Market News – Page 395
-
NewsNorth Sails supplies medical facilities in Japan
The Japan unit of sail manufacturer North Sails has switched to making gowns for medical personnel fighting the coronavirus.
-
NewsNuvolari Lenard completes work on Venetian hybrid water taxi
Italian design firm Nuvolari Lenard recently completed work on a new Venetian water taxi whose hybrid propulsion system will help preserve the historic city through the use of ‘green’ technology.
-
NewsGreece extends yacht lockdown
The Greek National Commission for the Protection of Public Health has announced that all private leisure boats and commercial craft, regardless of flag, are prohibited from departing or arriving within the Greek Territory between Monday 4 May at 6am until Monday 18 May at 6am for precautionary public health reasons. ...
-
NewsSpanish nautical sector asks government for urgent support
Spanish industry association ANEN has released new figures showing a 77% drop in boat registrations for the month of April and a 37.3% drop in registrations for the first four months of the year. All lengths and sub-sectors of pleasure boats have been affected by the Covid-19 pandemic. Tourist demand ...
-
NewsCapacity closes Miami marinas within hours of reopening
Boaters queue up for hours in Miami to get back on the water Boaters in South Florida crushed public marinas as on-water activity resumed this weekend, albeit with many more rules and restrictions. Vessels were lined up as much as two hours before opening at several marinas ...
-
NewsPogo Structures launches LOXO 32 Outboard
French yard Pogo Structures has launched a new outboard version of its popular LOXO 32 motorboat.
-
NewsSA yards reopen subject to 50% staffing limit
South African boatbuilding yards reopened on Monday subject to a 50% staffing limit and strict social distancing protocols. This follows an easing of the country’s ‘hard lockdown’ – from the maximum level five to level four – to allow a partial reopening of the economy beyond essential services.
-
NewsTwin Disc Q3 results shored up by ‘stable marine demand’
The US-based manufacturer of marine power transmission equipment reported an 11% drop in sales for its third quarter ending 27 March, to $69 million
-
NewsSailing and boat access rules in Spain to start easing from Monday
22,000 leisure craft in Balearic Islands unused since Spanish lockdown introduced
-
NewsKorea International Boat Show confirmed for June this year
The organiser of the Korea International Boat Show (KIBS) confirmed to IBI today that the show is planned to go ahead as scheduled from June 5-7, 2020. There will also be an invitation-only business forum on the afternoon of June 4.
-
NewsSt Thomas approves transfer, expansion for two marinas
The St Thomas, US Virgin Islands Coastal Zone Management Committee (CZM), meeting by video conference, has approved a pair of marina plans aimed at helping the facilities recover from the twin impact of the COVID-19 pandemic and being ravaged by two hurricanes within two weeks in 2017.
-
NewsNew hydrogen fuel cell initiative involves ABB and HDF
With the growing interest and discussion about the potential use of hydrogen as a fuel for superyachts, a new initiative to manufacture megawatt-scale fuel cell systems in France may move the whole process forward. If successful, it will also help reduce carbon emissions in the maritime sector. The new initiative ...
-
NewsBrunswick Q1 ‘resilient’ despite COVID-19 impact
Brunswick Corporation released first quarter 2020 financial results and reported a strong pre-coronavirus performance, with “resilient operating margins despite COVID-19 impact”
-
NewsNanni maintains operations
French engine manufacturer Nanni has released a statement to say that most of its staff have been ‘teleworking’ since March 17, when France officially entered lockdown, including the company’s spare parts, aftersales, commercial, R&D and administrative departments.
-
NewsCanadian boatbuilder dies from Covid-19
Doug Rosborough, founder of Halifax, Canada-based custom boatbuilder Rosborough Boats, passed away on April 27 as a result of complications associated with the Covid-19 coronavirus.
-
NewsYachts to be included in new port plan for Falkland Islands
Boat traffic is rising and there is a need for more enhanced facilities
-
NewsMaritime NZ approves further marine business activities
Thanks to some dedicated work by NZ Marine on behalf of the New Zealand marine industry, Maritime NZ has approved further marine business activities under Covid-19 Level 3. This follows the recent opening of restrictions on manufacturing, which has allowed New Zealand boatbuilders to get back to work.
-
NewsDutch superyacht sector crafts new home
The Dutch superyacht lobby has moved into new digs, but its shift from HISWA Holland Yachting Group into a unit of the Netherlands Maritime Technology (NMT) trade group has been slow due to the Covid-19 pandemic.
-
NewsBeneteau responds to crisis
Beneteau has restarted production at three of its sites as half year earnings announced; CEO takes salary reduction, new strategic plan to follow in July to reflect deep transformation of its markets
-
NewsPolaris reports a 6% drop in Q1 sales
The outdoor vehicle specialist has withdrawn revenue and earnings guidance for the rest of 2020 but currently thinks the recovery will take ’more of a U shape’ – with demand weakest in the second quarter
LinkedIn
X / Twitter
Facebook
Email us
