Latest Company News – Page 175
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Italian yacht-builder opens Australian office
Italy’s Cantiere delle Marche (CdM) has announced the opening of a new Australian office.
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Sharrow Marine to build new manufacturing headquarters in Detroit
Sharrow Marine has announced plans to build its global manufacturing headquarters for the award-wining Sharrow Propeller in Detroit, Michigan.
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NEEL Trimarans sets up dedicated trimaran charter firm
Trimaran Yacht Charter is a wholly owned subsidiary of the French firm
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Suzuki’s Thai factory produces one-millionth outboard
The plant manufactures 12 models of four-stroke outboards from 2.5hp-30hp
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Fairline takes boat configurator to the next level with bespoke video illustration
Following the launch of Fairline Yachts’ F//LINE 33 configurator site, the brand has unveiled phase two of the platform, where users receive a fully bespoke, personalised video of their configured boat in action.
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WhisperPower opens new Spanish office
Dutch power and propulsion specialist WhisperPower has announced the opening of a new Spanish office and warehouse in Ganida, near Valencia. As of December 1, 2020, WhisperPower Iberica will operate an independent and dedicated sales and service centre to aid current and future customers in Spain and Portugal.
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Drettmann Yachts celebrates 50 years of yacht sales
Drettmann Yachts, a name long associated with the German yachting sector, has reached a milestone in 2020 in that it has been active in the yacht sales market for half a century.
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Michigan dealer expands with a focus on first-time boat buyers
A successful Michigan boat dealer is riding a wave of demand for boats by opening a third location that will focus on the first-time and entry-level boat buyers. Grand Bay Marine, founded in Traverse City in 1997, is converting a former freight warehouse into a 20,000sq ft showroom and pro ...
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Inmarsat takes on Speedcast’s maritime customer contracts
The move comes as Speedcast looks to emerge from Chapter 11 proceedings in the US
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Hill Robinson Group expands with rebranding and management appointments
Moravia Yachting relaunched to offer retail charter and brokerage services
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Boarnstream becomes Netherlands dealer for Spain’s Rodman Group
Boarnstream has been named dealer for the Netherlands for the fast leisure boats of Spain’s Rodman Group. The Dutch builder says it “has long been looking for a high-quality brand” to broaden its offering of motoryachts.
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Changes in ownership group of Fountaine-Pajot and Dufour
Compagnie du Catamaran, the controlling holding company of the Fountaine-Pajot group and Dufour Yachts, has announced a change in its shareholding. The investor Next Stage, a minority shareholder in the La Rochelle-based shipyard, is being replaced by private equity investor Arkéa Capital, which intends to work alongside members of the ...
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Italian start-up plans Series A crowdfunding campaign for electric hydrojet
Sealence hopes to raise €7m in financing
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ePropulsion appoints Italian distributor
ePropulsion, the marine electronic propulsion specialist from Hong Kong, has appointed Commerciale Selva as its new distributor in Italy.
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Vision Marine IPO opens higher, shares soar in first day of trading
Vision Marine Technologies’ first day of trading on the US Nasdaq saw its IPO open 10% higher, at US$11.03 per share, then gaining 72% at its peak before some profit taking closed the day at US$13.69, nearly 37% first-day growth. The Quebec, Canada-based manufacturer of E-Motion electric outboard powertrains announced ...
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Helm becomes Dufour Catamarans agent
London-based broker Helm has become the UK sales and charter agent for Dufour Catamarans.
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E-Motion outboards to go public, Vision to price placing
Vision Marine Technologies, the Canadian firm behind the E-Motion electric outboard, has announced an initial public offering of 2.4 million common shares at US$10 per share to raise US$24m before offering expenses. The new stock will be offered on the Nasdaq under the ticker symbol ‘VMAR’ with trading beginning today ...
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Nanni in supply deal with Integrity Boats
French engine manufacturer Nanni has announced that its N6.285CR2 engine has been chosen by Integrity Boats to power its latest model, the Classic 440 Sedan.
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Cyclops Marine expands Down Under
Cyclops Marine, the UK-based developer of load sensors for sailors, has appointed Any Port Marine as its new distributor for Australia.
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Brunswick’s boat club touts record year
The Freedom Boat Club model is proving a win-win for parent company Brunswick Corporation and individual franchise operators which are enjoying strong growth