More Company News – Page 198
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NewsMichigan dealer expands with a focus on first-time boat buyers
A successful Michigan boat dealer is riding a wave of demand for boats by opening a third location that will focus on the first-time and entry-level boat buyers. Grand Bay Marine, founded in Traverse City in 1997, is converting a former freight warehouse into a 20,000sq ft showroom and pro ...
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NewsInmarsat takes on Speedcast’s maritime customer contracts
The move comes as Speedcast looks to emerge from Chapter 11 proceedings in the US
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NewsHill Robinson Group expands with rebranding and management appointments
Moravia Yachting relaunched to offer retail charter and brokerage services
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NewsBoarnstream becomes Netherlands dealer for Spain’s Rodman Group
Boarnstream has been named dealer for the Netherlands for the fast leisure boats of Spain’s Rodman Group. The Dutch builder says it “has long been looking for a high-quality brand” to broaden its offering of motoryachts.
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NewsChanges in ownership group of Fountaine-Pajot and Dufour
Compagnie du Catamaran, the controlling holding company of the Fountaine-Pajot group and Dufour Yachts, has announced a change in its shareholding. The investor Next Stage, a minority shareholder in the La Rochelle-based shipyard, is being replaced by private equity investor Arkéa Capital, which intends to work alongside members of the ...
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NewsItalian start-up plans Series A crowdfunding campaign for electric hydrojet
Sealence hopes to raise €7m in financing
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![Navy 3.0_Highfield[2]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/100x67/6/6/5/12665_navy3.0_highfield2_596605.jpg)
NewsePropulsion appoints Italian distributor
ePropulsion, the marine electronic propulsion specialist from Hong Kong, has appointed Commerciale Selva as its new distributor in Italy.
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NewsVision Marine IPO opens higher, shares soar in first day of trading
Vision Marine Technologies’ first day of trading on the US Nasdaq saw its IPO open 10% higher, at US$11.03 per share, then gaining 72% at its peak before some profit taking closed the day at US$13.69, nearly 37% first-day growth. The Quebec, Canada-based manufacturer of E-Motion electric outboard powertrains announced ...
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NewsHelm becomes Dufour Catamarans agent
London-based broker Helm has become the UK sales and charter agent for Dufour Catamarans.
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NewsE-Motion outboards to go public, Vision to price placing
Vision Marine Technologies, the Canadian firm behind the E-Motion electric outboard, has announced an initial public offering of 2.4 million common shares at US$10 per share to raise US$24m before offering expenses. The new stock will be offered on the Nasdaq under the ticker symbol ‘VMAR’ with trading beginning today ...
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NewsNanni in supply deal with Integrity Boats
French engine manufacturer Nanni has announced that its N6.285CR2 engine has been chosen by Integrity Boats to power its latest model, the Classic 440 Sedan.
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NewsCyclops Marine expands Down Under
Cyclops Marine, the UK-based developer of load sensors for sailors, has appointed Any Port Marine as its new distributor for Australia.
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NewsBrunswick’s boat club touts record year
The Freedom Boat Club model is proving a win-win for parent company Brunswick Corporation and individual franchise operators which are enjoying strong growth
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NewsSeldén Mast becomes official mast supplier for Farr X2
Swedish spar manufacturer Seldén Mast has become the official mast supplier for the new Farr X2 one-design racing yacht. Seldén will also provide the class with carbon booms, carbon rigid vangs and standing rig.
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NewsTracker to double production capacity, add 300 jobs
Tracker Boats in the US is doubling production capacity at its Bolivar, Missouri facility and adding 300 jobs there and at its nearby Lebanon, Missouri facility. Owned by White River Marine Group, a subsidiary of Bass Pro Shops, a company statement indicates founder Johnny Morris is investing US$3m in converting ...
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NewsFastmount appoints South Korean distributor
Auckland, New Zealand-based panel mount manufacturer Fastmount Panel Mounting Systems has appointed a new full-line distributor in South Korea.
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NewsMarineMax cited as pandemic performer
MarineMax, the Clearwater, Florida-based national retailer, was named a top performer during the pandemic months by a local newspaper looking at how the Top 10 companies in the Tampa Bay area of the Panhandle State fared during the second and third quarters of 2020. “If any local company can be ...
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NewsSuzuki restructures US operations
Masahiro “Max” Yamamoto has been appointed president of Suzuki Marine USA LLC Suzuki Motor of America Inc announced late on Thursday that it will restructure its operations in the US by separating its motorcycle/ATV and marine divisions into two separate companies. Effective April 1, 2021, the company’s ...
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NewsVaan Yachts to build second sustainable cat in “uneasy year”
Vaan Yachts owner Igor Kluin Vaan Yachts, a new Dutch builder of recyclable aluminium catamarans, says it will soon build a second project – a 14.95m (49ft) sailing yacht. “We are finally on our way. This has not been an easy year,” says owner Igor Kluin. Kluin ...
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NewsBarnacle Systems appoints exclusive UK distributor and global sales agent
Barnacle Systems, the Canadian manufacturer of BRNKL boat security and monitoring products, has chosen Global Distribution Solutions (GDS Ltd) to serve as its exclusive UK distributor and global sales agent.
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