All News articles – Page 737
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SUTL Enterprise reports small increase for first half 2018
The owner of the ONE°15 brand, SUTL Enterprise, has reported a small 2% rise in year-on-year revenues for the first half of 2018. The Singapore-listed marina owner, developer and manager saw revenues in the first six months of this year increase to S$15.4m, but net profit for the period fell ...
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Buyer for Bavaria in sight
A new owner for Bavaria Yachtbau looks to be in sight, with reports that a bidder’s binding offer is on the shipyard’s desk with specifics of the sale already having been negotiated.
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Malibu hosts ‘Investor Day’
Malibu Boats will be hosting institutional and individual stockholders for an ‘Investor Day’ open house at various facilities in an around its headquarters community of Loudon, Tennessee.
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Industry rallies to avoid ‘workforce crisis’
It’s been billed as a “workforce crisis” by the National Marine Manufacturers Association (NMMA) - the shortage of skilled labour that has become one of the major inhibitors to marine industry growth around the globe.
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US powerboat registrations up in Q2
New powerboat registrations in the US were up 2.3% in June on a rolling 12-month year-over-year basis, according to preliminary data released by the National Marine Manufacturers Association (NMMA).
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Hatteras to relaunch Cabo brand
Hatteras/Cabo Yachts is to relaunch the Cabo fishing boat brand at the Miami International Boat Show next year with the unveiling of the new Cabo 41.
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Israeli maritime security specialist enters superyacht market
Israeli maritime security specialist, Naval Dome, has expanded into the superyacht market with the installation of its award-winning cyber defence system onboard the 46m (151ft) Baglietto fast superyacht Lucky Me .
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Nimbus reports strong growth
After filing for bankruptcy in 2012, Sweden’s Nimbus Boats has made a strong recovery following its acquisition by Swedish investment firm R12 and subsequent management restructure.
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2017 US recreational boating stats released
The final sections of the National Marine Manufacturers Association’s (NMMA) ‘2017 US Recreational Boating Statistical Abstract’ show a slight uptick in boat registrations for 2017 and healthy single-digit sales growth for the industry as a whole.
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UK RIB builder chooses CANtronik displays
Aluminium RIB manufacturer Highfield Boats UK has announced that it is now installing CANtronik displays with their Honda outboard applications.
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Boating ban lifted at Cape Town’s biggest dam after winter deluge
Cape Town’s largest dam has lifted a ban on recreational boating following late winter rains that have brought relief to the drought-stricken Western Cape Province.
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ITC aluminium sheet questionnaires due Friday
Friday 31 August is the deadline for US boatbuilders to file answers to the International Trade Commission’s (ITC) questionnaires for the final phase of its antidumping and countervailing duty investigation of common alloy aluminium sheet from China.
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Clarion, JL Audio enter licensing agreement for marine markets
JL Audio is to assume responsibility for the sales, support, marketing and future product development of Clarion-branded marine audio products in the US and Canada under an exclusive, long-term agreement announced jointly by both companies.
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2018 DAME charity revealed
METSTRADE organiser Amsterdam RAI has announced that the proceeds of this year’s DAME Design Award will be shared amongst two charities – Wetwheels and the Blue Marine Foundation.
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BRP Q2 growth fuelled by strong North American powersport sales
Robust North American powersports sales that outpaced the industry fuelled BRP’s second-quarter growth, with revenue up 18% over the same period last year.
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Ancasta opens Barcelona office
UK-based Ancasta International Boat Sales has opened a new office at OneOcean Port Vell Marina in Barcelona, Spain. In addition to boat sales, Ancasta Barcelona will offer extensive aftercare services and help with berthing along the area’s coastline.
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RYA to end role as UK powerboat racing national authority
As of January 1, 2019, the Royal Yachting Association (RYA) will end its role as the national authority for UK powerboat racing. The RYA has informed the Union Internationale Motonautique (UIM), the international federation for powerboat racing, about its planned actions.
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Obituary: Robin Walters
Robin Walters, a leading figure in the global marine industry and founder of UK-based Walcon Marine, passed away on 21 August 2018. He was 86.
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Swedish floating show attracts strong crowd
The Swedish floating boat show on the island of Marstrand closed on Sunday on a high note. In total, some 32,242 people went to the show – 1,751 more people than last year’s edition.
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ABA renews Schmitt & Ongaro contract
The American Boatbuilders Association (ABA) has renewed Schmitt & Ongaro Marine Products’ contract as the exclusive supplier of stainless steel steering wheels to its member companies for another three years. Schmitt & Ongaro has held the position since 1999.