All articles by Subscriber-only – Page 264
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NewsDutch boatbuilder begins work on new 184ft yacht
Vitters plans to deliver the new sailing yacht to its owner in 2022
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NewsJohnson Outdoors Q3 revenues down 21%
Strong demand for fishing products through May and June not enough to offset impact of April Covid-19 shutdowns
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NewsFrench Minister gives green light for Cannes and La Rochelle shows in September
Franck Riester, the French Minister for Foreign Trade and Economic Attractiveness In a statement made on Tuesday to the leaders of the exhibition industry, Franck Riester, the Minister for Foreign Trade and Economic Attractiveness, stated that the restrictive rules in France concerning public and trade exhibitions would ...
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NewsNorwegian Evinrude distributor reorganises
The Nordkapp 905 Gran Coupe with Evinrude engines After losing the distribution of approximately 3,000 Evinrude outboard engines on the Norwegian and Swedish market each year, distributor Frydenbo is to reorganise its business. “We have already done some reorganisation and more will come,” Frydenbo CEO Hans Petter ...
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NewsRiviera investing A$10m in expansion of production facility
Two-year project to provide capacity to meet growing demand
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NewsTough Q2 for Cummins Inc
US engine manufacturer records largest quarterly revenue decline in its history Covid-19 shuts down OEM customers worldwide
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NewsCatalano Shipping expands superyacht support into Asia-Pacific with NZ purchase
Company also plans to open in Spain next year
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NewsBalance/Nexus launch first ‘lockdown’ 526 in SA, owner watches via Skype
The boat is currently undergoing sea trials ahead of possible departure next week
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NewsGarmin marine sales up 4% in Q2, while overall revenues drop 9%; CEO comments
A surge in its marine business helps offset higher declines in Garmin’s automotive, aviation and outdoor segments
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NewsMarine Products Corp records 58% Q2 sales decline
Sales, profits down sharply in the second quarter of 2020 as Covid-19 shutdowns impact US fibreglass boatbuilder, but strong June sales point to a brighter Q3
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NewsTelwater Australia to increase production from 8,000 boats a year
Telwater, Australia’s largest aluminium boat manufacturer, is on a recruitment drive as demand for boating surges during the coronavirus pandemic. Telwater manufactures more than 8,000 boats and 5,500 trailers annually and has a network of around 180 dealers across Australia and Asia South-Pacific. The Gold Coast-based manufacturer of the Quintrex, ...
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NewsDerecktor responds to state lawmaker’s concerns about delay to shipyard
Company president writes open letter addressing concern over delays to Fort Pierce development
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NewsPolaris reports Q2 revenue declines
Polaris reported sales of US$132.2m for its boat business in the second quarter, marking a 28% year-over-year decline from the $182.4m reported for Q2 2019 Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in ...
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NewsKM Yachtbuilders launches first motoryacht
A company first: KM Yachtbuilders’ Bestevaer 53 Motor Yacht Following over 20 years building aluminium sailing yachts, Dutch shipyard KM Yachtbuilders has now launched its first-ever motoryacht, the Bestevaer 53 MY. Using the same aluminium construction that the yard has pioneered for its sailing yachts, the elegant ...
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NewsProposed 5G network could compromise GPS signals in the US
Critics of the proposed Ligado 5G system say its terrestrial antennae network would generate a powerful enough signal to overpower satellite-based GPS transmitters, which operate on adjacent frequencies A growing body of legislators and industry associations in the US are raising red flags over a proposed 5G ...
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NewsFirst-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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NewsNew start for Bente sailboats at Lake Constance
Boat dealer and marina owner Meichle & Mohr takes over the Bente legacy. Sonja Meichle and Christian Daum talk in our interview about the brand’s future.
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NewsHong Kong boating market shines while the rest of Asia struggles
The market is looking forward to the 1st Hong Kong Yacht Show in November
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VideoIBI speaks with MarineMax CEO Brett McGill
IBI contributor Craig Ritchie speaks with Brett McGill, CEO of America’s largest boat retailer about how the company’s digital strategy and investments over the past ten year have paid off during the Covid crisis, the significant shift in consumer appetite to get out on the water, and some of the ...
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NewsPrincess Yachts sells nine X95s off-plan with an X80 to follow
UK yard now fully back at work and hiring again
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