All articles by Subscriber-only – Page 226
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First European Covid impact study shows mixed impact on industry in 2020
Report also notes optimism for the years ahead
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Marine Products Corp reports strong Q1 results
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
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Canadian electric fan manufacturer expands
Caframo adds more employees and production space in bid to keep up with surging market
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Polaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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Garmin Q1 revenues up 25%
Double-digit growth with strong contribution from marine segment helps propel electronics manufacturer to another record quarter
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U-Boat Worx delivers five subs, expects to double that by year’s end
All models ended up on high-luxury expedition cruise ships or superyachts
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Fountaine Pajot becomes first yacht-builder to offer hydrogen as onboard energy option
Energy Observer Developments’ system will replace gensets to provide clean electricity
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Singapore webinar: Boat hire and charter sectors see substantial growth
Singapore Marine Guide’s marine tourism webinar shows demand for boat hire and charter services is growing alongside yacht sales
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Superyacht service firm starts 2021 strongly with record order book
FY2020 saw moderate drop in results
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Fountaine-Pajot projects double-digit growth
France’s second largest boat builder, Fountaine Pajot, reported results for the first half of fiscal 2021 and is optimistic for the remainder of the year
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Vaan Yachts sees drive for sustainable boatbuilding finding a market
Dutch builder prepares for launch of first highly sustainable sailing cat
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Canadian engine builder to begin taking orders for 180hp electric outboard
Vision Marine Technologies officially launches its E-Motion electric outboard on May 1, with deliveries in Q4 this year
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Cruisers Yachts buys former Carver/Marquis facility
US builder says growth over the past 24 months has been “unprecedented”
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Superyacht builders see busy April of deliveries, launches and orders
Lack of shows not hindering flow of work for several yards
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Decision on Perini Navi bankruptcy likely to be delayed by some days
Shipyard workers express growing impatience for outcome to be made known
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Boat sales up 19% in Catana’s first half
The Catana Group, French builder of the Catana and Bali catamaran ranges, confirmed its growth target for fiscal 2021 with a strong order book
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Videoworks develops ‘3D lighting preview’ software to help yacht designers see their proposals in advance
New software allows for the integration and control of lighting inside a yacht
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Marine sector adds to record Q1 at Dometic
Sweden’s Dometic Group reported a record start to 2021 despite supply chain challenges, and provided details on latest acquisition
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Boat show organiser Informa reports £1.14bn pre-tax loss for 2020 as Covid pandemic hits results
2021 seen as transition year as physical events make a comeback
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Japan’s first boat show since Covid outbreak proceeds
International boat brands were well-represented at the in-water portion of the 60th edition of Japan’s International Boat Show, held last week