Sector News – Page 421
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NewsSanlorenzo unveils new SX112 flagship
Italian boatbuilder Sanlorenzo has expanded its SX line with a new 34m flagship, the SX112.
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NewsCape Town launches Blue Cape superyacht initiative
The City of Cape Town has partnered with South African ocean sports stakeholders to launch a new Strategic Business Partnership aimed at promoting marine manufacturing.
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NewsNew brand of eco-yachts launches in Germany
A new German company is to launch a range of electric solar catamarans, sailing yachts and luxury floating homes for the global market.
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NewsFerretti expands US footprint
Italy’s Ferretti Group has announced a US$15m investment to purchase a service shipyard in Ft Lauderdale, Florida to increase the strategic presence of Ferretti Group America.
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NewsSuzuki’s marine sales grow; general manager comments on results
Suzuki’s latest annual results, released yesterday, show that its marine business was the only division of the company to record sales growth despite a sharp downturn in March 2020. By far the largest proportion of the business designated as the marine division is derived from the sales of outboard engines ...
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NewsBoero YachtCoatings signs deal with Salomé Yachts
Boero YachtCoatings, the Yachting Division of Italian paint and coatings specialist Gruppo Boero, has signed an exclusive partnership agreement with Berlin-based Salomé Yachts & Design GmbH to jointly develop a unique range of coatings for Salomé’s Atlantic Series of luxury tenders.
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NewsOXE Marine publishes first quarter results
Swedish outboard engine maker OXE Marine discussed the impact of Covid-19 on the company’s results for the first quarter of 2020, ending March 31
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NewsDutch builder expands yard in response to “growing demand”
Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.
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NewsRiva launches first new model of 2020
Italy’s Ferretti Group launched the Riva 88’ Folgore at its shipyard in La Spezia on Monday, marking the company’s first model launch of 2020. The La Spezia facility is dedicated to the construction of Riva yachts from 76ft-110ft in length.
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NewsCXO300 diesel outboard enters production
Cox Powertrain has announced the start of production of its 300hp diesel outboard engine, the CXO300, at its UK headquarters and advanced assembly and test facilities in Shoreham, West Sussex.
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NewsOXE Marine selects US manufacturing partner
Sweden’s OXE Marine AB has chosen Outdoor Network Manufacturing (ONM) in the US to serve as its manufacturing partner in the US.
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NewsInvincible Boats lives up to its name
Despite losing about six weeks of production to the COVID-19 pandemic, Invincible Boats is on track to reach its calendar year 2020 production goals, though its fiscal fourth quarter – which ends in July – will likely offset gains made in the first half of the fiscal year. Exempt from ...
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NewsInterview with Sunseeker’s Andrea Frabetti (trailer)
IBI’s Ed Slack interviews Sunseeker CEO about post-Covid buyer demand, new production strategy, forward forecasts, and plans for Cannes
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NewsRobertson & Caine looks to make up lost production as SA economy reopens
South Africa’s biggest yard is to ramp up production under new health and safety regulations
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NewsMonaco Yacht Show to proceed as non-profit event
Following concerns voiced by key players in the superyacht industry, the Principality of Monaco and Informa are working together to deliver an intimate, not-for-profit event in September 2020
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NewsSanlorenzo returns to full production, launches first 44Alloy
Italy’s Sanlorenzo has launched its first 44Alloy, an all-aluminium fast displacement superyacht that will make its official debut later this year.
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NewsPolish cat builder to double revenues in 2020
Sunreef CEO and founder Francis Lapp As Polish boatbuilders continue their production activities despite the coronavirus lockdown, luxury catamaran builder Sunreef Yachts says it expects to double its revenues this year to around €130m (US$141m), and has a full book order until the end of 2021. Francis ...
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NewsPalma Club de Mar to undergo €60m transformation
Work began this week on a €60m upgrade to Club de Mar Marina in Palma de Mallorca, one of the major marinas in this leading Mediterranean yachting destination. The project is currently the largest on a public space within the marine recreational sector in Spain using private capital.
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NewsNew Balance 442 voyaging catamaran ready for tooling
Balance Catamarans has finalised the design of its latest model, the Balance 442, which is now ready for tooling, the company confirmed this week. The 442 is a scaled-down version of the Balance 482 and will be produced in Cape Town by veteran builder Mark Delaney, owner of Balance Catamarans ...
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NewsCroatia’s open borders to kickstart yacht charter market?
The opening of Croatia’s borders to allow EU citizens to visit without any quarantine restrictions is expected to trigger the restart of the yacht charter market, which has already started to pick up since the weekend. In particular, boat owners and visitors from Germany, Australia and Slovenia are anticipated to ...
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