All articles by Subscriber-only – Page 198
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NewsBeneteau Group makes major acquisitions in charter & boat club sectors; revises 2021 forecast
Investments total €40m; full-year revenue growth expected to be over 7%, up 5% on previous forecasts
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NewsGarmin reports record revenues, profits in 2021 Q2 results
Garmin reported record revenues and profits among its 2021 second quarter financial results, which were released Wednesday. The Kansas, US-based electronics manufacturer reported… To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content.
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NewsSunseeker outlines platform for growth; confirms strong sales trajectory for 2022 and beyond
UK builder says next two years should take sales in units and value, to new heights
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NewsBahamas moves to be “flag state” for superyachts
Adopting the Bahamian flag would encourage home-base porting
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NewsMarine Products Corp Q2 sales up 65%
255% YOY jump in operating profit, 239% increase in net income highlight positive second quarter for US boatbuilder
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NewsSecond acquisition in a week for OneWater Marine
Definitive agreement to acquire PartsVu marks a notable expansion into the parts and accessories sector for US boat dealer
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NewsSunseeker’s reports loss following Covid production shutdowns; sales boost in Q4
Boatbuilder sees production and sales levels pick up in Q4
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NewsRecord Q2 for Polaris
Boat sales surge by 40% while recording 155% YOY gain in gross profit to help drive strongest second quarter in company history
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NewsHubbell Q2 net sales up 26%
Shore power equipment manufacturer reports gains in sales, gross profit, operating income, net income in solid second quarter results
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NewsCape Town boat exports impacted by Transnet cyber-attack drama
Conjestion at South African Ports causes long delays
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NewsOasis Marinas secures new investment from Access Holdings
Funding will help expand the company’s marina activities
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NewsMarine lenders’ report shows no new funding technology, decline in loan defaults
The NMLA report uncovers a number of surprising findings
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NewsSuperyacht insurance firms end merger discussions
Conflict with US Justice Department brings talks to an end
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NewsWorld Cat rolls out first boats from new Greenville plant
Facility acquired in August 2020 ready to ship product in just 11 months
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NewsSpradling acquires assets of US competitor
The agreement strengthens Spradling’s presence in the US Midwest and Southeast
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NewsAnother Balance milestone with launch of first 482; update on St Francis fire damage
The launch is welcome news for the South African yard which earlier this month lost two hulls from their 526 line in a fire
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NewsOXE Marine boosts margin with higher OXE300 sales
The outboard engine manufacturer continues to assess use of BMW’s 4-cylinder two litre turbo diesel engine for marine application
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NewsNew superyacht fuel cell system in development by Lurssen and Freudenberg
System allows zero emission 15-days at anchor or 1,000nm+ cruise
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NewsBrisbane 2032 Summer Olympics win seen as boost for Australian boating sector
Anticipated to draw good number of superyachts to city and gold Coast
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NewsMarineMax reports record Q3
US boat retail group reports revenues up by 44% for nine months into fiscal 2021
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