Latest News – Page 773
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Meet the new IBInews.com
The new IBInews website serves up breaking industry news tailored to your preferences. It seems fitting that just as we celebrate our 50th anniversary in print, we should be embarking on the next chapter of our online presence. With the IBI daily newsletter, it’s a case of ...
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MarineMax posts strong Q4, fiscal 2018
MarineMax reported a 23% increase in fourth-quarter revenues to US$309m over the same period last year, and fiscal 2018 revenue up 12% to nearly US$1.2bn.
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Cape Town show attendance up 54%
Visitor numbers to this year’s Cape Town International Boat Show shot up 54% to just over 8,500, Messe Frankfurt have confirmed.
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Polish marina investor to select operator, launch facility next year
Construction of a new marina in Gdynia, on the Polish Baltic Sea, is progressing, with plans to launch the facility next summer. Polish developer PHN S.A. is yet to select an operator for the marina, which will offer berthing for up to 120 boats.
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AERÉ Marine Group expands into US Northeast
Docking accessories company AERÉ Marine Group is expanding its operations into the Northeast region of the United States and has named Kevin Murray as regional manager.
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UK firm designing new marina for Maltese island redevelopment
UK-headquartered Marina Projects Ltd has confirmed that it is involved in the large Maltese Manoel Island redevelopment project as marina designer. The project has been ongoing for some years with MIDI Plc, the consortium overseeing the huge €400m mixed-use project, which is one of the largest in the Mediterranean.
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Canadian boatbuilder Campion Marine sold
Canada’s largest fibreglass boatbuilder sold to Edmonton-based private equity firm
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Twin Disc reports healthy fiscal Q1 sales, profits
Twin Disc, the Wisconsin-based manufacturer of marine and heavy-duty off-highway power transmission equipment, reported fiscal 2019 Q1 net sales increased 65.7% over the same period last year on sales of US$74.6m.
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IBI celebrates 50th Anniversary
Publishing Director Nick Hopkinson has worked on every issue since October 1968
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Groupe Beneteau registers strong growth as multihull and outboard sectors shine
Boat business beats forecasts to register 9% growth
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Dutch investment firm acquires Alewijnse
Strong Root Capital buys Dutch technical services provider for undisclosed sum
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Morbern targets European market
Morbern, the Canadian manufacturer of marine coated fabrics, has introduced a new Morbern Europe logo to strengthen its positioning in the European market.
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Record turnout for Yacht Racing Forum
The 10th Yacht Racing Forum, held this year in Lorient, France, attracted a record turnout with over 430 delegates. The forum is a leading annual conference that reviews the sailing yacht market, its business and marketing, and future plans.
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Ocean Explorer sells Hull #3 of the OE60
Ocean Explorer has announced the sale of Hull #3 of the OE60. Designed by naval architect Germán Frers, the 60ft yacht will be built alongside the OE72 at Ocean Quality Systems’ (OQS) yard in Jakobstad/Pietarsaari, Finland.
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Construction begins on Cypriot marina
Construction has begun on Paralimni Marina in Cyprus, according to the country’s Department of Fisheries and Marine Research. The marina is expected to be fully operational by mid-2021.
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US boating industry reports strong summer season
Total US powerboat shipments for July were up 8% year-to-date and new powerboat registrations were up nearly 4% in August on a rolling 12-month year-over-year basis, according to data released by the National Marine Manufacturers Association (NMMA).
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Appointment at Yanmar America
Adairsville, Georgia-based Yanmar America Corp has named Dave Flanagan as its new marketing manager for all product divi
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Cox Powertrain appoints new distributor
The Outdoor Network, a US dealer and distributor of OEM outboard motor parts, has been chosen to distribute Cox Powertrain’s new CXO300 diesel outboard engines. The landmark expansion is accompanied by a new web presence, www.dieseloutboards.com, and includes CXO300 distribution to maritime government service agencies, the Bahamas, Belize, Colombia, Guatemala ...
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Mercury Marine names product integration engineering director
Rich Todhunter has been promoted to director of current product engineering and product integration engineering at Mercury Marine.