All articles by Subscriber-only – Page 37
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ABC: Boating’s economic engine drives bipartisan support
IBI investigates the main takeaway following a day of lobbying on Capitol Hill
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Record full-year sales, profits for Suzuki
Marine revenues down 16% in face of softer North American, European boat markets, with improved fourth-quarter earnings pointing to segment gains in 2024
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Croatian builder to expand range amid growing demand
Grginic Yachting says the outlook for domestic boat sales is positive
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Astondoa announces new Mallorca base
Puerto Portals facility represents new era for the brand in the Balearics
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TISG agrees new deal with UniCredit to support supply chain
A €5m ceiling gives Italian builder’s suppliers easy and immediate access to liquidity
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Honda full-year 2024 revenues up 21%
Strong demand for automotive and motorcycle products offset decreases in power products sales, including marine
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Major investment proposed for Spanish marina
Tomás Maestre marina in Murcia to undergo €131m refurbishment
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US Department of Commerce moves on aluminium extrusion investigation
Petitioners have agreed to exclude some of the parts, accessories and subassemblies covered in the original protect request
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Confindustria Nautica president steps down temporarily
Move follows revelations that the Ligurian council has become embroiled in a corruption scandal
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ABC convenes with pending action on major issues
NMMA president tells Washington assemblage that a legal battle will likely ensue if the Vessel Speed Rule is not withdrawn
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R&C bolsters trainee intake amid plans to expand footprint
Robertson & Caine’s new owners are looking to grow production
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Myers posts lower Q1 revenues, profits
Sagging marine, RV OEM sales offset in part by contribution from Signature Systems acquisition in overall softer Q1 for US plastics manufacturer
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Lippert Components reports solid Q1 results
Sagging North American marine OEM sales offset by recovering RV market and stronger international revenues
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MasterCraft Q3 revenues drop 42%
Continued high interest rates slice revenues, earnings for US boatbuilder
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Cape Town reports unprecedented superyacht influx due to Red Sea crisis
As many as 20 superyachts have re-routed around the Cape in recent months
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No need to be in Washington to advocate for boating industry
The American Boating Congress opens today and runs through Friday
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Investors unfazed by Beneteau’s poor Q1 sales
Company sticks to its full-year outlook for ordinary operations margin in 7%-10% range
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KVH Q1 revenues drop 14%
Challenging Q1 for US satcom service provider as it winds down hardware manufacturing operations
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Hempel to divest JW Ostendorf and Renaulac business units
Proposed sale to equity group Fidelium Partners to include German factory, French stores and about 500 employees
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Lakes Act key to expand and improve recreation infrastructure
The Act will be a major topic of discussion at the American Boating Congress this week