All articles by Subscriber-only – Page 298
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NewsAxopar looks to major expansion over next two years
Launch of new Axopar 37 at Boot Düsseldorf to play a key role
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Finnish boat sharing platform goes global
New Skipperi web service to be introduced in Scandinavia next year
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Report
Market Overview | Netherlands
It’s no longer just the superyacht sector grabbing headlines; the Dutch market is back, with most sectors enjoying solid growth, though economic uncertainty continues to make sales hard won
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Report
Market Overview | USA Equipment
In spite of ongoing tariffs and trade disputes, the US marine equipment market continues to surge driven by unprecedented technological innovation
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NewsItalian firm develops ultimate superyacht toy
An Italian company, iSpace2o, is developing a craft that is claimed to be able to attain planing speeds on the surface of the sea and to combine this with operating underwater. These combined talents of the advanced craft will make it a very appealing ‘toy’ for carriage on board a ...
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NewsHanse Yachts reports record turnover
Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008
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NewsNew SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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NewsBeneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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NewsAnnual revenues for US boat retailer MarineMax grew 5%
Financial results for America’s largest boat retailer – representing more than 20 boat and yacht brands across some 60 locations – were down for the company’s fourth quarter reflecting ’choppy’ market conditions across the industry in terms of both geography and product segments
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InterviewDamen & Amels | Rose Damen
Exploiting the unmatched synergy between the Damen and Amels brands, Rose Damen markets crossovers that are rocking the global yachting sector
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NewsBrunswick’s Q3 net sales down 5.7%
US-based Brunswick Corporation reported financial results through the end of September showing anticipated declines in top-line revenues, but exceeding earnings expectations
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InterviewMore acquisitions on the cards as Lippert reveals hand
With seven major acquisitions in the past five years, Lippert Components Inc has become a major player in the leisure boat industry. IBI recently caught up with CEO Jason Lippert, who spoke candidly about what lies next as it builds its marine portfolio
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Next step for Petestep
Swedish hull design company Petestep teams up with Zodiac and Torqeedo. The first project is the electric superyacht tender Avon eJet 450
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Torqeedo owner Deutz buys battery specialist
Exactly two years ago, German engine manufacturer Deutz took over Torqeedo, a leading specialist for electric boating systems. Now Deutz AG has announced the acquisition of the battery specialist Futavis. With the purchase of the company, which is located near the Dutch border, “Deutz AG is supplementing its electrification strategy ...
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NewsBeneteau CEO points to new strategic direction in Les Echos interview
The hundreds of suppliers and dealers for one of world’s largest boatbuilders should expect significant changes in the coming year; Former CEO takes issue with successor’s statements
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NewsFerretti IPO roadshow ends in Zurich tomorrow
CEO Alberto Galassi lays out Ferretti’s prospects to investors in London, Frankfurt, Paris and Zurich this week ahead of its debut on the Milan stock exchange.
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NewsOne year on: Bavaria CEO on boatbuilder’s plans for 2020 and beyond
Exactly one year ago, the Bavaria Yachts shipyard in south Germany’s Giebelstadt was rescued from insolvency and was able to continue operations with the help of investor CMP. The Franconian shipyard has just successfully passed its first year of restructuring. Now Bavaria Yachts plans to present two new boat model ...
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NewsFerretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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