Latest Company News – Page 201
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NewsTwin Disc reducing salaries, staff to combat COVID-19
Twin Disc, the maker of marine and off-highway power transmission equipment, has announced a series of…
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NewsEcoworks Marine appoints NZ distributor
UK-based Ecoworks Marine has expanded into the Southern Hemisphere with the appointment of 37 South as its official distributor in New Zealand.
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NewsYanmar establishes new marine company
In order to better to support the continued growth of its marine business, Osaka, Japan-based engine builder Yanmar has established a new company operating as Yanmar Marine International Asia (YMIA).
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NewsMcConaghy shipyards in China and Australia fully operational
McConaghy, the builder of high-performance and specialised mono- and multi-hull yachts and superyachts, states that its yards in Australia and China are both fully operational.
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NewsTwo more flagship Silent 80 catamarans sold
Silent Yachts has sold six units of its flagship model since launch
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NewsDLBA uses AI technology to develop new superyacht concept
US-based DLBA Naval Architects is developing a 58m superyacht concept that thinks through all the vessel systems to see where artificial intelligence can take the superyacht experience to the next level.
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NewsArcadia Yachts announces sale of new Sherpa XL
The Italian builder also has another four yachts on order
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NewsRolls-Royce uses financial measures to combat COVID-19 challenge
Measures include a dividend cut, revolving credit and reduced salaries
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NewsAmels on track to launch nine yachts in 2020
Dutch superyacht maker Amels is confident it will be able to launch nine yachts in 2020, despite the coronavirus’ debilitating impact on the company and the Dutch economy as a whole.
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NewsPrincess Yachts appeal to UK government answered
Following an urgent request for government backing made by its executive chairman Antony Sheriff on the 26th March, Princess Yachts has managed to secure the funding which it was being denied as an apparent oversight in the government’s Corona Large Business Interruption Scheme. Initially the company was caught in the ...
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NewsMaverick Boat Group adapts to remain operational
Maverick Boat Group (MBG) continues to build its four brands at two locations in Fort Pierce, Florida, despite the challenges of producing product under the rules of engagement with the COVID-19 virus, and company CEO Scott Deal went to Facebook on Friday to make it clear.
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NewsSA boatbuilders start to cut salaries as possible lockdown extension looms
South African boatbuilders have started cutting salaries or forcing employees to take unpaid leave due to the coronavirus lockdown, according to results of an industry survey.
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NewsPolish builder continues production, exports despite coronavirus outbreak
Polish boatbuilder Balt-Yacht says that, despite the ongoing coronavirus outbreak, its sales have not significantly decreased, with only a handful of orders cancelled by customers. The company is also proceeding with exports of its yachts.
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NewsRiviera launches online boat show
Australian motoryacht builder is launching its own boat show, featuring a limited selection of new Riviera and Belize motoryachts that will be available for enjoyment in the near future. The show is intended to inspire new owners to start thinking about the coming boating season and their future boating escapes.
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NewsMarine manufacturers seek out production opportunities
US marine manufacturers large and small continue to look for opportunities to aid in the fight against the COVID-19 pandemic while keeping people safe and working.
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NewsSHOXS in supply deal with Royal National Lifeboat Institution
Canada-based marine seating specialist SHOXS has announced that the UK’s Royal National Lifeboat Institution (RNLI) has chosen the company’s suspension systems to refit and upgrade its Severn class lifeboats.
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NewsDometic picks up 2020 Red Dot design award
Dometic has picked up a 2020 Red Dot design award for its CFX3 powered cooler/freezer box.
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NewsTorqeedo marks delivery of 100,000th electric drive
Torqeedo CEO and co-founder Christoph Ballin Source: Christian-Brecheis Torqeedo, the German electric propulsion specialist, is celebrating the delivery of its 100,000th electric drive – an important milestone for the German engineering firm which is also celebrating its 15th year of business in 2020. The delivery went to ...
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NewsSome US boat dealers note sales uptick despite Covid-19
Interest rate cuts and low fuel prices said to drive interest in boating as a means of social distancing
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NewsBRP temporarily halts or slows down global operations in response to Covid-19
Bombardier Recreational Products (BRP) has announced that, due to the rapid evolution of the COVID-19 situation, the company is temporarily suspending or slowing down all powersports and marine manufacturing operations around the world. These actions, says BRP, will allow the company to evaluate and respond to the changing conditions, as ...
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