Market News – Page 302
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NewsSanlorenzo revenues up 20.5% in Q1
Italian luxury yacht builder, Sanlorenzo reported improved Q1 revenues and profitability, while issuing full-year guidance for double-digit growth along with details on new segments the builder will be entering in 2022; acquisitions are on the agenda as well
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NewsCorrect Craft to build hydrogen-powered boat
Watershed Innovation adds its support to Zero Emission Industries’ project
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NewsShadow-Caster expands European presence
Waterproof Products to represent the company in Belgium, the Netherlands and Luxembourg
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NewsVirtual Balearic Yacht Show returns
The Balearic Yacht Show is returning for its second virtual edition next month with more conferences and workshops aimed at marine professionals as well as new networking features. Once again, the event will be powered by the Mallorca Chamber of Commerce and the Balearic Marine Cluster and this year it ...
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NewsKVH Q1 revenues up 16%
Second consecutive quarter of record VSAT shipments drive revenues in “quarter that beat expectations”
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NewsPHI Phantom undergoes sea trials ahead of delivery
The 36m custom support vessel from Alia Yachts will be delivered next month
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NewsCroatian marina operator to invest €12m in new seaplane service
ACI eyes new seaplanes for customers
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NewsPearl Yachts reports busy first quarter
UK builder starts the year with strong orders and deliveries
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NewsFort Lauderdale marina joins Safe Harbor, the world’s largest marina operator
The Lauderdale Marine Centre is one of the largest yacht repair centres in the US
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NewsClosure of borders with Russia poses threat to Turkish boat sector
Covid dashes Russian hopes of spring sunshine on the water, as flights to Turkey drastically reduced
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NewsExecutive changes at Polaris
Michael Speetzen named permanent CEO, Bob Mack appointed CFO at Bennington, Godfrey and Hurricane parent
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NewsThree UK companies win Queen’s Awards for Enterprise - International Trade
Two boatbuilders and a marine model builder recognised for export growth
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NewsLippert Q1 sales top US$1.0bn
Revenues jump 52%, net income increases 163% in record first quarter results driven by strong contributions from marine and international business segments
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NewsInfiniti Yachts to launch new foil-driven sailing yacht
Hulls 1 and 2 are under construction in the US for delivery this summer
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NewsNobiskrug administrators appoint PwC to find new investors
Several possible investors already expressed interest in the German superyacht builder
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NewsMalibu reports best quarter in company history
US builder delivers record-setting third quarter from a revenue and earnings perspective
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NewsBlaze destroys historic boathouses and vessels on UK’s River Thames
DLS Lady Gay was destroyed in the fire Source: Dunkirk Little Ships, Evening Standard An intense fire has destroyed two Grade-II listed boatyards and vessels on a Thames island in south-west London in the UK. Fifteen fire engines and around 100 firefighters were called to the inferno ...
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NewsFinnish builder enters electric boat market
Bella Boats’ new 6.3m tender will be available for online purchase only
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NewsNautor appoints group chief technical & operations officer
Michelangelo Casadei joins the Finnish boatbuilder from Ferretti
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