All News articles – Page 588
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NewsCoronavirus update | 25 March
Latest on Italian and Polish boating industries; Lippert, Lowe Boats suspend production; New Taiwan show dates
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NewsBrunswick increases liquidity
The marine industry’s largest company has extended its credit facilities and borrowing as a precautionary measure to increase liquidity and financial flexibility in the wake of substantial uncertainty stemming from the COVID-19 crisis
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NewsVolvo provides Covid-19 update
The Volvo Group has postponed its Annual General Meeting given the uncertain and accelerating developments in the wake of the coronavirus
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NewsLippert suspends production at select US and Europe facilities
US-based LCI Industries – parent of Lippert Components – has issued a business update regarding COVID-19
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NewsCoronavirus in Poland’s boating industry
Most Polish boatbuilders continue to operate under increasingly stiff restrictions, reports POLBOAT President Sebastian Nietupski on behalf of the country’s boating industry
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NewsLatest on Italy’s boating industry
Only marine repair companies in the marine sector and certain suppliers will remain open past today, reports Andrea Razeto of Italy’s marine industry association - Confindustria Nautica
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NewsUS healthcare workers appeal to boating industry for help
The US healthcare community has made a direct appeal to marine manufacturers to help them in a desperate need for personal protective equipment (PPE), according to a letter from the National Marine Manufacturers Association (NMMA) to its members.
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NewsNew marina bolsters Maldives’ superyacht facilities and location appeal
The recent Phase One opening of the new Crossroads Maldives luxury destination includes a new marina able to berth some 30 superyachts of up to 50m (164ft) as well as several small yachts.
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NewsMRAA offers free online learning for dealers
US boat dealers idled by the COVID-19 pandemic can fill some of their free time with some free online education.
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NewsNew dates announced for Taiwan show
The 2020 Taiwan International Boat Show (TIBS), originally scheduled for March 12-15 at the Kaohsiung Exhibition Center and Kha Shing Pier 22, has been postponed to March 10-13, 2022. The show is held every two years and will be celebrating its fourth edition.
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NewsHeysea Yachts to deliver first Asteria 126
Chinese superyacht builder Heysea Yachts will shortly deliver its first 38.4m Asteria 126 model to a mainland Chinese customer following its launch in early March.
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News‘Controlled shutdown’ at Princess Yachts
Princess Yachts Ltd has announced a controlled shutdown of its UK facilities with immediate effect. The company today released the following statement: “The health and safety of our employees is of paramount importance and is our main priority, along with our network, suppliers and international clientele. We also take our ...
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NewsSunseeker International suspends production
Following the UK Prime Minister’s coronavirus (COVID-19) update yesterday, Sunseeker International has announced that it is temporarily suspending production until the end of April for the vast majority of employees. Some safety-critical and continuity roles will remain but at a very low level.
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NewsCoronavirus update | 24 March
Malibu Boats provides business update, suspends operations; Chris-Craft plant winds down; New Hong Kong yacht show announced
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NewsBrunswick releases sustainability report
Brunswick Corp has published its first company-wide sustainability report to showcase its efforts and successes in efforts to conserve resources, both natural and financial.
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NewsWartsila to restructure marine business ‘to accelerate strategy execution’
A new corporate three-part structure is to be introduced for the marine business of Finnish high-tech systems company Wärtsilä, from July 1, 2020. The company is a major supplier of various systems and equipment to the global yacht market and in a statement the reorganisation was stated to be aimed ...
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NewsInconsistent rules leave Florida’s US$23bn boating industry in flux
Palm Beach County, Florida, has joined its neighbour to the south, Miami-Dade County, in closing marinas and boat ramps to all but commercial fishing operations. But Broward County, which sits between the two and is home to Ft. Lauderdale – the hub of South Florida’s US$12bn yachting and boating industry ...
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NewsNew family-run SA business eyes export market with new semi-rigid model
A family-run engineering services company has launched themselves onto the South African boatbuilding market with a new custom 5.7m semi-rigid aluminium model.
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