All articles by Subscriber-only – Page 78
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NewsTough YTD for Twin Vee Power Cats
Revenues up 8% in first nine months, but losses mount for US boatbuilder
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NewsYamaha marine sales up 8.2% over first nine months of 2023
Consolidated revenues up 9.4% YoY on strength of high demand for outboards and PWCs
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NewsUS Congressional Boating Caucus receives right whale update
As the US recreational boating and fishing communities are awaiting the National Oceanic and Atmospheric Administration (NOAA) final rule aimed at reducing North Atlantic right whale (NARW) vessels strikes, the industry is keeping attention and pressure on the issue before elected officials, the latest in the form of a briefing ...
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NewsMalibu COO stock sale garners analyst attention
Some 13,360 Malibu shares were sold by Ritchie Anderson last week for the sum of US$589,766
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NewsFort Lauderdale Boat Show on track for record economic impact
Mayor Dean Trantalis says the event more than doubles the economic impact of the Super Bowl
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NewsMixed Q3 for Taiga Motors
Revenues increase 222% YoY while higher expenses lead to $20m loss for the quarter
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NewsNew Cape Town yard debuts with inaugural sportsfisher
The new venture transformed from concept to reality in June 2023
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NewsNZ hatch manufacturer acquires distribution business
Cule Marine acquires MarineXpress, VibraStop as part of long-term growth strategy
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NewsKVH reports 5% YoY drop in Q3 revenues
Service revenues grow as product revenues decline for US satellite communications firm
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NewsMixed 2024 first half for Honda
Strong gains by auto and motorcycle segments while power products sector – including Honda’s marine business – trails behind
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NewsSA builders raise concerns about port and visa inefficiencies
South African boatbuilding stakeholders hold roundtable meeting in Cape Town
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NewsRecord Q2 revenues, profits for Suzuki
Japanese engine båuilder marks second quarter and first half of FY2023 with record net sales, operating profit and ordinary profit
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NewsLippert Q3 revenues, profits down on softer OEM outputs
Lower shipments in US leisure marine, recreational vehicle segments drag down earnings despite 53% YoY gain in aftermarket revenues
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NewsFlorida boating rebounds from US$1bn in Hurricane Ian damage
The Fort Myers boat show is back to its normal schedule, opening this weekend
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NewsAll eyes on 2024 as Forza X1 releases 2023 Q3 results
President and CEO Jim Leffew addresses company’s third-quarter earnings with analysts
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NewsNimbus plans largest model to date, invests in Swedish, US yards
The Swedish builder is injecting funds to expand its yards in Lugnås and Edgewater
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NewsMalibu Boats to receive nearly US$8m from State for expansion project
US builder is expanding its production facilities for the Cobalt brand
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NewsSA builders await news on AGOA as president weighs in on trade deal
President Ramaphosa delivered the keynote address at the African Growth and Opportunity Act (AGOA) forum in Johannesburg on Friday
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