All articles by Subscriber-only – Page 258
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NewsZodiac to rebrand Avon range
Zodiac has announced that the eJET 450 electric RIB tender that was developed by Avon in 2017 is changing its name to become the flagship of Zodiac’s electric range. From the end of 2020 the Avon brand name will disappear from the group and the Z Nautic Group’s leisure range ...
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NewsHanseYachts makes investment case
German boatbuilder HanseYachts presented its performance and outlook at an investor conference in Munich today, reporting solid post-Covid demand
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NewsMcConaghy launches new superyacht series
Australian builder’s Makara range was designed by Malcolm McKeon
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NewsPanel: Covid-19 “wreaking havoc” on Europe tourism, including boating sector
The coronavirus pandemic is wreaking havoc on Europe’s tourism sector, and that includes many boating and watersports companies, says an advisory EU panel.
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NewsFriedrichshafen kicks off season’s first successful indoor boat show
Europe’s first post-Covid indoor boat show has yielded lower exhibitor and visitor numbers through the first half of the event, but is moving the industry forward
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NewsMillions in damage for Alabama marina, many face insurance woes in the wake of Hurricane Sally
Hurricane Sally’s final financial toll has yet to be calculated, but is expected to be in the billions, as exampled by just one Alabama marina that suffered millions in damage and others may face insurance hassles due to the storm’s sudden, unexpected turn to the east. Nearly 100 boats lay ...
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NewsHeesen: After Covid-19 bump in the road, business is back, looking good
Heesen’s 55m Project Pollux is due for delivery in October Heesen Yachts says 2020 was a mixed bag. It says the year began with a “lot of commercial activity”, then Covid-19 hit but the Dutch yard is ending 2020 in a “financially sound position”. Heesen CEO Arthur ...
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NewsPure Watercraft secures US$23m in Series A funding
A Pure Watercraft electric outboard motor Seattle-based Pure Watercraft, maker of electric marine propulsions systems, has secured US$23.4m in Series A funding led by San Francisco venture capital and private equity firm L37. Pure Watercraft will use the funds to “scale operations from beta to broad commercialization,” ...
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NewsNew technology helps shape MCA’s future SAR operations
UK’s Maritime & Coastguard Agency looks into use of remotely piloted aircraft technology as a driver for the next generation of search and rescue
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News
Sultan investor welcomes arrests in Tag Yachts court case
A prominent United Arab Emirates businessman who lost millions of pounds in a doomed South African boatbuilding venture has welcomed the arrest of two of his former partners who now face charges of fraud, South Africa’s Sunday Times newspaper reported at the weekend. Sultan Al-Hameli was instrumental in casting the ...
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News2020 expected to be fourth-best year for RV sales in the US
Whether they’re known as caravans, RVs, campers or motorhomes in your part of the world, recreational vehicle sales in the US are rolling along on a record pace for 2020 with the industry predicting an all-time high in 2021. A news release yesterday from the RV Industry Association (RVIA) projects ...
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NewsFirst online Asia Boating Dialogue a success
Today’s event offered considerable market information to the 170 delegates in attendance
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NewsCandela raises €8m in investment
The Swedish start-up has received significant financial backing
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NewsInforma reports £739.9m loss as Covid-19 disrupts events schedule
The impact of the Covid-19 pandemic on the global events calendar is shown in the reporting today of the first-half results for UK-listed Informa Plc, the world’s largest events business. Informa has reported a statutory pre-tax loss of £739.9m for HI 2020, a 398% fall on the profit of £248.3m ...
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NewsThai government eases yacht restrictions
Foreign tourists can now apply for a Special Tourist Visa (STV) valid for 90 days
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NewsAzimut-Benetti CEO announces closer brand links & new model plan
Group financial results better than last year and nine new models planned over the next 18 months
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NewsGreek marina handover period extended
The Hellenic Republic Asset Development Fund (HRADF), also known as TAIPED, has extended the period of completion of the transaction that concerns Alimos Marina in Greece to Friday, October 30. The transaction concerns the transfer for the utilisation of the marina to Aktor Concessions and at the same time the ...
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VideoIBI speaks with Mercury President Chris Drees
IBI North American correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine Division, about how the company is managing booming demand, particularly in the US market, including the addition of more capacity; the split of OEM vs. dealer sales; and how to create ‘excitement’ in a virtual ...
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NewsScandinavian companies partner on electric engine development
Evoy and Oxe Marine team up to test high-powered electric outboard concept
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NewsUK maritime training business fighting to survive
Red Ensign Training hit hard by Covid-19 and impact on marine industry
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