All News articles – Page 568
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Propspeed’s Lightspeed endorsed by Lumishore
New Zealand-based underwater coatings specialist Propspeed today announced that its transparent foul-release system, Lightspeed, has been tested by Lumishore to confirm that it protects underwater lights and does not degrade light quality or interfere with the colour of underwater lighting.
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Boost in UK boating activity as lockdown lifts
The UK’s Trafalgar Drystack says it has achieved a record number of boat launches since lockdown measures in England were eased on May 13, as private boaters flocked back to the water.
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Saim Marine appointed Sea Recovery sales agent in Arabian Gulf
The Italian equipment distributor will represent Parker Water Purification products
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Echo Yachts wins order for 56m catamaran yacht support craft
Western Australia-based Echo Yachts has won its first superyacht contract since delivery of two vessels for the same Singaporean owner, which included the 84m (276ft) trimaran White Rabbit.
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Superyacht Australia reports rise in foreign-flagged yachts
Data released last week by Superyacht Australia, the peak body for the Australian superyacht industry, shows that foreign-flagged superyachts stayed an average of 73 days in 2019 compared to an average of 41 days in 2018 – a 79% increase in the length of stay.
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IBI Weekly Wrap
In case you missed some of this week’s news, here is a wrap-up of IBI’s top stories over the past five days.
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Resurgence of Covid-19 forces cancellation of next week’s Korea show
The postponed Korea International Boat Show (KIBS) scheduled for next week has been cancelled due to a resurgence of the Covid-19 virus, which raises the question on how boat shows can be successfully run in any part of the world while no reliable means of controlling the virus exists.
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Yamaha first quarter results 2020
Yamaha Motor Co Ltd has reported consolidated net sales of ¥395.9bn for the first quarter of the fiscal year ended December 31, 2020, a decrease of ¥33.5bn or 7.8% compared with the same period during the previous fiscal year. Operating income was ¥25.4bn, a decrease of ¥10.5bn or 29.2%.
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BRP closes Alumacraft Arkansas plant, consolidates in Minnesota
BRP will shutter its Alumacraft Boat operation in the state of Arkansas, eliminating 90 jobs and consolidating manufacturing at its existing facility in St Peter, Minnesota, according to a company news release and local reports. This on the heels of Wednesday’s announcement that the Canadian outdoor recreational products company is ...
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IBEX on schedule to open in September
The organisers of the 2020 International BoatBuilders’ Exhibition and Conference (IBEX) in the US have issued a statement to say that this year’s event is on schedule to open on 29 September.
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SailTimer appoints official distributor for EMEA
Marine Components International (MCI) in the UK has been made the official EMEA distributor of a new range of anemometers by Canadian manufacturer SailTimer Inc.
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Silent-Yachts reports four new sales during crisis peak
Austria’s Silent-Yachts has reported four new sales in recent weeks. The company now has eight solar-electric catamarans under construction at its yard – one Silent 55, four Silent 60s and three Silent 80s, the 24m flagship model of the entire range.
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Sunseeker staff to return to work
The UK’s Sunseeker International is implementing a phased return to work for all its employees starting as early as next week.
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German interiors specialist buys Austrian facility
German yacht interiors specialist metrica has completed the acquisition of a new facility in Greifenburg, Austria.
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Fairline warns of job losses
Workers at Oundle, UK-based boat manufacturer Fairline Yachts are facing an uncertain future after the company warned of the need to axe jobs, reports The Peterborough Telegraph.
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Tough Q1 for BRP as it exits the outboard engine business
Near 26% revenue decline in marine segment and over 40% drop in outboard sales leads BRP to discontinue production of Evinrude outboards and pursue new marine strategy including partnership with Mercury
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2020 HISWA-in-Water boat show cancelled
The 2020 HISWA-in-Water boat show has been cancelled because of COVID-19, delivering yet another blow to the Dutch boating sector already reeling from a pandemic that has caused it an estimated €1.1bn in damage to date.
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CVC Capital Partners completes acquisition of D-Marin
Dubai Harbour Marina is included in the CVC deal Confirmation of the acquisition of the D-Marin group facilities in Greece, Croatia and the UAE by the Luxembourg-headquartered private equity group CVC Capital Partners has been belatedly received following an announcement by British Marine, the UK’s marine leisure ...
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Sanlorenzo unveils new SX112 flagship
Italian boatbuilder Sanlorenzo has expanded its SX line with a new 34m flagship, the SX112.