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

Jeppesen developing NavNet 3-D compatibility

Jeppesen, a subsidiary of The Boeing Company, is teaming with marine electronics leader Furuno and MapMedia to develop NavNet 3-D compatible C-MAP by Jeppesen vector charts. This will allow boaters to enjoy the features and functionality of the NavNet 3-D system, while navigating with C-MAP by Jeppesen chart data. “Our goal is to ensure that…more

Valence to supply batteries for Beneteau

Valence Technology, a leading energy system manufacturer, signed a multiyear supply agreement with BJ Technologie, a subsidiary of Bénéteau Group. Valence Technology will serve as the exclusive battery supplier for all new Bénéteau Group hybrid-electric vessels that incorporate the ZF Marine hybrid drive systems. Valence Technology will provide modular, scalable energy storage systems that will…more

Hydra-Sports purchase aided dealers’ Genmar claims

Half of the money spent to buy Hydra-Sports is being dispersed to dealers who claimed they were owed money after Genmar declared bankruptcy, according to MCBC Hydra Boats president and CEO John Dorton. Half of Wayzata Investment Partners’ $1 million bid to purchase Hydra-Sports was put into escrow to help refund 85 to 90 percent…more

Miami show visitors can vote on Cruisers Yachts design

Cruisers Yachts is inviting attendees of the Miami International Boat Show to vote on the design of the new 470 Sports Coupe. The four design options will be displayed in the form of line drawings at the Cruisers Yachts booth at D24 and visitors will be able to vote throughout the course of the show.…more

KVH Industries reports 4Q results

KVH Industries today reported increased revenue and net income for the fourth quarter, which ended Dec. 31, 2009. Revenue for the quarter was $26.3 million, up 24 percent from the quarter ending Dec. 31, 2008. Net income for the period was $1.8 million, or 13 cents per diluted share, compared to net income of $0.3…more

Fire destroys boats at Virginia builder’s site

It took more than 100 firefighters to extinguish a fire Tuesday at Tiffany Yachts in Burgess, Va. The fire started in a building complex used for boat construction, destroying a nearly finished 38-footer valued at about $700,000, according to an article on Fredericksburg.com. Two other boats undergoing repairs in the building also were destroyed, company…more

Riviera moves ahead with restructuring

Unsecured creditors and former employees of Australian boatbuilder Riviera have agreed to payments and the company can move forward with its restructuring. “The acceptance of the proposed [Deed of Company Arrangement] is a further milestone in the rebuilding process of Riviera since the considerable effects of the global financial crisis impacted the global luxury boatbuilding…more

Twin Disc reports 2Q, year-end results

Twin Disc Inc. reported a drop in sales for the fiscal second quarter of 2010, which ended Dec. 25, 2009, as well as for the year to date. Sales for the quarter were $55,186,000, compared to the near-record level of $81,598,000 for the fiscal 2009 second quarter. Year-to-date, sales were $102,243,000, compared to $154,270,000 for…more

Pontoon builder unveils social media plan

Harris FloteBote recently launched a customer-centric social media program. The goals of the program are to better serve current owners of Harris FloteBote pontoons; to educate those who are thinking about acquiring their first pontoon; and to create an interactive online forum where pontoon owners can share their experiences and exchange boating tips, ideas and…more

Malibu Boats features customers in promotion

Malibu Boats is showcasing its customers in its “My Life, My Boat” program. Malibu plans to shine a light on the passions that make up these dedicated owners’ lives, on and off the water, in an effort to give back to them. Malibu Boats is committed to publicizing charities, businesses, events and people dear to…more

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