All articles by Subscriber-only – Page 250
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VideoCroatia: State of the Industry Briefing
IBI Editor Ed Slack speaks with Milan Sangulin, Director of the Biograd Boat Show which is scheduled to proceed 21-25 October, who details the situation in the country’s charter market – purported to be the world’s largest – as well demand for locally-built boats, and efforts underway to make the ...
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VideoPoland: IBI State of the Industry Briefing
Poland is the world’s second largest boatbuilding nation in unit volume after the US and saw record production in 2019. Polboat’s Michal Bak speaks to IBI about the impact of the pandemic and prospects for the remainder of the year, especially in the absence of key boat shows. The interview ...
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NewsSingapore experiences ‘mini boating boom’ as international leisure travel remains restricted
The charter market in Singapore is currently very strong, as are boat sales Source: Sebastian de Groot Boating within Singapore waters is at an all-time high, as boat owners and chartered boats pack popular anchorages over the weekends, confirms local boating expert Wade Pearce in a call ...
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VideoIBI speaks with Finnmaster’s Kjell Björklund
IBI’s Ed Slack speaks with Kjell Björklund, Managing Director of Finnmaster Boats, Scandinavia’s largest builder, about his ambitions for the builder’s three brands, including production volumes, new model developments, and ways in which the pandemic has affected how the company is operating.
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NewsTemasek withdraws from planned SG$4bn share purchase in Keppel Corp
Marina at Keppel Bay is one of Singapore’s largest marinas A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, ...
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NewsUS yachting sector showing signs of recovery
Despite 81% of yacht-builders reporting Covid-related business declines in the first quarter of 2020, the market is already showing promising signs of recovery, says one industry observer. As lockdown restrictions began to ease, so did buyer hesitancy, according to Affinity Group CEO Andrew Morgan. “Many potential acquisitions lined ...
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NewsFinnish boat registration up strongly as Helsinki Boat-Afloat opens its doors
More than 250 boats are on display at Helsinki Boat-Afloat The ‘staycation’ trend has provided a positive boost to boating in Finland this summer, with 22% more boats registered in the first half of 2020 compared to the same time last year. According to Finnish marine industries ...
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VideoItaly: IBI State of the Industry Briefing
Get interactive and watch IBI’s industry interview of Italy’s most knowledgeable expert on the state of the country’s boating industry and domestic market performance. IBI Editor Ed Slack speaks with Dr. Stefano Pagani Isnardi, Head of Technical, Statistics, Research & International Relations for Italy’s marine industry association, Confindustria Nautica.
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NewsWajer adds ‘foil assist’ technology to 38, 38S models
The Wajer 38S with foil assist technology Wajer Yachts has upgraded its 38 and 38S luxury dayboats with a ‘foil assist,’ a striking feature fixed to the hull below the midship steering wheel that generates a smoother ride with less slamming. The Dutch builder of luxury motor ...
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NewsBeneteau Group CEO, Jérôme de Metz - The 15-minute read
Not watched the video yet? Read the transcript of IBI’s recent interview with Beneteau Group CEO where is explains the thinking behind the French builder’s ambitious new strategy to cope with a fast changing market
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NewsUS private equity firm buys Yale Cordage
In its 99th deal since being established in 1989, US private equity business River Associates Investment has bought Yale Cordage, a leading supplier of rope systems to the recreational and commercial marine sectors. The acquisition was in partnership with Yale’s management team. No value for the purchase has been released. ...
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NewsOXE Marine signs deal with China’s largest outboard engine manufacturer
Parsun to distribute the OXE diesel outboard range in China
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NewsNorwegian electric outboard company receives EU funding
Evoy’s vision is to eliminate emissions from boats
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NewsDufour sells JJL Catamarans to Croatian charter firm
Italy’s only serial cat producer has been sold to Under the Heavens
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NewsFirst electro-hydrogen production boat to debut at Cannes
Energy Observer Developments will present its hydrogen fuel cell technology integrated with a new 40-foot open boat developed with Hynova Yachts as a dayboat or superyacht launch
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NewsTrump resumes trade war with Canada
It’s Déjà vu for the North American boat industry as US president Donald Trump announces a new 10% tariff on Canadian aluminium, while Canada vows to retaliate
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VideoIBI speaks with Beneteau CEO Jérôme de Metz
IBI’s Ed Slack speaks with Jérôme de Metz, Chairman and CEO of the world’s second largest boatbuilder and global leader in sailboats, Groupe Beneteau about the company’s new strategic plans which includes a trimmed down brand porfolio, rationalisation of production capacity and further expansion of services and digital capabilities.
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NewsFire flattens US boat trailer plant
HLT Limited moves production to newly-acquired second location, expects minimal production delays
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NewsLegal dispute over loss of £25m superyacht involves Peters & May
My Song fell off ship while en-route from Antigua to Genoa
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NewsYamaha announces first six months results; marine sales down 16.3%
Net sales for Yamaha Motor Co Ltd’s consolidated accounting period for the first six months of the 2020 fiscal year ending December 31, 2020 were ¥685.5bn (a decrease of ¥170.4bn or 19.9% compared with the same period the previous fiscal year). Operating income was ¥19.1bn (a decrease of ¥49.9bn or ...
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