Sector News – Page 335
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Canadian marina group acquires eighth property
Maple Leaf Marinas acquires Walker’s Point Marina in central Canada’s Muskoka region
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Yamaha first three quarter results, marine down 10.9%
Net sales for Yamaha Motor Company’s consolidated accounting period for the first nine months of the fiscal year ending December 31, 2020 were ¥1,067.1 billion (a decrease of ¥200.1 billion or -15.8% compared with the same period of the previous fiscal year). Operating income was 56.4 billion yen (a decrease ...
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Rosetti Superyachts receives planning permission to improve facilities
Italy’s Rosetti Superyachts (RSY) has filed and obtained planning approval from local authorities for an improvement to its current facility in Ravenna, Italy. The plans include a new construction hangar and accompanying offices for building superyachts over 100m in length.
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Halifax Boat Show confirmed for 2021
The owners of the Halifax International Boat Show have confirmed that eastern Canada’s largest consumer boating event will proceed as scheduled, operating from Thursday February 4 through Sunday February 7 inclusive at the Halifax Exhibition Centre.
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Bentley to stop making fossil fuel cars by 2030, hybrids only from 2026
Bentley, the British luxury carmaker, in a bid to champion sustainability, has announced that it will stop making fossil fuel cars and switch to hybrids from 2026 and aims to be completely carbon neutral by 2030.
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Solar power to feature in Vendée Globe sail race
Sailors on the round-the-world race will be relying on a range of the latest technologies, including solar-generated power.
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First visuals of new Oyster yacht
The UK’s Oyster Yachts has unveiled the first visuals of its latest model currently in production, the Oyster 885GT Grand Tourer.
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Volvo Penta to exit outboard segment
Swedish engine maker Volvo Penta announced today that it will phase out production of Seven Marine outboard engines, although it will continue to support the brand’s existing customer base
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Scott Bauer named to head Parker Boats
Correct Craft looked inside its organisation for the new president of Parker Boats, Scott Bauer.
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Sailfish Boats expands dealer network
Sailfish Boats has added nine US and Canadian dealers in the 60 days since Rob Parmentier took over the role of president and CEO back in August.t.
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‘Phenomenal’ first quarter for Malibu
Growth in net sales, gross profit and net income point to strong start to 2021 FY for US fibreglass boatbuilder
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Strong investor interest in Greek port
Greek government planning, despite the difficulties caused by the coronavirus pandemic, continues to be implemented with the aim of maximising the growth potential of the country’s ports for the benefit of local communities and the Greek economy as a whole.
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Ecoworks Marine appoints Australian distributor
UK-based Ecoworks Marine has expanded its distribution network by officially appointing One Stop Marine for Australian territories.
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Turkish marinas pull together in face of disaster
Turkish marinas have shown an impressive display of solidarity following the mini tsunami that struck the country’s Aegean coast last week.
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Volvo outlines path towards zero-emission products
As part of its Market Capital Day, Sweden’s Volvo Group made a passionate pitch to investors today about the company’s vision for fossil-free products and for the business as a whole over the next two decades
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Stockholm to debut “world’s first charging network” for electric boats
Charging stations will be set up in the Stockholm archipelago Candela, the Swedish electric boat manufacturer, has teamed up with solar energy supplier Nordsol to roll out what it describes as the “world’s first charging network” for electric boats. The new charging posts will be installed in ...
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Suzuki Marine has credible first-half year
While total corporate results showed sigfnificant weakness, Suzuki’s Marine division produced first-half results virtually level with 2019…
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USVI Charter Yacht Show to go ahead as planned
The US Virgin Islands (USVI) Charter Yacht Show will be held as scheduled from 12-15 November in both live and internet environments to accommodate those on restricted travel and encourage travel to the islands.
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Silent-Yachts reports strong sales in recent months
Silent-Yachts, the Austrian producer of solar-electric catamarans, has reported strong sales in recent months. The company now has 10 solar-electric catamarans in build – one Silent 55, five Silent 60s and four Silent 80s.
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Green light for new luxury marina in eastern Crete
The construction of Elounda Hills Marina in eastern Crete, part of the Elounda Hills tourism project by developer Mirum Hellas, has been given the go-ahead following a joint ministerial decision.