Sector News – Page 202
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Grand Banks finishes FY 2022 on a high note
The Malaysia-based yacht building group saw off the impact of multiple Covid-related closures to end its 2022 financial year profitably and with a robust order book
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Polish builder develops new models amid export market shift
First tests of new 30ft motorboat to be carried out next year, followed by 40ft model
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Limestone reports improved financials, dip in production
Canadian boatbuilder expects positive trend to continue
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Neander Motors appoints chief engineer
Ben Sherwood will lead the engineering team to develop the Dtorque engine
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Dutch builder reels in outside investor to fund growth
Wajer Yachts looks to expand in the US and southern France
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Twisted Marine to launch new powerboats with Axopar hulls
UK builder creates what it calls “the ultimate adventure craft”
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Axioma auction attracts 63 bids
The sale may set the benchmark for any further oligarch superyacht auctions
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French city of Dunkirk unveils plans to modernise marina
200 more berths to be added to marina on coast of northern France
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France to invest €30m on modernisation of nautical infrastructure
The move is part of the Destination France plan for the transformation of tourism in the country
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Malibu Boats ends fiscal ’22 with more record-breaking performance
CEO Jack Springer tells analysts in an earnings call that results surpassed expectations with revenues, volumes and profits all up strongly
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Vandal Marine to launch new semi-custom explorer range at Cannes
Foil-assisted power catamaran delivers up to 30% reduction in fuel consumption
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WRF urges SY sector to do more to help make yachts greener
Water Revolution Foundation is developing a ‘Yacht Environment Transparency Index’ to compare and rate yachts based on their green credentials
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Italian builder teams up with MarineMax
Wider Yachts signs exclusive distribution deal with one of the world’s biggest boat dealerships
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Extra Yachts enters catamaran market
The X30 Villa is the company’s first model in a new line of motor catamarans
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Campion Marine auctions last of Canadian assets
The Canadian boatbuilder is relocating production to the US and Mexico
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Gulf Craft appoints exclusive French dealer
Aqua Marine to represent the Majesty and Nomad brands in France and Monaco
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French multihull builder sets out three-year vision
The Neel-Trimarans Group draws up development plans, including two new models for 2023 and expansion of its motor-powered range