All articles by Subscriber-only – Page 181
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YachtCreators in $100m joint venture to offer new-build financing
US-based new-build and brokerage company partners with finance firm
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Patrick expands marine footprint
In its third marine-focused acquisition of the year, Patrick Industries has further expanded its portfolio of marine products with the addition of an audio product specialist
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IBI interviews Hamza Mustafa, COO of P&O Marinas
Newly appointed COO talks to IBI about P&O’s future plans and Dubai’s vision for yachting and boating
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US ports to begin fining shippers for container delays
California container ports accelerate ship unloading, but now running out of room as offloaded containers awaiting trucks clog the docks
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Harwood Capital abandons takeover plan for superyacht services business GYG
Group believes it will be able to meet working capital and due debt repayment commitments
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France's Amel invests in production capacities amid rising demand
Amel aims to improve working conditions, manufacturing capacity of its shipyard in western France
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2021 overseas shipping rates up over 90%
Norwegian firm documents 91.5% YOY increase in overseas freight costs in newly-released logistics report
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Marine sales help boost Patrick Q3 revenues by 51% to US$1.1bn
Marine segment revenues increase 85% YOY on strong organic and acquisitive growth
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McConaghy Boats expanding Chinese operations to meet growing demand
Workforce to more than double and additional space being sought
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World’s most extensive ocean cleanup begins for real
Dutch project harvests 29,000 kilos of plastic trash in just three months
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Brunswick reports 5th record quarter with strong start in Ft. Lauderdale
US-based Brunswick Corporation said all of its businesses - Boats, Engines, P&A and Services – had another outstanding quarter and is on its way to closing out the most successful year in the company’s history. A Q&A session with investors provided additional details on the company’s business, and the ...
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Two British boatbuilders fined £430k over health and safety breaches
Both cases brought before judges this month
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Oyster Yachts applies F1 approach with new technologies to boost manufacturing processes
Mix of traditional craftsmanship and state-of-the-art technological benefits
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Suzuki battling shipping issues; customer/product balance
Speaking to IBI at the Ft. Lauderdale show, engine maker Suzuki Marine discusses current opportunities and challenges in the outboard and re-power segment
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Canadian tech firm to enter coatings segment with new fuel-saving bottom paint
C$2.4m Transport Canada research study verified by Lloyd’s Register finds graphene-based bottom paint to deliver fuel economy savings of up to 20%
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Grand Banks back to fulfilling orders
With closures lasting almost 2½ months in its first quarter of fiscal 2021-22 ending 30 September, Grand Banks Yachts saw minimal revenue in Q1, but forward orders remain strong
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Garmin: record Q3 revenues top $1.19bn
Marine segment sales up 25% to $207.5m, earning $54m in operating income