Sector News – Page 366
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Appointments at Kadey-Krogan
Rhode Island, US-based yacht builder Kadey-Krogen has announced two new personnel appointments with immediate effect.
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Inmarsat releases cyber risk management compliance report
Inmarsat, the mobile satellite communications firm, has released a new, free-of-charge report covering new IMO obligations and their implications for yachting professionals. The obligations enter into force next year and the report aims to support compliance as owners, managers and captains work to protect superyacht cyber security.
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Hiswa in Water 2021 to start the 2022 sales year
The floating show to be held in Lelystad in the Netherlands from 1-5 September 2021 looks set to be one of the first European boat shows to launch the 2022 sales season. The show, which was originally held in IJmuiden but later moved into the centre of Amsterdam, was relocated ...
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Armada Engineering expands operations at MB92 Barcelona
UK-based marine hydraulics specialist Armada Engineering has expanded its operations at Spanish refit yard MB92 Barcelona as part of its commitment to deliver services to the growing superyachts sector. MB92 Barcelona is one of the largest superyacht refit shipyards in the world, with a 220m dry dock and 4,800-tonne shiplift ...
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Mexico to host first Cancun International Boat Show in December
Mexico has postponed the first annual Cancun International Boat Show and Marine Expo from July to December 3-5, 2021.
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US$10m marina resort proposed for Exuma
The marina would be located just 30 minutes from Exuma International Airport
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Propspeed announces “substantial” global expansion
Propspeed, the underwater foul-release coatings specialist from New Zealand, has announced a massive investment in global expansion. Building on the brand’s recent establishment of a US presence with Propspeed USA, the company is in the midst of developing its European distribution network and has recently appointed several new hires in ...
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Xantrex adds NMEA 2000 compatibility
British Columbia, Canada-based electrical equipment manufacturer Xantrex has introduced a new line of inverter/chargers with NMEA 2000 compatibility for easier integration into onboard systems in a bid to capture a greater share of the marine power management segment.
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Lowrance SA wins international marketing award
South African marine electronics wholesaler Lowrance SA has won an international marketing award from global marine electronics giant Navico for the second year running.
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Mercury launches “game-changing” 600hp Verado
Industry-first V12, 7.6lt engine is the world’s largest outboard in production and includes a host of new innovations
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Azimut Yachts to double production at Brazilian factory
Italian builder reports strong demand in the region
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Lippert opens new seating and boat equipment plant
On the heels of reporting its best-ever fourth-quarter and full-year financial results, Indiana, US-based equipment manufacturer Lippert Components Inc (LCI) has opened a new boat equipment factory to support its newly-announced component supply arrangement with boatbuilder Tracker Marine Group.
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Sea Sure installs new machining centre as part of ongoing investment
As part of a £250k investment in new machinery and testing facilities, Sea Sure – a UK producer of hardware for sail/power boats and the aerospace industry – has taken delivery of a HURCO 5-axis machining centre.
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Navico appoints chief sustainability officer
Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands, announced the hiring of its first-ever chief sustainability officer this week as the company has made sustainability one of its core strategic pillars globally across its brands, products, operations and production.
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Good take-up of Nimbus stock as trading begins
Sweden’s biggest boatbuilder begins trading on Nasdaq First North
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Aquila signs new distribution agreement
Florida, US-based Aquila Power Catamarans has completed a new distribution agreement that will see Sydney, Australia-based Whitehaven Group represent its product line in Australia and New Zealand.
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Oyster Yachts opens UK apprenticeship academy to ensure future skilled worker supply
In a move to help ensure enough new skilled employees in the future, the UK’s Oyster Yachts has formally launched its Oyster Apprenticeship Academy, building on the company’s existing long-established apprenticeship schemes. This new initiative coincides with the UK’s National Apprenticeship Week.
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Supra Boats unveils new models designed by race legends
Three-times NASCAR champ and team co-owner Tony Stewart won’t be in Daytona Beach, Florida later this month when Stewart-Haas Racing takes on the road course at the legendary speedway. Instead, he’ll be at a boat dealership in his native Indiana, unveiling two new models from Supra Boats that the legend ...
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Record Q2 for MasterCraft
Net sales up 19% YOY, gross profit up 38.5% on strength of continuing high demand