Market News – Page 305
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Marine sector adds to record Q1 at Dometic
Sweden’s Dometic Group reported a record start to 2021 despite supply chain challenges, and provided details on latest acquisition
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Japan’s first boat show since Covid outbreak proceeds
International boat brands were well-represented at the in-water portion of the 60th edition of Japan’s International Boat Show, held last week
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Irish firm looks to revolutionise boating sector with space tech
Marine tech firm Raceix to start piloting next-generation share-poisitioning system for leisure boat use
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Greece holds regional tourism forum with focus on marine
Nautical tourism top priority in recovery strategy
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AB Inflatables appoints UK distributor
BHG Marine awarded exclusive UK distribution rights by RIB manufacturer
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Southern Wind launches ‘smart custom’ bluewater cruiser
Stand-out feature of the new vessel is a GT (Gran Turismo) deck configuration conceived by Nauta Design
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Construction begins on new superyacht marina in Spain
Gran Marina del Estrecho will be one of the most modern marinas in the Mediterranean and a base for superyachts of any length
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Another record quarter for MarineMax
Second quarter revenues up 70% overall and gross margin hits 30% as America’s biggest dealership chain raises FY2021 guidance
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Volvo Penta sees strong orders in Q1
Strong profitability and market demand highlighted Swedish engine maker Volvo Penta’s first quarter in 2021, along with continued supply chain disruption
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Leopard brand back with new 36m
First custom project to be followed by new launches from Italian builder
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US boating industry should leverage its economic might
American Boating Congress - If industry to grow, US recreational boating industry needs to flex its muscles
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Canada backs down on proposed changes to boat rental licensing
Industry advocacy campaign successfully defends against proposed regulatory changes that would have made it harder for tourists to rent boats
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Ferretti reports record-breaking quarter
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Sanlorenzo shareholders approve €10million dividend
The Ordinary Shareholders’ Meeting of Sanlorenzo SpA was held today under the chairmanship of Massimo Perotti, approving the company’s financial statements for fiscal year 2020 as well as distribution of of a dividend of €0.30 per share, gross of withholding tax, for a total amount of €10.3 million. Perotti, Chairman ...
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The Boat Works invests A$30m in new service hub for marine professionals
Latest development adds to previous A$100m expansion as industry booms
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Shanghai Boat Show attracts strong attendance
More than 37,000 were in attendance with local boating demand on the rise
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AkzoNobel posts strong Q1 2021
The paint and coatings specialist is the market leader in Marine and Yacht Coatings, providing further detail on performance of the sector in the latest results