All articles by Subscriber-only – Page 36
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Caterpillar Marine testing methane dual fuel engines
US engine builder advances plans for methanol dual-fuel technology, with new Cat 3516E marine engines targeted to deploy in 2026
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Starlink changes boat owner demographic in southern Africa
Fast internet coverage is reducing the average age of boat owners at South African ports
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Tommy’s Boats files for bankruptcy
The US dealership filed for bankruptcy protection in Texas on Tuesday
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BSI Marine Equipment Group invests in facilities, machinery
Some €5.6m will be allocated across four locations
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New Turkish refit yard begins operations
Tersan Marine is one of the largest refit and maintenance facilities in the Med
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Croatian powercat builder unveils first-ever model
Makai Yachts aims to reach production levels of 24 yachts per year
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StanCraft acquires Idaho marina
Boatbuilder-led investor group acquires Pacific northwest marina, announces expansion
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US aluminium extrusion duties coming, but on how many marine products?
Petitioners have specifically called out a number of marine items to be excluded
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Princess Yachts restructures, confirms redundancies
UK builder says the move will create a leaner, more agile organisation
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Sanlorenzo identifies APAC region as key to growth
Simpson Marine acquisition central to group’s global expansion
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Ferretti’s Q1 results confirm further growth, record order backlog
Order intake in the first quarter of 2024 amounted to €266.6m
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Mauritian yard signs deal with Nouum Engineering
New agreement means Taylor Smith Shipyard can now accept more and significantly larger engine overhaul jobs
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Twin Vee Q1 revenues down 41%
Losses continue for US boat builder as high interest rates reduce demand in tough American boat market
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Taiga reports higher sales, net loss for 2024 Q1
Canadian electric PWC builder reports revenue gains, but higher costs amid manufacturing ramp-up
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Canadian bank anticipates 2% interest rate cut within 18 months
The Royal Bank of Canada says rapid interest rate cuts expected to begin soon and be more aggressive than cuts in the US
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Tommy’s Boats placed in receivership
Crisis management firm takes control of US dealership to pay off debts and fees
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New roadmap could unlock Sri Lanka’s boating potential
Sri Lanka Tourism Development Authority looks to develop country’s untapped leisure boat market
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Yamaha Q1 reflects marine market decline
Core business of motorcycles offsets declines in the Marine Products division
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Sanlorenzo reports continuing strong performance in Q1 2024
Decision on any deal with Nautor Swan to be finalised in next few weeks