The European division of KVH Industries was ranked the top IT company of 2009 in the hardware category by Børsen, the leading business journal in Denmark. KVH was also recognized as the No. 1 firm in production of IT hardware by Computerworld, a weekly publication that focuses on information technology. Børsen has ranked the Top…more
Boatbuilders make news in a variety of ways, among them by debuting new models and announcing business expansions or quarterly financial results.
The Hinckley Company is reporting an increase in orders and that it is preparing to rehire some of the employees who have been furloughed because of a lack of sales. “We will have about 85 people companywide that we will be calling back within the next few months,” said Phil Bennett, the Maine boatbuilder’s senior…more
Of the number of vessels of more than 30 feet that were sold at the 40th annual United States Sailboat Show in Annapolis, Md., Beneteau says it sold the most. Beneteau displayed nine models ranging from 31 to 49 feet at the show, which ran Oct. 8-12. This included the new First 40 by Farr…more
The 75-foot Expedition Yachtfisher, the newest addition to the Nordhavn long-range yacht line, will make its debut at the Fort Lauderdale International Boat Show, which will be held Oct. 29-Nov. 2. Nordhavn, which is owned by Pacific Asian Enterprises, is planning no formal media event, but all are invited to view and board the Yachtfisher…more
Jeanneau officials say they are encouraged by a report of up to 10 confirmed boat sales ranging in size from 36 to 57 feet at the United States Sailboat Show, which was held Oct. 8-12 in Annapolis, Md. Company president Paul Fenn believes the sales are a combined result of the start of a long-awaited…more
Correct Craft CEO Bill Yeargin was recently interviewed by the Orlando Sentinel on how the three-generation company has been able to thrive despite the unfavorable economic climate. Click here for the full story.
Vicem Yachts announced that Michael Landsberg stepped down from his position as president of the U.S. branch of the company to spend more time with his family and pursue other interests. Vicem is a Turkish builder of powerboats, sportfishing boats, and megayachts. Vicem CEO Alberto Perrone Da Zara said a new president will be announced…more
The Wisconsin Maritime Museum in Manitowoc, Wis. honored yacht builder Burger Boat Company Oct. 3 at its seventh annual Commodore’s Ball. The theme for the event was “The Burger Tradition: Past and Present,” celebrating the company, which dates back to 1863. The ball is a major fund-raiser for the museum and includes a raffle as…more
Sea-Fire Marine and Böning Automationstechnologie agreed to create an interface that integrates Sea-Fire detection systems with Böning ship alarm and monitoring systems. “Onboard fires are a nightmare for boat owners and crew,” Sea-Fire president Ernie Ellis said in a statement. “This partnership produces an advanced system that not only detects fires for early warning, but…more
Hella Marine saw a 12 percent increase in sales in June, July, and August compared to the same period last year, the company reported. The company did not release specific sales figures. With its market share rising in Europe for LED navigation lights, Hella Marine now estimates the company has more than 40 percent of…more