Sector News – Page 299
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OXE Marine publishes latest figures reflecting challenges of the times
Turnover was down by just under 2% in the first quarter of 2021
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Ferretti Group and Sanlorenzo ready to buy Perini Navi if bankruptcy confirmed
Outcome depends on decision from Florence Appeal Court
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Equipment maker Lippert acquires German company
Described as part of its broader European strategy, US based Lippert Components has established a new subsidiary in Germany and added German supplier Schaudt to the fold
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Nimbus reports strong year-end results
Swedish builder reached net sales of just over SEK 1bn in 2020
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In what is shaping up to be a record year, Wajer Yachts unveils 23.5m flagship
The Wajer-77 marks a new era for the company
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Allpa appointed distributor of new VeeConnect in Benelux and Germany
Dutch wholesaler to exclusively represent Veethree’s latest digital switching system
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NZ marina developer welcomes court decision
Consent granted for construction of new marina on Waiheke Island
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Reconstruction of Greek port to begin next week
Aegina Perdika Marina is a popular sailing destination
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Brunswick: “Fantastic start to 2021”
In a wave of positive first quarter financial results, it’s hard to find new superlatives to describe unprecedented boating industry growth: today US boating leader Brunswick reports nearly 50% increase in revenues and builds more than 9,400 boats in Q1
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Perini Navi rescue deal put forward by owning company Fenix
€50m capital increase projected in deal with Italian investment fund
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Volvo-Daimler to make hydrogen fuel cells in Europe
Sweden’s Volvo Group and Germany’s Daimler AG announced today they will start developing, producing and commercialising fuel cells in Europe by 2025 via their joint venture – ’cellcentric’ – and called for EU policies to help make zero-emission technology commercially viable
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Yamaha CEO issues European-wide apology
Yamaha Europe president makes heartfelt apology to dealers and customers regarding supply problems
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Hurricane Boats expands manufacturing
US fibreglass boat builder begins production at former Rinker plant
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Sunreef releases first images of new solar power system
Polish catamaran builder Sunreef Yachts has released the first pictures of the company’s in-house developed solar power system. Using ultra thin, shock-resistant and highly efficient solar cells, it is said to be the industry’s first composite-integrated photovoltaic technology. Sunreef’s solar power system is currently being integrated on both power and ...
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Marine Products Corp reports strong Q1 results
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
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Canadian electric fan manufacturer expands
Caframo adds more employees and production space in bid to keep up with surging market
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Polaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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Smartgyro enters Australian market
Italian stabilisation specialist expands dealer network Down Under
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Spanish builder launches new outboard cat range
The new Alexa 37 features twin cabins and a pair of Suzuki outboards