Latest News – Page 541
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NewsOXE Marine publishes first quarter results
Swedish outboard engine maker OXE Marine discussed the impact of Covid-19 on the company’s results for the first quarter of 2020, ending March 31
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NewsDutch builder expands yard in response to “growing demand”
Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.
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NewsRiva launches first new model of 2020
Italy’s Ferretti Group launched the Riva 88’ Folgore at its shipyard in La Spezia on Monday, marking the company’s first model launch of 2020. The La Spezia facility is dedicated to the construction of Riva yachts from 76ft-110ft in length.
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NewsICOMIA names new president, board appointments
The International Council of Marine Industry Associations (ICOMIA) has announced a number of board appointments in the wake of its annual general meeting last week, including the election of Sara Anghel as its new president.
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NewsCaribbean island locations start to open up
The Caribbean islands are in the early stage of opening up after tough lockdown regulations were put in place to cope with the COVID-19 pandemic. The Dutch Antilles island of Aruba has announced that it will open from June 15 and Grenada has also received its first yacht arrivals with ...
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NewsCXO300 diesel outboard enters production
Cox Powertrain has announced the start of production of its 300hp diesel outboard engine, the CXO300, at its UK headquarters and advanced assembly and test facilities in Shoreham, West Sussex.
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NewsPandemic drives US boat sales
“Sales have exploded over the past four weeks.” That sentiment, expressed to IBI by Clarks Landing Yachts Sales general manager Dave Patnaude, is seemingly shared by a variety of boat dealers across the US. His two locations in Maryland and one in New Jersey have seen around US$4m in sales ...
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NewsOXE Marine selects US manufacturing partner
Sweden’s OXE Marine AB has chosen Outdoor Network Manufacturing (ONM) in the US to serve as its manufacturing partner in the US.
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NewsInvincible Boats lives up to its name
Despite losing about six weeks of production to the COVID-19 pandemic, Invincible Boats is on track to reach its calendar year 2020 production goals, though its fiscal fourth quarter – which ends in July – will likely offset gains made in the first half of the fiscal year. Exempt from ...
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NewsInterview with Sunseeker’s Andrea Frabetti (trailer)
IBI’s Ed Slack interviews Sunseeker CEO about post-Covid buyer demand, new production strategy, forward forecasts, and plans for Cannes
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NewsObituary: Nic Johansen
Nic Johansen, CEO of Elvstrøm Sails Sarl France, passed away suddenly last week.
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NewsWorld Marinas Conference postponed to 2021
The International Council of Marine Industry Associations (ICOMIA) and P&O Marinas have announced the postponement of the ICOMIA World Marinas Conference to October 2021. The event was originally due to take place from October 13-15, 2020 at P&O’s new marina in Port Rashid in Dubai.
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NewsRobertson & Caine looks to make up lost production as SA economy reopens
South Africa’s biggest yard is to ramp up production under new health and safety regulations
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NewsMarco Valle appointed CEO of Azimut-Benetti
Franco Fusignani will remain on the group’s board of directors
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NewsMonaco Yacht Show to proceed as non-profit event
Following concerns voiced by key players in the superyacht industry, the Principality of Monaco and Informa are working together to deliver an intimate, not-for-profit event in September 2020
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NewsMarine stocks benefit from ‘Staycation’ trend
Shares of Dometic Group, noted Bloomberg, have jumped 71% since the end of March, topping Europe’s Stoxx 600 Index for the same period.
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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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NewsGreece gears up for busy 2020 boating season
Greece ended its lockdown on May 4 and is still successfully dealing with Covid-19, so businesses are gradually reopening – some sooner than initially expected. High temperatures (higher than usual for May) of up to 37-40 degrees Celsius have also helped.
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NewsNew Zealand faces America’s Cup dilemma
The New Zealand government is faced with losing the prestige and financial incentives of hosting the America’s Cup or giving up the huge advantage gained from its yeoman effort to contain the coronavirus early. And amid teams clamouring for information, the Kiwis are playing their cards close to the vest. ...
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NewsSanlorenzo returns to full production, launches first 44Alloy
Italy’s Sanlorenzo has launched its first 44Alloy, an all-aluminium fast displacement superyacht that will make its official debut later this year.
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