Latest News – Page 560
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NewsDamen Shipyards Group names new COO
Damen Shipyards Group has named Marc van Heyningen as its next chief operations officer as of April 1. He joins after years at Fluor Corporation, a US engineering, construction and maintenance giant where his last position was vice president of operations.
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NewsDometic Marine closes Pennsylvania facility
Dometic Marine, formerly SeaStar Solutions, closed its facility in Limerick, Pennsylvania on Friday after the state ordered all “non-life-sustaining” businesses to close for an undetermined period of time to help stem the spread of COVID-19. The facility will remain closed as long as the order is in effect. “We recognise ...
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NewsCoronavirus update | 20 March
Mercury employee dies; Brunswick suspends production; Sunseeker to reduce workforce; New dates for Palm Beach, Singapore shows
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NewsBRP reports on 2020 results and COVID-19
The Canadian company said 2019 was an “incredible year” and was very bullish about the upcoming year prior to the coronavirus outbreak with top-line growth projected across all product segments
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NewsWith many closures already, Volvo alters dividend proposal
In light of Group operations which are – or will be – temporarily closed, the Board of Directors will withdraw its proposal foran extra shareholder dividend given the significant changes in the business environment since announcing 2019 financial results
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NewsDometic expects negative impact on Q1 results
Sweden’s equipment manufacturer Dometic Group warned of a negative impact on demand and financial results in the company’s first quarter, and withdrew the previously proposed dividend for investors
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NewsDelta ‘T’ Systems appoints sales and service provider
Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has appointed Dania Beach, Florida-based Gillen Yacht Services as its newest authorised sales and service provider.
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NewsChinese boatbuilding regains traction; HK market still down
Boatbuilding in China appears to be regaining traction, according to Simon Boyde, director of Hong Kong-based Storm Force Marine. In Hong Kong, however, the market remains down. Storm Force is a leading supplier of marine equipment to the boatbuilding industry throughout the region. Speaking about business in China, Boyde says: ...
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NewsSunseeker to temporarily reduce workforce, salaries
The measures are part of an effort to avoid compulsory redundancies
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NewsBrunswick temporarily suspends production
New work schedules will begin to take effect from Monday 23 March
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NewsPrivilège strengthens international sales team
Privilège, the French catamaran brand owned by Germany’s HanseYachts, has expanded its international sales team with sales manager Anna Nowotarska. Following a career of 14 years in the yachting industry, Nowotarska has a high level of expertise.
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NewsUK marine development to create around 2,000 jobs
Around 2,000 new marine sector jobs stand to be created in the south of England in a £1.5bn-plus project planned over the next decade by Portsmouth City Council (PCC) at its Tipner West site.
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NewsCoronavirus update | 19 March
NMMA issues Covid-19 statement | Invincible Boats maintains production | Liqui Moly defies virus with staff bonus | Grand Banks closes Malaysian yard
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NewsTemporary closure at Grand Banks Malaysian yard
In compliance with government orders, Grand Banks Yachts has closed its manufacturing operation in Pasif Gudang, Malaysia where it employees 763 workers, for a 14-day period; no material impact expected
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NewsInvincible: online to replace boat shows, operations continue
Invincible Boats, which began the new year with a new catamaran, new marketing campaign and a new push into international markets, is adjusting to the changing market conditions brought on by the COVID-19 pandemic and, thus far, is continuing normal manufacturing operations.
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NewsThe remarkable rise of Candela
How the Swedish company Candela Speed Boat is changing electric boating with an advanced foiling boat concept
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NewsYacht chartering in times of the coronavirus
Ümit Uzun With many countries closing borders, both via land and air, Europeans will find it difficult to reach the Mediterranean Sea. But what about boat charter holidays booked for the Med this summer season? Ümit Uzun, CEO of Würzburg, Germany-based charter brokerage Charterbar Yachting, explains how ...
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NewsNMMA reassures members concerned about Covid-19 and its impact on the industry
The National Marine Manufacturers Association (NMMA) in the US has sent an email to its members, reassuring them that the NMMA remains open for business and is working hard to protect the industry. The statement reads as follows: Dear Valued NMMA Members, NMMA President Fred ...
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NewsLiqui Moly defies Covid-19 with generous staff bonus
German oil and additive specialist Liqui Moly has reacted to the coronavirus crisis by paying a bonus of €1,000 to all of its employees.
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NewsSurvitec names new executive chairman
Survitec, the UK-based marine safety and survival specialist, has appointed Ron Krisanda as executive chairman for its worldwide life-saving equipment business.
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