All articles by Subscriber-only – Page 239
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Feature
Kiwi big-boat boom
With more than 80 boats over 10m currently in build or on contract in New Zealand, it seems that the Kiwi big boat industry is still very much alive and well. In fact you could say it has never been stronger.
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Report
Market Overview | Netherlands
Resurgence in the small boat market has been a major positive, though challenges remain for the large boat sector and the impact of a second lockdown is yet to be fully realised
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Report
Market Overview | USA Equipment
The cancellation of global physical events like IBEX and METSTRADE to Covid-19 may have changed the industry landscape this year, but the pandemic is done nothing to stem the tide of innovation in the marine equipment sector.
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News
Volvo Penta to exit outboard segment
Swedish engine maker Volvo Penta announced today that it will phase out production of Seven Marine outboard engines, although it will continue to support the brand’s existing customer base
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News
‘Phenomenal’ first quarter for Malibu
Growth in net sales, gross profit and net income point to strong start to 2021 FY for US fibreglass boatbuilder
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News
EU: Covid-19 interrupts Q3 rebound, dashing hope for quick recovery
The EU’s autumn forecast comes as a second wave of the pandemic slams the European economy
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News
Volvo outlines path towards zero-emission products
As part of its Market Capital Day, Sweden’s Volvo Group made a passionate pitch to investors today about the company’s vision for fossil-free products and for the business as a whole over the next two decades
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News
Stockholm to debut “world’s first charging network” for electric boats
Charging stations will be set up in the Stockholm archipelago Candela, the Swedish electric boat manufacturer, has teamed up with solar energy supplier Nordsol to roll out what it describes as the “world’s first charging network” for electric boats. The new charging posts will be installed in ...
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News
Suzuki Marine has credible first-half year
While total corporate results showed sigfnificant weakness, Suzuki’s Marine division produced first-half results virtually level with 2019…
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News
St Francis Catamarans boosts production despite recent setbacks
South African yard St Francis Catamarans is targeting the hybrid electric market as it rebounds in the wake of recent setbacks. The St Francis Bay yard has boosted production and widened its marketing network on the back of recent orders and enquiries, according to yard chief executive Rob Brennan. Brennan ...
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News
Miami Beach voters sink marina redevelopment plan
Voters in Miami Beach have rejected the US$55m sale of air rights over the city-owned marina, effectively killing a multimillion-dollar redevelopment deal. Developer David Martin planned a 385ft luxury residential tower and rehab to the Miami Beach Marina including a US$22.5m 45,000sq ft marina facilities building, US$40m in capital improvements ...
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News
FLIBS lessons learned from a proof of concept laboratory
The Fort Lauderdale International Boat Show (FLIBS), which closed its five-day run on Sunday, was not only a success by every outward measure – most notably, exhibitor sales – but can serve as a model for other industries, public events and governments as we navigate a world that sees no ...
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News
Eekels Technology absorbs bankrupt De Keizer Marine Engineering
Eekels Technology BV, a Dutch builder and installer of electrical drive and shore power connection systems, has agreed to take over De Keizer Marine Engineering which was declared bankrupt on October 15. No financial details were announced. Eekels said in a statement that De Keizer’s activities “will boost its position ...
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News
No stopping Queensland’s superyacht shipyard capacity
Just days after Rivergate Marina & Shipyard announced a $200m expansion, a further two new developments stand to significantly impact on Queensland’s superyacht shipyard capacity. One of these is a new collaboration involving the Gold Coast City Marina & Shipyard (GCCM) for superyachts up to 120m (394ft) and the takeover ...
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News
New measures announced in France - FIN responds
Late last week the French government announced a new decree (No. 2020-1310) that ”prescribed the measures necessary to deal with the Covid-19 epidemic”. Article 46 of the decree states that while ‘beaches, bodies of water and lakes are open’ (unless the prefect decides otherwise in the event of non-compliance with ...
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News
FLIR releases Q3 results ‘in line with expectations’
FLIR reported third quarter financial results in line with expectations on the strength of growing military sales Virginia, US-based FLIR Systems Inc released its third quarter financial results on Friday, reporting strong earnings, a healthy backlog and the reinstatement of its 2020 guidance. For the quarter ended ...
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News
Sunsail to withdraw from Palma; Travelopia responds to tougher climate
The cost of mooring fees in the key Spanish sailing centre of Palma has led to Sunsail, one of the leading sail holiday companies and part of the Travelopia Group, withdrawing from Mallorca, according to a report in the Majorca Daily Bulletin.
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News
Solaris introduces four new sailing yacht models
Despite Covid-19, Italian builder Solaris Yachts has experienced a very busy summer period through July-September with the launch of four new sailing yacht models. The delayed Genoa Boat Show proved both timely and successful for the brand.
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News
Wells Fargo Marine Group President on boat finance in the US - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI’s recent interview with Bruce Van Wagoner on current trends in the North American leisure marine industry, inventory pipeline levels, forecasting in the age of Covid-19 and whether boat dealerships can become too big to fail.
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News
Lippert reports ‘exceptional’ Q3
US-based Lippert Components added its Q3 results to the recent stream of good sales and revenue reports coming out of the third quarter, generated by the unexpected surge in demand for outdoor products in 2020 – including boating.