Sector News – Page 358
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ZF Marine launches “industry first” two-speed transmission for outboards
The powerful 600hp Verado engine is the result of a four-year collaboration with Mercury Marine
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Halyard to distribute IMS products on an exclusive basis
Halyard (M&I) Ltd, the UK-based marine exhaust systems specialist, has signed an agreement with IMS (Industrial & Marine Silencers Ltd) to serve as its exclusive marine market distributor. UK-based IMS is a global leader in noise reduction and particulate filtering, manufacturing absorptive and reactive exhaust gas silencers, emission control technology, ...
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Yamaha to power White Shark
Yamaha Motor Europe has announced that from now until 2026, all White Shark boats distributed in Europe will be fitted exclusively with a single or twin rig of Yamaha outboard engines. Fabrice Lacoume, MD of Yamaha Motor Europe, explains: ‘‘We are very excited to begin this long-term agreement with White ...
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Genting HK boss buys group’s stake in Grand Banks Yachts
Move designed to boost liquidity at financially challenged Genting
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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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Suntex announces recapitalisation to further fuel growth
Capital injection allows US marina operator to build on its existing portfolio
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VW strategy leader joins Silent-Yachts Advisory Board
Michael Jost’s appointment follows hiring of former Tesla executive in January
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Navico strengthens Norwegian presence
Marine electronics specialist appoints new distributor for Norway
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Costa Rica eases way for foreign superyachts
New marina reform law removes hurdles for yacht owners
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Oceanco and Pininfarina unveil new hybrid superyacht concept
Batteries are the primary source of energy on Kairos
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NMDA announces new dates for S.T.E.P. 2021
The National Marine Distributors Association (NMDA) Board of Directors has announced the new dates for S.T.E.P. 2021. S.T.E.P. (Sales, Training, Education and Purchasing) was held for 28 consecutive years until the cancellation of the 2020 event. The event is now scheduled for an August 2nd opening with the annual meeting ...
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Shortage of semiconductors hits production at Volvo Group
Manufacturing delays of up to a month expected in Q2; Volvo Penta comments
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Aquavista Marinas reports £3.5m loss in first full fiscal year
UK company drew down £2m to cope with Covid but trading is resilient
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Southampton show organiser reveals new layout, changes to 2021 event
UK trade association British Marine, organiser of the Southampton International Boat Show, has confirmed that Britain’s biggest festival of boating will be returning to Mayflower Park this year (September 10-19) with a bold new layout and several other changes to enhance the visitor experience. Working in partnership with Southampton City ...
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Michigan Wheel expands presence in Italy
UK-based Michigan Marine Propulsion has chosen power specialist VTE Marine (VTE) to distribute their Michigan Wheel-branded outboard and sterndrive propeller ranges in Italy. VTE Marine is owned by VTE Srl, manufacturer of Paguro generators. “The time is right to expand our presence in Italy with the increased demand we are ...
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Israeli broker appointed representative of Germany’s YYachts
YYachts are built at the Greifswald yard owned my Michel Schmidt, the former CEO and founder of of HanseYachts Israeli company Ofek Yachts was recently appointed as the Israeli and Cyprian representative of Germany’s YYachts, the Israeli broker told IBI this week. YYachts are built at Michael ...
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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
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Arksen sells first 85 Explorer, two more to be built on spec
Project Ocean due for delivery in spring 2022