All articles by Subscriber-only – Page 248
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News
Smoker Craft CEO Doug Smoker - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI North America correspondent Craig Ritchie’s recent interview with Doug Smoker on keeping up with surging boat sales in the US market, US tariffs on aluminium, keeping boating affordable and the growth of first-time buyers.
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German on-water show opens this week
This week, Boot und Fun Inwater opens the 2020 trade fair season – as the only floating show in Germany presenting boats on the water
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Grand Banks reports results & plant closure
The Malaysian luxury boat builder finished its fiscal year 2020 on a strong note with a 30% increase in revenues and fifth consecutive year of profits despite 8 weeks of shutdown and restructuring costs.
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News
Sanlorenzo confirms 2020 outlook
Italian luxury yacht builder reports €566 million order book and expects net revenues and EBITDA in line with 2019 results; announces new sales events
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Interview
IBI speaks with Smoker Craft CEO Doug Smoker
IBI correspondent Craig Ritchie speaks with American boatbuilder Doug Smoker, President & CEO of Smoker Craft, a line of fishing and deck boats with wide appeal among among America’s extensive angling and fishing market – about a wide range of topics including the remarkable demand that is expanding boating’s ranks, ...
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News
Higher profits offset lower Q2 revenues for BRP
Recreational products manufacturer BRP said Q2 delivered better than expected results driven by strong worldwide retail demand for its portfolio, including PWCs and boats. Wind-down of the Evinrude outboard business was reflected in a 35% drop in marine revenues.
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News
Q4 plant shutdowns drag down full-year revenues for Malibu
Challenging fourth quarter leads to 4.5% net sales decline for FY 2020, but company looking to grow share in 2021 with new model introductions
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News
Vanquish ramps up production as its targets US offshore recreational fishing market
New luxury sportfish superyacht on the drawing board
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Government audit clears Team New Zealand in America’s Cup controversy
No evidence of financial wrong doing or misappropriation of funds
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Voodoo Yachts wins order for five foiling powercats
Pachoud Yachts’ Voodoo brand gains momemtum
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News
Oyster CEO & Owner, Richard Hadida - The 15-minute read
Not watched the video yet? Read the transcript of IBI’s recent Oyster interview, where owner and CEO Richard Hadida explains why business is booming; plans for new models; and how he’s revolutionising production
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News
Rolls-Royce launches Power Lab to develop future fuel technologies
Marine focus on innovative and net zero carbon drive and energy solutions
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News
New diesel outboard launched
British firm testing new 50hp diesel outboard ready for delivery in 2021
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Wajer adds ‘Foil Assist’ to 38, 38 S models for more comfort
Preliminary technical research shows ‘Foil Assist’ cuts fuel use by 10 to 20% and boosts maximum speed
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News
2020 Q4, full-year sales down for Twin Disc
Covid-19 impacts and soft commercial markets lead to 18% YOY revenue decline for US equipment manufacturer
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News
Mercury enters surf runabout segment with new forward-facing outdrive
Mercury’s new Bravo Four outdrive marks the company’s entry into the lucrative surf runabout segment Mercury Marine has introduced a new Bravo Four S forward‑facing outdrive, positioning the company to enter the rapidly-growing surf runabout segment. Utilising twin counter-rotating propellers mounted on its forward face, the new ...