All articles by Subscriber-only – Page 31
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Lippert Q3 revenues drop 5%
Marine OEM sales down 12% while overall net profits jump 35% on stronger RV market
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NMMA looks forward to working with new US Administration, Congress
National Marine Manufacturers Association issues statement congratulating President Elect Trump
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TISG sues NY Times over Bayesian story, chairwoman resigns
The Italian Sea Group is pursuing legal action following the publication of an article that questioned the stability of the yacht
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KVH sees lower revenues but bottom line gains in dynamic Q3
US satcom firm continues to manage toward sustained profitability despite reduced revenues from soft end markets
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US Fed cuts interest rates by 0.25%
Second reduction in two months lowers prime borrowing rate to 4.5%
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LVMH to buy or invest in Ferretti Group?
Rumours suggest that Bernard Arnault is particularly interested in the Riva brand
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Safe Harbor Marinas’ parent company restructures
Sun Communities chairman and CEO to retire; McLaren returns as president
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Tough Q3 for Myers Industries
Goodwill impairment charges leave US plastics firm with US$10.9m quarterly loss
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Cummins reports flat Q3 results
US engine builder notes higher international sales overall and in its engines segment
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Twin Disc has positive Q1 led by marine, Katsa Oy acquisition
Strong start to fiscal 2025 for US-based marine transmission specialist
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Sunseeker deal value disclosed
Latest deal means that all three of Britain’s largest powerboat builders now in the hands of private equity investors
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Fountaine-Pajot acquires top Asian dealership
The move follows a successful 25-year collaboration between the two firms
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Yamaha FQ3 revenue up, income flat, marine sales down
The Japanese provider of power products has revised its operating income forecast for fiscal 2024 downwards
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MasterCraft 2025 Q1 revenues down 30%
Improving inventory pipeline, enthusiasm for new product and a cash injection from the divesture of its Aviara business leaves US boatbuilder confident as 2025 boat show season approaches
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Trump’s return may rekindle transatlantic trade spats
US President Donald Trump sees tariffs as a weapon to return jobs to America
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Patrick Q3 revenues up 6% despite marine segment declines
Marine revenues drop 21% YoY as OEM shipments slow in soft boat market
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Ukrainian RIB builder rolls out new model, targets export market
Gelex is intensifying efforts to expand its international foothold
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Marine Products reports lower Q3 sales, income
US boatbuilder combats “soft consumer demand and tepid dealer order flow”
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Back-to-back autumn storms caused US$100bn damage as marine businesses start to rebuild
Florida has seen some 400,000 insurance claims totalling more than US$4bn so far
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Bass Pro issues statement on plant consolidation
The company’s Tracker Marine brand will cease production in Oklahoma come January