Sector News – Page 408
-
NewsBrunswick reports Q2 results revealing Covid impact on industry’s largest player
US boat and engine manufacturer sees strong retail demand, following a -15.2% decline in sales in the second quarter including a -32% drop in boat segment sales for the period; With current recovery pace, the company expects to meet its 2022 financial targets and sent stock soaring to highest-ever level
-
NewsCatalano Shipping expands superyacht support into Asia-Pacific with NZ purchase
Company also plans to open in Spain next year
-
NewsAustralian Superyacht Rendezvous 2020 postponed
The fourth edition of the Australian Superyacht Rendezvous (ASR2020), due to have been held at the Coral Sea Marina Resort in the Whitsunday Islands from October 15-18, has been postponed until a suitable post-Covid-19 timing. New dates will be announced in due course.
-
NewsGreenline launches 45 Coupe and flagship OceanClass 68
Slovenia’s Greenline Yachts has announced the launch of two new models, the Greenline 45 Coupe and OceanClass 68.
-
NewsTelwater Australia to increase production from 8,000 boats a year
Telwater, Australia’s largest aluminium boat manufacturer, is on a recruitment drive as demand for boating surges during the coronavirus pandemic. Telwater manufactures more than 8,000 boats and 5,500 trailers annually and has a network of around 180 dealers across Australia and Asia South-Pacific. The Gold Coast-based manufacturer of the Quintrex, ...
-
NewsDerecktor responds to state lawmaker’s concerns about delay to shipyard
Company president writes open letter addressing concern over delays to Fort Pierce development
-
NewsPolaris reports Q2 revenue declines
Polaris reported sales of US$132.2m for its boat business in the second quarter, marking a 28% year-over-year decline from the $182.4m reported for Q2 2019 Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in ...
-
NewsKM Yachtbuilders launches first motoryacht
A company first: KM Yachtbuilders’ Bestevaer 53 Motor Yacht Following over 20 years building aluminium sailing yachts, Dutch shipyard KM Yachtbuilders has now launched its first-ever motoryacht, the Bestevaer 53 MY. Using the same aluminium construction that the yard has pioneered for its sailing yachts, the elegant ...
-
NewsBWML rebrands to Aquavista
British Waterways Marinas Ltd (BWML), a leading residential and leisure mooring provider in the UK, has rebranded to Aquavista. The launch of Aquavista marks a significant shift in focus for the company, reflecting its mission to “deliver a great waterside experience, whether you live, visit or work at an Aquavista ...
-
NewsHeysea Yachts delivers two superyachts within two weeks
Largest power catamaran built in China and new Heysea flagship among them
-
NewsSAY Carbon to debut new flagship at Cannes
German shipyard SAY Carbon is getting ready to display its new flagship, the SAY 42 Runabout, at the 2020 Cannes Yachting Festival in September.
-
NewsPrincess Yachts sells nine X95s off-plan with an X80 to follow
UK yard now fully back at work and hiring again
-
NewsCRN announces sale of 52m custom yacht
Hull# 142 is the third successful collaboration with Omega Architects
-
NewsFrauscher marks production milestone
Austria’s Frauscher Boats is celebrating the delivery of Hull #100 of its 1017 GT gentleman’s racer and the launch of the new 1212 Ghost, which will debut at the upcoming Cannes Yachting Festival in September.
-
NewsBavaria Yachts Group CEO Michael Müller - The 10-minute read
Not watched the video yet? Read the transcript of IBI’s recent interview with Michael Müller, Bavaria’s CEO as he outlines the builder’s strategy for new launches, new work practises and ambitions for the German brand post Covid.
-
NewsFor Tideman, delivery of two workboats is a “tonic” in a bad year
The Dutch builder sees demand for HDPE rising from explorer yachts
-
NewsLife Proof Boats expands in Northeast USA
Massachusetts-based LC8 Marine is made an official Life Proof sales and service centre
-
NewsFiji receives applications for more than 100 yacht visits
The South Pacific Fiji Islands have received more than 100 applications for yachts and superyachts wanting to visit over the coming week following the implementation earlier this month of the Blue Lane initiative to introduce special rules to cope with the Covid-19 pandemic.
-
NewsRecord Q3 revenues for MarineMax
Clearwater, Florida-based boat and yacht retailer MarineMax reported record revenues for its third quarter of 2020, fuelled by a 37% year-over-year bump in same-store sales. For the quarter ended June 20, 2020, the company reported revenues of US$498.3m, marking a 30% year-over-year increase from the $383.4m in revenues earned during ...
-
NewsBainbridge International undergoes MBO
MD Andrew Smith acquires UK sailcloth and hardware manufacturer
LinkedIn
X / Twitter
Facebook
Email us
