Market News – Page 389
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NewsAzura Marine launches new solar-powered cat
The first of a new series of solar-powered catamarans by the Singapore-based Azura Marine was launched earlier this month in Bali, Indonesia. The appropriately named ’Solar Eclipse’ is the first hull of in Azura’s Aquanima 40 series, which currently includes the Aquanima 40 and Aquanima 45.
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NewsHorizon CC98 in build for repeat Australian owner
Taiwanese boatbuilder Horizon Yachts is building its fourth Horizon yacht for a repeat client. The Horizon Custom Collection (CC) 98 is for an Australian owner whose three other yachts were a Horizon CC80, an E84 and
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NewsNimbus completes acquisition of Swedish boatbuilder
Sweden’s Nimbus Boats has completed the acquisition of aluminium boat producer Alukin Boats Sweden AB. Alukin, located north of Stockholm, is now a full member of the Nimbus family.
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NewsHanse logs record order book
Lower turnover, but order book increases 28% for the first nine months 2019/2020
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NewsChina’s National People’s Congress proposes new Hainan investment initiatives
Control mechanisms for yachts included in new policies
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NewsBoost in UK boating activity as lockdown lifts
The UK’s Trafalgar Drystack says it has achieved a record number of boat launches since lockdown measures in England were eased on May 13, as private boaters flocked back to the water.
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NewsSaim Marine appointed Sea Recovery sales agent in Arabian Gulf
The Italian equipment distributor will represent Parker Water Purification products
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NewsEcho Yachts wins order for 56m catamaran yacht support craft
Western Australia-based Echo Yachts has won its first superyacht contract since delivery of two vessels for the same Singaporean owner, which included the 84m (276ft) trimaran White Rabbit.
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NewsSuperyacht Australia reports rise in foreign-flagged yachts
Data released last week by Superyacht Australia, the peak body for the Australian superyacht industry, shows that foreign-flagged superyachts stayed an average of 73 days in 2019 compared to an average of 41 days in 2018 – a 79% increase in the length of stay.
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NewsResurgence of Covid-19 forces cancellation of next week’s Korea show
The postponed Korea International Boat Show (KIBS) scheduled for next week has been cancelled due to a resurgence of the Covid-19 virus, which raises the question on how boat shows can be successfully run in any part of the world while no reliable means of controlling the virus exists.
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NewsYamaha first quarter results 2020
Yamaha Motor Co Ltd has reported consolidated net sales of ¥395.9bn for the first quarter of the fiscal year ended December 31, 2020, a decrease of ¥33.5bn or 7.8% compared with the same period during the previous fiscal year. Operating income was ¥25.4bn, a decrease of ¥10.5bn or 29.2%.
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NewsBRP closes Alumacraft Arkansas plant, consolidates in Minnesota
BRP will shutter its Alumacraft Boat operation in the state of Arkansas, eliminating 90 jobs and consolidating manufacturing at its existing facility in St Peter, Minnesota, according to a company news release and local reports. This on the heels of Wednesday’s announcement that the Canadian outdoor recreational products company is ...
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NewsIBEX on schedule to open in September
The organisers of the 2020 International BoatBuilders’ Exhibition and Conference (IBEX) in the US have issued a statement to say that this year’s event is on schedule to open on 29 September.
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NewsSilent-Yachts reports four new sales during crisis peak
Austria’s Silent-Yachts has reported four new sales in recent weeks. The company now has eight solar-electric catamarans under construction at its yard – one Silent 55, four Silent 60s and three Silent 80s, the 24m flagship model of the entire range.
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NewsSunseeker staff to return to work
The UK’s Sunseeker International is implementing a phased return to work for all its employees starting as early as next week.
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NewsGerman interiors specialist buys Austrian facility
German yacht interiors specialist metrica has completed the acquisition of a new facility in Greifenburg, Austria.
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NewsFairline warns of job losses
Workers at Oundle, UK-based boat manufacturer Fairline Yachts are facing an uncertain future after the company warned of the need to axe jobs, reports The Peterborough Telegraph.
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NewsTough Q1 for BRP as it exits the outboard engine business
Near 26% revenue decline in marine segment and over 40% drop in outboard sales leads BRP to discontinue production of Evinrude outboards and pursue new marine strategy including partnership with Mercury
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News2020 HISWA-in-Water boat show cancelled
The 2020 HISWA-in-Water boat show has been cancelled because of COVID-19, delivering yet another blow to the Dutch boating sector already reeling from a pandemic that has caused it an estimated €1.1bn in damage to date.
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