All articles by Michael Verdon – Page 3
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Comment | Stern Talk: I thought that I’d have to introduce some basic yacht building practices, but I was amazed by their systems”
Vicem yachts’ new ceo is moving the Turkish yard forward by combining modern and traditional methods
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World news focus | Yamaha: Best in SHO?
Yamaha Marine Group recently held its largest-ever launch of new products. Its biggest breakthrough was the VMAX SHO, a four-stroke outboard series aimed at the heart of the two-stroke bass boat market
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Comment | Stern talk: “We paint to the highest standards. Our facilities offer complete control over humidity, dust and temperature”
One of the industry’s leading specialist managers explains the secrets of AMELS’ refit success
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World news focus | US stocks: Swimming in red ink, soaring share prices
After a year of financial losses, share prices for Brunswick and MarineMax are skyrocketing. Does that signal an industry-wide recovery in Wall Street’s eyes, or just survival of the fittest?
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Industry Insider | Mark Schwabero
It has been three long years for Mercury Marine, as it has seen dwindling orders, across-the-board layoffs and a bitter fight with its union. But Mercury’s president says it is now on a clear path — reinventing itself into a smaller, more nimble company
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BUSINESS REPORT | US: Picking up the pieces
The US aftermarket is down but still healthy. But OEM suppliers are struggling. Some see no relief in sight, while others are getting orders for the first time in months
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BUSINESS REPORT | US: Wind Power or Hot Air?
With a boom expected in renewable energy next year, several boat builders have entered the wind blade business. But nobody’s expecting a smooth ride
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BUSINESS REPORT | US: The colour of money
A year after the global financial meltdown, credit still remains a problem at both retail and wholesale levels. Some estimate a quarter of US dealers have left the industry, with more to follow. “This is the great shakeout,” says one dealer
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BUSINESS REPORT | US: Bucking the Trend
Three equipment companies are showing positive growth during the downturn
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BUSINESS REPORT | US: Bouncing along the bottom
Boatbuilders have taken a huge hit this year. Many have slowed production to a crawl, or gone into hibernation, to clear inventories. The common opinion: the new-boat market has bottomed out, but the industry will be much smaller when the recovery finally comes
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The Interview | Paul & Tom Derecktor
With a strong and proud heritage Derecktor remains one of the most successful and innovative builders in the USA. But what drives the two brothers behind this all-American family firm?
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SPECIAL REPORT | BOAT SHOWS: A united front
From London to Miami, Mumbai to Dubai, IBI looks back at some of the key international boat shows held in the first three months of 2009 and asks, was it really that bad?
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Industry Insider | Alex Savelli
Propulsion joint venture Cummins MerCruiser Diesel has come a long way since it began in 2002. President Alex Savelli tells IBI how pod drives continue to grow in popularity despite the downturn
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World news focus | New US builders: New faces in hard times
A half-dozen new boat brands enter the market during the longest-ever downturn in new boat sales. Do they stand a chance?
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Comment | Stern talk: “We think outside the box. It makes us nimble. The speed at which we react has helped our success. In this market the fast eat the slow”
Experience of earlier difficult economic times is key to commercial survival. veterans like Dick Lazzara know when to be cautious — and how to stay hopeful
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World news focus | Commerical sector potential: God, Country and Fast Boats
While some US recreational builders are turning to the government/commercial sector as a lifeline to lacklustre sales, many industry veterans warn that new companies could be entering mined waters
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BUSINESS REPORT | New Zealand
New Zealand’s superyacht segment, though small compared to the rest of the industry, remains its fastest growing sector
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BUSINESS REPORT | New Zealand: King of composites
While retaining high-profile custom yacht projects, High Modulus sees far greater growth potential in production boatbuilding
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BUSINESS REPORT | New Zealand: Boats on wheels
Sealegs is an innovative amphibious boating concept, but does it really have financial legs for the long haul?
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BUSINESS REPORT | New Zealand: Radical iTunes
Navman founder launches new iPod-based stereo for the marine market