Market News – Page 93
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Record revenues for BRP, but not a perfect Q2
Strong sales of powersports equipment and Sea-Doo product offset by declines in marine segment revenues as supply hiccups continue to delay new product ramp-ups
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Baglietto targets Asian market with new Singapore office
Alvin Chua of Monaco Yachts Asia will manage the new location
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Record number of new initiatives planned for METSTRADE
Highlights include a Next Generation Propulsion Zone, new Foiling Technology Pavilion, and the IBI-METSTRADE Boat Builder Awards for Business Achievement
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US government awards BoatUS Foundation $10m to fund derelict vessel removal program
Nonprofit to develop competitive grant program to fund education, removal of abandoned, derelict vessels in US waters
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KVH signs service agreement with Starlink
Reseller agreement will enable KVH to sell high-speed, low-latency Internet service as stand-alone product or integrated with KVH ONE global network
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Rossinavi delivers first hybrid superyacht powered by AI
The 50m (164ft) No Stress Two was handed over to its new owner last week
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New Canadian boat club opens for business with Capria crane
Aqua Boat Club is a drystack-only facility in Kelowna, British Columbia
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Freedom Boat Club boosts presence in Spain
Four of the company’s franchise locations have undergone a transition to the Freedom brand
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Italian trade body presents details of 63rd Genoa show
Over 1,000 brands, 143 additional berths and 184 new products among highlights next year
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2023-24 Clipper Round the World race sets off from UK
The 40,000Nm race began in Portsmouth yesterday and will take nearly a year to complete
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1st Electric Summit held in Germany
Inaugural event saw 80 experts discuss the next steps for electromobility on the water
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Polish builder expands portfolio with two new models
Several more models are also planned for 2024
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Bass Pro temporarily closes Triton factory
US builder shifts manufacturing from Midway to Flippin, Arkansas amid economic challenges
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Dates set for 2024 Palma International Boat Show
Next year’s event is returning to Moll Vell in April
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Moody offers sneak peek of new model
The new Moody DS48 will have its official presentation in December
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Yamaha to provide dealer, retail financial services for Grady-White Boats
New multi-year agreement will see Yamaha back floorplan and retail lending for US fibreglass boat builder
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Shakespeare Marine appoints first Indian distributor
Benson Marine is said to be the number one store for high-end electronic marine equipment for shipyards, businesses and other customers
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CRN announces new full-custom 70m superyacht
M/Y 145 (Project Thunderball) is in build at Ferretti’s Superyacht Yard in Ancona
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Hurley Marine names French distributor
VDM Reya will be exhibiting the US firm’s dinghy davits at Cannes