Company News – Page 8
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NewsLateral Naval Architects gets third majority shareholder in two years
Gabe Newall now owns the business following Mohammed Al Barwani’s withdrawal
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NewsLyten acquires key Northvolt assets valued at US$5bn
The bankrupt Swedish battery maker ceased production in June
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NewsEmeraude Sea Tec expands network with new French base
The boat services group now covers an area that extends from the French Atlantic coast to the western Med
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NewsGerman jet tender specialist doubles production capacity
The expansion supports the company’s focus on delivering customised, high-performance tenders to the global superyacht market
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NewsThe Italian Sea Group reports H1 2025 revenue and profit declines
TISG’s order book was valued at €1.19bn as of the end of June
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NewsSeattle marina sold for $9.55m
Wing Point Partners has purchased Ballard Mill Marina on Salmon Bay
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NewsISA Yachts introduces new brand identity
The update is described as a “coherent and powerful expression of the brand’s DNA”
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NewsBoat Fix partners with Zodiac
New Zodiac RIB buyers to receive free access to the Boat Fix emergency helpline
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NewsTwin Vee Q2 revenues up 9.9%
Higher revenues and 910 basis point margin expansion mark improved Q2 for US builder
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NewsMercury Racing unveils new short-shaft outboards
New 200 and 300hp engines with 15-inch shafts for racing and high-performance recreational markets
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NewsNautor Swan, American Magic partnership put Pensacola on the map
The city is set to become a centre for cutting-edge yacht production and high-performance racing with the launch of the ClubSwan 28 series
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NewsYachtr traffic growing rapidly, says IYBA
International Yacht Brokers Association says increased adoption of new digital platform by brokers brings control back to yacht industry
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NewsFraser Yachts opens Maltese franchise
Yacht services provider strengthens presence in key Mediterranean hub
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NewsAmsterdam’s SuperYacht Tech Campus expects first vessel in October
The ambitious $86m development on a former shipyard aims to become a leading hub for sustainable yacht refits and innovation
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NewsSmoker Craft presents largest dealer meeting to date
US boat builder presents more than 160 different boats in largest dealer event yet with clear focus on market expansion
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NewsTrump threatens 100% tariff on semiconductors
Impending 100% levy on computer chips expected to increase cost of electronics, potentially lead to supply shortfalls
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NewsSuzuki Q1 sales, profits sag
Gains in marine segment offset by lower automobile numbers to produce first profit decrease in five years
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NewsePropulsion Americas partners with Marathon Boat Group
Two MBG boat brands are now available with ePropulsion electric outboards
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NewsCantieri Magazzù expands dealer network amid rising demand
The Sicilian yacht builder has added five new domestic sales and service partners and reinforced its corporate team
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