Industry report tracking the latest regulations regarding COVID-19 and the specific impacts on the boating sector in countries across the world.
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NewsDutch boating sector issues vouchers for cancelled services
The Dutch recreational boating sector has launched a voucher system for people who have paid for a rental, training course, holiday package or other service that was cancelled due to the coronavirus outbreak. The vouchers can be used at a later date for a new booking with the same company ...
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NewsMarine manufacturers seek out production opportunities
US marine manufacturers large and small continue to look for opportunities to aid in the fight against the COVID-19 pandemic while keeping people safe and working.
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NewsCoronavirus update | 2 April
Mustang Survival begins producing medical gowns; Viking Yachts, Ocean Safety issue business updates; Versilia Yachting Rendez-Vous cancelled
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NewsMarineMax expects Q2 revenues equal to or above 2019
America’s largest boat retailer announced expected revenues for its second quarter ending 31 March of $303 to $308 million, along with further insights on how the Cornovirus is affecting the company
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NewsSome US boat dealers note sales uptick despite Covid-19
Interest rate cuts and low fuel prices said to drive interest in boating as a means of social distancing
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NewsFight against coronavirus creates “dire situation” for Dutch boating industry
The recent tightening – and extension – of anti-coronavirus measures in the Netherlands have increased financial harm to the country’s already hurting recreational boating sector, says the Dutch leisure industry trade lobby.
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NewsBoating World SA gears up for African market growth post-coronavirus
Boating World South Africa, Africa’s biggest luxury boat importer, reports continued market activity in South Africa and sub-Saharan Arica, even as the company operates in lockdown conditions.
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NewsCoronavirus update | 1 April
Fairline scales back operations; Delphia Yachts halts production; Azimut-Benetti donates PPE kits
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NewsBRP temporarily halts or slows down global operations in response to Covid-19
Bombardier Recreational Products (BRP) has announced that, due to the rapid evolution of the COVID-19 situation, the company is temporarily suspending or slowing down all powersports and marine manufacturing operations around the world. These actions, says BRP, will allow the company to evaluate and respond to the changing conditions, as ...
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NewsMarine Products Corp suspends production
Marine Products Corp announced on Monday that it had temporarily suspended manufacturing operations at its Nashville, Georgia production facility. The facility produces all of the company’s recreational pleasure boats under the Chaparral, Robalo and Vortex brand names.
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NewsUS Paycheck Protection Program begins 3 April
Boat dealers and small builders in the US can begin applying for economic relief this weekend under a new government program put into place to stem the financial effects of the COVID-19 pandemic.
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NewsBeneteau’s Polish yard halts production, looks to reopen on April 17
Delphia Yachts temporarily stops production at its Olecko yard
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NewsFairline Yachts scales back operations
Boats in build at the Fairline Yachts factory in Oundle The UK’s Fairline Yachts is scaling back operations at its Oundle-based facility due to the ongoing Covid-19 pandemic. The move follows similar measures by Princess Yachts, which announced a controlled shutdown of its UK facilities last week, ...
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NewsGlobal COVID-19 Update
The International Council of Marine Industry Associations (ICOMIA) and its member associations have provided a ’State of the Industry’ report covering COVID-19 restrictions implemented in countries across the world, particularly as they apply to the boating sector
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