Sector News – Page 279
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NewsCrimea to allocate additional funds for boating infrastructure
Moves to cut red tape as Crimeans catch the boating bug
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NewsGreek brokerage secures order for new-build Sanlorenzo superyacht
Ekka Yachts signs deal for 10th unit in the 500EXP series
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NewsMultihull Solutions and The Yacht Sales Co open new Singapore sales centre
New base to cope with strong demand for both new and pre-owned yachts
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NewsSA ports/boat exports back to normal after IT breach
Breach cost the Port of Cape Town seven days of full operation
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NewsBrunswick posts record Q2
Net sales of US$1.55bn mark 57% YOY gain while operational earnings, net income grow by triple digits in “outstanding” Q2; Brunswick projects boat production numbers for 2021 and beyond
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NewsMcConaghy begins construction of first 82ft power cat
Hull #1 of the MC82p is due for delivery in March 2023
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NewsDeadline day for Perini Navi bid; new potential bidder?
Azimut-Benetti group reported to be interested
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NewsGreek marinas study highlights €2.8bn potential over next 10 years
Revenue boost comes from 5,164 new berths by 2031
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NewsBeneteau Group makes major acquisitions in charter & boat club sectors; revises 2021 forecast
Investments total €40m; full-year revenue growth expected to be over 7%, up 5% on previous forecasts
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NewsGarmin reports record revenues, profits in 2021 Q2 results
Garmin reported record revenues and profits among its 2021 second quarter financial results, which were released Wednesday. The Kansas, US-based electronics manufacturer reported… To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content.
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NewsBahamas moves to be “flag state” for superyachts
Adopting the Bahamian flag would encourage home-base porting
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NewsMarine Products Corp Q2 sales up 65%
255% YOY jump in operating profit, 239% increase in net income highlight positive second quarter for US boatbuilder
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NewsFipa reports busy summer season with seven boats delivered in two months
The Italian builder’s Maiora and AB Yachts brands are in strong demand
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NewsABYC and US Coast Guard launch online training series
New series of online conferences to focus on training, risk mitigation in boatbuilding
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NewsSecond acquisition in a week for OneWater Marine
Definitive agreement to acquire PartsVu marks a notable expansion into the parts and accessories sector for US boat dealer
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NewsSunseeker’s reports loss following Covid production shutdowns; sales boost in Q4
Boatbuilder sees production and sales levels pick up in Q4
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NewsRecord Q2 for Polaris
Boat sales surge by 40% while recording 155% YOY gain in gross profit to help drive strongest second quarter in company history
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News2021 IBEX Education Conference – details revealed
This year’s event takes place on the 30th anniversary of the IBEX show
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NewsHubbell Q2 net sales up 26%
Shore power equipment manufacturer reports gains in sales, gross profit, operating income, net income in solid second quarter results
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NewsCape Town boat exports impacted by Transnet cyber-attack drama
Conjestion at South African Ports causes long delays
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