All News articles – Page 548
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NewsFrench Minister gives green light for Cannes and La Rochelle shows in September
Franck Riester, the French Minister for Foreign Trade and Economic Attractiveness In a statement made on Tuesday to the leaders of the exhibition industry, Franck Riester, the Minister for Foreign Trade and Economic Attractiveness, stated that the restrictive rules in France concerning public and trade exhibitions would ...
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NewsYamaha Motor starts evaluation trials on next-generation control system
New HARMO platform integrates electric propulsion unit and steering system
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NewsNorwegian Evinrude distributor reorganises
The Nordkapp 905 Gran Coupe with Evinrude engines After losing the distribution of approximately 3,000 Evinrude outboard engines on the Norwegian and Swedish market each year, distributor Frydenbo is to reorganise its business. “We have already done some reorganisation and more will come,” Frydenbo CEO Hans Petter ...
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NewsEU invests in Europe’s first gigafactory of lithium-ion batteries
The European Investment Bank – the EU’s long-term lending arm – is investing €300m toward the financing of Northvolt One, Europe’s first gigafactory for green lithium-ion battery cells in northern Sweden.
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NewsArgo Yachting awarded Saxdor franchise for Spain and northern Germany
Argo Yachting, sister brand to Princess Motor Yacht Sales, the world’s largest distributor of Princess Yachts, has been awarded exclusive distribution rights to market the Finnish-designed Saxdor Yachts in the Baltic coast of Germany and the Spanish territories of the Balearics, Malaga, Puerto Banus and Sotogrande.
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NewsRiviera investing A$10m in expansion of production facility
Two-year project to provide capacity to meet growing demand
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NewsUS boat retailer OneWater Marine release Q3 results
The second largest American boat sales network reported strong top- and bottom-line growth and significant market share gain boosted by unprecedented retail demand
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NewsInfrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
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NewsBrunswick reports Q2 results revealing Covid impact on industry’s largest player
US boat and engine manufacturer sees strong retail demand, following a -15.2% decline in sales in the second quarter including a -32% drop in boat segment sales for the period; With current recovery pace, the company expects to meet its 2022 financial targets and sent stock soaring to highest-ever level
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NewsRoscioli Shipyard founder dies from Covid-19
Robert “Bob” Roscioli, who began a five-decade yachting career sanding and painting hulls by hand and gained a reputation as a perfectionist, died 27 July from Covid-19 at the age of 76, according to the company website.
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NewsSunseeker chooses Wave filter systems for all new-build yachts
Wave International, the UK-based marine filtration specialist, today announced that Sunseeker is offering its filter systems either as standard or, on the smaller models, as an option on its entire yacht range.
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NewsTough Q2 for Cummins Inc
US engine manufacturer records largest quarterly revenue decline in its history Covid-19 shuts down OEM customers worldwide
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NewsCatalano Shipping expands superyacht support into Asia-Pacific with NZ purchase
Company also plans to open in Spain next year
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NewsBalance/Nexus launch first ‘lockdown’ 526 in SA, owner watches via Skype
The boat is currently undergoing sea trials ahead of possible departure next week
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NewsClick&Boat acquires European competitor
Click&Boat, the UK’s leading boat hire platform, has acquired its main competitor, Nautal, reinforcing its international leadership as ‘the airbnb of the seas’ and growing its UK offering, now with more than 360 boats being listed for rental in the UK via the acquisition.
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NewsGarmin marine sales up 4% in Q2, while overall revenues drop 9%; CEO comments
A surge in its marine business helps offset higher declines in Garmin’s automotive, aviation and outdoor segments
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NewsAustralian Superyacht Rendezvous 2020 postponed
The fourth edition of the Australian Superyacht Rendezvous (ASR2020), due to have been held at the Coral Sea Marina Resort in the Whitsunday Islands from October 15-18, has been postponed until a suitable post-Covid-19 timing. New dates will be announced in due course.
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NewsMarine Products Corp records 58% Q2 sales decline
Sales, profits down sharply in the second quarter of 2020 as Covid-19 shutdowns impact US fibreglass boatbuilder, but strong June sales point to a brighter Q3
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NewsGreenline launches 45 Coupe and flagship OceanClass 68
Slovenia’s Greenline Yachts has announced the launch of two new models, the Greenline 45 Coupe and OceanClass 68.
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