All News articles – Page 771
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NewsBrunswick looks to trim US$35m, additional layoffs coming
More layoffs are instore at Brunswick Corp subsidiaries as the company announces plans to produce up to US$35m in “cost reductions”, suggesting details will be delivered during a quarterly earning conference call with stock market analysts on Thursday.
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NewsPolish boatbuilder reports increased exports
Galeon, a prominent exhibitor at the recent Wind & Water boat show in Poland, is reporting strong exports. The news comes not long after Galeon picked up a 2018 IBI-METSTRADE Boat Builder Award in the Innovative Onboard Design Solution category for its 640 Fly and 650 Skydeck models.
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NewsBoat stocks sink amid Wall Street fears
Boating-related stocks took a beating Monday as analysts cut earnings and target estimates on the news of declining US boat sales, showing signs that the marine industry’s eight years of sustained growth could be nearing an end.
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NewsObituary: Ron Allatt
Ron Allatt, co-founder of Australian deck hardware manufacturer Ronstan, passed away peacefully last week with his wife Jan at his side. He was 89.
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NewsLinssen reports strong first-half
Linssen Yachts of the Netherlands says it delivered 87 yachts in the first half of 2019, including its entire fleet of pre-owned vessels. Marketing manager Paul Beelen said the deliveries comprised 61 new and 26 used motoryachts.
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NewsBrazilian builder launches new joystick-controlled yacht
One of Brazil’s biggest boatbuilders has introduced a new flybridge cruiser that it describes as the world’s first leisure boat without a steering wheel.
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NewsLignia in major supply deal with UK builder
All newly commissioned Spirit yachts will now be fitted with Lignia decking, a durable and sustainable alternative to teak. The Ipswich-based yacht builder, currently completing a Spirit 111 performance sailing superyacht, believes that Lignia will become “the industry standard for decking”.
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NewsSunseeker reports solid growth in profitability
The UK’s Sunseeker International has reported substantial growth in gross margins and retained profit for the year ended December 31, 2018.
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News‘One Hundred Feet’ enters production in Brazil
Brazilian shipyard Sedna Yachts has officially commenced production of its new ‘One Hundred Feet’, a project signed by Italy’s Marino Alfani Design.
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NewsGreen light for Suntex marina redevelopment
Suntex Marina Investors in the US today announced that the Fort Lauderdale City Commission has voted unanimously to approve plans for the renovation of Las Olas Marina.
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NewsMalibu licenses surf technology to Sanger Boats
Towboat-builder Malibu Boats has announced a licensing agreement in which Sanger Boats will be utilising the Tennessee boatbuilder’s wakesurf technology.
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NewsPorto Montenegro names new tenants
Porto Montenegro has announced that Monte Carlo Yachts, Beneteau and Sunreef Yachts opened offices at its marina this summer, strengthening its position as one of the Mediterranean’s leading luxury yacht homeports and marina villages.
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NewsBest of Boats (BOB) Awards – jury revealed
The jury has been announced for this year’s Best of Boats (BOB) Awards. They come from 16 countries and represent every important watersports destination and boatbuilding nation.
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NewsInmarsat buyers provide assurances to UK government
Following the news that the proposed $6bn acquisition of the satellite communications group, Inmarsat, had been referred to the UK Competitions & Markets Authority (CMA) for clearance, the buying consortium has given reassurances to the UK government about its future commitments to the UK.
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NewsLeading boatbuilders to benefit from large-scale charter fleet order
The Moorings, Sunsail and Footloose have announced a $130m investment in new charter products by parent company Travelopia Yachts. Jenneau, Beneteau, Lagoon and Robertson & Caine are among the brands which will be receiving orders according to the charter operator
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NewsUK’s Isle of Wight to strengthen marine infrastructure
In two recent actions, the UK’s Isle of Wight (IOW) Council has taken steps to buy key buildings related to the island’s important marine industry and released the latest masterplan for Newport harbour.
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NewsLengers reports two superyacht sales
Dutch brokerage Lengers Yachts has announced the sale of another Sanlorenzo ‘crossover’ yacht, the SX88, and a 134ft semi-displacement yacht from Lürssen.
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NewsCorporate changes at two UK yacht builders
Corporate changes to the ownership structures at both Fairline Yachts and Princes Yachts have recently been made known through filing to Companies House, the UK business register.
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NewsPolboat president delivers Polish industry update
The Wind & Water boat show in Gdynia, on the shores of the Baltic Sea in northern Poland, opened yesterday with 100 exhibitors and 200 boats on land and on water. The show was met with glorious sunny weather coupled with a cool breeze – ideal for the show, which ...
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NewsNorway aims for zero fatality leisure boating
The Norwegian Minister of Trade and Industry Torbjørn Røe has initiated an action plan to reduce the number of serious accidents relating to the use of recreational craft.
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