Latest Company News – Page 196
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NewsDutch builder expands yard in response to “growing demand”
Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.
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NewsCXO300 diesel outboard enters production
Cox Powertrain has announced the start of production of its 300hp diesel outboard engine, the CXO300, at its UK headquarters and advanced assembly and test facilities in Shoreham, West Sussex.
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NewsPandemic drives US boat sales
“Sales have exploded over the past four weeks.” That sentiment, expressed to IBI by Clarks Landing Yachts Sales general manager Dave Patnaude, is seemingly shared by a variety of boat dealers across the US. His two locations in Maryland and one in New Jersey have seen around US$4m in sales ...
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NewsOXE Marine selects US manufacturing partner
Sweden’s OXE Marine AB has chosen Outdoor Network Manufacturing (ONM) in the US to serve as its manufacturing partner in the US.
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NewsInvincible Boats lives up to its name
Despite losing about six weeks of production to the COVID-19 pandemic, Invincible Boats is on track to reach its calendar year 2020 production goals, though its fiscal fourth quarter – which ends in July – will likely offset gains made in the first half of the fiscal year. Exempt from ...
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NewsInterview with Sunseeker’s Andrea Frabetti (trailer)
IBI’s Ed Slack interviews Sunseeker CEO about post-Covid buyer demand, new production strategy, forward forecasts, and plans for Cannes
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NewsRobertson & Caine looks to make up lost production as SA economy reopens
South Africa’s biggest yard is to ramp up production under new health and safety regulations
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NewsMarine stocks benefit from ‘Staycation’ trend
Shares of Dometic Group, noted Bloomberg, have jumped 71% since the end of March, topping Europe’s Stoxx 600 Index for the same period.
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NewsPolish cat builder to double revenues in 2020
Sunreef CEO and founder Francis Lapp As Polish boatbuilders continue their production activities despite the coronavirus lockdown, luxury catamaran builder Sunreef Yachts says it expects to double its revenues this year to around €130m (US$141m), and has a full book order until the end of 2021. Francis ...
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NewsNew Balance 442 voyaging catamaran ready for tooling
Balance Catamarans has finalised the design of its latest model, the Balance 442, which is now ready for tooling, the company confirmed this week. The 442 is a scaled-down version of the Balance 482 and will be produced in Cape Town by veteran builder Mark Delaney, owner of Balance Catamarans ...
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NewsMarineMax amends credit facility; comments on retail trends
America’s largest recreational boat retailer anncounced today that it has expanded its financial capacity by extending the term of it’s $440 million credit facility
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NewsCRN picks up 2020 Muse Creative Award
The Ferretti Group brand wins Silver for its Instagram account
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NewsSeaVee Boats resumes full operations
SeaVee Boats’ consolidation of three small manufacturing facilities into a 220,000sq ft production centre last December achieved the goals of improving manufacturing flow, but no one could suspect the new facility would help the Medley, Florida-based custom builder manoeuvre its way through a global pandemic.
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NewsBurger Boat Company in hiring mode
Burger Boat Company, the 157-year-old builder of custom yachts and commercial vessels, is in hiring mode.
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NewsQuestion marks hang over future of Perini Navi
Speculation circulating in Italy today suggests that Perini Navi, a leading sail and motor superyacht builder, is suffering severe financial issues which may result in it entering bankruptcy while a restructuring plan is developed and implemented. The source of the speculation was an article into today’s Milano Finanza, an Italian ...
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NewsIBI speaks with Princess Yachts chief Antony Sheriff (trailer)
In this clip, Antony Sheriff of Princess Yachts discusses ways in which competitors have been able to share best practices on Covid-19 and found common ground to work together for the industry as a whole. Watch the trailer here or IBI Plus subscribers can go directly to the full ...
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NewsDutch firm picks up Sonihull Distributor of the Year award
After what it describes as an unprecedented year of growth and dealer appointments, Sonihull has revealed the winner of its coveted Distributor of the Year Award for 2019 – Lamers System Care, based in Uden, Netherlands.
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NewsSilent-Yachts partners with Ecoworks Marine
Silent-Yachts, the Austrian producer of solar-electric catamarans, has formed a new partnership with Ecoworks Marine. Under the terms of the agreement, Wilent will equip and deliver all new yacht models with a full starter package of sustainable cleaning products made by Ecoworks Marine.
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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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