Market News – Page 68
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Mixed Q3 for Taiga Motors
Revenues increase 222% YoY while higher expenses lead to $20m loss for the quarter
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Vision Marine, Wired Pontoons enter supply deal
Vision receives initial order for 25 E-Motion 180E electric outboard propulsion systems
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Lalizas hosts week-long Synergy Summit
More than 70 employees of the Greek firm gathered on Aegina island for the occasion
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New Cape Town yard debuts with inaugural sportsfisher
The new venture transformed from concept to reality in June 2023
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Abu Dhabi show opens with more exhibitors and a focus on sustainability
The four-day event is currently taking place at the Abu Dhabi National Exhibition Centre
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MAN unveils new hydrogen combustion engine
Designed specifically for off-road applications, new 16.8L diesel generates 500hp/368kW
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NZ hatch manufacturer acquires distribution business
Cule Marine acquires MarineXpress, VibraStop as part of long-term growth strategy
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Henri-Lloyd strengthens UK sales reach and customer support
Sailforce to provide additional hands-on sales reps in the UK and Ireland
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Official electric boat of the 37th America’s Cup named
De Antonio Yachts’ E23 will be used as electric support vessels at next year’s event
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ABYC releases 2024 certification class calendar
Full training calendar includes in-person and online educational programs addressing mechanical systems, electrical, standards and corrosion abatement
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Sanlorenzo reports record backlog, steady increase in profitability
Italian superyacht builder confirms strong financials for the first nine months of 2023
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Twin Vee to consolidate boat production
US power catamaran builder to shift Aquasport V-hull production from Tennessee to Florida in bid to cut costs
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KVH reports 5% YoY drop in Q3 revenues
Service revenues grow as product revenues decline for US satellite communications firm
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EdgeWater signs new US dealers
The Nimbus Group brand grows presence in Florida, Virginia and upstate New York
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Maltese NGO calls on Ministry to withdraw Birgu marina plans
Moviment Graffitti claims the investment would allow boats to “take over the whole creek in Birgu and Kalkara”
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Wichard Group buys Ronstan
Deal expands product portfolio and growth opportunities in global markets
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Beneteau reports nine-month revenue growth of over 30%
Q3 in line with full-year forecasts, says French builder
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MAN Energy Solutions signs MoU with Doen WaterJets
Propulsion system collaboration could bring new propulsion options to large yacht segment