All Power and Motorboats articles – Page 10
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USA
Smoker Craft | US Boatbuilder
The 9% year-over-year growth of the US freshwater fishing boat market in 2020 has to feel particularly rewarding for Indiana-based boatbuilder Smoker Craft Inc, which builds a range of aluminium fishing boats under its Smoker Craft, Starcraft and Starweld banners. An all-new line of tiller-controlled models sold under its Starcraft ...
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USA
Tiara Yachts | US Boatbuilder
The Florida market has been “huge” for Tiara Yachts’ new 48LS, according to sales and marketing vice president, Dave O’Connell – so much so that the company introduced the new boat at a private Ocean Reef Club showing in the Florida Keys following the cancellation of the Miami International Boat ...
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News
Hanse hits order book milestone
German boat group, HanseYachts, reports preliminary year-end financials yielding record results
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News
Chris Craft expanding capacity on the back of continued growth
US boat brand Chris Craft enjoyed a strong growth trajectory in Q3 together with its parent company Winnebago Industries
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Italy
Ferretti Group | Alberto Galassi
Record demand and the new normal; the Ferretti Group CEO talks to IBI about record sales, acquisition targets, selling boats on Instagram, and why Forrest Gump holds the key
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News
Grand Banks shutdown extended
In compliance with government restrictions to contain Covid, motoryacht builder Grand Banks Yachts announced its Malaysian yard will be closed longer than expected
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News
Grand Banks faces another shutdown
Malaysia imposes new Covid-lockdown on non-essential activities
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Beneteau order book up 21%
France’s Beneteau Group rebounds from cyber attack, acquires a stake in Portuguese boatbuilder to meet extra demand
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News
Nimbus to acquire Swedish dealer business
One of Sweden’s leading boatbuilders, the Nimbus Group, is expanding its network of company-owned boat dealers
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News
Yamaha outboard sales contribute to strong quarter
Yamaha Motor Corporation reported first quarter sales, including commentary on wholesale and inventory units and specific details on company performance in the Marine segment where it produces outboard engines, boats and personal watercraft for a global customer base.
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News
Nimbus boat group posts strong Q1
Sweden’s newest publicly-traded marine company, Nimbus boat group reported strong results for the builder’s first 2021 financial quarter, supported by a rebound in the European market
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News
Grand Banks business update; new shutdown
Malyasia-based yacht builder Grand Banks reported an increase in revenues and significant uplift in profitability for its third quarter ending 31 March; production suspended this week due to new Covid outbreak
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Middle East
Gulf Craft | Mohammed Hussein Alshaali
Chairman of the Middle East’s largest boatbuilder, Gulf Craft, Mohammed Hussein Alshaali outlines his plans for the future UAE-based builder, including development of its Gulf Craft small boat brands, the launch of the world’s largest all composite superyacht, and how the market has evolved since Covid. He talks to IBI’s ...
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News
Polaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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News
Boat sales up 19% in Catana’s first half
The Catana Group, French builder of the Catana and Bali catamaran ranges, confirmed its growth target for fiscal 2021 with a strong order book
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News
Ferretti reports record-breaking quarter
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News
Former Princess CEO launches yacht refit service
Chris Gates, former CEO of Princess Yachts, announced the launch of a new British specialist company, Setag, to provide design and refit services targeted to pre-owned Princess, Sunseeker and Fairline yachts
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News
HanseYachts creates new executive position
German boatbuilding group HanseYachts AG has named an industry outsider, Hanjo Runde, to the newly created position of Chairman of the Management Board, taking effect 1 December 2021. Majority shareholder Aurelius Group said the appointment underlines its long-standing commitment to Hanse.
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News
Chris-Craft sees continued retail growth
US outdoor product manufacturer and parent company to Chris-Craft boats, Winnebago Industries, reported record Q2 revenues and profitability amidst continued growth prospects for the outdoor recreation sector
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News
Fairline Yachts puts finances in place to cope with challenging times
British motorboat builder secures £26m-plus in finance facilities to address Brexit and pandemic uncertainties; the company suffered significant loses in fiscal 2019