Market News – Page 165
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Yanmar subsidiary opens EV propulsion technology test centre
K-TEC EL testing lab to accelerate non-carbon powertrain development and reliability
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Swedish builder finds receptive market in the US
US growth seen as key to expansion for Sweden’s Nimbus Group
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US market helps drive significant Q3 gains for Beneteau Group
Group comments on latest levels of supply chain disruption
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Fiji marina reports operating profit turnaround
Port Denarau Marina posts strong recovery for fiscal 2022
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Finnish builder wins contract for new 80ft custom project
Construction of the Baltic 80 Custom will begin in January for delivery in 2024
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Eighth consecutive record-setting quarter for MasterCraft
Q1 revenues up nearly 30%, adjusted EBITDA up over 70% and adjusted EPS up more than 90% for US boatbuilder
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Makefast Group launches US subsidiary
Makefast USA will begin operations from its new Maryland facility in December
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Vision Marine sets sights on “proper” market penetration
IBI speaks with global sales director Zach Crawford at the Electric & Hybrid Marine Expo
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IBEX issues call for 2023 seminar proposals
North America’s largest marine industry trade event searching for industry experts to present 2023 technical sessions
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Sanlorenzo reports record order book; tips hand on new projects
Further development of the Italian yacht builder’s markets in America and Asia-Pacific are among a number of new expansion initiatives revealed during today’s call with analysts
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Apreamare introduces new outboard-powered ‘gozzo’
The Gozzo 35 Speedster Special Edition has three Mercury 300hp outboards
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Beneteau moves Prestige production to Monfalcone
Adriatic facility being used to build models over 60ft
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EBI issues update on Russian sanctions
The EU’s eighth sanctions package on Russia includes new import restrictions covering recreational craft and answers questions on payments for orders commissioned before the sanctions took effect
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Twin Vee Q3 revenues jump 114%
High demand for ICE-powered catamarans helps offset losses in development of electric subsidiary
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Forza X1 reports Q3 results, provides company update
US startup says it doesn’t expect to generate any operating revenues until it completes the design and build of its EV boats and commercialises them
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Correct Craft buys marine engine specialist
Acquisition significantly expands US boatbuilder’s propulsion portfolio and vertical integration
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Florida braces for subtropical storm Nicole
It’s deja-vu for Florida marinas and boat yards as subtropical storm Nicole expected to reach hurricane status before striking Atlantic coast on Thursday
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Sol-Go appoints Turkish distributor
Transmer Green to represent US solar panel specialist in Turkey