Market News – Page 221
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Oyster reports ‘full build-bays’ but delayed return to profitability
In financials results for its latest fiscal year ending March 2021, Oyster Yachts saw its 3-year turnaround plan delayed, while strong demand continues to boost revenues
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New UK electric boat company unveils first boats and jet drive plans
Start-up NEVA Group launches SP800; new day tender also to make debut
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Damen Yachting expands Limited Editions range
New Amels-branded superyacht to be delivered in 2025
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Jaguar Powerboats launches two new models, new dealers
Custom catamaran builder looking to boost national and international distribution
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Swedish marine retailer opens first Denmark store
Hjertmans Danish Marine Equipment is based in Kolding
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CED Marine buys US wholesale distributor
Consolidated Electronic Distributors acquires assets of fellow Florida firm
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ABYC designates International Marine Service Technician Week
American Boat and Yacht Council declares last week of April as ‘week-long celebration to recognise marine technicians’
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Italian superyacht builder lays keel of 45m Project T
The fully custom explorer yacht from CdM was designed by Giorgio M Cassetta
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Russian superyachts entering domestic territorial waters
Does Russia have the boating infrastructure to cope?
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Dutch firm develops new trolley for outboard engines
Vadac BV of the Netherlands is targeting the US market
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Electric outboard manufacturer raises US$15m in Series A funding
Up to US$1.9m in tax incentives received from state
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Scottish marina awarded 5 Gold Anchors
Troon Yacht Haven recently underwent a £1.5m redevelopment
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New Torqeedo distributor in the US
Great Lakes Power appointed full-service distributor for Torqeedo Deep Blue electric propulsion systems
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Belgian municipality initiates tender for €2.1m marina project
Project discussed at recent council session
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UK marine seating manufacturers merge
Merger allows for continued scaling up of capabilities and expanded product range
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Finnish boating industry ends 2021 at record pace
Finland’s boat industry reports a year of strong growth and comments on the impact on trade with Russia
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Italy’s Ferretti Group valued at €890m
After a successful IPO in the context of very uncertain times, Italian luxury yacht builder Ferretti Group will start trading on the Hong Kong exchange Thursday