Sector News – Page 164
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NewsGrand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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NewsPrincess confirms sale, issues statement
KPS Capital Partners acquires controlling stake in UK motoryacht builder
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NewsSolara to debut S-250 Coupe in Miami
Feature-packed pocket cruiser targets growing families and empty nesters downsizing to smaller boats, filling perceived void in the market
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NewsFinnish start-up launches funding round
Funds will be used to build prototype of an all-electric cabin cruiser
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NewsBlackfin enters large centre console segment with Miami debut of new flagship
Introduction of 400CC model marks US builder’s first foray into the over 35ft centre console market
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NewsA+T Instruments names new COO
Nils Jolliffe joins UK instrument manufcturer as chief operating officer
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NewsHeesen’s Mark Cavendish returns as CCO
Friso Visser’s departure from the Dutch superyacht builder was announced last week
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NewsPatrick marine sales surpass $1 billion in 2022
Marine sales at US-based component manufacturer, Patrick Industries, posted the strongest performance in the company’s portfolio and helped lift annual sales 20% to $4.9 billion
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NewsGroupe Beneteau: Record Q4 paves way for significant 2023 gains
US market surge spearheads growth across all boating divisions; Group set to outperform forecasts
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NewsBlue Shadow seized in Cape Town
The 66m superyacht is thought to belong to Equatorial VP Teodorin Obiang
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NewsUS fund to take controlling stake in Princess Yachts
Ownership of UK-based Princess Yachts will change hands according to reports by Sky News this morning
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NewsSanlorenzo exceeds 2022 financial targets
Italian luxury yacht builder Sanlorenzo has reported double-digit growth in revenues, order backlog, and other key metrics at the close of 2022
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NewsRaymarine releases five new product lines ahead of Miami show
New displays, sonar and cameras aim to bring new capabilities and higher performance in competitive marine electronics segment
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NewsX Shore touts technology in Seattle
Swedish firm has the fully-electric boat segment to itself at the 2023 Seattle Boat Show
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NewsFirst Baglietto T52 hull hits the water
Italian SY builder launches hull of first hybrid engine model
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