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NewsPolaris reports 12% Q1 revenue decrease
Marine segment revenues drop 7% on lower volumes as US boat and powersports equipment builder withdraws 2025 earnings guidance amid tariff uncertainty
NewsVolvo Group Q1 revenues down 7%
Volvo Penta down 3% in period marked by tariffs, stock market upheavals and decreasing consumer confidence
NewsMarineMax CEO: recovery may be slower than anticipated
The US firm is approaching the spring selling season with increased caution
NewsDometic Q1 sales dip 11%
Continued OEM, aftermarket softness in ‘turbulent market’ offsets gains from new product launches and cost reductions
NewsAirFish WIG craft to redefine maritime travel for generations
IBI speaks to ST Engineering’s Leon Tan about the ongoing development of the new Wing In Ground craft
News2025 Rio Boat Show opens with focus on hydrogen
The H1 Explorer is the first boat in the country designed to operate without emissions
NewsValue boat segment still soft – Brunswick
US boatbuilder ponders steps to reduce exposure in slow selling value category, including model reductions
NewsMarineMax record Q2 revenue belies “uncertain” market conditions
US firm lowers annual guidance following lowest gross boat margins in company history
NewsSA Trade Minister to meet US officials on Friday amid tariff impasse
Parks Tau is due to meet a US representative in the first engagement since Trump’s tariff announcement
NewsMarine Products Q1 sales down 15%
Chaparral, Robalo boat brands parent says tariff uncertainty expected to impact consumer spending in months ahead
NewsAkzoNobel expects cost-cutting program to offset US tariffs impact
Dutch coatings and paints giant reports “better than expected” first quarter
NewsHow to draw more females to marine tech trades
ABYC highlights marine techs of different backgrounds as part of International Marine Service Technician Week
NewsBahrain to boost yacht tourism, maritime safety
Government issues new edict aimed at reinforcing the island nation’s position as a leading regional hub for yacht tourism
NewsMontenegrin yard invests €25m in infrastructure upgrades
Adriatic 42 is looking to attract more superyacht owners
NewsItalian automaker to enter world of competitive sailing
Ferrari forges ahead with plans for a 30m monohull yacht with next-gen foils
NewsWebasto to cut 650 jobs by end of 2025
Losses part of ongoing restructuring to strengthen competitiveness and future viability
News2025 Singapore Yachting Festival a success despite fears of potential downturn
While most exhibitors’ experiences were positive, the industry is concerned about a possible softening of the regional economy
NewsLesotho licenses Starlink as impasse continues in SA
Foreign Minister denies move is linked to negotiations around US government’s decision to impose a 50% tariff on Lesotho’s US exports
NewsBayesian to be raised and brought to shore
The recovery operation is scheduled to begin on April 26
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