New Mediterranean shipyard set to welcome yachts

Publish date:
Social count:

With the opening of IMS 700, IMS Shipyard says it is now the largest yacht repair and refit shipyard on the Mediterranean.

Located on Toulon Bay in the south of France, the shipyard is opening 80 additional berths to accommodate as many as 100 yachts from 20 to 80 meters (about 65 to 262 feet).

The shipyard is expected to be ready to receive the first yachts by the end of the year.

The 130,000-square-meter yard will house equipment capable of lifting as much as 670 tons.


MarineMax has strong second quarter

MarineMax grew revenue more than 10 percent to $270.6 million in the second quarter, prompting the company again to raise its annual expectations to $1.44 to $1.50 versus its prior expectations of $1.30 to $1.40 per-diluted-share.

Brunswick releases first quarter sales

Brunswick Corp. announced that consolidated net sales increased 7 percent in the first quarter, with the marine engine segment up 9 percent and the boat segment rising 7 percent over last year.

Flir posts first quarter results

First quarter revenue at Flir Systems Inc. grew 8 percent to $439.6 million, and organic revenue was up 13 percent, due in part to strong results in the Raymarine.