Quick Hits: June 9, 2020

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UK-based Fairline Yachts will cut 240 jobs at its Oundle factory, according to the Northamptonshire Telegraph. Fairline Yachts COO Peter McNulty blamed the layoffs on the impact of the coronavirus, and said government’s “lengthy quarantine” rules created hurdles for customers coming to see new boats from other countries. The company already has 302 of its current 455-person workforce on furlough; the job cuts go into effect late July, when the furlough ends.

Siren Marine has made two key leadership promotions to help shape its future growth. Jeffrey Poole, who has been with the company since 2018 as business development director, has been named COO; Paul Fournier, who has managed Siren’s finance and accounting for about a year, will serve as CFO. “They both have helped get us to where we are today, and for this we are grateful,” said Siren Marine founder and CEO Daniel Harper in a statement. “Even more importantly, they are the right people to help us achieve the big plans we have for the future.” 

The Yacht Brokers Association of America is holding a Virtual YBAA University event on July 14-15. The group shifted 2020’s format from a daylong, in-person event, to holding 90-minute sessions two days in a row. Renowned sailor Gary Jobson will be keynote speaker on both days. Click here to learn more.


Webasto Produces 8,000th Marine Roof

The German company designs and builds a number of glass roof solutions for boats.

A Strong Q2 for Johnson Outdoors

With jumps in nearly all its business segments, the recreation manufacturer saw net sales increase by 26 percent.

Thrust Issues

Is it time for the industry to standardize trolling motor ratings?

Viking Holds Vaccination Event

The New Jersey-based builder is working with local healthcare providers to offer Covid-19 shots to employees and their families.

Bellingham to Supply Dock for Superyacht Marina

Bellingham Marine will design and install a floating concrete dock system at Hurricane Hole Superyacht Marina in the Bahamas.

Off the Charts

Even as builders faced order backlogs and product shortages, registrations continued to soar in March.

Maverick Boat Group Expands

The Florida-based builder plans to increase production capacity by 30 percent and add 150 new jobs.