All articles by Subscriber-only – Page 244
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Flourishing season for Swedish boating industry
Some Swedish companies have reported their best season ever After a very “different” boating season, members of Sweboat, the Swedish marine industries federation, have reported a very good and flourishing summer for the boating industry. “Our latest survey, which mostly focused on the summer months, shows that ...
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Leopard Cats reports strong private sales of new model during lockdown
The shift to private sales is largely due to impact of Covid-19 on the charter business
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IBEX Online: A Virtual Experience by the numbers
Attendees included nearly 3,000 registered from 25 countries
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Metal Shark enters recreational yacht market
The US workboat builder has unveiled a new line of expedition catamarans
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Apax Partners Boats Group acquires another leading online marketplace
Boats Group, the business behind the largest online marketplaces for boats and yachts, has acquired Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions. The acquisition reinforces the company’s focus on expanding its global footprint and increases consumer engagement throughout Western Europe. Boats Group’s marketplaces already connect the ...
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Sanlorenzo confirms 2020 will be as good as 2019 despite Covid-19
Strong finances and new product plans announced at Genoa show
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Dubai Boat Show latest update
The Dubai International Boat Show (DIBS), postponed from its original March dates of this year, is still scheduled to take place from the 24th to the 28th of November 2020, according to the organisers, the Dubai World Trade Centre (DWTC). An online webinar last week on opening up Dubai for ...
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IBEX panel: applying lessons learned during Covid-19
What did the US boating industry learn from the early stages of the Covid-19 pandemic and how does it apply those lessons going forward? That was the question posed to a panel of industry heavyweights including Correct Craft CEO Bill Yeargin; Martin Bjuve, president, Volvo Penta Americas; MarineMax director of ...
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UIM introduces electric powerboat racing
The Union Internationale Motornautique (UIM), the international governing body of powerboating based in the Principality of Monaco, has announced the introduction of the first electric powerboat championship with plans for a global series that is hoped to promote and expand the use of electric propulsion in boats. The UIM ...
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boot Düsseldorf: Show’s project director outlines Covid plan for 2021 and exhibitor uptake to date
IBI talks to Project Director boot Düsseldorf, Petros Michelidakis
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Hanse reports record order book but substantial write-down
Against the backdrop of €67.5 million in orders, German boatbuilder HanseYachts has disclosed a -€13.9 million impairment of its asset portfolio and -€15.9 million fiscal year loss – primarily related to the impact of Covid-19 and delayed restructuring at its French subsidiary Privilege
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Dominican Republic to boost nautical tourism, local boatbuilding
The Dominican Republic is already starting to think about “post-pandemic” recovery and one senator from the Modern Revolutionary Party (MRP) believes that nautical tourism, along with boatbuilding and repair, could be key. Senator Alexis Victoria introduced legislation inspired by the “new world paradigm” known as the Blue Economy, which the ...
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New Russian yacht-building cluster gets major investor
Mining giant to invest in yachting cluster on Norway’s border
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60th edition of Genoa Boat Show opens in face of Covid-19
Some 400 brands from over 20 countries represented
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Thai shipyard rebrands; continues to expand facilities
Orders for five solar-powered catamarans part of yard’s order book
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Italian composites firm to debut 3D-printed fibreglass boat
MAMBO: “The next generation of boat design” Italian startup Moi Composites is set to unveil what it is calling “the world’s first real 3D-printed fibreglass boat” during the 2020 Genoa Boat Show from 1-6 October. MAMBO (Motor Additive Manufacturing Boat) is the world’s first fibreglass boat using ...
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Alliances, advocacy can help US boating industry survive post-pandemic
The US recreational marine industry seems to have not only survived the early stages of the Covid-19 pandemic, but thrived, and should be focusing now on how to retain the 44,000 new boaters who hit the water between March and June, according to National Marine Manufacturers Association ...
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Damen Shipyards Group completes restructuring to regain profitability
Damen Yachting’s main facility in Flushing, the Netherlands Damen Shipyards Group has completed a corporate overhaul ending its fragmented structure, making the Dutch company that runs 36 shipbuilding and repair yards worldwide profitable again. In January, Arnout Damen, son of founder Kommer Damen, became CEO, succeeding founder ...
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First hydrogen-powered yacht premieres in Monaco
The 40ft ‘New Era’ was designed by Hynova Boat What is being touted as the world’s first hydrogen-powered yacht designed by Hynova Boat premiered last week in Monaco during the Planetary Health Week Capital Yachting Experience. The French company launched ‘New Era’ from the La Ciotat Dockyard ...