Sector News – Page 28
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Nimbus: 2024, the year in focus
A year of restructuring and a rights issue in response to a weaker market
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Patrick Q4 revenues up 8%, full-year revenues up 7%
Higher housing segment sales offset continuing softness in marine sector
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MasterCraft Q2 sales ‘above expectations’
US boatbuilder buoyed by early 2025 boat show results driven by new product launches, despite lower YoY numbers
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Virtue, Garmin sign exclusive supply deal
Garmin marine electronics will be standard on all Virtue Yachts
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KM Yachtbuilders issues another go-anywhere cold water Bestevaer
The 12.8m Wetterhoun is ecofriendly and exceptionally strong and robust
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First dry-berth marina planned for Lesser Antilles
The facility in Petit-Bourg will accommodate up to 60 craft
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Polish electric yacht brand to build new shipyard
Mazurine Yachts secures permission to produce the Joysailor brand in the Warmia-Masuria special economic zone
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Executive appointments at MJM Yachts
US yacht builder names Industry Veterans Matt Saloom and Brent Brewster as COO, CFO respectively
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CA Clase UK announces name change
The marine electronics distributor rebrands as Clase Connected Ltd
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Twin Disc up 23% in FQ2
Veth products continued to expand to record levels in response to strong demand and new orders within the North American market
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Metstrade organiser reports strong early bookings for 2025
Demand for stand space has already exceeded previous editions
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Boston Boatworks files for bankruptcy
US boatbuilder seeks Chapter 11 creditor protection in effort to reorganise business operations
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Record year for Xylem
Rule, Jabsco and Flojet parent posts record full year revenues on strong Q4 for positive momentum carrying into 2025
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ICOMIA names new sustaining member
M3 Monaco has joined the International Council of Marine Industry Associations
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Seldén Mast makes three key appointments amid expansion
The new additions have a wealth of knowledge and experience
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New partnership allows Ribcraft to build in Australia
The UK RIB brand is to commence production in Geelong, Victoria
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Egypt International Boat Show to focus on maritime tourism
The seventh edition of EIBS opens in Cairo on Thursday
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With bated breath, Europe waits for US tariffs to land
The EU has cautioned President Trump that it will “respond firmly” if the American sanctions are “targeted unfairly or arbitrarily”
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Brunswick’s take on tariffs and US business prospects
Company allows $30m-$40m in incremental tariff costs if levied