All articles by Subscriber-only – Page 6
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UK startup raises £4.65m for green hydrogen-producing vessel
Drift Energy aims to deploy a fleet of sailing vessels carrying hydrogen
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Finnboat CEO outlines strengths of Finnish marine industry in Helsinki
Jarkko Pajusalo speaks to IBI at close of the 37th Helsinki Boat-Afloat in Lauttasaari
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DP World reports “resilient” first half despite challenging conditions
The P&O Marinas parent grew revenues in the first six months of 2024, but Red Sea crisis and higher financing costs impact earnings
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Pure Watercraft ceases operations in West Virginia
The news comes two years after the company announced plans to produce electric outboard motors and pontoon boats in Brooke County
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More layoffs at Bass Pro’s marine division
The US builder has reduced its workforce at two Missouri plants by 10%
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Twin Disc ends fiscal 2024 on a high
US firm reports strong performance in its Marine and Propulsion Systems segment
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Twin Vee Q2 revenues down 47%
US boatbuilder posts $4.5m quarterly loss as it re-absorbs shuttered Forza X1 electric boat business
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New SA ports of entry to ease Cape Town marina congestion
South Africa’s Department of Transport recently added Mossel Bay and Saldanha Bay as ports of entry/departure
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Brazilian builder celebrates US market growth
NX Boats plans to ship 100 yachts to the United States next year
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Twin Vee to absorb Forza X1 electric boat business
Stock merger will see formerly independent electric boat division continue to operate as wholly owned subsidiary
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SA ship repair and boatbuilding investments bearing fruit?
South African officials flag significant investments in the local blue economy
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UK boatyard and marina sold
One of East Anglia’s oldest boat businesses has been sold to a nearby company
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UK marina group secures extended credit facility
Sutton Harbour Group owns and operates Sutton Harbour Marina and King Point Marina
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SUTL Enterprise reports small profit drop for 1H 2024
But revenues were up 5% on the sale of tickets and exhibition space at the 2024 Singapore Yachting Festival
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Spanish marinas association forecasts strong summer season
Marinas de Andalucía expects occupancy rates to reach 85%
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MarineMax to acquire Aviara dayboat brand
Aviara to operate under Cruisers Yachts subsidiary as MarineMax acquires all IP and hard assets; Merritt Island boat plant to remain with MasterCraft
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Polish builder secures first orders from France and Spain
Export success encourages business to add three new models to its range
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OneWater stock hits 52-week low after poor FQ3
Is non-current inventory an anchor for US-based national dealer chain?
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Greek builder expands facilities on back of strong demand
Yard expansion allows company to further increase production, undertake bigger projects
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Lippert posts 4% Q2 revenue gain
Continued softness in recreational marine segment offset by higher OEM and RV sales in recovering RV segment