Latest Company News – Page 204
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NewsHanse maintains production pace; sold out until June
HanseYachts’ CEO has provided an update on the company’s status for clients, suppliers and shareholders in the wake of the Coronavirus crisis: “We are producing and are able to deliver.”
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NewsSF Marina continues global expansion
SF Marina, the Swedish manufacturer of floating concrete breakwaters, docks and waterfront structures, has started operations at its new manufacturing facilities in Malaysia and Thailand. This is in addition to expanding its production sites in Sweden, the US and New Zealand.
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NewsGarmin named IBBI supplier of the year
Garmin International Inc has been named supplier of the year by US-based purchasing cooperative Independent Boat Builders Inc (IBBI). This marks the second consecutive year that Garmin has been awarded the designation.
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NewsInvincible Boats expands Down Under
Invincible Boat Company, a US-based builder of saltwater sportfishing and high-performance boats, has appointed Sydney-based Boat Monster as its distributor for Australia and New Zealand.
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NewsVolvo issues statement on Covid-19
Sweden’s Volvo Group has issued an update on the impact of Covid-19, stating that there is a “considerable risk of material financial impact on the Group as from mid-March.”
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NewsTwin Disc Pacific moves to new regional headquarters
The state-of-the-art facility in Eagle Farm, Brisbane also operates as a distribution centre
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NewsDutch builders embrace remote working as coronavirus crisis deepens
As the coronavirus tightened its grip on the Netherlands, workers at Dutch yacht-builders have begun working remotely from home. And those who cannot work remotely – such as painters, carpenters and electricians – are kept at a safe distance from one another even if that requires organising separate shifts.
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NewsQueensland government to trial Brisbane SY mooring
A dedicated superyacht mooring buoy will be installed at Kangaroo Point for 12 months
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NewsBrunswick wins ‘Best of CES’ award
Brunswick Corp has been named as one of Exhibitor Magazine’s 2020 ‘Best of CES’ award winners. The program honours the top 20 exhibitor stands from among more than 4,500 at the 2020 Consumer Electronics Show (CES) in Las Vegas.
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NewsAzimut introduces new measures to cope with COVID-19
Azimut Yachts, part of Italy’s Azimut-Benetti Group, has introduced new measures to cope with the impact of COVID-19 and to align production with slowdowns in the supply chain.
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NewsPrincess calls for collective approach and need for major industry rethink in response to COVID-19
Speaking to IBI yesterday, Kiran Haslam, chief marketing officer for Princess Yachts, said that the boating industry may have to rethink how it markets its products after the wake-up call from the coronavirus (COVID-19).
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NewsGulf Craft names preferred Australian service centre
Gulf Craft, the Middle East’s largest yacht builder, has expanded its global service network by appointing Gold Coast City Marina & Shipyard (GCCM) as its preferred Australian facility. The brand is also looking to continue its global expansion with the appointment of new distributors in more than a dozen identified ...
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NewsAdmiral Powercats to launch new hybrid RIB into recreational market
Cape Town builder Admiral Powercats plans to launch a recreational version of a new generation surf rescue vessel that is being integrated into South Africa’s National Sea Rescue Institute fleet.
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NewsYanmar partners with French finance specialist
Yanmar Marine International has signed a new partnership with boating insurance and financing specialist April Marine to offer affordable payment options to leisure customers buying Yanmar engines in France.
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NewsSwedish electric boat start-up receives €5m capital injection
X Shore, a Swedish technology start-up behind the development of a new range of fully electric boats, has received a €5m capital injection led by Peter Dahlberg, founder and former group CEO of veterinary firm AniCura.
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NewsBeneteau Group releases statement on Covid-19
Limited impact on Group to date says French boatbuilder
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Winch Design reports 5.9% growth in 2018-19
UK superyacht design studio, Winch Design Ltd, saw turnover hit £31.1m for its 2018-19 fiscal year, a 5.9% rise on the £29.3m it generated the previous year. Profits after costs and tax were £4.42m, down 10.3% (£4.93) on 2017-2018.
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NewsPropspeed expands Australian presence
Propspeed, the New Zealand-based supplier of underwater top-coatings, has partnered with two new distributors in Australia – Sam Allen Wholesale and All Marine Spares.
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NewsBarrus adds new range of electric outboards
The UK engine distributor has added Shire electric outboards to its marine portoflio
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NewsMorbern wins 2020 Best Managed Company award
The marine fabrics manufacturer was one of only 30 companies across Canada to receive the designation
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