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Boatbuilders make news in a variety of ways, among them by debuting new models and announcing business expansions or quarterly financial results.

Bertram parent agrees to debt swap

Ferretti SpA, the Italian parent company of Bertram Yachts in Miami and Allied Richard Bertram Marine Group in Fort Lauderdale, reportedly has agreed to a debt-for-equity swap with its lenders. Ferretti’s lenders have agreed to take control of the builder of Riva and Bertram yachts by swapping part of its $1.6 billion of debt for…more

Burger receives two award nominations

Burger Boat Co. of Manitowoc, Wis., was nominated for two 2009 Asia Boating Awards. Asia-Pacific Boating and China Boating magazines nominated Tò-Kalòn, a 101-foot Burger enclosed bridge motoryacht, for Most Innovative Exterior Yacht Design of the Year and Ingot, a 153-foot Burger tri-deck motoryacht, for Best Motor Yacht (86 feet and up). This year’s awards…more

Twin Disc to release 3Q results

Twin Disc Inc. will release its fiscal 2009 third-quarter financial results April 21 before the market opens. The company will host a conference call that same day to discuss the results. The call will begin at 2 p.m. It will be broadcast at www.twindisc.com/companyinvestor.aspx. To participate in the conference call, dial (800) 762-8779. Racine, Wis.-based…more

KVH to release first-quarter results

KVH Industries says preliminary data shows the company will report revenue of approximately $18 million for the first quarter of 2009, compared to $23.1 million in the year earlier period. Because of the revenue shortfall, the company estimates that it will report a loss of roughly 18 cents per share for the first quarter. In…more

Bertram Yachts curbs planned expansion

Miami boatbuilder Bertram Yachts has halted an expansion plan and trimmed its work force due to lack of demand for its products. A year ago, Miami-Dade business recruiters announced that Bertram Yachts would expand its Miami River plant and add 150 jobs in the next few years, according to the Miami Herald. In exchange, the county…more

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SLIDESHOW: Industry Voices — Carl Herndon

Carl Herndon is best known as the founder and CEO of Blackfin Yacht Corp. and the former president of Bertram Yachts. He has earned a reputation for building some of the world’s best and most-respected sportfishing yachts, such as the Blackfin 33 Flybridge. Today, Herndon, 65, is president of Jupiter Marine International in Palmetto on…more

Zodiac details Boater’s World product warranties

Zodiac of North America outlined its warranty policy for all of its products bought by a consumer through a Boater’s World liquidator. Zodiac will warrant all boxed boats, which are inflatable models, as though purchased through a normal dealer. Zodiac RIBs sold through liquidators do not come with a warranty, but if the customer takes…more

Yamaha says its PWC are tops in value retention

Yamaha WaveRunners retain their value better than other PWC, according to a comparison of Kelley Blue Book values of the 12 most popular models from each of the last five years, the company says. Yamaha had four out of the top five models with the highest percentage of retained value across all the models that…more

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KVH offering $1,000 TracPhone credit

KVH Industries announced a deal Thursday at the Palm Beach Boat Show that will allow boaters to save money when installing a satellite communications system on board. The new promotion offers a $1,000 airtime credit to customers who purchase a new TracPhone 252 satellite communications system from now through June 30 and activate their Inmarsat…more

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Cobra Marine MR F300 BT

You must compete with engine and wind noise if you want to carry on a cell phone conversation while under way. Cobra Marine’s MR F300 BT waterproof handset with Bluetooth wireless technology transmits phone calls loud and clear, according to the company. (Cobra’s product recently won a DAME Category Winner award at the 2008 Marine…more

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