Market News – Page 72
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RAD Propulsion partners with Hyrex on new electric boat
The Hyrex 28 day cruiser will be powered by a RAD 40 outboard
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Torqeedo forms new training academy
The German propulsion specialist aims to educate, empower and inspire the electric boating community through its newly established Torqeedo Academy
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Success of 2023 Sri Lankan show demonstrates market’s resilience
Marine industry and marine tourism sectors move forward after five years of stagnation
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Grand Banks net profit jumps 158% in Q1
Five new orders were secured during the quarter, taking value of order book to SG$148.8m
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Turkish industry honours Atatürk on Republic’s 100th anniversary
A group of 30 yachting professionals gathered to pay their respects on the weekend
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Dometic Q3 solid despite 10% revenue drop
Improved EBITA margin and second best operating cash flow ever offset lower revenues from softer end markets
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US speed champion orders Sunreef 88 Ultima
The hybrid luxury super cat will be the Polish yard’s first US-sold Ultima yacht
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Brunswick Financial Solutions offers go-to-market flexibility
Expansion of Brunswick’s retail financing operation is not the result of tightening consumer credit mraket, says CEO
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NOAA denies petition for US Gulf of Mexico whale speed restrictions
The denial came Friday while the same interested parties await final version of a nearly identical measure aimed at protecting the North American right whale (NARW)
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Cape Town signs three-year deal to sponsor boatica show
The City of Cape Town extends agreement with event organisers Messe Frankfurt
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Scania unveils innovative marine hybrid platform at FLIBS
Newly launched E-Machine offers bolt-on hybrid or full electric propulsion capability to existing diesels
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3rd Olympic Yacht Show attracts large crowd
Greece’s only major in-water boat show drew more than 15,000 visitors over four days
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Electric boat association forms in Spain
The National Association of Electric Boats (ANBE) was announced in Barcelona
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MasterCraft Boats donates US$75,000 to children’s hospital
US boatbuilder hosts successful ‘Surf to Save Lives’ initiative to benefit pediatric research facility
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Boatica Cape Town kicks off on eve of critical AGOA talks
This year’s edition of the flagship boating industry event has a strong emphasis on innovation
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Cooperation and communication key to saving whale populations
A briefing was held today at the Fort Lauderdale International Boat Show
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Decent Q3 for Patrick Industries despite 22% revenue drop
Slower demand in end markets offset in part through cost controls and automation investments to protect margins
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Sunseeker hosts world debut of Ocean 182 at FLIBS
Global debut of Ocean 182 and US debut of Predator 75 model draws crowds for British yacht builder