All articles by Craig Ritchie – Page 10
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News
Alumacraft focused on gaining fishing market share with multiple new models
US boatbuilder launches several new models aimed at capturing serious freshwater anglers at MY2025 dealer event
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News
Manitou targets price-conscious buyers with new pontoon models
US boatbuilder aims to bring “traditional Manitou performance” to new buyers with new Cruise models targeting the value segment
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Lippert posts 4% Q2 revenue gain
Continued softness in recreational marine segment offset by higher OEM and RV sales in recovering RV segment
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News
IBEX names new show director
Mary Velline to operate North America’s largest leisure marine trade event
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Caterpillar Q2 revenues down, adjusted profits up
Single-digit revenue decrease offset by record adjusted operating profit for US engine builder
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News
Johnson Outdoors Q3 revenues down 8%
US electronics, watercraft builder to “evaluate all aspects of the business” in face of continuing losses
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KVH Q2 revenues dip by 15%
Quarterly result includes $1.2m in employee termination costs related to wind-down of satcom terminal manufacturing business
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Baltimore marina sold
New buyer plans significant redevelopment of former Yacht Basin Marina, including new docks, new commercial space and Freedom Boat Club franchise
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Mixed Q2 for Myers Industries
US fuel tank builder posts revenue gains but lowers full-year guidance on continued softness in recreational end markets, including marine
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Cummins posts record Q2 revenues of $8.8bn
US engine builder reports record sales and higher profitability in strong second quarter, leading it to raise full-year guidance
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Hydrogen
Hydrogen on Demand
New technology to generate hydrogen on the fly eliminates the need for bulky high-pressure fuel tanks, suddenly making the technology more practical for commercial vessels and luxury yachts alike
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News
ABYC publishes updated build and repair standards
Free webinar on August 14 to review updated standards and available compliance resources in order to meet MY2026 requirements
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Garmin Q2 revenues up 14% to record $1.51bn
Electronics giant marks fourth consecutive quarter of double-digit growth, with marine segment revenues up 26%
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News
Suntex expands marina management portfolio
New agreement will see US marina company operate Port of Kimberling resort complex
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Avikus establishes US sales office
South Korean tech firm opens new office in Fort Lauderdale to support OEM, aftermarket sales and service
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News
Hubbell Q2 revenues climb 6%
Electrical Solutions segment, including Hubbell’s leisure marine business, down 2% despite margin expansion and operating profit gains
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News
Xylem Q2 revenues up 26%
Rule, Jabsco and Flojet parent raises full-year guidance on strong earnings despite softer performance in leisure marine segment
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News
Marine firms collaborate to launch electronic anode replacement
CMP Group, Piombino Tech and Quality Mark claim new cathodic protection platform represents a more sustainable alternative to traditional zincs