Sector News – Page 420
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Updated: What does the future hold for boat shows?
IBI Opinion Piece | Since this piece was originally published three more boat shows planning to go ahead this summer have now been cancelled and organisers of the Monaco Yacht Show made the surprise announcement that its show will proceed as a non-profit event.
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Actisense reports higher than expected sales
UK-based marine electronics specialist Actisense has reported a 6% increase in Q1 2020 sales compared to the same time last year, bucking industry trends.
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Azura Marine launches new solar-powered cat
The first of a new series of solar-powered catamarans by the Singapore-based Azura Marine was launched earlier this month in Bali, Indonesia. The appropriately named ’Solar Eclipse’ is the first hull of in Azura’s Aquanima 40 series, which currently includes the Aquanima 40 and Aquanima 45.
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Horizon CC98 in build for repeat Australian owner
Taiwanese boatbuilder Horizon Yachts is building its fourth Horizon yacht for a repeat client. The Horizon Custom Collection (CC) 98 is for an Australian owner whose three other yachts were a Horizon CC80, an E84 and
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Nimbus completes acquisition of Swedish boatbuilder
Sweden’s Nimbus Boats has completed the acquisition of aluminium boat producer Alukin Boats Sweden AB. Alukin, located north of Stockholm, is now a full member of the Nimbus family.
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Hanse logs record order book
Lower turnover, but order book increases 28% for the first nine months 2019/2020
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Propspeed’s Lightspeed endorsed by Lumishore
New Zealand-based underwater coatings specialist Propspeed today announced that its transparent foul-release system, Lightspeed, has been tested by Lumishore to confirm that it protects underwater lights and does not degrade light quality or interfere with the colour of underwater lighting.
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Boost in UK boating activity as lockdown lifts
The UK’s Trafalgar Drystack says it has achieved a record number of boat launches since lockdown measures in England were eased on May 13, as private boaters flocked back to the water.
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Saim Marine appointed Sea Recovery sales agent in Arabian Gulf
The Italian equipment distributor will represent Parker Water Purification products
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Echo Yachts wins order for 56m catamaran yacht support craft
Western Australia-based Echo Yachts has won its first superyacht contract since delivery of two vessels for the same Singaporean owner, which included the 84m (276ft) trimaran White Rabbit.
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Yamaha first quarter results 2020
Yamaha Motor Co Ltd has reported consolidated net sales of ¥395.9bn for the first quarter of the fiscal year ended December 31, 2020, a decrease of ¥33.5bn or 7.8% compared with the same period during the previous fiscal year. Operating income was ¥25.4bn, a decrease of ¥10.5bn or 29.2%.
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BRP closes Alumacraft Arkansas plant, consolidates in Minnesota
BRP will shutter its Alumacraft Boat operation in the state of Arkansas, eliminating 90 jobs and consolidating manufacturing at its existing facility in St Peter, Minnesota, according to a company news release and local reports. This on the heels of Wednesday’s announcement that the Canadian outdoor recreational products company is ...
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SailTimer appoints official distributor for EMEA
Marine Components International (MCI) in the UK has been made the official EMEA distributor of a new range of anemometers by Canadian manufacturer SailTimer Inc.
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Silent-Yachts reports four new sales during crisis peak
Austria’s Silent-Yachts has reported four new sales in recent weeks. The company now has eight solar-electric catamarans under construction at its yard – one Silent 55, four Silent 60s and three Silent 80s, the 24m flagship model of the entire range.
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Sunseeker staff to return to work
The UK’s Sunseeker International is implementing a phased return to work for all its employees starting as early as next week.
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German interiors specialist buys Austrian facility
German yacht interiors specialist metrica has completed the acquisition of a new facility in Greifenburg, Austria.
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Fairline warns of job losses
Workers at Oundle, UK-based boat manufacturer Fairline Yachts are facing an uncertain future after the company warned of the need to axe jobs, reports The Peterborough Telegraph.
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2020 HISWA-in-Water boat show cancelled
The 2020 HISWA-in-Water boat show has been cancelled because of COVID-19, delivering yet another blow to the Dutch boating sector already reeling from a pandemic that has caused it an estimated €1.1bn in damage to date.
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CVC Capital Partners completes acquisition of D-Marin
Dubai Harbour Marina is included in the CVC deal Confirmation of the acquisition of the D-Marin group facilities in Greece, Croatia and the UAE by the Luxembourg-headquartered private equity group CVC Capital Partners has been belatedly received following an announcement by British Marine, the UK’s marine leisure ...