Sector News – Page 425
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NewsSchenker Watermakers prepares for restart
The Italian watermaker specialist is implementing new safety measures in preparation for its May 4 reopening
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NewsDometic puts Q1 Covid loss at $40 million
Swedish equipment manufacturer Dometic Group reported Q1 results, noting a severe impact on its business beginning in mid-March and projecting that April would be much worse
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NewsYacht transport continues despite uncertainty over Med season outlook
While the future of the Mediterranean season for yacht and superyacht cruising and charter is unknown at this point in time, arrangements to transport yachts into key Med locations continues apace. Taking the yachting centre of Palma in Mallorca as an example, a number of yacht transport ships have been ...
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NewsSA boatbuilding prepares for possible reopening with Risk Adjustment guidelines
The South African boatbuilding sector has released industry hygiene guidelines to limit the spread of coronavirus ahead of a possible partial reopening of the marine manufacturing sector.
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NewsKiwi builders return to work as NZ lockdown measures ease
As New Zealand prepares for an easing of lockdown measures at 11:59pm tonight, Kiwi boatbuilders are looking forward to returning to work on Tuesday under Level 3 restrictions. When Level 4 lockdown came in over five weeks ago, Kiwi boat manufacturers, along with the rest of the country, had to ...
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NewsTesting times accelerate new trends towards sustainable business
The world around us has changed dramatically since the start of 2020. Most of us have been impacted personally, professionally or both. Health and safety have become a critical focus. When we think about sustainability in these changing times, we believe that it includes not just environmental aspects, but also ...
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NewsVolvo struggles to define ‘new normal’
The Volvo Group – parent company of Volvo Penta – released financial results for the first quarter of 2020, revealing the severe impact of Covid-19 on the company’s global operations and continued uncertainty about what demand will look like once the crisis subsides. Marine division revenues weakened somewhat towards the ...
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NewsCalifornia yacht brokers merge
West Coast Yachts and Dream Catcher Yacht Sales have merged and will do business going forward under the West Coast banner.
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NewsFrench boatbuilder outlines growth strategy
Alubat looks to reinforce position in the aluminium, bluewater, cruising yacht market
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NewsSwedish builder maintains production at full capacity
Similar to many other manufacturing businesses in Sweden, boatbuilder Hallberg-Rassy continues production activities despite the coronavirus outbreak. However, the restrictions on foreign travel are making it difficult for some of its customers to pick up their yachts, according to senior company representatives. Magnus Rassy, the chief executive of Hallberg-Rassy, told ...
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NewsTwo Oceans Marine Manufacturing expands range with new power catamaran
The 14m Magnum 46 Power Catamaran Walkaround is the largest in the Magnum range South African catamaran builder Two Oceans Marine Manufacturing has added a new model to its Magnum Power Catamaran range. The 14m Magnum 46 Power Catamaran Walkaround is the largest in the Magnum range ...
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NewsSmoker Craft to resume boat production on April 27
Fibreglass, pontoon and aluminium boat builder Smoker Craft Inc has announced plans to return to full production at its Indiana, US manufacturing plant following a five-week shutdown in response to the Covid-19 pandemic.
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NewsGEM Products awaiting expansion approval
Despite an unknown “virus hangover”, GEM Products is moving forward with expansion plans, currently awaiting local government approval.
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NewsDutch yard reports strong first-quarter sales
Zeelander Yachts says business was up 30% in the first three months of the year
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NewsSanlorenzo reopens, aiming for limited financial impact
Sanlorenzo’s Executive Chairman Massimo Perotti reported to shareholders today that all of the yacht builder’s facilities were operational as of 20 April and the company is aiming for a limited impact on results for 2020
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NewsFerretti signs protocol to stop spread of Covid-19 in the workplace
Italy’s Ferretti Group has announced that it is one of the first companies in Italy to sign a protocol with national, territorial and local trade unions to combat the spread of the new coronavirus, Covid-19, in the workplace.
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NewsUS marina claims $3m in damages from shipping line
The Port of Kalama in the US state of Washington has tripled its damage estimate to US$3m, and has filed suit against SM Line Corp (SM), owner of the container ship alleged to have damaged facilities and privately owned boats when it passed the marina at excessive speed early in ...
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NewsAmerica’s Boating Club launches weekly online magazine show
The volunteer-run America’s Boating Club, also known as United States Power Squadrons, has launched a new weekly online magazine show as part of its boating video and boater education digital media channel. America’s Boating Channel LIVE was created by volunteers to help recreational boaters cope while sheltering during the Covid-19 ...
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NewsMB92 announces gradual return to work
MB92 Group has announced that it has restarted activities at its refit and repair facilities in Barcelona and La Ciotat.
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