All Sailboats articles – Page 7
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News
Beneteau responds to crisis
Beneteau has restarted production at three of its sites as half year earnings announced; CEO takes salary reduction, new strategic plan to follow in July to reflect deep transformation of its markets
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2019 US sailboat sales drop
The NMMA releases its first 2019 Statistical Abstract for the sailboat sector
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Hanse maintains production pace; sold out until June
HanseYachts’ CEO has provided an update on the company’s status for clients, suppliers and shareholders in the wake of the Coronavirus crisis: “We are producing and are able to deliver.”
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Hanse reports latest financials
Despite a drop in revenues and earnings for the company’s first half which the builder attributed to typical seasonality and one-time integration costs for Privilége Catamarans, German boatbuilder Hanse Yachts said a strong order backlog would provide the company with a profit for the year
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Beneteau confirms positive outlook for 2020
French boatbuilder Beneteau Group confirmed a positive financial outlook for the Boat Division’s 2019-2020 financial year, based on ‘robust’ trends in European and charter markets
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Hanse Yachts reports record turnover
Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008
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Beneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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Brazilian builder bullish on local sailboat market
With the Brazilian economy heating up, local boatbuilders are targeting innovation in an attempt to deliver world-leading yachts that are different from the rest. This is the case with MCP Yachts, whose latest project is the Global Exp 66 sailboat.
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Beneteau First Yacht 53 to launch at Cannes
After two years of development, the eagerly awaited First Yacht 53 from Beneteau will be shown for the first time at the autumn boat shows in Europe (Cannes, Genoa, Barcelona), and Annapolis in the US.
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Aerodynamic rigging delivers sailing performance gains
Future Fibres, a subsidiary of mast-maker Southern Spars since 2014, was receiving a lot of interest in its new range of carbon yacht rigging, where the profile has been changed from a cylinder to both an elipse and extended elipse shape. “We have a composite cable for just about ...
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Turning to crowdfunding, Dutch eye bare-bones America’s Cup budget
Dutch entry for the 36th America’s Cup in 2021 still to find a main sponsor
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Beneteau endorses NEOLINE's wind-powered transatlantic shipping project
Groupe Beneteau has confirmed its interest in the NEOLINE project for the transatlantic transportation of its boats to the US. NEOLINE is currently developing an energy-efficient transatlantic transport line with cargo sailing ships specialised in rolling and oversized freight. Scheduled to start up in 2021, this route will link Saint-Nazaire ...
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2019 European Yacht of the Year Award winners revealed
The winners of the 2019 European Yacht of the Year and European Powerboat of the Year awards were announced during the opening weekend of this year’s Düsseldorf boat show.
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Danish sail-maker reports “significant increase” in turnover and profitability
Danish sail-maker Elvstrøm Sails has reported a significant increase in both turnover and profitability during the 2017/18 financial year. According to a company statement, earnings before tax more than tripled to DKK 9.1m against last year’s DKK 2.8m.
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UK sailing school expands fleet
First Class Sailing in the UK has expanded its fleet with the purchase of two Beneteau Ocean 38.1 sailing yachts from Ancasta.
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Hamble School of Yachting acquired
Clipper Ventures, organiser of the Clipper Round the World Yacht Race, has acquired the Hamble School of Yachting, one of the Royal Yachting Association’s (RYA) leading UK sailing schools. The acquisition, for an undisclosed price, is part of Clipper’s strategy to grow its involvement with offshore sailing.
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Seawind and Corsair announce expansion plans
Cat builder planning for larger facilities and doubling of demand
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Rutgerson in Elvstrøm supply deal
Swedish sail hardware manufacturer Rutgerson has signed a three-year supply contract with Elvstrøm Sails, one of the world’s largest sail-makers.
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Clipper Ventures launches new China division in major expansion
Clipper Ventures, the British organiser of the Clipper Round the World Yacht Race, is undertaking its biggest expansion in 23 years with the establishment of a new China-based division. The aim of this new arm is to support the growing participation in sailing in China.
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Bavaria purchase confirmed
German-based investment fund will take over one of the industry’s most high-profile builders; continued dealer loyalty key to success