All articles by Subscriber-only – Page 209
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NewsSanlorenzo reports “excellent results” for Q3 2021
The Italian luxury yacht builder says both profitability and its order backlog are at a record high; with high visibility on future growth, Sanlorenzo has also confirmed its full-year guidance for 2021
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NewsBiden Administration confirms timing for removal of EU boat & motor tariffs
The National Marine Manufacturers Association (NMMA) reports today that the EU plans to lift retaliatory tariffs on US boats and engines on 1 January 2022
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NewsJoint venture to invest $200m in US marinas
Integra Investments teams up with US investment firm to acquire marina assets
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NewsQ3 revenues, profits up for KVH
Increased service offering revenues offset higher production costs on hardware associated with supply constraints
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NewsAustralian electric outboard manufacturer begins exporting
The New South Wales-based company launched with five outboards between 4kW and 30kW
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NewsTurkish marina owner enters power catamaran market
Vision F Yachts has already delivered two 80ft power cats to Turkish clients
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NewsTurning adversity into opportunity, Viking announces three new models
A 90ft Viking was developed largely to counter EU and US emissions regulations
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NewsMiami voters reject lease for Virginia Key marina operators
Voters rejected the 75-year marina lease deal by a margin of 53% to 47%
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NewsFounders of E1 World Electric Powerboat Series on plans to turbocharge electric boating
E1 Series Co-Founder & CEO Rodi Basso tells IBI about plans that look set to transform the concept of powerboat racing
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NewsTourism Minister proclaims Bahamas “back and open for business”
Caribbean tourism has been greatly impacted by the devastation of multiple hurricanes and Covid-19
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NewsLippert Components rides demand wave
US-based LCI Industries reported record sales today for its the third quarter, based on continued strong demand in the recreation space; the company’s marine business outperformed other segments
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NewsFormer Garmin sales director launches new business
Dan Soeters has formed an international network of sales and distribution specialists
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NewsCummins Q3 revenues up 17% to US$6bn
Engine segment revenues of near $2.6bn mark 22% YOY gain, but continuing supply constraints lead engine builder to adjust full-year guidance
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NewsDutch boatbuilder to open new facilities in 2022 as sales grow
New facilities to be built next year
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NewsMaritimo reports FLIBS 2021 as one of most successful shows
Strong response to North American debut of M55 and S55 models
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NewsYachtCreators in $100m joint venture to offer new-build financing
US-based new-build and brokerage company partners with finance firm
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NewsPatrick expands marine footprint
In its third marine-focused acquisition of the year, Patrick Industries has further expanded its portfolio of marine products with the addition of an audio product specialist
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NewsIBI interviews Hamza Mustafa, COO of P&O Marinas
Newly appointed COO talks to IBI about P&O’s future plans and Dubai’s vision for yachting and boating
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NewsUS ports to begin fining shippers for container delays
California container ports accelerate ship unloading, but now running out of room as offloaded containers awaiting trucks clog the docks
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