Sector News – Page 104
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KVH reports 5% YoY drop in Q3 revenues
Service revenues grow as product revenues decline for US satellite communications firm
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Maltese NGO calls on Ministry to withdraw Birgu marina plans
Moviment Graffitti claims the investment would allow boats to “take over the whole creek in Birgu and Kalkara”
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Beneteau reports nine-month revenue growth of over 30%
Q3 in line with full-year forecasts, says French builder
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SA builders raise concerns about port and visa inefficiencies
South African boatbuilding stakeholders hold roundtable meeting in Cape Town
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AG+ Spars opens carbon mast factory
The 2,000m² site in Rochefort, France is entirely dedicated to carbon mast production
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FarSounder becomes official Seabed 2030 partner
Navigational equipment specialist joins initiative to map the world’s entire ocean floor
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Ocean Safety expands technical team with three appointments
UK firm reinforces its position in the design, manufacture and global supply of marine safety equipment
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Ferretti reports improved margins, growing order backlog in first nine months
Italian builder confirms mid-term guidance following strong set of financial results
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Leisure marine sector prepares for business as METSTRADE approaches
In just over a week, thousands of marine industry professionals will descend on Amsterdam for the world’s largest marine equipment trade show
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All eyes on 2024 as Forza X1 releases 2023 Q3 results
President and CEO Jim Leffew addresses company’s third-quarter earnings with analysts
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Greenline hires global business development director
Alessandro Lorenzon joined the Slovenian yacht builder on October 1
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Thalia Marine extends services to superyacht sector
The Viken Group company is working with Hot Lab to offer a 360-degree superyacht design, engineering and project management solution
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Westport launches Hull #9 of enhanced W125 series
The 38.1m yacht will undergo final outfitting and sea trials before delivery to its owner
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Sunsail, The Moorings partner with Blue Marine Foundation
The objective is to help conserve the coastlines and marine life
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Mongo Holdings acquires Kings River Marina in Missouri
The 2.7-acre marina on Table Rock Lake has 192 slips for boats of up to 60ft
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Nimbus plans largest model to date, invests in Swedish, US yards
The Swedish builder is injecting funds to expand its yards in Lugnås and Edgewater
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Malibu Boats to receive nearly US$8m from State for expansion project
US builder is expanding its production facilities for the Cobalt brand
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SA builders await news on AGOA as president weighs in on trade deal
President Ramaphosa delivered the keynote address at the African Growth and Opportunity Act (AGOA) forum in Johannesburg on Friday