All articles by Subscriber-only – Page 17
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Ferretti Group reaches new profitability record, all-time high order backlog
Italian builder continues its growth path in the first nine months of 2024
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Florida Governor meets with Italian yacht-builders, announces new trade office
A delegation from the US state of Florida is in Italy this week to discuss future partnerships
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Howden expands Asian yacht insurance business with new acquisition
London-listed group buys Storfield Insurance Consultants in Hong Kong
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SY refit and repair capacity in Middle East to expand with new Qatar facility
Agreement signed last week for a US$22m shipyard in Doha
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HISWA-RECRON: 2025 budget boost for Dutch marine firms
Dutch trade lobby says government budget contains positive steps for the sector
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World readies for return of Trump economic policies
China, in particular, is waiting to see what the future holds when it comes to tariffs
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CompX sees sales, earnings decline in Q3
US equipment firm says it expects “challenging conditions to persist”
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Rolls Royce issues trading update, maintains 2024 guidance
MTU parent reports continued good performance year-to-date despite challenges
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Sanlorenzo reports steady increase in profitability for first nine months of 2024
Italian superyacht builder continues to grow revenues in challenging environment
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Lippert Q3 revenues drop 5%
Marine OEM sales down 12% while overall net profits jump 35% on stronger RV market
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NMMA looks forward to working with new US Administration, Congress
National Marine Manufacturers Association issues statement congratulating President Elect Trump
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TISG sues NY Times over Bayesian story, chairwoman resigns
The Italian Sea Group is pursuing legal action following the publication of an article that questioned the stability of the yacht
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KVH sees lower revenues but bottom line gains in dynamic Q3
US satcom firm continues to manage toward sustained profitability despite reduced revenues from soft end markets
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US Fed cuts interest rates by 0.25%
Second reduction in two months lowers prime borrowing rate to 4.5%
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LVMH to buy or invest in Ferretti Group?
Rumours suggest that Bernard Arnault is particularly interested in the Riva brand
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Safe Harbor Marinas’ parent company restructures
Sun Communities chairman and CEO to retire; McLaren returns as president
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Tough Q3 for Myers Industries
Goodwill impairment charges leave US plastics firm with US$10.9m quarterly loss
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Cummins reports flat Q3 results
US engine builder notes higher international sales overall and in its engines segment
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Twin Disc has positive Q1 led by marine, Katsa Oy acquisition
Strong start to fiscal 2025 for US-based marine transmission specialist
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Sunseeker deal value disclosed
Latest deal means that all three of Britain’s largest powerboat builders now in the hands of private equity investors