All News articles – Page 486
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Grand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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Pandemic PWC sales explosion good for top players, but can momentum continue?
BRP and Polaris have battled head-to-head in the market for nearly 50 years
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CMC Marine appoints Spanish representative
CMC Marine, the Italian manufacturer of stabilizers, has recently signed an agreement with Spanish Group Pasch, which has four sites in Spain and Portugal, in its latest step in the broad-based internationalisation strategy that is an increasingly fundamental aspect of the business approach being adopted by CEO Alessandro Cappiello.
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Trinidad & Tobago yacht industry reaches Covid crossroad
Yacht services industry struggles to stay afloat as borders remain closed to visiting yachts
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Prague latest European boat show to cancel
The Prague boat show, which was to have been held from March 19-20, has been cancelled because of concerns about the restrictions being imposed by the Czech government on the holding of exhibitions during the current pandemic. The show organisers ABF Trade Fairs are hoping to rearrange the exhibition for ...
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Borrow A Boat crowdfunding raises £500k for international expansion
The UK-based, peer-to-peer boat charter platform Borrow A Boat (BAB) has raised nearly £500,000 in equity from a crowdfunding campaign to be used for international expansion in 2021.
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McConaghy sells first MC63p flagship power cat
The first unit has been sold to Grant Dalton, manager of New Zealand America’s Cup team
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AkzoNobel quits bidding war for Tikkurila, says PPG bid too high
Dutch firm abandons bid for Finnish paint maker
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Suzuki sees sales growth in US and Asia
High power outboard sales in North America help drive growth
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Oyster’s new sub-50ft yacht - first images
The UK’s Oyster Yachts has released the first pictures of its much-anticipated 50ft yacht, the Oyster 495.
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UK Sailing Academy receives largest donation to date
Work will start this month on the construction of a new 136-bed accommodation centre for the UKSA (UK Sailing Academy), the 30-year old UK non-profit maritime charity. The new facility at the UKSA’s Cowes campus will allow an extra 3,000 children and young people to be taught in time through ...
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Johnson Outdoors Q1 operating profit up 245%
US equipment manufacturer marks significant YOY gains in fishing equipment and watercraft sales following “unprecedented” quarter
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Lund Boats adding jobs as US boat demand continues
Pace of production has not let up since the Covid shutdown ended last April
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Annapolis spring shows to combine
Annapolis, US-based boat show producer Annapolis Boat Shows has announced plans to combine its two spring events into a single combined boat show.
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Two Turkish superyacht builders sign new contracts
Two Turkish superyacht builders announced this week that they have signed new superyacht contracts. The two builders are Bering Yachts and Numarine.
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Dutch tourism sector wants concerns ‘higher on political agenda’
HISWA-RECRON says the recreation industry in the Netherlands needs stronger leadership
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Riviera launches new flagship
Australian boatbuilder Riviera this week announced a new yacht, the 645 SUV.
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Hybrid expedition yacht to feature modular energy stores
The vessel is due for delivery in early 2024
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Dometic continues shift towards aftermarket; stock trading at record high
In 2020, Swedish equipment maker Dometic extended its reach in consumer channels and expanded to new markets focused on the outdoors; a new acquisition kick-starts 2021… with more M&A to come