More Company News – Page 229
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Brunswick sees no business disruption from coronavirus, imposes travel restrictions
Despite an extended shutdown of Mercury Marine’s Suzhou, China engine assembly plant, Brunswick Corp has managed to get through the early stages of the COVID-19 coronavirus pandemic without any disruption to its supply chain or its ability to deliver product.
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Permateek appoints Danish dealer and installer
Permateek, the UK manufacturer of synthetic teak decking for yachts, has appointed a second specialist dealer and installer for Denmark.
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Award win provides boost to SeeArch expansion strategy
Toronto, Canada-based safety equipment manufacturer SeeArch Inc is looking to build its international distribution on the heels of being presented with the 2019 Marine Industry Award by the Canadian Safe Boating Council.
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Nauticus appoints Smart Tabs distributor for Finland
US-based Nauticus Inc, manufacturer of the ‘Smart Tabs’ automatic trim tab system, has expanded its presence in Finland
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Rolls-Royce reports slight increase in marine sales
UK firm strengthens position of its MTU-branded products in a deteriorating market
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Five Sirena 88s sold in just five months
Turkish boatbuilder Sirena Yachts has sold five units of its Sirena 88 flagship since its world debut at the Cannes Yachting Festival last September. Two units were sold to owners in North America and two in Europe, with the fifth hull selling to a Russian owner at the Düsseldorf boat ...
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PlainSailing.com wins two industry awards
The UK-based yacht charter platform was honoured in two separate global award schemes
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US cat-builder expands dealer network
World Cat, a US builder of outboard-powered centre and dual console catamarans, has added 50 North Yachts in San Diego, California to its growing dealer network.
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Asia-Pacific Boating magazine resumes publication
Long-standing consumer boating magazine, Asia-Pacific Boating, is to resume publication under a licence agreement from the Singapore Press Holdings (SPH) group, the title’s owners. The agreement will also embrace AsiaSpa magazine, a title that was also previously run by SPH alongside Asia-Pacific Boating. The titles were stopped in late 2019 ...
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Amels, Damen step up solar power capacity
Amels, the superyacht division of Damen Shipyards Group, says solar power generation at its yard on the Dutch North Sea now accounts for nearly one-third of its annual electricity need there.
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Ferretti builds trigeneration plant at Ancona yard
The new plant will reduce electricity consumption by up to 79%
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CMC Marine expands service centre network
Pisa, Italy-headquartered CMC Marine has expanded its global network of service centres with new members serving Italy, Spain, Cyprus, Hong Kong and the Philippines.
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Lawyers’ statement in Sunseeker dispute
Lawyers acting on behalf of the prospective owners of a 74ft Sunseeker yacht, which was impounded by US marshals at the Fort Lauderdale International Boat Show in November, have made the following statement after the recent Federal Court ruling that the yacht should be returned to Sunseeker USA: “Mr and ...
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OneWater Marine announces fiscal Q1 earnings following IPO
OneWater Marine announced fiscal first quarter 2020 revenue up 49% on 17% same-store sales growth, the boat dealership chain’s first reporting after an initial public offering (IPO) of 5,307,693 shares of its Class A Common Stock at a price of US$12.00 per share.
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The Boat Works’ new superyacht yard opens for business
The Boat Works’ new superyacht yard on Australia’s Gold Coast is now open for business after a build time of just nine months.
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Two South Carolina boatbuilders expand operations
The US marine industry trend moving toward bigger boats and bigger outboards has two South Carolina builders moving toward bigger facilities and bigger things ahead.
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Sunseeker USA wins court ruling to recover seized yacht
District court finds in favour of Sunseeker USA and orders return of 74ft Sport Yacht seized at the Ft Lauderdale boat show in November
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Princess Yachts takes largest-ever display to Dubai show
The UK’s Princess Yachts has confirmed that it will be taking six yachts to the Dubai International Boat Show (DIBS) next month, making it Princess’s most extensive DIBS display ever. The line-up will include three show debuts - the Y85, F70 and F50.
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Garmin to sponsor Bassmaster fishing events
Electronics manufacturer Garmin International Inc has signed a three-year agreement to sponsor a series of freshwater fishing tournaments in the US organised by the Bass Anglers Sportsman Society (BASS).
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Sevenstar partners with Panama Posse
Sevenstar Yacht Transport has been made the logistics partner of choice for the Panama Posse fleet of motor and sailing vessels. Under the terms of the agreement, Sevenstar will provide tailored solutions from Golfito in southern Costa Rica, Manzanillo and La Paz in Mexico, to Ensenada, Mexico and Victoria, Canada.