Latest News – Page 541
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NewsAzimut-Benetti to make partial start to a full reworking
While the regional government for Tuscany has stated that a full return to work would not be made until May 4, it has reportedly allowed the Azimut-Benetti Group to go ahead with an initial restart that involves around 500 or so workers, about one-third of the total workforce.
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NewsCentury Boats sold to PE firm
Private equity firm Sorfam Capital today announced that it acquired Century Boats in the middle of March for an undisclosed sum.
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NewsRV analyst sees no economic improvement before 2021
The recreational vehicle (RV) market in the US should bottom out during the current second quarter, but the industry faces a “long and bumpy road” to an economic recovery that won’t be seen before 2021 at the soonest, according to the industry’s leading analyst. The RV and recreational boating industry ...
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NewsEU roadmap for lifting of COVID-19 containment measures
The European Boating Industry association (EBI) has provided the following update from the EU recommending a coordinated approach to lifting Coronavirus restrictions across the region
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NewsAlia turns hull of first 36m all-aluminium shadow vessel
Turkey’s Alia Yachts has turned the aluminium hull of its 36m shadow vessel slated for delivery in 2021. Once complete it will support Project Phi, the 55m mothership currently in build at Royal Huisman in the Netherlands.
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NewsGurit reports Q1 results, COVID 19 impact
Gurit reported net sales of 136.1 million CHF in Q1, amidst a significant impact on its Asian business in the first quarter
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NewsNEEL Trimarans increases equity base with two new investment funds
For French multihull yacht builder NEEL Trimarans, 2020 will be a memorable year not only because of COVID-19. More significantly 2020 is the company’s 10th anniversary and it has taken steps to expand its equity base to underpin its future expansion. Earlier this year at boot Dusseldorf, the group announced ...
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NewsCox issues CXO300 production update
The UK’s Cox Powertrain today announced that assembly of its new CXO300 diesel outboard engine will proceed as planned at its Shoreham-by-Sea headquarters, while the company’s ramp-up production schedule will begin in Q3 when supply chains are hoped to be operating nearer pre-Covid-19 levels.
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NewsShakespeare Marine secures largest-ever UK manufacturing order from Asia
US-headquartered Shakespeare Marine has received an order from HNC Global Supplies Co in Korea for over 500 of its antennas.
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NewsMarinas, boat yards and boat plants re-open in three US states
On Saturday the governors of three US states announced the reopening of marinas, boat yards and marine manufacturing businesses that have been shut down for weeks as part of lockdowns related to the ongoing Covid-19 pandemic On Saturday the US leisure boating industry received a serious boost ...
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NewsBeyond COVID-19
IBI’s weekly reminder that despite the unique set of events gripping the world, there are positives out there. Today’s installment of ’ Beyond Covid-19’ highlights new investments, innovations and marine firms doing their bit in the battle against the coronavirus.
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NewsMonaco & Ft. Laurderdale show owner taps investors for funding
British-based Informa – a global events organiser and publisher – has turned to investors to raise £1 billion as a defense against the ”significantly deeper, more volatile and wide-reaching impact of the COVID-19 pandemic.”
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NewsRescheduled Palma show cancelled
The Palma International Boat Show, which was rescheduled from its original April 29-May 3, 2020 dates to June 4-7, has now been cancelled until late April-early May in 2021.
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NewsHylas Yachts expands presence in performance cruiser market
The Taiwanese-headquartered sailing yacht brand, Hylas Yachts, has strengthened its presence in the performance cruiser market with the launch of its new Hylas 60 model. In terms of design, the Hylas 60 brings together international input from German Frers for the exterior styling and construction design with an interior layout ...
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NewsAmerica’s Cup technology used to develop wind turbine blade
A wind turbine blade manufactured by ACT Blade, a spin-off of UK-based yacht sail developer SMAR Azure, has passed its first test with flying colours.
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NewsPolaris donations support ‘Goggles for Docs’
Nearly 1,300 Goggles Donated to Help Address Protective Eye Equipment Shortages Across the U.S.
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NewsCoronavirus update | 16 April
Ocean Signal prints medical visors; R&C ramps up hygiene controls; Monaco Yacht Show, Vendée Globe remain on course
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NewsMediterranean new-build yacht and refit yards start to reopen
With the lockdowns due to the COVID-19 pandemic being eased in countries such as Spain and parts of Italy, a number of yacht and superyacht new-build and refit facilities have started to reopen this week. France will stay in lockdown until at least May 11 and Monaco is set to ...
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NewsBRP takes further steps to manage COVID-19 impact
After slowing down and temporarily suspending manufacturing at all powersports and marine operations sites around the world, Canada’s BRP Inc. announced a series of additional measures – including cost-containment measures and employee compensation changes – to protect the company’s financial flexibility and long-term growth.” BRP’s marine-related products are captured in ...
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NewsMonaco Yacht Show remains on course for late September
The organisers of the 30th edition of the Monaco Yacht Show (MYS 2020), due to be held at Port Hercule from September 23-26, have issued a statement emphasising that the event is ‘still on course to take place’.
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