All articles by Subscriber-only – Page 224
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NewsAmazon CEO Bezos to become world’s richest yacht owner
Jeff Bezos has reputedly commissioned a 127m megayacht
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NewsSenate leader calls for reopening US/Canadian border, ease boating restrictions
US Senate Majority Leader Chuck Schumer is calling for a four-step plan to reopen the US/Canadian border and allow boaters to traverse border waters as long as they do not dock. To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content.
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NewsMyers Q1 sales up 42%
Higher sales revenues offset by higher costs related to recent acquisitions, leading to 56% dip in YOY net income
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NewsDate set for next action in Perini Navi bankruptcy
Trade union emphasis on getting yards back to work
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NewsSA builder lands contract to produce Class 40 racing yacht in Cape Town
Further Composites’ founder told IBI the build is progressing well
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NewsEU gets tough with foreign companies, promises relief for SMEs
EU rules now ban aid from EU governments to secure fair competition
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NewsSanlorenzo revenues up 20.5% in Q1
Italian luxury yacht builder, Sanlorenzo reported improved Q1 revenues and profitability, while issuing full-year guidance for double-digit growth along with details on new segments the builder will be entering in 2022; acquisitions are on the agenda as well
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NewsCorrect Craft to build hydrogen-powered boat
Watershed Innovation adds its support to Zero Emission Industries’ project
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NewsKVH Q1 revenues up 16%
Second consecutive quarter of record VSAT shipments drive revenues in “quarter that beat expectations”
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NewsCroatian marina operator to invest €12m in new seaplane service
ACI eyes new seaplanes for customers
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NewsFort Lauderdale marina joins Safe Harbor, the world’s largest marina operator
The Lauderdale Marine Centre is one of the largest yacht repair centres in the US
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NewsClosure of borders with Russia poses threat to Turkish boat sector
Covid dashes Russian hopes of spring sunshine on the water, as flights to Turkey drastically reduced
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NewsLippert Q1 sales top US$1.0bn
Revenues jump 52%, net income increases 163% in record first quarter results driven by strong contributions from marine and international business segments
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NewsNobiskrug administrators appoint PwC to find new investors
Several possible investors already expressed interest in the German superyacht builder
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NewsMalibu reports best quarter in company history
US builder delivers record-setting third quarter from a revenue and earnings perspective
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NewsFlorence Appeal Court confirms Perini Navi bankruptcy
Tabacchi family challenge rejected as Turkish shipyard sold
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NewsPremier Marine acquired by investment firm
Envision Co enters leisure marine business with purchase of luxury pontoon boat builder
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SwedenMarket struggles to keep pace with boom
Staycations and influx of new buyers prove perfect hothouse for growth as market struggles to keep up with demand
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GermanyMarket Overview | Germany
The German boating industry is entering one of its best years, say industry representatives – despite, or potentially because of, the Covid pandemic
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