Latest News – Page 565
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NewsBrunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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NewsSchaefer Yachts sees advances in its US business
Brazilian boatbuilder Schaefer Yachts says it is committed to continuing its efforts to develop the Schaefer line of motoryachts in the US market with a focus on styling and quality.
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NewsDubai’s Mina Rashid Marina to host IWMC 2020
Dubai-based P&O Marinas, a sustaining member of the International Council of Marine Industry Associations (ICOMIA), has announced that Mina Rashid will be the venue for the 2020 ICOMIA World Marina Conference. The event will be held from October 13-15.
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NewsDogus sells 50% stake in Greek superyacht marina
The 50% stake in the Athens superyacht facility, Flisvos Marina, owned by Turkey’s Dogus Group has reportedly been sold to Lamda, owner of the remaining 50% share. According to Greek newspaper Kathimerini, the sale was achieved through an agreement that Lamda had with Dogus, giving the former a first refusal ...
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NewsInternational trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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NewsLife after NEO - Greenline lays out future strategy
The Slovenian builder is doubling down on its eco-strategy with the US set firmly in its sights
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Serbian group to invest in new Italian marina
Serbia’s MK Group has announced plans to invest some €110m (US$121m) to boost its presence in the Adriatic Sea, including a project to build a new marina in Italy’s Trieste.
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NewsAxopar 37 range reworked after only four years
Since it started operations in 2014, the Finnish Axopar brand has grown into the largest boating company in the Scandi countries. In that time it has sold over 2,200 boats which are now active in some 70 countries and another 500 or so are on order. The company has developed ...
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NewsToronto show ends on positive note
In spite of an attendance drop from the heaviest snowfall of the year falling on its opening weekend, exhibitors at the Toronto International Boat Show reported good sales at Canada’s largest boat show.
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NewsSafe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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NewsSoft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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NewsInmarsat names new Yachting Ambassador
Record-breaking sailor Nick Moloney to help boost company’s profile
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NewsSri Lankan builders make first-time Düsseldorf appearance
The first-ever national stand for Sri Lanka was presented at boot Düsseldorf last week. Supported by the Sri Lankan Board of Investment (BOI), it was occupied by a small number of boatbuilders and a charter company.
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NewsRecreational boating opposes ‘Right to Repair’ legislation
The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed by ...
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NewsNuova Jolly appoints exclusive Indonesian dealer
Nuova Jolly, the Italian inflatables specialist, has chosen Yacht Sourcing to serve as its exclusive dealer in Indonesia, Thailand and Singapore.
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NewsAre inland boaters being ignored? – Moves underway to raise profile of sector
Inland Waterways International hosts day-long Düsseldorf event
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YPI appoints yacht management partner
Adrian Tinkler joins the global superyacht brokerage from Burgess
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NewsArksen expands model range, launches new eco-initiatives
New partnership for smaller craft and adventure syndicate
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NewsABYC announces second annual Educator Training Conference
The American Boat and Yacht Council (ABYC) has opened registration for its second annual Educator Training Conference, scheduled to be held from July 21-23 in Annapolis, Maryland.
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