Market News – Page 146
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Welsh marina group addresses cashflow issues
Marine & Property Group fell behind on staff wages after a planned investment in November was delayed
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US start-up to deliver high-performance electric propulsion by summer
Hercules’ e-drive is a plug-and-play system that was designed from the ground up
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Double-digit Q4, full-year sales growth for Caterpillar
US engine builder posts higher earnings on strength of marine engine and parts sales
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‘Pandemic-era’ boat demand expected to carry through 2023
Industry executives give their views at the recent New York Boat Show
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Economic uncertainty takes its toll on boating in the Baltics
Rising fuel prices take heat out of market
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SA cat builder expands on back of strong order book
Kinetic Catamarans is upgrading and expanding its Knysna facility
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Croatian marina operator to invest €50m in new facility
The project represents Croatia’s biggest-ever investment into marine tourism
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boot Düsseldorf makes successful post-Covid comeback
Over 1,500 exhibitors and 237,000 visitors from over 100 countries in attendance
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Private dredging main obstacle to Taiwan’s move to add 500 yacht berths by 2025
Taiwan is pushing hard to expand its recreational boating sector
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MIT’s autonomous boat technology nearing deployment in Amsterdam
The fully electric Roboats can operate for up to 10 hours on a single charge
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French charter firm merges with German subsidiary
Integration allows SamBoat to leverage its expertise in organising sailing vacations for the largest market in Germany
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Clipper extends partnership with UK rope specialist
Marlow Ropes to supply recyclable running rigging for the 2023-24 Clipper Race
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JL Audio appoints UK distributor
Aquamare Marine to help boost availability of the company’s marine products in Britain
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Lizard Yacht Service opens US office
UK firm to target superyacht sector with new Ft Lauderdale presence
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SY mentoring programme hailed after famous yacht arrives in Cape Town
Marine Inspirations has to date hosted over 30 disadvantaged South Africans who benefit from a wide-ranging skills programme
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Major upgrade planned for Corsican marina
€100m-plus investment will more than double the number of berths
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King Willem-Alexander opens Dutch battery plant
His Majesty King Willem-Alexander of the Netherlands uses electric excavator to officially open Yanmar-owned EV battery factory
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Marine segment is strong performer in Dometic’s Q4
In the context of a challenging macroeconomic environment and high channel inventories, Sweden’s Dometic Group reported record sales for the 2022 financial year, achieving growth of 38% to SEK 29.8 billion, through the end of December. Adjusted operating profit (earnings before interest, tax and amortisation) rose to SEK 3.9bn, ...
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AW Niemeyer bankruptcy filing update; hunt for new investors
Immediate plans announced for the firm as administrator weighs up options