All articles by Subscriber-only – Page 252
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NewsEU: Covid-19 interrupts Q3 rebound, dashing hope for quick recovery
The EU’s autumn forecast comes as a second wave of the pandemic slams the European economy
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NewsVolvo outlines path towards zero-emission products
As part of its Market Capital Day, Sweden’s Volvo Group made a passionate pitch to investors today about the company’s vision for fossil-free products and for the business as a whole over the next two decades
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NewsStockholm to debut “world’s first charging network” for electric boats
Charging stations will be set up in the Stockholm archipelago Candela, the Swedish electric boat manufacturer, has teamed up with solar energy supplier Nordsol to roll out what it describes as the “world’s first charging network” for electric boats. The new charging posts will be installed in ...
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NewsSuzuki Marine has credible first-half year
While total corporate results showed sigfnificant weakness, Suzuki’s Marine division produced first-half results virtually level with 2019…
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NewsSt Francis Catamarans boosts production despite recent setbacks
South African yard St Francis Catamarans is targeting the hybrid electric market as it rebounds in the wake of recent setbacks. The St Francis Bay yard has boosted production and widened its marketing network on the back of recent orders and enquiries, according to yard chief executive Rob Brennan. Brennan ...
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NewsMiami Beach voters sink marina redevelopment plan
Voters in Miami Beach have rejected the US$55m sale of air rights over the city-owned marina, effectively killing a multimillion-dollar redevelopment deal. Developer David Martin planned a 385ft luxury residential tower and rehab to the Miami Beach Marina including a US$22.5m 45,000sq ft marina facilities building, US$40m in capital improvements ...
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NewsFLIBS lessons learned from a proof of concept laboratory
The Fort Lauderdale International Boat Show (FLIBS), which closed its five-day run on Sunday, was not only a success by every outward measure – most notably, exhibitor sales – but can serve as a model for other industries, public events and governments as we navigate a world that sees no ...
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NewsEekels Technology absorbs bankrupt De Keizer Marine Engineering
Eekels Technology BV, a Dutch builder and installer of electrical drive and shore power connection systems, has agreed to take over De Keizer Marine Engineering which was declared bankrupt on October 15. No financial details were announced. Eekels said in a statement that De Keizer’s activities “will boost its position ...
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NewsNo stopping Queensland’s superyacht shipyard capacity
Just days after Rivergate Marina & Shipyard announced a $200m expansion, a further two new developments stand to significantly impact on Queensland’s superyacht shipyard capacity. One of these is a new collaboration involving the Gold Coast City Marina & Shipyard (GCCM) for superyachts up to 120m (394ft) and the takeover ...
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NewsNew measures announced in France - FIN responds
Late last week the French government announced a new decree (No. 2020-1310) that ”prescribed the measures necessary to deal with the Covid-19 epidemic”. Article 46 of the decree states that while ‘beaches, bodies of water and lakes are open’ (unless the prefect decides otherwise in the event of non-compliance with ...
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NewsFLIR releases Q3 results ‘in line with expectations’
FLIR reported third quarter financial results in line with expectations on the strength of growing military sales Virginia, US-based FLIR Systems Inc released its third quarter financial results on Friday, reporting strong earnings, a healthy backlog and the reinstatement of its 2020 guidance. For the quarter ended ...
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NewsSunsail to withdraw from Palma; Travelopia responds to tougher climate
The cost of mooring fees in the key Spanish sailing centre of Palma has led to Sunsail, one of the leading sail holiday companies and part of the Travelopia Group, withdrawing from Mallorca, according to a report in the Majorca Daily Bulletin.
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NewsSolaris introduces four new sailing yacht models
Despite Covid-19, Italian builder Solaris Yachts has experienced a very busy summer period through July-September with the launch of four new sailing yacht models. The delayed Genoa Boat Show proved both timely and successful for the brand.
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NewsWells Fargo Marine Group President on boat finance in the US - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI’s recent interview with Bruce Van Wagoner on current trends in the North American leisure marine industry, inventory pipeline levels, forecasting in the age of Covid-19 and whether boat dealerships can become too big to fail.
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NewsLippert reports ‘exceptional’ Q3
US-based Lippert Components added its Q3 results to the recent stream of good sales and revenue reports coming out of the third quarter, generated by the unexpected surge in demand for outdoor products in 2020 – including boating.
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NewsDufour in strategic alliance with Synergy Yacht Sales
The two companies will work together on the development of the Dufour 48 catamaran
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NewsDrydocks World replaces Damen in Bijela superyacht refit yard development
Damen asked to be replaced
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NewsBelgian sector lifts its boat shows from the doldrums
There are plans for a show at Nieuwpoort marina in March 2022 Belgium is planning to stage new boat shows, restoring some sheen to its boating and watersports events that spent the better part of the past decade in the doldrums. Nautibel, Belgium’s watersports and recreational boating ...
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NewsHong Kong Yacht Show: Verventia responds to HKCYIA’s announcement
As reported in yesterday’s IBI News, the joint organisers of the planned Hong Kong Yacht Show scheduled to take place next month appear to be in dispute. Following the announcement of postponement at the request of the majority of the key players in Hong Kong’s yachting industry, the local partner, ...
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NewsMiami cancellation surprises few, relieves many, disappoints an industry and begs new questions
The decision by the National Marine Manufacturer’s Association (NMMA) to cancel nine of its first-quarter boats shows, including the cornerstone and iconic Miami International Boat Show (MIBS), was met with a mixed reaction from the recreational boating industry. But one universal sentiment was expressed by Correct Craft president and CEO ...
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