Latest News – Page 617
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NewsGerman interiors specialist buys Austrian facility
German yacht interiors specialist metrica has completed the acquisition of a new facility in Greifenburg, Austria.
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NewsFairline warns of job losses
Workers at Oundle, UK-based boat manufacturer Fairline Yachts are facing an uncertain future after the company warned of the need to axe jobs, reports The Peterborough Telegraph.
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NewsTough Q1 for BRP as it exits the outboard engine business
Near 26% revenue decline in marine segment and over 40% drop in outboard sales leads BRP to discontinue production of Evinrude outboards and pursue new marine strategy including partnership with Mercury
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News2020 HISWA-in-Water boat show cancelled
The 2020 HISWA-in-Water boat show has been cancelled because of COVID-19, delivering yet another blow to the Dutch boating sector already reeling from a pandemic that has caused it an estimated €1.1bn in damage to date.
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NewsCVC Capital Partners completes acquisition of D-Marin
Dubai Harbour Marina is included in the CVC deal Confirmation of the acquisition of the D-Marin group facilities in Greece, Croatia and the UAE by the Luxembourg-headquartered private equity group CVC Capital Partners has been belatedly received following an announcement by British Marine, the UK’s marine leisure ...
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NewsSanlorenzo unveils new SX112 flagship
Italian boatbuilder Sanlorenzo has expanded its SX line with a new 34m flagship, the SX112.
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NewsCape Town launches Blue Cape superyacht initiative
The City of Cape Town has partnered with South African ocean sports stakeholders to launch a new Strategic Business Partnership aimed at promoting marine manufacturing.
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NewsNew brand of eco-yachts launches in Germany
A new German company is to launch a range of electric solar catamarans, sailing yachts and luxury floating homes for the global market.
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NewsFerretti expands US footprint
Italy’s Ferretti Group has announced a US$15m investment to purchase a service shipyard in Ft Lauderdale, Florida to increase the strategic presence of Ferretti Group America.
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NewsBRP to discontinue Evinrude outboard production
Manufacturer to focus on boat brands; signs agreement with Mercury Marine
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NewsSuzuki’s marine sales grow; general manager comments on results
Suzuki’s latest annual results, released yesterday, show that its marine business was the only division of the company to record sales growth despite a sharp downturn in March 2020. By far the largest proportion of the business designated as the marine division is derived from the sales of outboard engines ...
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NewsDelta ‘T’ Systems hires mechanical engineer
Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has hired Lucas Doranth as a mechanical engineer.
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NewsBoero YachtCoatings signs deal with Salomé Yachts
Boero YachtCoatings, the Yachting Division of Italian paint and coatings specialist Gruppo Boero, has signed an exclusive partnership agreement with Berlin-based Salomé Yachts & Design GmbH to jointly develop a unique range of coatings for Salomé’s Atlantic Series of luxury tenders.
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NewsOXE Marine publishes first quarter results
Swedish outboard engine maker OXE Marine discussed the impact of Covid-19 on the company’s results for the first quarter of 2020, ending March 31
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NewsDutch builder expands yard in response to “growing demand”
Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.
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NewsRiva launches first new model of 2020
Italy’s Ferretti Group launched the Riva 88’ Folgore at its shipyard in La Spezia on Monday, marking the company’s first model launch of 2020. The La Spezia facility is dedicated to the construction of Riva yachts from 76ft-110ft in length.
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NewsICOMIA names new president, board appointments
The International Council of Marine Industry Associations (ICOMIA) has announced a number of board appointments in the wake of its annual general meeting last week, including the election of Sara Anghel as its new president.
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NewsCaribbean island locations start to open up
The Caribbean islands are in the early stage of opening up after tough lockdown regulations were put in place to cope with the COVID-19 pandemic. The Dutch Antilles island of Aruba has announced that it will open from June 15 and Grenada has also received its first yacht arrivals with ...
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NewsCXO300 diesel outboard enters production
Cox Powertrain has announced the start of production of its 300hp diesel outboard engine, the CXO300, at its UK headquarters and advanced assembly and test facilities in Shoreham, West Sussex.
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