All Boatbuilders articles – Page 134
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Investment plan in Perini Navi develops
Last month Blue Skye Investment Group announced it had reached an agreement to restructure and inject capital into the near-bankrupt shipyard Perini Navi.
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Heysea Yachts exhibits first sailing catamaran at Shenzhen show
Italian and UK designers are both involved in the project
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Brunswick reports ‘outstanding’ Q3 and is bullish on 2021
The industry’s largest company said it outperformed the market in its third quarter ending September 30, achieving double-digit growth in sales and earnings. Historically-low boat inventory levels position the company exceptionally well for the remainder of the year and throughout 2021.
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UK RIB manufacturer sold to British entrepreneur
Ribcraft UK, based in Yeovil, Somerset, has been bought by UK entrepreneur Toby Adams and looks set to expand on the success it has already enjoyed in growing governmental, military and securities sectors as well as placing a larger emphasis on environmental sustainability.
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Surprise Q3 results for Marine Products Corporation
Marine Products Corporation, makers of Chaparral, Robolo and Vortex boats, surprised Wall Street with its third quarter results that saw a nearly 10.5% reduction in unit sales and a 4.8% drop in sales revenue reported at US$68.7m.
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Vanquish Yachts secures 35m superyacht order from US client
Vanquish COO Sander Mars: “US clients are getting used to aluminium” Since its founding in 2012, Vanquish Yachts has built fast luxury dayboats at a blistering pace. It’s a tale of peerless success: the Dutch maker of aluminium tenders and day cruisers just scored an order for ...
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Better than forecast results for Groupe Beneteau
The multi-brand French boatbuilder said the company is benefiting from its global, multi-segment positioning against the adverse environment of Covid 19
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Strong boat sales float Q3 earnings for Polaris
Boat division leads all other segments with 30% YOY sales jump to drive higher overall earnings, profits
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Azimut-Benetti Group reports strong Asia-Pacific sales
The Asia-Pacific area continues to play a strategic role in terms of Azimut-Benetti Group sales. Thanks to its longstanding presence in key countries in the area, the Italian boatbuilder has an excellent reputation and unparalleled reach across the region.
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Fountaine Pajot reports 2019-20 turnover
France’s second largest boatbuilder has released preliminary information for its fiscal year, ending August 31 noting a significant impact stemming from the Covid-19 crisis
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Brunswick elects Reggie Fils-Aimé to Board
The former head of Nintendo of America has been elected to Brunswick Corp’s Board of Directors.
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French builder of amphibious boats opens US office
Iguana, the French builder of amphibious sportsboats has opened an office in New York and has marked this with an order from the US Navy for two of their advanced amphibians. The contract with the US Navy marks a significant development for the newly established commercial/military side of the business, ...
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HanseYachts continues its financial restructuring strategy
German boatbuilding group, HanseYachts AG, reported today continuing reorganisation of the company’s financial structure for its future strength. The company’s brands include Hanse, Dehler and Moody sailboats, Fjord and Sealine powerboars, and Privilege sail and motor catamarans.
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Ferretti wins 2020 Media Key award for new ad campaign
Italy’s Ferretti Yachts has picked up a 2020 Media Key award for its ‘Just Like Home’ advertising campaign.
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Southern Wind launches 100ft full-custom cruiser-racer
Southern Wind Shipyard has launched a new 100ft full-custom, high-performance cruiser-racer in the Port of Cape Town, South Africa.
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Grand Banks achieves Q1 profitability
Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year. The Singapore publicly-listed company – parent of the Grand Banks ...
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New leader for world’s largest boat group
Aine Denari succeeds Huw Bower as president of Brunswick Boat Group
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Nexus Yachts expands facility following joint venture success
South Africa’s Nexus Yachts has almost doubled the size of their St Francis Bay facility on the back of their successful partnership with Balance Catamarans. Nexus general manager Roger Paarman this week confirmed the company had added a further 2,000m2 of factory space this year, bringing their total footprint to ...
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Amidst Covid-19, Catana posts annual sales growth
French catamaran builder, the Catana Group, reported its 2020 fiscal year results with a strong rebound in the last quarter ending August 30
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Winnebago releases strong Q4 and FY 2020 results
Chris-Craft credits new model introductions for record Q4 sales and production backlog through spring 2021