All articles by Subscriber-only – Page 249
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NewsNova Luxe acquires SA yacht-builder
Just one year after launching its first all-electric yacht, US-based Nova Luxe has acquired South African yacht-builder Scape, according to a company statement. Scape has been producing highly efficient catamarans primarily for the charter fleet market for more than 15 years. Nova Luxe plans to adopt the Scape models to ...
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NewsUS study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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NewsGYG issues strong first-half trading update
CEO Remy Millott: “The team’s focus on improving margins is starting to flow through” Global Yachting Group (GYG), the UK-based superyacht painting, supply and maintenance firm, has issued a positive first-half trading update for the six months ended June 30, 2020. The announcement comes not long after ...
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NewsGenting HK plans debt restructure
Hong Kong-listed Genting HK has been forced to take desperate steps to address the serious financial impact of Covid-19 on its core activity as the largest cruise ship operator in Asia. It owns Star Cruises, Dream Cruises and Crystal Cruises. Tan Sri Lim Kok Thay, Chairman & Chief ...
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VideoIBI speaks with Oyster CEO Richard Hadida
IBI’s Ed Slack speaks with Richard Hadida, Owner and CEO of UK-based luxury sailboat builder Oyster Yachts about order levels, current operations, the focus of new investments and product launches and boat show plans.
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NewsZin Boats looks to be ‘Tesla of the sea’
The Z2R can reach speeds of well over 30kt After 20 years designing racing sailboats while working for the likes of BMW and General Motors, Piotr Zin moved to a houseboat on Seattle’s Lake Union and started becoming concerned about the future. “The reason I started working ...
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NewsCanadian power equipment builder targets Europe
Xantrex hopes to build its European business on a new line of 230V inverter-chargers Burnaby, Canada-based electrical equipment manufacturer Xantrex aims to build its export business with a new product line developed specifically for the European market. The company says that its newly-announced Freedom XC 230V inverter/charger ...
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Report
Market Overview | Taiwan
Taiwan got to grips with the Covid breakout better than any other country, but it’s legion of local builders may yet bear the brunt of the pandemic as it continues to ravage crucial export markets
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Report
Market Overview | Europe
The fallout of Covid-related lockdowns and safety protocols has had far-reaching impacts on Europe’s industry, but there are winners amid the upheaval. What does this mean for the boating sector?
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NewsHelsinki Boat-Afloat boosts late-summer sales in Finland
Visitors were able to view the boats safely on the piers and in the marina of the HSK yacht club More than 10,000 people visited the Helsinki Boat-Afloat Show in Lauttasaari, Finland last weekend, with warm, sunny weather helping to boost late-summer boat sales. It was the ...
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NewsX-Yachts enters powerboat market
Danish sailboat builder X-Yachts has entered the powerboat market with a debut planned for January next year.
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ArticleBrunswick CEO shares insights on engine design
David Foulkes’ background and passion for engine design as head of product development at Brunswick Corporation’s Mercury Division before taking on the company’s top spot as CEO reveals how his company is responding to the demand from boat builders to integrate more powerful outboards into their designs.
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NewsAMAALA awards excavation contract for Triple Bay Marina
As part of the huge Amaala tourism development in the Red Sea, a contract for the excavation of one of the marinas in the project has been awarded to Dubai-based Hasan Al-Harbi Corp (HASCO). The new facility is the 200-berth-plus Triple Bay Marina which will have the ability to berth ...
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VideoUK: IBI State of the Industry Briefing
Get interactive and watch IBI’s industry interview about the current state of the UK’s boating industry and domestic market performance. IBI Editor Ed Slack speaks with Lesley Robinson, CEO of British Marine.
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VideoNetherlands: IBI State of the Industry Briefing
Get interactive and watch IBI’s industry interview about the current state of the Dutch boating industry and domestic market performance. IBI Editor Ed Slack speaks with Jeroen van den Heuvel, Head of Member Services & Manager of Department of Trade for HISWA Holland Marine Industry.
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VideoFinland: IBI State of the Industry Briefing
Finland is a microcosm of what countries across Europe are reporting – booming interest in boating, soaring sales and newcomers – evidenced a week ago at the first major boat show to take place in the region since March. IBI Editor Ed Slack speaks with Jarkko Pajusalo, CEO of ...
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VideoSweden: IBI State of the Industry Briefing
Get interactive and watch IBI’s industry interview about the current state of Sweden’s boating industry and domestic market performance. IBI Editor Ed Slack speaks with Mats Eriksson, CEO of the Swedish Marine Industries Federation (Sweboat)
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VideoSpain: State of the Industry Briefing
Spain saw a dramatic drop in activity in the first quarter but is now enjoying an influx of newcomers, particularly in smaller day boats as well as take up of charter bookings which normally were taken up by inbound tourists. IBI Editor Ed Slack speaks with Jose Luis Fayos, Technical ...
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NewsGold Coast gears up to handle more superyachts
Expansion of facilities attracts increased number of large yachts
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ArticleBrunswick Corporation | David Foulkes
David Foulkes’ career to date has been underscored by one great passion: design. IBI contributor Francesca Goi speaks with Brunswick’s chief executive officer about his roots in the Mercury Division responsible for development all of the company’s engine products since 2007, including the recent successful line of more powerful outboards.
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