Sector News – Page 367
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US outboard engine sales show sharp increase and hit 20-year high
NMMA releases 2020 Recreational Boating Statistical Extract
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Bavaria at maximum current capacity
CEO of German yard comments on propsects for the year ahead
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New $16bn resort project to boost yacht facilities in Cambodia
Ream City masterplan includes new marina and yacht club
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Record sales drive “historic” Q4, 2020 FY for Lippert
US components manufacturer reports $2.8bn in net sales, $158.4m in net income for 2020 fiscal year
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Malibu Boats reports strong FQ2 results, building at historic levels
Several new models are selling ahead of initial expectations
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Nanny Cay Marina in the BVI launches ingenious Covid-beating scheme
New service is designed to attract yacht owners to the islands
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MYBA Charter Show 2021 cancelled due to Covid-19 travel restrictions
It was announced today that for the second year in a row the MYBA Charter Show has been cancelled. It was due to be held at Marina Port Vell in Barcelona on April 26-29, 2021.
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Boating companies among Forbes Top 10 employers
The industry’s largest boatbuilder also been named by Forbes to the 2021 list of America’s Best Large Employers. From the thousands of companies that were considered for this honor, only 500 made the final list. Brunswick Corporation is ranked Number 10 overall and Number 1 ...
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Sunseeker announces new distribution structure in Asia
Strategic changes brings UK boatbuilder closer to the Asian market
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Sanlorenzo launches fifth 52Steel superyacht
Sanlorenzo Superyacht has launched the fifth unit of its 52Steel, a 52m steel vessel of which a further three units are currently under construction at its La Spezia yard.
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New CEO at OXE Marine
The board of directors of OXE Marine AB, the Swedish diesel outboard engine maker, has reorganised the company’s management team with the appointment of Magnus Grönborg as CEO.
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Dates confirmed for ICOMIA World Marinas Conference 2021
ICOMIA has confirmed that the 2021 edition of the ICOMIA World Marinas Conference (IWMC) will be held in Dubai from October 12-14, 2021. The IWMC 2021 will be hosted by P&O Marinas and it will be held at the Mina Rashid Marina Events Hall.
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Grand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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Pandemic PWC sales explosion good for top players, but can momentum continue?
BRP and Polaris have battled head-to-head in the market for nearly 50 years
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CMC Marine appoints Spanish representative
CMC Marine, the Italian manufacturer of stabilizers, has recently signed an agreement with Spanish Group Pasch, which has four sites in Spain and Portugal, in its latest step in the broad-based internationalisation strategy that is an increasingly fundamental aspect of the business approach being adopted by CEO Alessandro Cappiello.
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Prague latest European boat show to cancel
The Prague boat show, which was to have been held from March 19-20, has been cancelled because of concerns about the restrictions being imposed by the Czech government on the holding of exhibitions during the current pandemic. The show organisers ABF Trade Fairs are hoping to rearrange the exhibition for ...
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McConaghy sells first MC63p flagship power cat
The first unit has been sold to Grant Dalton, manager of New Zealand America’s Cup team
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Suzuki sees sales growth in US and Asia
High power outboard sales in North America help drive growth
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Oyster’s new sub-50ft yacht - first images
The UK’s Oyster Yachts has released the first pictures of its much-anticipated 50ft yacht, the Oyster 495.
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UK Sailing Academy receives largest donation to date
Work will start this month on the construction of a new 136-bed accommodation centre for the UKSA (UK Sailing Academy), the 30-year old UK non-profit maritime charity. The new facility at the UKSA’s Cowes campus will allow an extra 3,000 children and young people to be taught in time through ...