All articles by Craig Ritchie – Page 17
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News
Xylem Q1 revenues up 40%
Rule, Jabsco and Flojet parent raises full year guidance on strength of encouraging demand picture
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News
Wells Fargo – don’t expect US rate cuts till September
US bank’s April economic outlook says finance sector in a holding pattern, with no rate adjustments expected until Q3
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News
Siren Marine signs supply deal with KingFisher Boats
Adoption on select 2025 Kingfisher models marks Canadian OEM debut for US connectivity firm
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News
Record Q1 for Garmin
Consolidated sales up 20%, marine sales up 17% as electronics manufacturer reports record financial results across four of five business segments
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News
Navy Pier Marina set to begin construction this year
Downtown Chicago facility designed to encourage boating tourism receives final permits; grand opening scheduled for summer 2025
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News
Yamaha extends hydrogen competency with golf cart launch
Demonstration of H2-powered golf cart last week reveals continued progress in development of hydrogen propulsion systems
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News
Mixed Q1 for Hubbell Inc
Electrical equipment manufacturer reports revenue gains as cost increases reduce profits
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News
Damen Services Canada opens new service facility
New Victoria location to provide enhanced warranty, service support
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News
First quarter gain in US RV shipments brings optimism to US marine sector
A 9% year-over-year increase in wholesale camper deliveries through the first three months of 2024, combined with good winter boat show sales, suggest brighter days ahead for the leisure marine segment
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News
Aquitalia names US dealer
Chinese yacht builder expands into US market with appointment of United Yacht Sales as North American rep
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News
Lower volumes, higher prices lead to flat Q1 for Caterpillar
US engine builder reports slightly lower revenues but higher profits in “rewarding” first quarter of 2024
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News
Revenues down, margins up in mixed Q1 for Dometic
Lower revenues and earnings, partially offset by higher operating and EBITA margins, underscore divided results for marine and outdoor equipment manufacturer
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Green Technologies
Damen launches pilot vessel recycling initiative
A novel green recycling initiative in the Netherlands looks to one day commercializing vessel recycling
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Green Technologies
Can better diesels yield greater sustainability?
As most internal combustion engine builders move to explore the use of sustainable biofuels, a Chinese builder is striving to simply build a better diesel
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News
Brunswick Q1 revenues down 21% from record 2023
Results consistent with expectations in soft retail market, with strong winter boat show sales for Sea Ray, Boston Whaler
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News
Marine Products Q1 sales, profits down on soft US market
Reduced demand in the face of high channel inventory levels and elevated interest rates leads to double-digit declines for Chaparral, Robalo parent
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Boatbuilding Materials & Machinery
Insight | Strength in numbers
Sunstream aims to grow both volumes and profits by focusing its new Helix-P high-speed hydraulic boat lift on commercial marina applications
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News
MAN unveils CARB CHC emissions-compliant engine systems
New Commercial Harbor Craft standard applies to recreational vessels used for commercial purposes such as fishing charters
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Inboard engines
Decarbonisation: the near- and mid-term solutions
Investment in new platforms designed from the outset to run on alternate fuels represents the first step toward the inboard engine sector achieving its decarbonisation goals