Sector News – Page 301
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Irish firm looks to revolutionise boating sector with space tech
Marine tech firm Raceix to start piloting next-generation share-poisitioning system for leisure boat use
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New hydrofoil technology concept to be unveiled as part of Singapore Maritime Week
Full scale prototype ready to hit the water soon; leisure marine applications
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Marine fabric and vinyl supplier opens new central US distribution centre
Trivantage’s new facility said to triple inventory capacity while allowing faster order fulfilment
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Greece holds regional tourism forum with focus on marine
Nautical tourism top priority in recovery strategy
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AB Inflatables appoints UK distributor
BHG Marine awarded exclusive UK distribution rights by RIB manufacturer
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Volvo Penta sees strong orders in Q1
Strong profitability and market demand highlighted Swedish engine maker Volvo Penta’s first quarter in 2021, along with continued supply chain disruption
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Leopard brand back with new 36m
First custom project to be followed by new launches from Italian builder
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US boating industry should leverage its economic might
American Boating Congress - If industry to grow, US recreational boating industry needs to flex its muscles
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Composites and boating team up on circular economy
Aim is to jointly tackle the key challenges around circularity of composites used in the recreational boating industry and promote sustainable recycling solutions to the supply chain for end-of-life boats
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Patrick Industries closes US$350m notes offering, credit facility
Increase in credit facility gives company ’dry powder’ for growth plans
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Overmarine launches two new Mangustas
Hull number 2 of 30m GranDport line hits the water in US; Maxi Open flagship destined for European client
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Canada backs down on proposed changes to boat rental licensing
Industry advocacy campaign successfully defends against proposed regulatory changes that would have made it harder for tourists to rent boats
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Ferretti reports record-breaking quarter
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Sanlorenzo shareholders approve €10million dividend
The Ordinary Shareholders’ Meeting of Sanlorenzo SpA was held today under the chairmanship of Massimo Perotti, approving the company’s financial statements for fiscal year 2020 as well as distribution of of a dividend of €0.30 per share, gross of withholding tax, for a total amount of €10.3 million. Perotti, Chairman ...
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The Boat Works invests A$30m in new service hub for marine professionals
Latest development adds to previous A$100m expansion as industry booms
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FPT launches new heavy duty engine and keel cooling system
Digital ‘Marine Virtual Experience’ highlights new launches for Italian engine manufacturer
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Sunseeker names exclusive US distributor
OneWater Marine named sole US distributor for UK builder
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Shanghai Boat Show attracts strong attendance
More than 37,000 were in attendance with local boating demand on the rise
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AkzoNobel posts strong Q1 2021
The paint and coatings specialist is the market leader in Marine and Yacht Coatings, providing further detail on performance of the sector in the latest results