All articles by Subscriber-only – Page 178
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Caterpillar Q4 revenues up 23%
Full-year net profit jumps 116% on continued high demand in all segments for US engine builder
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Boatbuilding incentives included in new SA Oceans Economy Master Plan
Document includes a list of promising initiatives aimed at bolstering job creation
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Brunswick aiming for $10bn in revenues; profits up 59%
Closing out 2021 with another record year of growth, US-based Brunswick Corporation projects up to $7bn in total sales for 2022 and $10bn by 2025, with gains coming across all segments of the business in both domestic and international markets; continued M&A activity on the horizon
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Dromeas Yachts signs Azimut dealer in China
New Guangdong distributor for Turkish yacht-builder
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MarineMax reports record revenue growth, gross margin and EPS for F22 Q1
US boat retailer increases full-year guidance; reports robust consumer demand
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Freedom Boat Club announces first Idaho location
World’s largest boat club operator continues to expand
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Suntex Marinas announces third acquisition in two months
Marina operator adds Dallas-area facility to growing portfolio of US marina properties
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Turkish builder issues yard update, citing strong 2021 sales
Yard reports full order book through 2023
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Simpson Marine sells first Sanlorenzo via China tax-free zone
Hainan continues to attract yacht buyers
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Strong Q4 caps strong 2021FY for Marine Products Corp
High demand for content-rich boats propels US boatbuilder to near 50% net income gain; results were softer in international markets
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savvy navvy exceeds fourth crowdfunding target
Marine tech firm raises over £800,000 within hours
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New boat rental site launches with over 5,000 boats available globally
New owner has firm ambitions to make an impact
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Sunseeker reveals significant number of off-plan orders for new Superhawk 55
Order book extends to 2024 for some models
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Polaris 2021 sales up 17% to record US$8.19bn
Marine group sales up 12% for fourth quarter, 26% on full year
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IMTRA sold to employees
Employee purchase succession plan to provide long-term ownership, leadership continuity for US parts and components supplier
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EBI hosts online International Business Meeting; Bavaria and Gianneschi CEOs comment on supply chain issues
Supply chain challenges at the forefront of today’s event
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Dutch dealer to electrify fleet
Seven new electric motoryachts commissioned for the coming season
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G-Marine principals to join Allied Marine
Alberto and David Galante recently shut down their Ft Lauderdale operation
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Polish builder to launch new motorboats, open second production hall
The 18ft and 19ft boats will be positioned at the upper end of the producer’s portfolio
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Electric propulsion specialist opens new facility in Belfast
The 42,200ft² site will house the company’s manufacturing and engineering teams