Latest Company News – Page 220
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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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NewsSA boatbuilders start to cut salaries as possible lockdown extension looms
South African boatbuilders have started cutting salaries or forcing employees to take unpaid leave due to the coronavirus lockdown, according to results of an industry survey.
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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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NewsRiviera launches online boat show
Australian motoryacht builder is launching its own boat show, featuring a limited selection of new Riviera and Belize motoryachts that will be available for enjoyment in the near future. The show is intended to inspire new owners to start thinking about the coming boating season and their future boating escapes.
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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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NewsSHOXS in supply deal with Royal National Lifeboat Institution
Canada-based marine seating specialist SHOXS has announced that the UK’s Royal National Lifeboat Institution (RNLI) has chosen the company’s suspension systems to refit and upgrade its Severn class lifeboats.
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NewsDometic picks up 2020 Red Dot design award
Dometic has picked up a 2020 Red Dot design award for its CFX3 powered cooler/freezer box.
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NewsTorqeedo marks delivery of 100,000th electric drive
Torqeedo CEO and co-founder Christoph Ballin Source: Christian-Brecheis Torqeedo, the German electric propulsion specialist, is celebrating the delivery of its 100,000th electric drive – an important milestone for the German engineering firm which is also celebrating its 15th year of business in 2020. The delivery went to ...
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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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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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NewsSA designer outwits coronavirus lockdown with downloadable construction plans
US-based South African designer Dudley Dix has made construction plans for his CNC kits available in download format in response to constraints caused by the coronavirus pandemic.
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NewsMalin forms new marine hatch division
Scotland-based Malin Group is introducing a range of hatches to its current marine offering and has appointed Fraser Gunn as its new business unit manager.
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NewsNumarine partners with Italian design firm
Turkish motoryacht-producer Numarine has announced that Milan-based studio Hot Lab has designed an exclusive decoration package for its 32XP superyacht range.
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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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NewsGulf Craft adapts to new market conditions
Abeer Alshaali, acting CEO of Gulf Craft In an email exchange with IBI’s Middle East correspondent, Abeer Alshaali, the acting CEO of Gulf Craft, explained how the UAE-based yacht-builder is adapting to the new market conditions and manufacturing challenges raised by COVID-19. Gulf Craft is the ...
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NewsCoronavirus disrupts AkzoNobel transformation, financial planning
The coronavirus pandemic is disrupting AkzoNobel’s transformation strategy, forcing the Dutch paints and coatings giant to abandon its 2020 financial planning. It says Q2 demand is in a free fall.
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NewsCaframo maintains production through Covid-19 shutdowns
Canadian fan and heater manufacturer Caframo Ltd has instituted a range of modifications to its operations in response to the Covid-19 pandemic in order to remain in full production and able to continue supporting its customers in the weeks and months ahead.
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