All articles by Tony Esposito – Page 21
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News
Larnaca Marina €1.2bn redevelopment set to begin in January
Major 15-year rehabilitation and upgrade project to be carried out in four phases
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US marine lenders see increase in boat loan defaults, but better than all other consumer loans
NMLA releases 43rd Annual Statistical Report
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MarineMax stock jumps on increased target price projection, new Fraser facility to open in Florida
US bank gives confident vote to US-based dealer and boatbuilder
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Forza X1's electric F22 to begin production Q4 2023
CEO Jim Leffew on Forza X1’s electrification plans
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HELM launches new sales & management division
UK-based yacht charter company looks to take its offering to the “next level”
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News
Increased yacht traffic leads to marina redevelopment along Suez Canal
Suez Canal Authority to develop and expand three marinas as it looks to take advantage of Egypt’s unique geographic location
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News
MarineMax increases floor plan by US$200m for future growth
Expansion fuels company’s liquidity and financial flexibility
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News
Aquasport acquisition fills market need, will offer Forza X1 electric outboards
TwinVee is hoping to put some Forza motors on Aquasport boats by mid-2024
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Growing controversy surrounds US$16m Florida marina project
Safe Harbor Marinas alleges that City Harbor LLC won its bid to build the marina through illegal means
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News
Forza X1 electrifies fanbase with Florida launch party
The company has made great strides since launching in late 2021
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Malibu Boats settles 2014 product liability claim for US$100m
The US builder was being sued by the family of a boy killed in an accident involving a Malibu Response LX bowrider
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News
Yamaha to merge with its electronics subsidiary
Move is in line with the company’s medium-term management plan announced last year
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News
Monaco Energy Boat Challenge celebrates 10 years
Some 46 teams from 25 nations will showcase 50 boats at this week’s event
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News
US Congress moves to stymie boat speed rule proposal
The NOAA proposal overlaps with prime fishing seasons along the US Atlantic coast and impacts some 63,000 registered boats
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News
South Florida facing superyacht docking shortage
Demand is so intense, would-be slip-holders are paying a US$10,000 deposit just to get on the waiting list
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Calls for vessel speed restriction in US Gulf of Mexico to protect the Rice’s whale
The species was only identified in 2003, of which researchers believe there are only 50 in existence.
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Some Mercury Marine production delayed a second week due to IT security breach
Multiple facilities globally were affected by last week’s cyberattack
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USA
Boatbuilders are embracing new market dynamics to capture younger audience
US boat builders are making strides to address an increasingly dynamic market in the face of affordability challenges and the evolving demands of a newer, younger buyer. IBI reports on new product development among the country’s key volume builders