All News articles – Page 583
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NewsPier One, Seahorse merge
Seahorse Marine has become the seventh Florida brokerage firm in as many years to merge under the Pier One Yacht Sales banner
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NewsCoronavirus update | 8 April
Saffier Yachts in full production; Fischer Panda UK responds to NHS demand for equipment; NMMA, Twin Disc announce layoffs
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NewsLippert execs take pay cut, trim jobs, create emergency fund
American equipment maker Lippert Components announced further measures the company is taking to weather the Covid-19 storm including salary reductions, job furloughs, and emergency funding for employees impacted by the crisis. The company said it would ‘pause’ on acquisition activity aimed at diversification, but continue to invest in technology
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NewsNMMA announces 23 layoffs, discontinues export development program
Further to today’s IBI News Flash entitled ‘Layoffs at NMMA’, the US trade association has just released the following email to its member companies. Dear NMMA Member, I hope you and your family are well and remaining healthy. Over the past month, the NMMA team has been working closely with ...
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NewsTwin Disc reducing salaries, staff to combat COVID-19
Twin Disc, the maker of marine and off-highway power transmission equipment, has announced a series of…
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NewsGreenwood named to head Suzuki Tech Center
Industry veteran David Greenwood has worked at Suzuki for 34 years
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News
Layoffs at NMMA
The National Marine Manufacturers Association (NMMA) in the US is dismissing more than 20 staff members effective immediately as a result of COVID-19, IBI has learned from international sources. The positions appear to be at all levels throughout the organisation. An official announcement is expected in the coming hours. The ...
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NewsBoating BC announces 2020 grant recipients
A Canadian marine trade association has awarded more than $20,000 in grants and sponsorships to support a wide range of initiatives designed to boost recreational boating in the province of British Columbia.
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NewsEcoworks Marine appoints NZ distributor
UK-based Ecoworks Marine has expanded into the Southern Hemisphere with the appointment of 37 South as its official distributor in New Zealand.
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NewsYanmar establishes new marine company
In order to better to support the continued growth of its marine business, Osaka, Japan-based engine builder Yanmar has established a new company operating as Yanmar Marine International Asia (YMIA).
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NewsCoronavirus update | 7 April
Ancasta to hold virtual boat show; La Ciotat Shipyards begins mask production; McConaghy shipyards in China and Australia fully operational
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NewsMcConaghy shipyards in China and Australia fully operational
McConaghy, the builder of high-performance and specialised mono- and multi-hull yachts and superyachts, states that its yards in Australia and China are both fully operational.
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NewsTwo more flagship Silent 80 catamarans sold
Silent Yachts has sold six units of its flagship model since launch
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NewsDLBA uses AI technology to develop new superyacht concept
US-based DLBA Naval Architects is developing a 58m superyacht concept that thinks through all the vessel systems to see where artificial intelligence can take the superyacht experience to the next level.
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NewsArcadia Yachts announces sale of new Sherpa XL
The Italian builder also has another four yachts on order
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NewsGlobal Covid-19 update (New)
The International Council of Marine Industry Association (ICOMIA) and its member associations are providing regular updates to a ’living’ State of the Industry report tracking the latest regulations regarding COVID-19 and the specific impacts on the boating sector in countries across the world.
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NewsRolls-Royce uses financial measures to combat COVID-19 challenge
Measures include a dividend cut, revolving credit and reduced salaries
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NewsAmels on track to launch nine yachts in 2020
Dutch superyacht maker Amels is confident it will be able to launch nine yachts in 2020, despite the coronavirus’ debilitating impact on the company and the Dutch economy as a whole.
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NewsCoronavirus update | 6 April
Pacific Superyacht Forum rescheduled; Formula Boats closes facility; MRAA to host dealer webinar on navigating cash flow
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NewsIBI issues statement; launches plans for new summit
Dear Reader, I am writing to let you know that despite the difficult conditions we are now facing that the IBI team is continuing to operate as normal with our full complement of staff, foreign correspondents and sales representatives. With our Daily Newsletter, we are endeavouring to ...
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