All articles by Subscriber-only – Page 92
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USABoatbuilders are embracing new market dynamics to capture younger audience
US boat builders are making strides to address an increasingly dynamic market in the face of affordability challenges and the evolving demands of a newer, younger buyer. IBI reports on new product development among the country’s key volume builders
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USAFinancing is readily available, but at what cost?
As boat builders work to rebuild pipelines different approaches to inventory and financial management are beginning to emerge, as some dealers return to pre-pandemic inventory levels and others choose to operate with leaner stock levels and more of a just-in-time approach
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USABalancing act as boatbuilders focus on affordability
With younger buyers still looking to engage a boat market that’s been challenged by inflationary pressures and multiple interest rate hikes, US boat builders are innovating to maintain an affordable path to entry
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NewsItalian industrial group reduces stake in Azimut-Benetti
3.98% shareholding divested, leaving it with 8.1%
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NewsHighfield Boats USA opens new warehouse and rigging facility
New Michigan facility to commence deliveries this month
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NewsWestern Cape delegation in AGOA talks with US lawmakers
South Africa has been criticised for its military ties with Russia
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NewsFrench marina to undergo €7.2m upgrade
Construction work on overhauling the marina expected to be completed in 2027
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NewsSeaglaze Marine Windows buys Houdini assets
Two UK brands to be promoted separately but some integration of product ranges likely
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NewsNZ firm pioneers diesel-electric hybrid equipment as it looks to future
HamiltonJet receives contract to provide waterjets for new electric and hybrid electric ferries
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NewsR&C sale confirmed
The sale of Robertson & Caine to an international investment company has been finalised
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NewsPolish builder to launch new model, open second production hall
Pegazus Boats is expanding its range of motorboats with a new model later this year
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NewsCape Town welcomes ‘floating laboratory’ catamaran Energy Observer amidst national power cuts
The vessel’s arrival coincides with major power disruptions in South Africa
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NewsACI-Gitone wins Croatian marina concession
New 230-berth marina is being developed by ACI in a joint venture with German company Gitone Kvarner
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NewsWinnebago CEO presented with EY Entrepreneur of The Year Heartland Award
Michael Happe recognised for leading transformational growth while “fostering an entrepreneurial spirit” across US boat and RV builder
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NewsSaudi Arabia to have over 3,500 new marina berths in Red Sea by 2030
The projects are all part of the Vision 2030 plan to reach 100 million visitors by the end of the decade
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NewsForza X1 in major supply deal with US retailer
US builder receives initial purchase order for 100 units of its 22ft electric boat
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NewsIGY Marinas wins major Saudi contract
New 86-berth facility to be ready for 2024 as key feature of new NEOM City resort island
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NewsProSpec Electronics sold
The acquisition follows a 10-year business relationship between the two firms
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NewsGemini reveals new WR720 range as first boats leave yard
The WR720 production line is now running at 100% capacity
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