All articles by Subscriber-only – Page 177
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News
Exodus of Russian-owned superyachts as sanctions bite?
As sanctions escalate, the ripple effect for the superyacht sector could be severe
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Polaris hints at further acquisitions in marine segment
2022 Analyst and Investor Day presentation notes marine segment positioned as strategic platform for future M&A activity
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Ukrainian arrested for attempting to sink Russian superyacht in Spain
Lady Anastasia is owned by Alexander Mijeev, CEO of a military weapons manufacturer
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Feature
Are soybeans the seats of the future?
While plant-based resins aren’t new, rising oil prices and a global rethink of supply chains have sparked renewed interest in the use of bio-resins for seat cushions and more. Using soy-based seats since 2008, Ford has significantly reduced its CO2 emissions.
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Feature
Reimagining EV battery technology
Electric propulsion systems are clearly the future of boating. But are concerns about batteries – including exactly what happens to them at the end of their service life – simply the tipping point in driving toward a new era of circular supply chains?
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Yamaha developing hydrogen-powered motor
Engine manufacturer in collaborative effort to bring next generation of engine to reality
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Stock watch: Zacks suggest four leisure stocks, three in boating
Investors should be eyeing the marine sector
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Cummins invests in next-gen propulsion systems
Decarbonisation seen as a significant growth opportunity for US engine builder
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Battery production - the choke point for electric boating?
Market for both electric and hybrid boats to reach US$20b in the next five years
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Beneteau finished 2021 with boat revenues up 10.7%
France’s Beneteau Group posted a strong end to the year with particularly robust boat sales in the fourth quarter
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ePropulsion CEO on development of electric boating and 2021 unit sales
Electric engine builder predicts strong growth for 2022
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New business Ocean Shipyard takes on former Discovery facility
Strategy to build new yachts plus offering range of related services
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The Italian Sea Group sees huge rise in revenues and profitability
With its IPO and the purchase of the Perini Navi assets for €80m, 2021 will be a significant and historic year for The Italian Sea Group (TISG). In terms of it 2021 financial performance it saw total revenues increase 60.3% year-on-year to €186m and its EBITDA jump 100%. Its current ...
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Miami show provides “outstanding” start for Brunswick
Boatbuilder and engine manufacturer says Miami show spotlighted advances made in its Next Wave and ACES strategies
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Boating boost for Dubai as sailing development given top priority
Dubai International Marine Club and P&O Marinas sign agreement to turn Dubai into a sailing and watersport centre of excellence
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Nimbus sees faster growth through company-owned dealers
Sweden’s largest boatbuilder saw robust gains in both revenues and profitability in 2021, underpinned by an ongoing strategy of vertical integration into the retail segment, along with expanded distribution in promising growth markets
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New UK show makes strong positive impression with first edition
BoatLife Live attracted some 10,000 visitors with several exhibitors reporting sales
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Ferretti Group Hong Kong IPO plans move forward
Italian builder hopes to raise $470m to develop new models and acquire suppliers