Latest Company News – Page 223
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Azimut introduces new measures to cope with COVID-19
Azimut Yachts, part of Italy’s Azimut-Benetti Group, has introduced new measures to cope with the impact of COVID-19 and to align production with slowdowns in the supply chain.
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Princess calls for collective approach and need for major industry rethink in response to COVID-19
Speaking to IBI yesterday, Kiran Haslam, chief marketing officer for Princess Yachts, said that the boating industry may have to rethink how it markets its products after the wake-up call from the coronavirus (COVID-19).
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Gulf Craft names preferred Australian service centre
Gulf Craft, the Middle East’s largest yacht builder, has expanded its global service network by appointing Gold Coast City Marina & Shipyard (GCCM) as its preferred Australian facility. The brand is also looking to continue its global expansion with the appointment of new distributors in more than a dozen identified ...
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Admiral Powercats to launch new hybrid RIB into recreational market
Cape Town builder Admiral Powercats plans to launch a recreational version of a new generation surf rescue vessel that is being integrated into South Africa’s National Sea Rescue Institute fleet.
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Yanmar partners with French finance specialist
Yanmar Marine International has signed a new partnership with boating insurance and financing specialist April Marine to offer affordable payment options to leisure customers buying Yanmar engines in France.
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Swedish electric boat start-up receives €5m capital injection
X Shore, a Swedish technology start-up behind the development of a new range of fully electric boats, has received a €5m capital injection led by Peter Dahlberg, founder and former group CEO of veterinary firm AniCura.
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Beneteau Group releases statement on Covid-19
Limited impact on Group to date says French boatbuilder
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Winch Design reports 5.9% growth in 2018-19
UK superyacht design studio, Winch Design Ltd, saw turnover hit £31.1m for its 2018-19 fiscal year, a 5.9% rise on the £29.3m it generated the previous year. Profits after costs and tax were £4.42m, down 10.3% (£4.93) on 2017-2018.
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Propspeed expands Australian presence
Propspeed, the New Zealand-based supplier of underwater top-coatings, has partnered with two new distributors in Australia – Sam Allen Wholesale and All Marine Spares.
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Barrus adds new range of electric outboards
The UK engine distributor has added Shire electric outboards to its marine portoflio
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Morbern wins 2020 Best Managed Company award
The marine fabrics manufacturer was one of only 30 companies across Canada to receive the designation
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US shipyard to launch first new boat in 40 years
Despite a 149-year history of continuous operation, Gamage Shipyard in the US hasn’t launched a new vessel in nearly 40 years, operating instead as a marina, storage facility and full-service refit shop in South Bristol, Maine. That’s about to change this spring.
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Intellian signs build contract with OneWeb
The company will build antennas for OneWeb’s constellation of LEO satellites
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SYTT appointed global SY dealer for Avon eJET tenders
Jet tender specialist Avon, part of the Zodiac Nautic Group of France, has chosen the UK’s Superyacht Tenders & Toys (SYTT) to serve as the global superyacht dealer for its electric jet tenders.
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Dometic inks new supply deal with Sportsman Boats
US fibreglass boat builder Sportsman Boats has signed a new supply agreement with Dometic Marine that will see the centre console and bay boat manufacturer incorporate Dometic’s digital switching technology in all models above 25ft in length.
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Lalizas reports strong sales at Zagreb show
Greek equipment firm says sales were up 60% compared to previous editions
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Brunswick sees no business disruption from coronavirus, imposes travel restrictions
Despite an extended shutdown of Mercury Marine’s Suzhou, China engine assembly plant, Brunswick Corp has managed to get through the early stages of the COVID-19 coronavirus pandemic without any disruption to its supply chain or its ability to deliver product.
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Permateek appoints Danish dealer and installer
Permateek, the UK manufacturer of synthetic teak decking for yachts, has appointed a second specialist dealer and installer for Denmark.
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Award win provides boost to SeeArch expansion strategy
Toronto, Canada-based safety equipment manufacturer SeeArch Inc is looking to build its international distribution on the heels of being presented with the 2019 Marine Industry Award by the Canadian Safe Boating Council.
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Nauticus appoints Smart Tabs distributor for Finland
US-based Nauticus Inc, manufacturer of the ‘Smart Tabs’ automatic trim tab system, has expanded its presence in Finland