Latest News – Page 547
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NewsBeyond COVID-19
IBI’s new weekly reminder that despite the unique set of events gripping the world, there are positives out there.Today’s Beyond Covid-19 highlights new investments, innovations and marine firms doing their bit in the battle against the Coronavirus.
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NewsDutch sector seeks guarantee fund as economic outlook darkens over coronavirus
The coronavirus will force a 3.5% drop in Dutch economic growth this year, says ABN AMRO. The Netherlands’ third largest bank sees growth returning in 2021, possibly by as much as 2.5%.
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NewsWartsila undertakes test with ammonia as lead-up to possible new fuel
With the marine sector being a major source of greenhouse gas emissions, there is much talk in the global yachting and superyacht market about the development of potential new fuels such as hydrogen, LNG or ammonia. It is known that a number of superyacht projects are already being planned to ...
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NewsSuzuki to build US Marine Tech Center
Suzuki Motor of America is finalising plans for the Suzuki Marine Technical Center USA to be built on 20 acres of waterfront in Panama City, Florida. While an official groundbreaking date has not been set, site preparation is underway and exiting buildings on the property are in final renovation. Suzuki ...
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NewsProduction continues at German yards
If any representatives of the boating industry in Germany had been asked six weeks ago about the prospects for 2020, the answers would have been almost entirely optimistic, with a satisfied look back at a fabulous last year. But with the spread of Covid-19 in Europe, everything is different. But ...
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NewsBoating industry answers the call
Boat and yacht manufacturers are donating PPE for frontline medical workers to help curb the spread of Covid-19
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NewsVeleria San Giorgio leads fightback against Coronavirus
Italian lifejacket manufacturer turns its skills to making surgical masks for Ligurian hospitals
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NewsNorwegian firm develops 150hp electric outboard
Evoy’s new motor will have its world premiere in Florø later this season
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NewsNew Fiji resort commits to sustainability
The developers of Nawi Island embark on innovative ways to safeguard the environment
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NewsCoronavirus update | 26 March
NMMA issues statement | Cantieri del Pardo suspends production | BIA cancels three Australian shows
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NewsNMMA/MRAA: Boating industry must come together to prevent a financial body blow to entire ecosystem
The National Marine Manufacturers Association (NMMA) in the US today released the following statement: ”Over the last few weeks, the coronavirus – officially known as COVID-19 – has brought most aspects of everyday life to a grinding halt. With each passing day in this new reality, it is becoming increasingly ...
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NewsPrincess issues stark warning as government funds prove elusive
Danger to supply chain as UK builder says lack of government support could threaten operations
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NewsOcean Alexander COVID-19 Update
Florida-based Merritt Island Boat Works, which builds Ocean Alexander Yachts, reduces work force and production
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News€300m Ayia Napa marina due for completion ahead of summer Med season
The latest Cypriot marina development, the €300m Ayia Napa marina, is close to completion and will be ready in time for the Mediterranean summer season, although with the coronavirus pandemic it is not sure how that season might be impacted upon.
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NewsRegal Boats consolidates manufacturing operations
The projected economic impact of the Covid-19 pandemic has led leadership of Regal Boats to close its Valdosta, Georgia manufacturing facility and consolidate operations at its Orlando, Florida headquarters.
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NewsThree Australian shows cancelled for 2020
Three Australian boat shows – Sydney (July 30-Aug 3), Adelaide (June 28-30) and Brisbane (Aug 21-23) – have now been cancelled. The action follows earlier plans to just postpone them but, because of the further spread of Covid-19, the decision has been made to cancel all three events.
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NewsSunreef launches new projects amid stable interest
Sunreef founder Francis Lapp told IBI that business is strong Polish catamaran builder Sunreef Yachts says it has implemented a number of safety measures due to the coronavirus outbreak, but the company has not observed decreased interest in its craft from customers – and is working to ...
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NewsCoronavirus update | 25 March
Latest on Italian and Polish boating industries; Lippert, Lowe Boats suspend production; New Taiwan show dates
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NewsBrunswick increases liquidity
The marine industry’s largest company has extended its credit facilities and borrowing as a precautionary measure to increase liquidity and financial flexibility in the wake of substantial uncertainty stemming from the COVID-19 crisis
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