Market News – Page 73
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NewsePropulsion aims to grow OEM business with new X40 outboard
New 40kW electric outboard launched at FLIBS in bid to build OEM business in high volume pontoon, RIB and freshwater fishing segments
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NewsQuick buys Italian electronics firm
The acquisition of XENTA Systems represents a major strategic opportunity, says CEO
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NewsBrunswick Q3 down from prior year
The decline was partially offset by price increases, market share gains and a wealth of new product introductions
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NewsMarineMax ends fiscal ’23 with record quarter, annual growth
Jump in revenues driven largely by acquisitions
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NewsFLIBS traffic so far shows continued strength in luxury yacht segment
Particularly busy are yacht brokers and manufacturers of large luxury vessels
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NewsAquila doubles down on fishing market at FLIBS with new 47 Molokai
Success of previous Molokai 28 model has Chinese boatbuilder looking to grow share in lucrative fishing segment with larger 47 flagship
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NewsCockwells introduces new UK apprenticeship scheme
British tender specialist teams up with Cornwall Marine Network to train the next generation of British boatbuilders
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NewsBeneteau signs pan-European finance deal with French bank
Crédit Agricole to offer bespoke financing and leasing solutions to Beneteau dealers
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NewsJohnson Outdoors to wind down Eureka camping equipment business
Parent to Minn Kota, Humminbird marine product brands to shutter 128-year-old camping gear nameplate in order to focus on existing lines
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NewsStaten Island Yacht Sales sold
Germain Motor Company buys US boat dealer and brokerage for undisclosed sum
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NewsCruisers Yachts launches new flybridge series at FLIBS
Newly announced 55 Fly will be first model in three-vessel series, with deliveries to being in spring 2024
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NewsNew ambitions for Glastron, says Beneteau
Your Boat Club to incorporate Glastron’s six-model range of boats into its fleet
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NewsRolls-Royce strengthens position in US sportfishing, yacht markets
It was a record year for mtu series 2000 engines in America, says firm
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NewsFormula announces new centre console models at FLIBS
New 457 models join growing lineup of centre console product for US yacht builder
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NewsPrincess Yachts issues commercial and financial update
Supply chain shortages and inflationary cost pressures hit UK builder’s turnover for 2022 financial year
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NewsBrunswick to enter consumer finance market
US builder announces launch of Brunswick Finance, a private label digital retail financing solution
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NewsQ3 a mixed bag for Marine Products Corp
Third-quarter revenues down 22% while year-to-date revenues remain up 15% in bad news, good news Q3 for US boatbuilder
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News2023 DAME Design Award shortlist announced
Some 53 products from 19 countries have entered the final judging round
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NewsFlat Q3 volumes lead AkzoNobel to cut costs, improve supply chain efficiency
Dutch coatings specialist expects ongoing macro-economic uncertainties to continue
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NewsHydrogen specialist delivers 40kW marine fuel cell for leisure boat application
Genevos’ HPM-40 will be installed by MadBlue Marine in an 8m hydrogen-electric speedboat
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