Marine Industry News magazine – Issue 15 – April 2025
Welcome to issue 15 of Marine Industry News magazine. In this issue, find out how Brexit continues to impact marine businesses,...
Sweden’s marine sector
Volvo Penta Q1 2025: Marine sales ease amid mixed demand
Swedish multinational manufacturing corporation Volvo Group has issued its financial results for the first quarter of 2025, with the...
Nimbus Group: Challenging 2024 prompts pivot to premium
Nimbus Group, the Swedish leisure motorboat manufacturer, has issued its annual report for 2024, revealing a 15 per cent...
‘Global trend towards electrification irreversible’ says Candela, as Trump cries ‘drill baby drill’
The world’s first electric hydrofoil ferry picks up passenger numbers, cuts commute times and will return after ice melts....
Nimbus Group adds third Stockholm dealership
Nimbus Group has expanded its retail presence in the Stockholm region with a new facility established at Biskopsudden on...
LUMEN Yachts brings ‘silent, emission-free’ E10 boat to Stockholm
Dutch electric boat brand LUMEN Yachts, part of JR e-Yachts, is set to make its Swedish debut at Allt...
Swedish marine battery supplier raises millions in funding
Swedish marine battery supplier, Echandia, has closed a new funding round at SEK 220 million (£14,837,740). The new funds...
Nimbus Group’s CEO retires
Nimbus Group’s CEO, Jan-Erik Lindström, has announced that he will retire during 2025. Lindström informed the company’s board that...
Gothenburg Boat Show to close down after 65 years
The 2025 Gothenburg Boat Show, scheduled to take place from 1 to 9 February at the Swedish Exhibition &...
Swedish electric boatbuilder signs largest order in company history
Swedish high-performance electric boat maker X Shore has signed its largest order to date with M Yachts, a Germany-based...
Flexiteek opens new production facility in Sweden
Flexiteek International, a leading manufacturer of engineered synthetic decking and marine products, has moved to a new state-of-the-art facility...
