All articles by Subscriber-only – Page 148
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News
Candela enters French market
Swedish tech firm forms exclusive partnership with recreational boat reseller
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MYBA to undertake full review of operations
Ethics, code of practice, events and other areas all to be looked at
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US dealer breaks ground on ‘significant’ expansion
Newest Tommy’s Boats location to be completed in autumn 2022
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New Turkish charter licence and VAT initiative highlighted at MYBA Charter Show
Associations working to improve Turkey’s yacht market
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Garmin Q1 revenues a record $1.17bn
Marine revenues up 21% in strong first quarter, despite ‘old and new’ headwinds
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Rio Boat Show generates over US$50m in sales
More than 35,000 people visited the show’s 23rd edition earlier this month
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Sea-Fire distributor sold
Fire Ranger represents the company’s fire detection products in South Florida
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Supply chain, logistics challenge Q1 revenues for Marine Products Corp
Component shortages and logistics bottlenecks lead to lower revenues and profits
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Record number of exhibitors to attend Palma show
More than 20 companies turned away due to lack of space
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US pontoon builder’s expansion plans already paying off
Waco Manufacturing completed its move to larger facilities in Arkansas in March
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Bonnier marine group part of strategy shift
Swedish-owned Bonnier Group says it has restructured operations and is rebranding its media business as an “Outdoor Adventure Company”
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Polaris Q1 sales flatten under supply chain woes
Marine segment leads with 6% YoY sales growth, to $211.5m
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Hubbell reports Q1 sales, profit gains
Electrical equipment manufacturer reports 21% YoY revenue increase and near-40% jump in net income, reflecting what CEO describes as a “strong start” to 2022 fiscal year
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Feature
A New Type of Shore Power
A new shore power connection that uses magnets in place of the traditional plug-and-socket promises greater safety and added capabilities – including the ability to fast-charge electric boats
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US brokerage expands into Rhode Island
Ft Lauderdale-based company opens new location in Newport
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Sanlorenzo yacht catches fire, sinks in Valencia harbour
The explosion could have been caused by damage to the yacht’s lithium batteries
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Borrow A Boat wins 2022 BOLD Award, hints at IPO
The UK-based boat hire and yacht charter marketplace has already completed a string of successful crowdfunding rounds, acquisitions and country expansions