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Deadline day for Perini Navi bid; new potential bidder?
Azimut-Benetti group reported to be interested
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Patrick Industries reports 141% sales jump in Q2
CEO Andy Nemeth expects continued growth in second half of 2021 and through 2022
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OneWater Marine fiscal Q3: revenue down; margins and earnings grow
US dealership raises its fiscal full-year 2021 outlook
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SFC Energy to supply Nordic Yachting EFOY fuel cells
EFOY ensures reliable, quiet and environmentally friendly onboard power
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Greek marinas study highlights €2.8bn potential over next 10 years
Revenue boost comes from 5,164 new berths by 2031
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Beneteau Group makes major acquisitions in charter & boat club sectors; revises 2021 forecast
Investments total €40m; full-year revenue growth expected to be over 7%, up 5% on previous forecasts
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Garmin reports record revenues, profits in 2021 Q2 results
Garmin reported record revenues and profits among its 2021 second quarter financial results, which were released Wednesday. The Kansas, US-based electronics manufacturer reported… To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content.
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Sunseeker outlines platform for growth; confirms strong sales trajectory for 2022 and beyond
UK builder says next two years should take sales in units and value, to new heights
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Bahamas moves to be “flag state” for superyachts
Adopting the Bahamian flag would encourage home-base porting
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Marine Products Corp Q2 sales up 65%
255% YOY jump in operating profit, 239% increase in net income highlight positive second quarter for US boatbuilder
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Second acquisition in a week for OneWater Marine
Definitive agreement to acquire PartsVu marks a notable expansion into the parts and accessories sector for US boat dealer
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Sunseeker’s sales fall by 54% and reports substantial loss
Boatbuilder sees production and sales levels pick up in Q4
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Record Q2 for Polaris
Boat sales surge by 40% while recording 155% YOY gain in gross profit to help drive strongest second quarter in company history
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Hubbell Q2 net sales up 26%
Shore power equipment manufacturer reports gains in sales, gross profit, operating income, net income in solid second quarter results
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Cape Town boat exports impacted by Transnet cyber-attack drama
Conjestion at South African Ports causes long delays
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Oasis Marinas secures new investment from Access Holdings
Funding will help expand the company’s marina activities
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Marine lenders’ report shows no new funding technology, decline in loan defaults
The NMLA report uncovers a number of surprising findings
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Superyacht insurance firms end merger discussions
Conflict with US Justice Department brings talks to an end
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World Cat rolls out first boats from new Greenville plant
Facility acquired in August 2020 ready to ship product in just 11 months
