Autonomous Water Taxis Planned for Busan
Avikus, HD Hyundai's autonomous navigation in-house startup, has signed a Memorandum of Understanding (MOU) with Busan City, South Korea, and Korea Marine Consulting and Project Management Company (KMCP Co., Ltd.) for the development of an eco-friendly autonomous maritime tourism taxi service.Avikus will supply specialized self-navigating solutions for water taxis, while KMCP will provide an eco-friendly maritime taxi platform and assume the role of operating the water taxi service.
US Leisure Boat Manufacturer's Sales Soar in Q3 2012
Marine Products Corp. announce unaudited results for the quarter ended September 30, 2012. Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including H2O Sport and Fish & Ski Boats, SSi and SSX Sportboats, Sunesta Sportdecks, Xtreme Towboats, Signature Cruisers and Premiere Sport Yachts, and outboard sport fishing boats by Robalo. For the quarter ended September 30, 2012, they generated net sales of $38,494,000, a 73.0 percent increase compared to $22,254,000 last year. The increase in net sales was due to a 125.1 percent increase in the number of boats sold, partially offset by a 23.9 percent decrease in the average selling price per boat.
