Industry News – Page 18
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Reduction in operating loss
Fairline Yachts Ltd had an operating loss of £15.7m, excluding exceptional items, during the year ended 31 December 2020.
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Investing in future growth
Direct Tool Company (DTC) Ltd is investing in a series of initiatives to keep up with demand.
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Crown court trial for high-speed RIB driver
Two men have been sent for trial in connection with the death of a girl after a high-speed sightseeing RIB crash.
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Autonomous navigation project
Robosys Automation, developer of autonomous and unmanned navigation system software, is taking part in a project driven by the UK’s Maritime Coastguard Agency Smart Shipping initiative.
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Franchises extended
Online yacht broker, Boatshed, has extended its franchise operation to Puerto Calero, Lanzarote, and Cape Town, South Africa, giving it a foothold in more than 70 locations in 18 countries.
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SMG adds BOS brand
Marine electronics distributor SMG Europe, has introduced the BOS brand to its catalogue, initially with the LE300 Lithium Extension Battery.
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Interview - Governance amendments are needed
British Marine is holding an extraordinary general meeting on Thursday February 3 so members can vote on proposed amendments.
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Record retail revenue
A global boat retailer has posted its best results ever for a first quarter
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2022 set to be outstanding
2022 will be another outstanding year for Brunswick predicts CEO David Foulkes as he forecasted net sales between $6.7 billion and $7.0 billion, with strong growth in each segment.
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New strategy for European Boating Industry
European Boating Industry has launched a new strategy for the period to 2025, in what the organisation says will better represent the boating industry better.
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App swamped by investors
A marine tech company has been overwhelmed by investors wanting a piece of the company
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Sunseeker unveils growth plans
By the end of 2022, Sunseeker’s new Superhawk 55 will be the most desired boat in the marketplace.
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Fostering marine innovation
An ultrasonics tech manufacturer is reaching out to academia to foster research and innovation
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Expansion for Gulf Craft
Gulf Craft is to develop a new production facility in the Maldives that will see its operations and production capacity in the region double.
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Fire exposes holes in pleasure craft legislation
Pleasure craft are not legally obliged to carry fire detection systems
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US boat retailers warn of market fragility
Retailer sentiment is more optimistic going into 2022 but there are some big hurdles to overcome
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Double fatality preliminary assessment
The Marine Accident Investigation Board has opened a preliminary assessment into a fatal accident that took place on board the privately-owned motorboat Emma Louise.
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International dealer of the year
A UK brokerage yard has won a prestigious industry award topping off a busy year
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Marine accident manslaughter charge
Two men are to appear in court having been charged in connection with the death of a girl after the RIB she was a passenger in crashed during a sightseeing trip.