All International Boat Industry articles in Web Content 2020 – Page 89
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News
Layoffs at NMMA
The National Marine Manufacturers Association (NMMA) in the US is dismissing more than 20 staff members effective immediately as a result of COVID-19, IBI has learned from international sources. The positions appear to be at all levels throughout the organisation. An official announcement is expected in the coming hours. The ...
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NewsBoating BC announces 2020 grant recipients
A Canadian marine trade association has awarded more than $20,000 in grants and sponsorships to support a wide range of initiatives designed to boost recreational boating in the province of British Columbia.
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NewsEcoworks Marine appoints NZ distributor
UK-based Ecoworks Marine has expanded into the Southern Hemisphere with the appointment of 37 South as its official distributor in New Zealand.
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NewsYanmar establishes new marine company
In order to better to support the continued growth of its marine business, Osaka, Japan-based engine builder Yanmar has established a new company operating as Yanmar Marine International Asia (YMIA).
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NewsCoronavirus update | 7 April
Ancasta to hold virtual boat show; La Ciotat Shipyards begins mask production; McConaghy shipyards in China and Australia fully operational
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NewsMcConaghy shipyards in China and Australia fully operational
McConaghy, the builder of high-performance and specialised mono- and multi-hull yachts and superyachts, states that its yards in Australia and China are both fully operational.
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NewsTwo more flagship Silent 80 catamarans sold
Silent Yachts has sold six units of its flagship model since launch
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NewsDLBA uses AI technology to develop new superyacht concept
US-based DLBA Naval Architects is developing a 58m superyacht concept that thinks through all the vessel systems to see where artificial intelligence can take the superyacht experience to the next level.
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NewsArcadia Yachts announces sale of new Sherpa XL
The Italian builder also has another four yachts on order
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NewsGlobal Covid-19 update (New)
The International Council of Marine Industry Association (ICOMIA) and its member associations are providing regular updates to a ’living’ State of the Industry report tracking the latest regulations regarding COVID-19 and the specific impacts on the boating sector in countries across the world.
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NewsRolls-Royce uses financial measures to combat COVID-19 challenge
Measures include a dividend cut, revolving credit and reduced salaries
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NewsAmels on track to launch nine yachts in 2020
Dutch superyacht maker Amels is confident it will be able to launch nine yachts in 2020, despite the coronavirus’ debilitating impact on the company and the Dutch economy as a whole.
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NewsCoronavirus update | 6 April
Pacific Superyacht Forum rescheduled; Formula Boats closes facility; MRAA to host dealer webinar on navigating cash flow
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NewsIBI issues statement; launches plans for new summit
Dear Reader, I am writing to let you know that despite the difficult conditions we are now facing that the IBI team is continuing to operate as normal with our full complement of staff, foreign correspondents and sales representatives. With our Daily Newsletter, we are endeavouring to ...
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NewsPrincess Yachts appeal to UK government answered
Following an urgent request for government backing made by its executive chairman Antony Sheriff on the 26th March, Princess Yachts has managed to secure the funding which it was being denied as an apparent oversight in the government’s Corona Large Business Interruption Scheme. Initially the company was caught in the ...
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NewsFincantieri reports 2019 loss due to Vard restructure costs
The negative performance restructuring costs of the Vard Group, a subsidiary of the Italian state-owned Fincantieri shipbuilding group, has caused Fincantieri to report a loss of €148m for 2019 compared with a profit of €69m in the previous year. Vard is currently participating in the build the REV Ocean82, the ...
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NewsMaverick Boat Group adapts to remain operational
Maverick Boat Group (MBG) continues to build its four brands at two locations in Fort Pierce, Florida, despite the challenges of producing product under the rules of engagement with the COVID-19 virus, and company CEO Scott Deal went to Facebook on Friday to make it clear.
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NewsSA boatbuilders start to cut salaries as possible lockdown extension looms
South African boatbuilders have started cutting salaries or forcing employees to take unpaid leave due to the coronavirus lockdown, according to results of an industry survey.
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NewsMarine lenders working with boaters/dealers, independently
A call for US marine lenders to temporarily postpone boat loan payments is being answered, but not collectively or formally, according to bankers involved in both consumer and commercial boat loans. National Marine Lenders Association president John Haymond – a Sr VP of Business Development with Medallion Bank – told ...
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VideoQuick Gyro Stabiliser in action
International equipment manufacturer, Quick SpA, has launched a new video “Quick Gyro: Reliable Stability” focused on the company’s gyroscopic stabilizer range. During the making of the video, Quick opened the doors to its production site in Italy where the company produces every component of the stabilizer, and invited builder ...
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