Market News – Page 399
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NewsRobertson & Caine ramps up hygiene control at SA factories as lockdown continues
R&C’s once-busy factories are closed until the end of April Catamaran producer Robertson & Caine is ramping up hygiene control measures inside its South African factories in response to the coronavirus pandemic. Thermal cameras to monitor physical distancing, washbasins, and extensive staff engagement are part of a ...
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NewsGurit restructures Composite Materials unit
Swiss composites specialist Gurit Holding has divided its Composite Materials business into two units: one focused on Marine & Industrial Materials and the other on its extensive Wind Materials business
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NewsPolish boatbuilders continue production despite global supply chain disruptions
A number of Polish boatbuilders continue their production activities despite the ongoing coronavirus outbreak and the lockdown the country’s authorities have placed on numerous industries and institutions. Responses to the current situation have varied among boatbuilders as the majority of companies decided to maintain production at their shipyards, but others, ...
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NewsLowrance SA expands dealer network but warns of Covid-19 headwinds
Liz Plotz at Lowrance SA is trying to soften the blow for dealers South African marine electronics distributor Lowrance South Africa has expanded its dealer network but warns of stiff economic headwinds caused by the global coronavirus epidemic. The electronics company added two dealers to their network ...
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NewsObituary: Peter Birkett
Best known for his work on the design of Virgin Atlantic Challenger II and Gentry Eagle, two boats that set new records for the fastest crossing of the Atlantic, UK designer Peter Birkett succumbed to heart problems over the Easter holiday. He died in Newquay Hospital in his beloved Cornwall ...
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NewsThree boat brands fall victim to coronavirus as Polaris ends Indiana boat production
Polaris has discontinued production of three of its boat brands and will be shuttering the Syracuse, Indiana plant where they are made.
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NewsABYC updates USCG guide, solicits input for future standards updates
Standards updates applicable to all companies building boats for the US market
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NewsRailblaza celebrates 10th anniversary
New Zealand-based Railblaza recently celebrated its 10th anniversary of designing and producing accessories for the marine industry. The company’s founder, Ross Pratt, struggled to find a reliable solution to securing items to vehicles or boats. Born out of necessity, Pratt developed a system that he quickly realised would provide the ...
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NewsDeutsche Yachten expands membership
Deutsche Yachten, the German superyacht industry group, has taken on two new member companies – marine communications specialist Yachtelektronik Kruse and akf bank, a leading finance partner for those buying yachts of up to 50m in length.
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NewsWave International appoints Italian distributor
Stelio Bardi Srl to repreent Wave’s MiniBOSS OWS in Italy, Monaco and Malta
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NewsNew dates and strategy for Genoa show
A new plan will be put in motion to adopt ’extraordinary measures’ for the 2020 edition of the Genoa International Boat Show, which will see the design of a flexible layout that can adapt to the various post-pandemic scenarios, together with new dates.
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NewsYamaha suspends production at outboard engine factories following US closures
Lower demand and supply problems are factors in the latest decision to suspend production for effectively a month
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NewsCorrect Craft producing PPE
Just one week after its Florida operations were curtailed due to the COVID-19 pandemic, Correct Craft is beginning to produce Personal Protective Equipment (PPE) at its facilities there and in California.
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NewsAntonini Group launches new yacht brand
Italy’s Antonini Group, a commercial shipbuilder active in the oil and gas industry, has entered the luxury yacht market with the creation of a new brand – Antonini Navi. The project is the brainchild of Aldo Manna and has the full support of the Antonini family, with a planned investment ...
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NewsSafinah Group expands yacht team
Stuart Downie joins the UK marine coatings specialist as a consultant
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NewsPier One, Seahorse merge
Seahorse Marine has become the seventh Florida brokerage firm in as many years to merge under the Pier One Yacht Sales banner
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NewsLippert execs take pay cut, trim jobs, create emergency fund
American equipment maker Lippert Components announced further measures the company is taking to weather the Covid-19 storm including salary reductions, job furloughs, and emergency funding for employees impacted by the crisis. The company said it would ‘pause’ on acquisition activity aimed at diversification, but continue to invest in technology
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NewsNMMA announces 23 layoffs, discontinues export development program
Further to today’s IBI News Flash entitled ‘Layoffs at NMMA’, the US trade association has just released the following email to its member companies. Dear NMMA Member, I hope you and your family are well and remaining healthy. Over the past month, the NMMA team has been working closely with ...
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NewsTwin Disc reducing salaries, staff to combat COVID-19
Twin Disc, the maker of marine and off-highway power transmission equipment, has announced a series of…
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