Sector News – Page 218
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NewsWelsh marina group addresses cashflow issues
Marine & Property Group fell behind on staff wages after a planned investment in November was delayed
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NewsSA cat builder expands on back of strong order book
Kinetic Catamarans is upgrading and expanding its Knysna facility
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NewsCroatian marina operator to invest €50m in new facility
The project represents Croatia’s biggest-ever investment into marine tourism
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Newsboot Düsseldorf makes successful post-Covid comeback
Over 1,500 exhibitors and 237,000 visitors from over 100 countries in attendance
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NewsPrivate dredging main obstacle to Taiwan’s move to add 500 yacht berths by 2025
Taiwan is pushing hard to expand its recreational boating sector
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NewsJL Audio appoints UK distributor
Aquamare Marine to help boost availability of the company’s marine products in Britain
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NewsLizard Yacht Service opens US office
UK firm to target superyacht sector with new Ft Lauderdale presence
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NewsSY mentoring programme hailed after famous yacht arrives in Cape Town
Marine Inspirations has to date hosted over 30 disadvantaged South Africans who benefit from a wide-ranging skills programme
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NewsMajor upgrade planned for Corsican marina
€100m-plus investment will more than double the number of berths
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NewsMarine segment is strong performer in Dometic’s Q4
In the context of a challenging macroeconomic environment and high channel inventories, Sweden’s Dometic Group reported record sales for the 2022 financial year, achieving growth of 38% to SEK 29.8 billion, through the end of December. Adjusted operating profit (earnings before interest, tax and amortisation) rose to SEK 3.9bn, ...
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NewsAW Niemeyer bankruptcy filing update; hunt for new investors
Immediate plans announced for the firm as administrator weighs up options
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NewsEconomic uncertainty forces layoffs at Tigé Boats
US builder says layoffs were necessary for the “long-term financial health” of the company
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NewsLast chance to register for ABYC SUR/TECH virtual conference
Two-day online training event to support continuing education and training needs for marine surveyors and technicians
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NewsUS builder unveils largest model to date, plans to double workforce
Full announcement will take place at the Miami Boat Show in February
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NewsVolvo chalks up record sales and electrification gains
Even with all-time high revenues and profits, the Volvo Group still fell slightly short of analysts expectations for the fourth quarter while CEO Lundstedt warned of ongoing supply chain issues
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NewsLippert makes surprise release of preliminary Q4 results
RV and marine component manufacturer Lippert provided an early indication that fourth quarter sales and profits will come in lower than expected; extra Q4 costs appear to include severance payments for staff reductions
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