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News‘Generational business ownership change’ focus of International Breakfast Meeting
Azimut-Benetti’s Giovanna Vitelli highlighted her story at boot Düsseldorf last week
NewsBahamas yacht charters down 40%, operators blame VAT
The island nation’s 10% value-added tax on foreign-owned yacht charter contracts is said to be contributing to the decline
NewsNew Polish boat brand launches in Düsseldorf
IBI speaks to the company’s development team to uncover the vision behind the brand
NewsVolvo Group reports strong Q4, full-year revenues
But lower deliveries for Volvo Penta in a softer market
NewsSilent Yachts restructures following collapse of subcontractor
Objective to transition from a founder-funded entity to an investor-funded one
News2023 Brazilian yacht segment generates R$2bn in 2023
New Bain & Co report says growth driven largely by the Covid pandemic
NewsIncentives, discounts lead MarineMax to record FQ1 revenue
Growth comes despite challenging retail environment
NewsGerman builder files for insolvency
Yard blames slower than expected growth in sales on the back of recent expansion
NewsBalk Shipyard holds own as converter of superyachts
New CEO says Dutch yard has “no shortage” of projects on the go
News2023 Q4, full fiscal year a mixed bag for Marine Products Corp
Q4 sales down 35%, full-year revenues up 1% for US fibreglass boat builder
NewsCanadian, US boating markets poised for 2024 recovery – Wells Fargo
Economist Nick Bennenbroek says factors in place for market improvement by mid-year
NewsUK brand in search of new build facility
Pearl Yachts is looking to increase production capacity, particularly for its larger models
NewsRecord Q4 sales for Teledyne
Raymarine parent achieves new revenue mark on strength of higher sales in marine, medical and aerospace segments
NewsNautor Swan reports strong order book at Düsseldorf
The Finnish brand has an active order portfolio of over €150m
NewsHugelmeyer – multiple solutions needed for marine sector decarbonisation
NMMA president Frank Hugelmeyer says electrification alone is not the answer to reducing boating’s carbon footprint
NewsFairline holds world debut of Targa 40 at Düsseldorf
The UK builder is also displaying its new Squadron 58 at the show
NewsSevenstar halts service through Suez Canal
Service suspended as allied strikes intensify against Houthi rebels
NewsFrench cat builder plans major expansion in Portugal
Investment of “tens of millions” of euros to support new YOT powerboat brand
NewsMore catamarans head south as SA records visitor growth
South Africa’s Ocean Sailing Association reports significant increase in the number of visiting catamarans
NewsToronto International Boat Show opens to good crowds
New product debuts and solid consumer interest mark positive opening weekend for North America’s largest indoor boat show
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