All articles by Craig Ritchie – Page 46
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News
IBEX names 2023 Innovation Awards judging panel
Eight person jury from members of Boating Writers International to select the winners in 20th IBEX Innovation Awards program
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Siren Marine inks deal with Grady-White, Regulator
US fibreglass boat builders join Yamaha-owned fishing and pontoon brands in offering Siren 3 Pro IoT connectivity as standard equipment
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Yamaha FY2023 first-half revenues, profits up across the board
Marine sales up 17% with strong demand for large outboards in North America and Asia, and strong global demand for PWC
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Softer US RV market brings lower Q2 revenues and income for Lippert
Resilience in marine, aftermarket and international sales said to now represent more than half of total revenues
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Polaris focuses on growing marine segment worldwide
Company touts expanded international distribution while detailing short-term strategy goals in annual Capital Markets Day presentation
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ABYC publishes 63rd supplement to small craft standards
Free webinar outlining changes to 2023-2024 updates to be held August 16
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Garmin signs purchase agreement to acquire JL Audio
Acquisition said to bring premium audio integration across a broad range of Garmin markets and products
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Second quarter holds promise for Forza X1
US electric boat builder posts US$3.4m loss in production ramp-up against growing order book
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Suzuki reports record Q1 revenues despite softer marine sales
Marine revenues of ¥33.4bn fall just behind Q1 2022 while matching operating profit of ¥9.2bn
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Michigan awards first round of sustainable boating funding
More than US$500,000 split among six recipients to highlight sustainable boating opportunities
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Yamaha US Marine Business Unit names new chief of technology
Grant Suzuki named to lead advanced development teams in building out CASE strategy
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Fishing sales up, watercraft sales down in mixed Q3 for Johnson Outdoors
US sporting equipment manufacturer to focus on new product innovation in face of softer boating market
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Another record quarter for Cummins
Q2 revenues of US$8.6bn mark 31% YoY increase in strong quarter for US engine builder
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Softer marine, RV markets lead to revenue, profit declines for Myers Industries
Mild gains in distribution segment revenues and overall gross margin highlight otherwise tough quarter for US plastics manufacturer
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Garmin Q2 revenues up 6%
Marine segment contributes US$46m in operating income as US electronics firm returns to consolidated revenue growth
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Xylem Q2 revenues grow 26%
Rule, Jabsco and Flojet parent raises full-year earnings and EPS guidance based on strong first six months
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Caterpillar reports double-digit gains across the board in ‘better than expected’ Q2
22% growth in revenues, 88% growth in operating profit and 75% gain in adjusted profit per share highlight strong second quarter results for US engine builder
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Electrification
Portuguese start-up debuts solar-powered charging dock concept
Faroboats unveils innovative solar-powered dock with integral EV charging capability
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Intellian targets small vessel market with new satcom partnership
Collaboration with SK Telink aims to ‘significantly enhance’ satcom service for smaller yachts and fishing vessels in the Asia Pacific market
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Record Q2 for OXE Marine
Swedish diesel outboard builder records highest quarterly revenues in company history driven by growth in Americas