Sector News – Page 298
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Amico, Pesto Sea Group launch ‘Genoa Superyacht Hub’
Infrastructure and urban investment boosts port’s role to support superyachts
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Work begins on new Malaga superyacht dock
New development set to generate over €100m a year for region
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Sanlorenzo revenues up 20.5% in Q1
Italian luxury yacht builder, Sanlorenzo reported improved Q1 revenues and profitability, while issuing full-year guidance for double-digit growth along with details on new segments the builder will be entering in 2022; acquisitions are on the agenda as well
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Correct Craft to build hydrogen-powered boat
Watershed Innovation adds its support to Zero Emission Industries’ project
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KVH Q1 revenues up 16%
Second consecutive quarter of record VSAT shipments drive revenues in “quarter that beat expectations”
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PHI Phantom undergoes sea trials ahead of delivery
The 36m custom support vessel from Alia Yachts will be delivered next month
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Croatian marina operator to invest €12m in new seaplane service
ACI eyes new seaplanes for customers
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Pearl Yachts reports busy first quarter
UK builder starts the year with strong orders and deliveries
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Closure of borders with Russia poses threat to Turkish boat sector
Covid dashes Russian hopes of spring sunshine on the water, as flights to Turkey drastically reduced
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Executive changes at Polaris
Michael Speetzen named permanent CEO, Bob Mack appointed CFO at Bennington, Godfrey and Hurricane parent
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Three UK companies win Queen’s Awards for Enterprise - International Trade
Two boatbuilders and a marine model builder recognised for export growth
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Lippert Q1 sales top US$1.0bn
Revenues jump 52%, net income increases 163% in record first quarter results driven by strong contributions from marine and international business segments
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Infiniti Yachts to launch new foil-driven sailing yacht
Hulls 1 and 2 are under construction in the US for delivery this summer
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Nobiskrug administrators appoint PwC to find new investors
Several possible investors already expressed interest in the German superyacht builder
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Malibu reports best quarter in company history
US builder delivers record-setting third quarter from a revenue and earnings perspective
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Florence Appeal Court confirms Perini Navi bankruptcy
Tabacchi family challenge rejected as Turkish shipyard sold
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Finnish builder enters electric boat market
Bella Boats’ new 6.3m tender will be available for online purchase only
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Nautor appoints group chief technical & operations officer
Michelangelo Casadei joins the Finnish boatbuilder from Ferretti
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Premier Marine acquired by investment firm
Envision Co enters leisure marine business with purchase of luxury pontoon boat builder