All articles by Subscriber-only – Page 165
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Teledyne: “Raymarine had a great year”
In his Q&A with analysts following the company’s results webcast, Teledyne’s CEO made several specific comments on Raymarine’s performance, including a response to analysts’ speculation about divestitures
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BRP opens design studio in France
New location will allow BRP to continue to diversify its workforce
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Borrow A Boat buys Dutch peer-to-peer platform
UK boat hire and yacht charter firm makes firm move into European market
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Suntex Marinas buys New York location
The 332-berth marina offers an array of first-class amenities
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Frydenbø acquires Polish boatbuilder
Acquisition will help producer of Nordkapp and Sting boats respond to increased demand
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Polish builder to introduce new hybrid, zero-emissions yachts
New hybrid, zero-emission yachts designed to lure eco-conscious customers
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"World’s first" hydrogen-powered flying boat to launch in Dubai
The start-up has already secured part of the required €10m funding
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Key award schemes provide catch-up on new boat models
European Powerboat of the Year, European Yacht of the Year, Motor Boat of the Year, and Best of Boats winners announced
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Boat show update: Australia and NZ
With Covid rife in both Australia and New Zealand, what is happening with the forthcoming 2022 boat shows? IBI takes a look.
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Significant shortfall reported in Discovery Shipyard liquidation
150 company trade creditors listed in issued ‘Statement of Affairs’
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Princess holds successful display of yachts on home ground
UK builder strives to cope with demand in terms of build capacity, employees and new model developments
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Could the opening of the world's biggest lock, unlock Amsterdam's superyacht appeal?
The giant sea lock took a decade to build
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Volvo increases deliveries amidst a turbulent year
Volvo Group’s marine engine business reported a 21% boost in net sales for 2021, which carried through the fourth quarter with strong demand in the leisure marine market
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Caterpillar Q4 revenues up 23%
Full-year net profit jumps 116% on continued high demand in all segments for US engine builder
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Boatbuilding incentives included in new SA Oceans Economy Master Plan
Document includes a list of promising initiatives aimed at bolstering job creation
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Brunswick aiming for $10bn in revenues; profits up 59%
Closing out 2021 with another record year of growth, US-based Brunswick Corporation projects up to $7bn in total sales for 2022 and $10bn by 2025, with gains coming across all segments of the business in both domestic and international markets; continued M&A activity on the horizon
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Dromeas Yachts signs Azimut dealer in China
New Guangdong distributor for Turkish yacht-builder
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MarineMax reports record revenue growth, gross margin and EPS for F22 Q1
US boat retailer increases full-year guidance; reports robust consumer demand