Market News – Page 270
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Osculati reports record results with turnover exceeding €100m
Results of equipment distributor’s three-year investment plan bear fruit
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Saxdor Yachts appoints Kiwi distributor
Sports Marine to represent Finnish brand in New Zealand
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Fiart expands range with new P54 model designed by Stefano Pastrovich
Other models to follow as part of new series
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Azimut-Benetti builds up €1.2bn order book after threefold year-on-year growth
Order intake reaches €508m over last 90 days, with demand centred on 80ft-plus yachts
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BRP predicts US pontoon market will hit 100,000 units
A global leader in powersport vehicles, boats and propulsion systems, BRP finished the second quarter of its fiscal year ending 31 July surpassing market estimates for earnings & revenues. Discussing results with analysts, the manufacturer also provided volume expectations for its new ‘Switch’ pontoon range
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Axopar launches biggest boat to date
New 45-footer in the pipeline for Finnish builder; new 22 and 25 models for Cannes
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SA government in talks with ocean sailing association over access to water for marinas
Ten out of South Africa’s 15 main marinas are battling to hold onto their historic berths inside coastal ports or harbours
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Shadow-Caster names UK distributor
International Marine Products will showcase the range in Southampton
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Ferretti presents strong financials and development plans at Cannes
The Italian builder is showcasing 23 yachts, including five world premiers
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Boatbuilding icon Leon Slikkers retires
Tiara Yachts founder calls it quits after 75 years in the leisure boating industry
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Spirit Yachts to feature in new Bond film
UK builder’s Spirit 46 sailing yacht will be making an appearance in No Time to Die
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Sirena Marine enters superyacht market, expands current range
Turkish builder announces major expansion of its activities
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Canadian canoe builder slammed over Covid stance
Ontario canoe manufacturer hammered on social media after posting jobs available only to unvaccinated individuals
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Limestone appoints new CFO
Peter Pigott has more than 35 years’ financial experience in the public and private sectors
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Malibu expected to appeal against liability judgement in $200m court award
The Louden, Tennessee based boat builder was cleared on claims of design defects, but is expected to seek a reduction or reversal of the substantial judgement by a Georgia jury in a product liability case involving the tragic death of a seven year old
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T-H Marine acquires Gator Guards
US accessories supplier announces fourth acquisition this year
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Sanlorenzo enters sustainability partnership; unveils new models and boat lines
The Italian yacht builder provides positive financial projections at Cannes press conference, together with investment plans running through 2024
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Yamaha teams up with Lion Yachts on new flybridge
New 60ft flybridge from Italian builder Lion Yachts is powered by Yamaha Motor’s XTO outboard engines
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Rosetti begins building second 38m explorer yacht
The first 38m M/Y Emocean was recently delivered to new owners
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Volvo unveils new IMO III solution for yachts at Cannes
Swedish engine maker Volvo Penta has responded to new IMO III emission regulations for yachts above 24m with a compliance solution which debuts at Cannes and reveals how the system has been developed and tested in a new video