Latest News – Page 531
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Propspeed announces “substantial” global expansion
Propspeed, the underwater foul-release coatings specialist from New Zealand, has announced a massive investment in global expansion. Building on the brand’s recent establishment of a US presence with Propspeed USA, the company is in the midst of developing its European distribution network and has recently appointed several new hires in ...
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Xantrex adds NMEA 2000 compatibility
British Columbia, Canada-based electrical equipment manufacturer Xantrex has introduced a new line of inverter/chargers with NMEA 2000 compatibility for easier integration into onboard systems in a bid to capture a greater share of the marine power management segment.
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Lowrance SA wins international marketing award
South African marine electronics wholesaler Lowrance SA has won an international marketing award from global marine electronics giant Navico for the second year running.
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Mercury launches “game-changing” 600hp Verado
Industry-first V12, 7.6lt engine is the world’s largest outboard in production and includes a host of new innovations
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Azimut Yachts to double production at Brazilian factory
Italian builder reports strong demand in the region
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Sea Fox announces finance partnership
Sea Fox, a leading American manufacturer of saltwater boats, has agreed an exclusive partnership with Northpoint Commercial Finance.
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Lippert opens new seating and boat equipment plant
On the heels of reporting its best-ever fourth-quarter and full-year financial results, Indiana, US-based equipment manufacturer Lippert Components Inc (LCI) has opened a new boat equipment factory to support its newly-announced component supply arrangement with boatbuilder Tracker Marine Group.
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Sea Sure installs new machining centre as part of ongoing investment
As part of a £250k investment in new machinery and testing facilities, Sea Sure – a UK producer of hardware for sail/power boats and the aerospace industry – has taken delivery of a HURCO 5-axis machining centre.
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RH Marine launches onboard digital network
RH Marine, the Dutch maker of electrical and automation systems, has launched “the next generation of system integration” for the yacht building sector.
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Navico appoints chief sustainability officer
Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands, announced the hiring of its first-ever chief sustainability officer this week as the company has made sustainability one of its core strategic pillars globally across its brands, products, operations and production.
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Yamaha, BASS sign new multi-year sponsorship agreement
Yamaha Marine US has signed a multi-year agreement that continues and expands upon its title sponsorship of one of North America’s largest fishing tournament organisations.
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Good take-up of Nimbus stock as trading begins
Sweden’s biggest boatbuilder begins trading on Nasdaq First North
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Aquila signs new distribution agreement
Florida, US-based Aquila Power Catamarans has completed a new distribution agreement that will see Sydney, Australia-based Whitehaven Group represent its product line in Australia and New Zealand.
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Oyster Yachts opens UK apprenticeship academy to ensure future skilled worker supply
In a move to help ensure enough new skilled employees in the future, the UK’s Oyster Yachts has formally launched its Oyster Apprenticeship Academy, building on the company’s existing long-established apprenticeship schemes. This new initiative coincides with the UK’s National Apprenticeship Week.
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Supra Boats unveils new models designed by race legends
Three-times NASCAR champ and team co-owner Tony Stewart won’t be in Daytona Beach, Florida later this month when Stewart-Haas Racing takes on the road course at the legendary speedway. Instead, he’ll be at a boat dealership in his native Indiana, unveiling two new models from Supra Boats that the legend ...
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Record Q2 for MasterCraft
Net sales up 19% YOY, gross profit up 38.5% on strength of continuing high demand
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US outboard engine sales show sharp increase and hit 20-year high
NMMA releases 2020 Recreational Boating Statistical Extract
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Pantaenius appoints head of commercial partnerships
Pantaenius, Europe’s leading boat insurance specialist, has named Jane Smith as Pantaenius UK’s head of commercial partnerships. Smith will be responsible for developing new working relationships.
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Bavaria at maximum current capacity
CEO of German yard comments on propsects for the year ahead
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NMMA Canada hosts virtual State of the Industry event
Trade group’s “first and hopefully last” virtual presentation highlights continued market strength and ongoing advocacy efforts