
Craig Ritchie
Craig Ritchie is IBI’s North America editor, covering the Canadian and US markets with a focus on technology and business strategy. He began writing about the North American boat industry in 1989; prior to joining IBI he served as director of editorial for one of Canada’s largest magazine publishers.
NewsTwin Vee revenues up, losses reduced in positive third quarter
US boat builder making progress on return to profitability through cost controls, dealer growth and monetisation of non-core assets

NewsMixed Q3 for KVH
Sequential revenue growth from the second quarter boosts confidence as the company works toward its year-end goals
NewsFlat revenues, lower profits in challenging Q2 for Suzuki
Higher material costs and unfavourable currency exchange eat at profits
NewsMasterCraft first-quarter results exceed expectations
US boat builder reports 5.6% YoY revenue gain on higher volumes, prices
NewsExecutive appointment at MAN
Daniel Strucks to succed Mikael Lindner as head of MAN Engines business unit
NewsLeviton acquires International Dock Products
Strategic acquisition said to strengthen Leviton’s marine portfolio with dockside power and accessory product
NewsCanada axes luxury tax on boats
Fall 2025 budget rescinds wildly unpopular tax on boats, autos and aircraft which led to job losses while failing to meet revenue objectives
NewsMasterCraft adds new dealer in US Pacific Northwest
Northwest Inboards to represent MasterCraft tow boat brand in lucrative northwest region
NewsTwin Vee PowerCats sells North Carolina plant site
US$4.25m sale ends final chapter for aborted electric boat plant
NewsCFO Stefan Fristedt to exit Dometic
Hunt for successor underway to assure smooth transition ahead of planned April 2026 departure
NewsTrump tariffs head to court
US Supreme Court to hear arguments on Wednesday challenging new tariffs as unconstitutional
NewsQ3 sales flat, gross profits up for Myers
Growth in Signature, Scepter business units drive profit gains
NewsRevolution Marine Group unveils double debut at FLIBS
Global debut of Oceanwalker S60 Revolution Edition and US premiere of Heritage 36 draw FLIBS crowds
NewsPatrick Q3 revenues up 6%, marine revenues up 11%
Growth attributed to lean channel inventories as US market shows signs of stabilisation
NewsXylem reports 8% Q3 revenue gain
Q3 results exceed expectations for Jabsco, Rule and Flojet parent
NewsHighfield launches new RIB series at FLIBS
New Escape Series designed to avoid high US tariffs on aluminium imported from Canada
NewsUS startup debuts new electric hydrofoil prototype
New all-electric Artemis23 from Volare Boats aims to spark sustainable day boat market
NewsCruisers Yachts unveils four new yachts at FLIBS
US boat builder unveils new day yachts, a new 50 Fly and a 50 GLS Coupe with a midship enclosure at world’s largest in-water boat show
NewsLippert Q3 revenue up 13%
Higher revenues, profits on stronger RV OEM and aftermarket performance









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