All articles by Subscriber-only – Page 228
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Nimbus boat group posts strong Q1
Sweden’s newest publicly-traded marine company, Nimbus boat group reported strong results for the builder’s first 2021 financial quarter, supported by a rebound in the European market
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MasterCraft Boat Group posts record Q3 sales
Net sales, gross profit, gross margin and net income all up significantly in record-setting third quarter for US boatbuilder
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As pandemic wanes, EU sees good growth for 2021, 2022
“The shadow of Covid-19 is beginning to lift from Europe’s economy,” says EU Economy Commissioner
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Updated version of Marshall Islands’ Yacht Code with key details introduced
Most significant change to Code since its 2013 launch
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Kiwi powercat designer unveils new models
Roger Hill Yacht Design reveals details of two new powercats
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Finnish market takes off; April sees boat registrations rocket
Helsinki Boat Afloat Show already more than 90% sold out four months early
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Canadian marina company acquires three new properties
Maple Leaf Marinas grows to 11 facilities with latest acquisitions
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Brunswick enters electric propulsion segment
The marine industry’s largest player will introduce five electric propulsion systems (the first in 2022), along with electric boats in four segments by 2023, and its first Advanced Driver Assistance System (ADAS) later this year.
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1st online Sri Lankan boating conference deemed a success
The Sri Lanka Government State Ministry for the development of the boating industry, established in 2020, makes progress
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Grand Banks business update; new shutdown
Malyasia-based yacht builder Grand Banks reported an increase in revenues and significant uplift in profitability for its third quarter ending 31 March; production suspended this week due to new Covid outbreak
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Harwood Capital given extension over GYG takeover decision
New deadline for any bid offer is now set at June 4
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Japanese engine manufacturers collaborate to develop hydrogen technology
Yanmar, Kawasaki, JEC enter into new cooperative venture to develop hydrogen-fuelled marine engines by 2025
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Russia: New leisure boat tax on the cards?
Covid impact could see wealth tax finally being passed
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Al Seer Marine to list on Abu Dhabi securities exchange
Al Seer Marine is a leading marine organisation in the Arabian maritime region
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New ocean cruising organisation launches in South Africa
The Ocean Sailing Association of Southern Africa (Osasa) will work with government on behalf of the offshore and coastal cruising communities
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Johnson Outdoors Q2 sales up 26%
Net income for second quarter up 37% YOY on continuing high demand for fishing, watersports equipment
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First marine supercharger now operational
The electric charger for boats is now up and running in Norway
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Thousands of Yamaha products stuck in transit
Suez Canal fiasco still affecting supplies of marine engines