Market News – Page 197
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Yanmar posts fiscal year growth
Yanmar Holdings Co. has announced its financial results for its fiscal 2021 financial year, closing 31 March 2022
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Suntex expands holdings in Florida Key marinas
New marina acquisition in Marathon will relaunch with significant new investment
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Poralu wins contract for 2024 Olympic Games
Marina equipment manufacturer Poralu Marine Group has been awarded the contract to supply floating infrastructure for the small sailboat Olympic competitions in Marseilles
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Málaga christens new superyacht marina
The official inauguration of the new IGY Malaga Marina in Spain took place last week
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Southern Wind begins build of fifth SW96
Latest unit joins hull number 4 in build at South African yard
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Dometic posts marine sales growth
Sweden’s Dometic Group reported Q2 sales growth in the context of a more challenging market in which Service and Aftermarket revenues took a hit
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YYachts upgrades French market presence with new preferred partner appointment
Bernard Gallay Yacht Brokerage to work with the German yacht builder
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Italian industry woos US market; NY Yacht Club hosts Genoa show
Italian industry showcases ‘Made in Italy’ brand to US audience as exports to the country surge
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People on the Move this Week
Key appointments at Cummins, ZF Friedrichshafen and Anthesis Group
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Azimut makes a splash with new Magellano 66
New model selling well; Will be joined by larger model at Cannes
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IBEX releases networking event schedule
A mix of new social programs and returning favourites aim to promote industry collaboration during North America’s largest marine equipment trade show
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AB Inflatables names new Spanish importer
Magna Yachts to carry the brand in the Spanish peninsula
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Sanlorenzo opens new chapter with Smart Performance 110
Italian builder partners with Marco Arnaboldi to create a high performing vessel with sustainability at its heart
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Proposed regulation could expand compliance burden on US dealers
Proposed Federal Trade Commission rule would require dealers to disclose all costs and sale conditions to the consumer upfront
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EU to admit Croatia to its eurozone
Entry to the eurozone reflects a vote of confidence in Croatia’s economic prospects
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Canadian dealer partners with Golden Spruce Capital to fuel expansion
Pride Marine Group says investments will help fund marina acqusitions
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Celebrating 10 years, De Antonio Yachts outlines plans for future
New sustainability push, plus totally electric models in pipeline
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Mercury introduces lighter weight, four-stroke outboards
New 25hp and 30hp three-cylinder engines are 16% lighter than the previous generation
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Canadian economy headed for recession – RBC
Royal Bank of Canada says surging inflation and interest rate hikes will push country toward economic contraction by 2023