Market News – Page 226
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AkzoNobel opens global R&D centre in UK
New £10m global research and development centre is located in Slough
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Dubai show closes on high with focus on large yachts
This year’s event clearly benefited from two years of pent-up demand and a brilliant venue
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Arc One electric powerboat tops 40mph in testing
New 500hp-equivalent motor and 220kWh battery enhance performance of US$300k runabout
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Ecoworks Marine appoints German distributor
Brockhausen Marinevertrieb to import UK range of eco cleaning products into Germany and Austria
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Sanlorenzo confirms financial results and 2022 order status
Leading Italian yacht builder, Sanlorenzo, continued to build its order book with new contracts in the first two months of the year and reiterated low risk in terms of the Russian yacht market
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Nauticampo Boat Show generates strong sales
Exhibitors pleased with the number of business transactions completed over five-day run
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Russia’s leisure marine industry in crisis
Industry slammed into reverse as sanctions cripple sector
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Boston Whaler introduces Boston Whaler Owners Club
BWOC to feature an exclusive Forums discussion board for owners
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EU expands Russian sanctions to marine sector
In addition to restrictions already in place for both the countries and citizens of Russia and Belarus, the EU has added marine navigation and radio communication technology to existing sanctions
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Cummins opens new hydrogen fuel cell facility in Germany
Fuel cell production centre to help drive adoption of hydrogen technologies in Europe
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Simrad in exclusive supply deal with US builder
NauticStar Boats chooses Simrad MFDs for several of its model year 2022 units
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Brunswick halts all shipments to Russia
Global marine giant joins ranks of US companies to stop doing business with the country
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GetMyBoat reports rapid growth in central Florida
Boat sharing app continues to grow in popularity
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Brazil launches package of actions to leverage nautical tourism
Government introduces measures aimed at developing and promoting the domestic market
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Zipwake appoints Hong Kong distributor
Swedish boat interceptor specialist teams up with Marine Service Asia
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Russian at the helm casts pall over Heesen Yachts; two Russians quit board
With Russia warring in Ukraine, Lukoil CEO status in Heesen Yachts’ hometown is an issue
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Myers Q4, full-year revenues jump 49%
Adjusted net income up 117% for fourth quarter and up 15.8% for full fiscal year as US plastic fuel tank manufacturer battles continuing supply, freight and labour challenges