Latest News – Page 599
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NewsUS boat retailer OneWater Marine release Q3 results
The second largest American boat sales network reported strong top- and bottom-line growth and significant market share gain boosted by unprecedented retail demand
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NewsInfrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
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NewsBrunswick reports Q2 results revealing Covid impact on industry’s largest player
US boat and engine manufacturer sees strong retail demand, following a -15.2% decline in sales in the second quarter including a -32% drop in boat segment sales for the period; With current recovery pace, the company expects to meet its 2022 financial targets and sent stock soaring to highest-ever level
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NewsRoscioli Shipyard founder dies from Covid-19
Robert “Bob” Roscioli, who began a five-decade yachting career sanding and painting hulls by hand and gained a reputation as a perfectionist, died 27 July from Covid-19 at the age of 76, according to the company website.
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NewsSunseeker chooses Wave filter systems for all new-build yachts
Wave International, the UK-based marine filtration specialist, today announced that Sunseeker is offering its filter systems either as standard or, on the smaller models, as an option on its entire yacht range.
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NewsTough Q2 for Cummins Inc
US engine manufacturer records largest quarterly revenue decline in its history Covid-19 shuts down OEM customers worldwide
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NewsCatalano Shipping expands superyacht support into Asia-Pacific with NZ purchase
Company also plans to open in Spain next year
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NewsBalance/Nexus launch first ‘lockdown’ 526 in SA, owner watches via Skype
The boat is currently undergoing sea trials ahead of possible departure next week
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NewsClick&Boat acquires European competitor
Click&Boat, the UK’s leading boat hire platform, has acquired its main competitor, Nautal, reinforcing its international leadership as ‘the airbnb of the seas’ and growing its UK offering, now with more than 360 boats being listed for rental in the UK via the acquisition.
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NewsGarmin marine sales up 4% in Q2, while overall revenues drop 9%; CEO comments
A surge in its marine business helps offset higher declines in Garmin’s automotive, aviation and outdoor segments
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NewsAustralian Superyacht Rendezvous 2020 postponed
The fourth edition of the Australian Superyacht Rendezvous (ASR2020), due to have been held at the Coral Sea Marina Resort in the Whitsunday Islands from October 15-18, has been postponed until a suitable post-Covid-19 timing. New dates will be announced in due course.
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NewsMarine Products Corp records 58% Q2 sales decline
Sales, profits down sharply in the second quarter of 2020 as Covid-19 shutdowns impact US fibreglass boatbuilder, but strong June sales point to a brighter Q3
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NewsGreenline launches 45 Coupe and flagship OceanClass 68
Slovenia’s Greenline Yachts has announced the launch of two new models, the Greenline 45 Coupe and OceanClass 68.
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NewsTelwater Australia to increase production from 8,000 boats a year
Telwater, Australia’s largest aluminium boat manufacturer, is on a recruitment drive as demand for boating surges during the coronavirus pandemic. Telwater manufactures more than 8,000 boats and 5,500 trailers annually and has a network of around 180 dealers across Australia and Asia South-Pacific. The Gold Coast-based manufacturer of the Quintrex, ...
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NewsBig demand for space at Auckland Boat Show
Due to an unprecedented response for space, New Zealand’s forthcoming Auckland Boat Show has had to secure more exhibitor capacity to meet the demand.
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NewsDerecktor responds to state lawmaker’s concerns about delay to shipyard
Company president writes open letter addressing concern over delays to Fort Pierce development
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NewsPolaris reports Q2 revenue declines
Polaris reported sales of US$132.2m for its boat business in the second quarter, marking a 28% year-over-year decline from the $182.4m reported for Q2 2019 Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in ...
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NewsCox dispatches first CXO300 production outboards to North America
Florida-based distributor Ring Power to take delivery of first units
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NewsPremorel, the man behind Prestige Yachts and Lagoon, dies at 64
Jean-François de Prémorel played central role in Jeanneau, Prestige and Lagoon development
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NewsGibraltar introduces new Covid-19 protocols for returning yachts
Need for crew to submit report to captain of the port before arrival
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