Grand Banks Yachts

LUXURY yacht builder Grand Banks Yachts on Tuesday (Feb 13) posted a net profit of S$6.9 million for the first half ended Dec 31, 2023, climbing 91.7 per cent from S$3.6 million in the corresponding y...

After taking advantage of the pandemic to retool its processes, the shipbuilder is ready to handle a flood of new customers

The mainboard-listed firm's order book hit a 12-year high as at end-March this year amid surging demand for luxury boats, as the rich seek Covid-friendly havens out at sea.

ENGINEERING specialist CSC Holdings said its Singapore foundation operations has maintained "sufficient stock" of key construction materials that are typically supplied from Malaysia.

OFFSHORE and marine company Falcon Energy on Tuesday said that the High Court has extended its debt moratorium by about one more month to Nov 30 from Oct 26 previously.

Luxury boat maker nets 10-year record profit on stronger sales and better margin.

MAINBOARD-LISTED Grand Banks Yachts is set to acquire a Florida yard and turn it into its official US headquarters, in a bid to consolidate its presence in the world's biggest boat market.

GRAND Banks Yachts on Monday said it plans to buy the Stuart Service Yard in Florida to serve as its official US headquarters.

GRAND Banks Yachts managed to swing to a net profit of S$1.2 million in the first quarter ended Sept 30, from a net loss of S$1.3 million in the year-ago period.