Sector News – Page 6
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Tough Q3 for Myers Industries
Goodwill impairment charges leave US plastics firm with US$10.9m quarterly loss
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Finnboat takes over organisation of Naantali Boat Show
The Finnish marine industries federation is the new organising body for the May event
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C-MAP expands European chart coverage
Cartography upgrades include new inland lakes, expanded coastal detail across UK, France, Denmark and Portugal
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Polish lake district to get new marina
A 150-berth facility is planned for Ruciane-Nida in Warmia-Masuria
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Yanmar distributor celebrates company milestone
The Croatian firm has sold more than 5,000 Yanmar engines over three decades
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Oyster Yachts names new Caribbean service provider
Ultra Refit Antigua will offer yacht maintenance, refits and guardianage
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Cummins reports flat Q3 results
US engine builder notes higher international sales overall and in its engines segment
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Brownell announces Norwegian distribution partner
US yard equipment manufacturer to be represented by Kristiansand-based Flak AS
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Twin Disc has positive Q1 led by marine, Katsa Oy acquisition
Strong start to fiscal 2025 for US-based marine transmission specialist
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Beneteau reports 39% drop in Q3 boat revenues
Macroeconomic uncertainty and the still limited visibility regarding the current season continue to weigh on the group’s results
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Sunseeker deal value disclosed
Latest deal means that all three of Britain’s largest powerboat builders now in the hands of private equity investors
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Fountaine-Pajot acquires top Asian dealership
The move follows a successful 25-year collaboration between the two firms
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MDS Brand inks multiple boatbuilder partnerships
US tech firm announces collaboration agreements with several key boat brands for innovative website configurator tool
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Yamaha FQ3 revenue up, income flat, marine sales down
The Japanese provider of power products has revised its operating income forecast for fiscal 2024 downwards
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MasterCraft 2025 Q1 revenues down 30%
Improving inventory pipeline, enthusiasm for new product and a cash injection from the divesture of its Aviara business leaves US boatbuilder confident as 2025 boat show season approaches
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Trump’s return may rekindle transatlantic trade spats
US President Donald Trump sees tariffs as a weapon to return jobs to America
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IMTRA signs Zipwake supply agreement with Tiara Yachts
Dynamic trim control platform to be incorporated on all 2025 outboard-powered models
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Absolute unveils new model, appoints Spanish dealer
Italian builder adds the Absolute 70 Fly to its expanding range
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Lithuania to get new marina as part of cruise ship terminal project
New facility will help ease shortage of berths for leisure craft
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Patrick Q3 revenues up 6% despite marine segment declines
Marine revenues drop 21% YoY as OEM shipments slow in soft boat market