All Boatbuilders articles – Page 165
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VideoIBI speaks with Alberto Galassi
Ferretti CEO speaks with IBI editor Ed Slack on how the Italian yard is fighting Covid-19, the future of boat shows and how the builder is transforming its business to meet the challenges of the ‘new normal’
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NewsRenaissance Marine reopens amid changes
Renaissance Marine, maker of Duckworth, Weldcraft and Northwest aluminium boats, reopened late last week ahead of Washington state’s Phase 2 reopening plans, but amid myriad changes that many manufacturers may be facing. The Clarkston, Washington-based builder resumed operations under a provision allowing non-essential businesses “to preserve the value of their ...
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NewsNerea Yacht announces sale of NY24 Dark Bronze Deluxe
Nerea Yacht, the new Italian yacht brand that launched into the market last year, has announced the sale of its first NY24 Dark Bronze – a Deluxe version day cruiser that was exhibited at boot Düsseldorf in January.
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NewsHeysea Yachts launches 10th Asteria 108
Heysea Yachts, China’s most active superyacht builder, has just launched the tenth model in its successful Asteria 108 series. The 33.1m (108ft) vessel is set to be delivered in mid-June, after which it is scheduled to spend six months in Hong Kong followed by a voyage to Melbourne, Australia.
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NewsEcho Yachts unveils Project Echo-HSV
Australian superyacht new-build and refit specialist Echo Yachts has released details of its latest design – Project Echo-HSV, a Humanitarian Support Vessel that utilises the same platform and principal particulars as its earlier Project Echo-ASY Adventure Support Yacht catamaran motoryacht.
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NewsHorizon launches first FD102 superyacht for US client
Taiwanese boatbuilder Horizon Yachts has launched its first FD102 superyacht for American owners. Hull No 2 of the 32m fast-displacement vessel is on schedule to arrive in Ft Lauderdale in June and will make its debut at the 2020 Ft Lauderdale International Boat Show in late October.
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NewsElan to restart production next week
Elan’s managing director, Marko Skrbin, told IBI that the company ceased all production on the 16th of March in order to comply with government recommendations and in the interest of the safety of the company’s staff. As a result, the launch of its new GT6 sailing yacht has been ...
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NewsTankoa Yachts resumes full-time work on S501
Italian superyacht-builder Tankoa Yachts has resumed full-time work on S501, the fifth project in the Tankoa fleet and the third hull in its 50m all-aluminium series, following the easing of lockdown measures in Italy last week.
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NewsGrand Banks resumes operations
The Board of Directors of Grand Banks Yachts Limited announced today that the group’s manufacturing yard in Pasir Gudang, Malaysia has received approval from the Government of Malaysia to resume operations with immediate effect. Grand Banks Malaysia Grand Banks’ production facility in Malaysia employs 667 workers. The ...
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NewsItalian yards come to terms with new working conditions
With most, if not all, of Italy’s yacht-builders having returned to work this week, many are coming to terms with the health and safety rules set by the government, medical authorities and trade unions to cope with the COVID-19 pandemic and support a gradual easing of the lockdown. A survey ...
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NewsMalibu Boats feels Covid pinch in otherwise strong Q3 results
Malibu Boats CEO Jack Springer said the company’s third quarter was a “tale of two environments”, reflecting the impact of Covid-19 Tennessee, US-based boatbuilder Malibu Boats Inc said its third quarter of 2020 started off strongly before plant and dealership closures related to the arrival of the ...
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NewsCovid-related production disruptions lead Mastercraft to $36.7m Q3 loss
March production cutbacks lead to 20% YOY drop in net sales, 32% drop in gross profit
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NewsOrion and Smuggler awarded High Court costs from Sealegs
Following a lengthy court battle lasting almost four years, the Auckland High Court in New Zealand has sealed an order for costs against amphibious boatbuilder Sealegs. This brings the total of costs awarded against Sealegs to circa $500k with the costs to be paid immediately.
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NewsSanlorenzo signs €10m financing contract
Italian superyacht-builder Sanlorenzo has signed a €10m financing contract with Cassa Depositi e Prestiti (CDP), a prominent Italian investment bank, to fund new investment in research, development and innovation for the period from 2020-2022.
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NewsSA yards reopen subject to 50% staffing limit
South African boatbuilding yards reopened on Monday subject to a 50% staffing limit and strict social distancing protocols. This follows an easing of the country’s ‘hard lockdown’ – from the maximum level five to level four – to allow a partial reopening of the economy beyond essential services.
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NewsBrunswick Q1 ‘resilient’ despite COVID-19 impact
Brunswick Corporation released first quarter 2020 financial results and reported a strong pre-coronavirus performance, with “resilient operating margins despite COVID-19 impact”
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NewsBeneteau responds to crisis
Beneteau has restarted production at three of its sites as half year earnings announced; CEO takes salary reduction, new strategic plan to follow in July to reflect deep transformation of its markets
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NewsDynamiq presents new yacht developed in collaboration with German car tuner Klassen
The GTM90 was due to have been launched at the now-cancelled Geneva Motor Show
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NewsStrong quarter at Grand Banks, but sharp decline expected
After logging new sales in the quarter ending March 31, Grand Banks anticipates a sharp downturn and more layoffs in light of an extended shutdown at its main Malaysian plant
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NewsMarquis Yachts notifies state of June layoffs
US boatbuilder to temporarily lay off more than 100 workers due to slowdown in business
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