Sector News – Page 315
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Azimut Yachts to double production at Brazilian factory
Italian builder reports strong demand in the region
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Lippert opens new seating and boat equipment plant
On the heels of reporting its best-ever fourth-quarter and full-year financial results, Indiana, US-based equipment manufacturer Lippert Components Inc (LCI) has opened a new boat equipment factory to support its newly-announced component supply arrangement with boatbuilder Tracker Marine Group.
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Sea Sure installs new machining centre as part of ongoing investment
As part of a £250k investment in new machinery and testing facilities, Sea Sure – a UK producer of hardware for sail/power boats and the aerospace industry – has taken delivery of a HURCO 5-axis machining centre.
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Navico appoints chief sustainability officer
Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands, announced the hiring of its first-ever chief sustainability officer this week as the company has made sustainability one of its core strategic pillars globally across its brands, products, operations and production.
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Good take-up of Nimbus stock as trading begins
Sweden’s biggest boatbuilder begins trading on Nasdaq First North
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Aquila signs new distribution agreement
Florida, US-based Aquila Power Catamarans has completed a new distribution agreement that will see Sydney, Australia-based Whitehaven Group represent its product line in Australia and New Zealand.
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Oyster Yachts opens UK apprenticeship academy to ensure future skilled worker supply
In a move to help ensure enough new skilled employees in the future, the UK’s Oyster Yachts has formally launched its Oyster Apprenticeship Academy, building on the company’s existing long-established apprenticeship schemes. This new initiative coincides with the UK’s National Apprenticeship Week.
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Supra Boats unveils new models designed by race legends
Three-times NASCAR champ and team co-owner Tony Stewart won’t be in Daytona Beach, Florida later this month when Stewart-Haas Racing takes on the road course at the legendary speedway. Instead, he’ll be at a boat dealership in his native Indiana, unveiling two new models from Supra Boats that the legend ...
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Record Q2 for MasterCraft
Net sales up 19% YOY, gross profit up 38.5% on strength of continuing high demand
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US outboard engine sales show sharp increase and hit 20-year high
NMMA releases 2020 Recreational Boating Statistical Extract
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Bavaria at maximum current capacity
CEO of German yard comments on propsects for the year ahead
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New $16bn resort project to boost yacht facilities in Cambodia
Ream City masterplan includes new marina and yacht club
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Record sales drive “historic” Q4, 2020 FY for Lippert
US components manufacturer reports $2.8bn in net sales, $158.4m in net income for 2020 fiscal year
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Malibu Boats reports strong FQ2 results, building at historic levels
Several new models are selling ahead of initial expectations
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Nanny Cay Marina in the BVI launches ingenious Covid-beating scheme
New service is designed to attract yacht owners to the islands
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MYBA Charter Show 2021 cancelled due to Covid-19 travel restrictions
It was announced today that for the second year in a row the MYBA Charter Show has been cancelled. It was due to be held at Marina Port Vell in Barcelona on April 26-29, 2021.
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Boating companies among Forbes Top 10 employers
The industry’s largest boatbuilder also been named by Forbes to the 2021 list of America’s Best Large Employers. From the thousands of companies that were considered for this honor, only 500 made the final list. Brunswick Corporation is ranked Number 10 overall and Number 1 ...
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Sunseeker announces new distribution structure in Asia
Strategic changes brings UK boatbuilder closer to the Asian market
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Sanlorenzo launches fifth 52Steel superyacht
Sanlorenzo Superyacht has launched the fifth unit of its 52Steel, a 52m steel vessel of which a further three units are currently under construction at its La Spezia yard.
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New CEO at OXE Marine
The board of directors of OXE Marine AB, the Swedish diesel outboard engine maker, has reorganised the company’s management team with the appointment of Magnus Grönborg as CEO.