Market News – Page 257
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New OXE Marine CEO reports on his 1st quarter at the helm
Sweden’s diesel outboard engine maker, OXE Marine saw an uplift in sales, gross margins and order book for its third quarter results
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Taiwan showcases its capabilities at FLIBS
Monte Fino Yachts, Horizon, Dyna Tailor-Made and Jade Yachts among exhibitors
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France's Amel invests in production capacities amid rising demand
Amel aims to improve working conditions, manufacturing capacity of its shipyard in western France
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Marine sales help boost Patrick Q3 revenues by 51% to US$1.1bn
Marine segment revenues increase 85% YOY on strong organic and acquisitive growth
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McConaghy Boats expanding Chinese operations to meet growing demand
Workforce to more than double and additional space being sought
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World’s most extensive ocean cleanup begins for real
Dutch project harvests 29,000 kilos of plastic trash in just three months
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Brunswick reports 5th record quarter with strong start in Ft. Lauderdale
US-based Brunswick Corporation said all of its businesses - Boats, Engines, P&A and Services – had another outstanding quarter and is on its way to closing out the most successful year in the company’s history. A Q&A session with investors provided additional details on the company’s business, and the ...
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Two British boatbuilders fined £430k over health and safety breaches
Both cases brought before judges this month
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Azimut Yachts Brazil names new CEO
The Azimut-Benetti Group has expanded its management team in Brazil, signalling confidence in production growth at its South American operation
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Suzuki battling shipping issues; customer/product balance
Speaking to IBI at the Ft. Lauderdale show, engine maker Suzuki Marine discusses current opportunities and challenges in the outboard and re-power segment
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SeaDek Marine Products names new director of marketing
Sasha Tinkham to oversee all global marketing efforts
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Ribcraft takes steps to reduce carbon footprint
UK inflatables builder unveils new high-performance hybrid RIB
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Canadian tech firm to enter coatings segment with new fuel-saving bottom paint
C$2.4m Transport Canada research study verified by Lloyd’s Register finds graphene-based bottom paint to deliver fuel economy savings of up to 20%
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Grand Banks back to fulfilling orders
With closures lasting almost 2½ months in its first quarter of fiscal 2021-22 ending 30 September, Grand Banks Yachts saw minimal revenue in Q1, but forward orders remain strong
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Wärtsilä sets 2030 target to be carbon neutral
Pledge covers both its own operations and products it makes
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New Super Sub underscores U-Boat Worx’s market leadership
The three-seater sub can do 8kt under water
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Harris Boats redesigns Grand Mariner pontoon series
US builder introduces bold new designs and innovative technology
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Marine Products Corp Q3 sales up 10%
Sales gains offset by supply headwinds to yield flat operating profit, net income for US boatbuilder