Market News – Page 324
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NewsAquila signs new distribution agreement
Florida, US-based Aquila Power Catamarans has completed a new distribution agreement that will see Sydney, Australia-based Whitehaven Group represent its product line in Australia and New Zealand.
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NewsOyster Yachts opens UK apprenticeship academy to ensure future skilled worker supply
In a move to help ensure enough new skilled employees in the future, the UK’s Oyster Yachts has formally launched its Oyster Apprenticeship Academy, building on the company’s existing long-established apprenticeship schemes. This new initiative coincides with the UK’s National Apprenticeship Week.
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NewsSupra Boats unveils new models designed by race legends
Three-times NASCAR champ and team co-owner Tony Stewart won’t be in Daytona Beach, Florida later this month when Stewart-Haas Racing takes on the road course at the legendary speedway. Instead, he’ll be at a boat dealership in his native Indiana, unveiling two new models from Supra Boats that the legend ...
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NewsRecord Q2 for MasterCraft
Net sales up 19% YOY, gross profit up 38.5% on strength of continuing high demand
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NewsUS outboard engine sales show sharp increase and hit 20-year high
NMMA releases 2020 Recreational Boating Statistical Extract
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NewsPantaenius appoints head of commercial partnerships
Pantaenius, Europe’s leading boat insurance specialist, has named Jane Smith as Pantaenius UK’s head of commercial partnerships. Smith will be responsible for developing new working relationships.
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NewsBavaria at maximum current capacity
CEO of German yard comments on propsects for the year ahead
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NewsNMMA Canada hosts virtual State of the Industry event
Trade group’s “first and hopefully last” virtual presentation highlights continued market strength and ongoing advocacy efforts
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NewsRecord sales drive “historic” Q4, 2020 FY for Lippert
US components manufacturer reports $2.8bn in net sales, $158.4m in net income for 2020 fiscal year
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NewsMalibu Boats reports strong FQ2 results, building at historic levels
Several new models are selling ahead of initial expectations
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NewsNanny Cay Marina in the BVI launches ingenious Covid-beating scheme
New service is designed to attract yacht owners to the islands
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NewsMYBA Charter Show 2021 cancelled due to Covid-19 travel restrictions
It was announced today that for the second year in a row the MYBA Charter Show has been cancelled. It was due to be held at Marina Port Vell in Barcelona on April 26-29, 2021.
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NewsBoating companies among Forbes Top 10 employers
The industry’s largest boatbuilder also been named by Forbes to the 2021 list of America’s Best Large Employers. From the thousands of companies that were considered for this honor, only 500 made the final list. Brunswick Corporation is ranked Number 10 overall and Number 1 ...
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NewsSanlorenzo launches fifth 52Steel superyacht
Sanlorenzo Superyacht has launched the fifth unit of its 52Steel, a 52m steel vessel of which a further three units are currently under construction at its La Spezia yard.
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NewsNew CEO at OXE Marine
The board of directors of OXE Marine AB, the Swedish diesel outboard engine maker, has reorganised the company’s management team with the appointment of Magnus Grönborg as CEO.
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NewsDates confirmed for ICOMIA World Marinas Conference 2021
ICOMIA has confirmed that the 2021 edition of the ICOMIA World Marinas Conference (IWMC) will be held in Dubai from October 12-14, 2021. The IWMC 2021 will be hosted by P&O Marinas and it will be held at the Mina Rashid Marina Events Hall.
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NewsSuper Bowl spotlight on boating
Boating got a boost during the 55th airing of the Super Bowl – the championship game of America’s National Football League and one of the most watched events on US television. Taking a one minute slot during the show, outdoor specialist retailer Bass Pro Shops aired its first ever commercial ...
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NewsGrand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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NewsPandemic PWC sales explosion good for top players, but can momentum continue?
BRP and Polaris have battled head-to-head in the market for nearly 50 years
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NewsCMC Marine appoints Spanish representative
CMC Marine, the Italian manufacturer of stabilizers, has recently signed an agreement with Spanish Group Pasch, which has four sites in Spain and Portugal, in its latest step in the broad-based internationalisation strategy that is an increasingly fundamental aspect of the business approach being adopted by CEO Alessandro Cappiello.
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