Market News – Page 398
-
NewsFerretti signs protocol to stop spread of Covid-19 in the workplace
Italy’s Ferretti Group has announced that it is one of the first companies in Italy to sign a protocol with national, territorial and local trade unions to combat the spread of the new coronavirus, Covid-19, in the workplace.
-
NewsUS marina claims $3m in damages from shipping line
The Port of Kalama in the US state of Washington has tripled its damage estimate to US$3m, and has filed suit against SM Line Corp (SM), owner of the container ship alleged to have damaged facilities and privately owned boats when it passed the marina at excessive speed early in ...
-
NewsAmerica’s Boating Club launches weekly online magazine show
The volunteer-run America’s Boating Club, also known as United States Power Squadrons, has launched a new weekly online magazine show as part of its boating video and boater education digital media channel. America’s Boating Channel LIVE was created by volunteers to help recreational boaters cope while sheltering during the Covid-19 ...
-
NewsMB92 announces gradual return to work
MB92 Group has announced that it has restarted activities at its refit and repair facilities in Barcelona and La Ciotat.
-
NewsTyphoon International appoints operations director
Typhoon International Ltd, a UK manufacturer of wetsuits, drysuits and marine accessories, has appointed James Saunders as its new operations director.
-
NewsU-Boat Worx of Netherlands starts production line of small subs
U-Boat Worx is hoping to tap into a larger market U-Boat Worx has added to its range of submarines a small, lightweight two-seater sub called the Nemo that can dive to 100m (330ft) of depth for up to eight hours and fits on a wider range of ...
-
NewsAzimut-Benetti to make partial start to a full reworking
While the regional government for Tuscany has stated that a full return to work would not be made until May 4, it has reportedly allowed the Azimut-Benetti Group to go ahead with an initial restart that involves around 500 or so workers, about one-third of the total workforce.
-
NewsCentury Boats sold to PE firm
Private equity firm Sorfam Capital today announced that it acquired Century Boats in the middle of March for an undisclosed sum.
-
NewsRV analyst sees no economic improvement before 2021
The recreational vehicle (RV) market in the US should bottom out during the current second quarter, but the industry faces a “long and bumpy road” to an economic recovery that won’t be seen before 2021 at the soonest, according to the industry’s leading analyst. The RV and recreational boating industry ...
-
NewsAlia turns hull of first 36m all-aluminium shadow vessel
Turkey’s Alia Yachts has turned the aluminium hull of its 36m shadow vessel slated for delivery in 2021. Once complete it will support Project Phi, the 55m mothership currently in build at Royal Huisman in the Netherlands.
-
NewsCox issues CXO300 production update
The UK’s Cox Powertrain today announced that assembly of its new CXO300 diesel outboard engine will proceed as planned at its Shoreham-by-Sea headquarters, while the company’s ramp-up production schedule will begin in Q3 when supply chains are hoped to be operating nearer pre-Covid-19 levels.
-
NewsShakespeare Marine secures largest-ever UK manufacturing order from Asia
US-headquartered Shakespeare Marine has received an order from HNC Global Supplies Co in Korea for over 500 of its antennas.
-
NewsMarinas, boat yards and boat plants re-open in three US states
On Saturday the governors of three US states announced the reopening of marinas, boat yards and marine manufacturing businesses that have been shut down for weeks as part of lockdowns related to the ongoing Covid-19 pandemic On Saturday the US leisure boating industry received a serious boost ...
-
NewsMonaco & Ft. Laurderdale show owner taps investors for funding
British-based Informa – a global events organiser and publisher – has turned to investors to raise £1 billion as a defense against the ”significantly deeper, more volatile and wide-reaching impact of the COVID-19 pandemic.”
-
NewsHylas Yachts expands presence in performance cruiser market
The Taiwanese-headquartered sailing yacht brand, Hylas Yachts, has strengthened its presence in the performance cruiser market with the launch of its new Hylas 60 model. In terms of design, the Hylas 60 brings together international input from German Frers for the exterior styling and construction design with an interior layout ...
-
NewsPolaris donations support ‘Goggles for Docs’
Nearly 1,300 Goggles Donated to Help Address Protective Eye Equipment Shortages Across the U.S.
-
NewsMediterranean new-build yacht and refit yards start to reopen
With the lockdowns due to the COVID-19 pandemic being eased in countries such as Spain and parts of Italy, a number of yacht and superyacht new-build and refit facilities have started to reopen this week. France will stay in lockdown until at least May 11 and Monaco is set to ...
-
NewsBRP takes further steps to manage COVID-19 impact
After slowing down and temporarily suspending manufacturing at all powersports and marine operations sites around the world, Canada’s BRP Inc. announced a series of additional measures – including cost-containment measures and employee compensation changes – to protect the company’s financial flexibility and long-term growth.” BRP’s marine-related products are captured in ...
-
NewsFarSounder enters Brazilian market
Navigational equipment manufacturer FarSounder Inc has entered the Brazilian market with the appointment of Ulstein Belga Marine as its newest dealer and the company’s first point of distribution in the country.
-
NewsCanadian marina operator acquires four more properties
Canadian marina operator Maple Leaf Marinas has added four new properties near Toronto to its growing portfolio of premium boating facilities.
LinkedIn
X / Twitter
Facebook
Email us
