All articles by Subscriber-only – Page 186
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News
Analysts increase OneWater earnings projections
Seven investment analysts give stock a ‘Buy’ rating; one gives ‘Strong Buy’ rating
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US yacht insurance firm sold
Maritime Insurance International is one of America’s largest marine-specific insurance agencies
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Genting HK shares plunge after German subsidiary files for bankruptcy
Hong Kong-listed cruise ship operator loses over half its value; the market shock will be a big hit to Genting HK boss, who is also majority shareholder in Grand Banks
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Top 20 UK companies
As part of its annual overview of the UK boating market, IBI highlights the top 20 companies in the British leisure boating sector
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Yamaha closes Siren Marine acquisition, discusses future plans
IoT subsidiary expected to continue operating as independent supplier, with new product development announcements expected at Miami show
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Croatia’s leading marina operator expands
ACI Marinas is looking to upgrade a number of facilities on the Adriatic coast
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Fast-charging stations coming to Canadian marinas
Initiative to enhance quick-charging capacity aimed at supporting growth of electric boats
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UK
Boatbuilders: Maximising potential
In 2020 the industry was forced to adapt to lockdowns; in 2021 UK builders have been grappling with supply chain and logistical issues and they seek to maximise of unprecedented demand
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UK builder moves one step nearer liquidation
Action ‘inevitable’ following withdrawal of German financier
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Latest 2021 US boat market highlights
The latest industry data on the US boat market have been released today highlighting strong boat sales growth and a forecast for continued momentum in 2022
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Record year for yachts registered under the Israeli flag
Covid’s positive effect on domestic tourism fuels growing demand
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Widespread flooding hits SA’s inland boating hub
The level of the Vaal Dam outside Johannesburg soared to 110% earlier this month
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Pendennis 2020 results reveal Covid impact
UK build and refit yard retains profitability and reveals an acquisition; Group expects to restore 2021 turnover to pre-pandemic levels
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Chinese investor acquires Dutch superyacht yard
The family-owned shipyard specialises in building, converting, refitting and repairing yachts of up to 65m
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Twin Vee Powercats signs battery deal
Delivery of the first set of lithium-ion battery systems is expected in late Q2 2022
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Polish firm to launch first motoryacht, build new yard
New boatbuilder readies to launch first motorboat
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German shipyard files for bankruptcy
Parent company struggling with serious financial challenges