Market News – Page 244
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Sanlorenzo on Perini Navi auction outcome
Joint venture with Ferretti felt auction price exceeded what was considered reasonable
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Superyacht to be sold at judicial auction
Documents seen by IBI show the yacht had been collateral in a business deal that ended up in court
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Turkish yard completes first of new sailing superyacht series
The 34m MiTi One is currently en route to the French Riviera
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Dubai show organisers pleased with exhibitor take-up for 2022
Next year’s event will take place in the new Dubai Harbour Marina
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Sea-Doo Switch orders “greatly exceed expectations” for BRP
Near entire 2022 production run for Sea-Doo pontoon boat line sells out before boatbuilder even ships first production units
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Marine Group Boat Works transfers lease on San Diego facility to Austal USA
MGBW to concentrate all refit and repair work at its Chula Vista yard
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Southern Wind begins construction of new hybrid smart custom superyacht
New SW108 hybrid scheduled for delivery in early summer 2023
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2021 Australian boating data released
PWC are the fastest growing sector; 1 in 10 have a boating license
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MarineMax among 10 largest public companies in Tampa
The US boat retailer and manufacturer surpassed over US$2bn in revenue last year
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Turkish boat sector hit by plummeting Lira
As the lira sinks to a new low against the dollar, industry braces for a turbulent 2022
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New Polish builder launches first motorboat, eyes Mediterranean markets
The company is now looking to secure customers from the Med
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New management structure at German composites firm
Lars Thomsen and Thorben Will to become joint MDs of CTM GmbH
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Lumitec parent in US tornado fundraising initiative
Clarience Technologies is pledging $50,000 to support emergency response efforts
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Online boat rental company gets $7.5m in growth funding
The boat rental market is one of the fastest growing travel segments
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Vision Marine to initiate stock repurchase program
The repurchase program will be funded using the company’s working capital