All articles by Subscriber-only – Page 165
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Oyster reports ‘full build-bays’ but delayed return to profitability
In financials results for its latest fiscal year ending March 2021, Oyster Yachts saw its 3-year turnaround plan delayed, while strong demand continues to boost revenues
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New UK electric boat company unveils first boats and jet drive plans
Start-up NEVA Group launches SP800; new day tender also to make debut
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Damen Yachting expands Limited Editions range
New Amels-branded superyacht to be delivered in 2025
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TISG confirms 2022 guidance, reports significant growth in 2021 net sales
The Italian Sea Group confirms guidance for 2022 on back of strong results
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Swedish marine retailer opens first Denmark store
Hjertmans Danish Marine Equipment is based in Kolding
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CED Marine buys US wholesale distributor
Consolidated Electronic Distributors acquires assets of fellow Florida firm
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Dutch firm develops new trolley for outboard engines
Vadac BV of the Netherlands is targeting the US market
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Electric outboard manufacturer raises US$15m in Series A funding
Up to US$1.9m in tax incentives received from state
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Belgian municipality initiates tender for €2.1m marina project
Project discussed at recent council session
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UK marine seating manufacturers merge
Merger allows for continued scaling up of capabilities and expanded product range
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Finnish boating industry ends 2021 at record pace
Finland’s boat industry reports a year of strong growth and comments on the impact on trade with Russia
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Fender Innovations acquires Poly Marine Service; Both anticipate good growth
Two companies to form part of Fender Innovations Group
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Brunswick adds chief sustainability officer
The boating industry’s largest player, US-based Brunswick Corporation, has added a top sustainability position to its leadership team while also announcing the release of its 2021 Sustainability Report
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Italy’s Ferretti Group valued at €890m
After a successful IPO in the context of very uncertain times, Italian luxury yacht builder Ferretti Group will start trading on the Hong Kong exchange Thursday
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Lippert acquires RV awning manufacturer
CEO Jason Lippert says the company’s designs will be extended into other sectors
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California reaches compromise on sportfishing boat emissions
More realistic set of emissions standards now in place
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Palm Beach: Smaller crowds, minus last year’s feeding frenzy
Exhibitors still reported strong activity, though not as frenetic as last year’s show
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