Latest News
Yeargin steps down
Leadership handoff at US boat builder as Correct Craft CEO Bill Yeargin retires after 20 years of leadership
Ferretti Group board approves Fiscal Year 2025 results
Dividend of €0.11 per share agreed, 10% up on previous year
Off The Hook Yachts posts record 2025 revenue, raises 2026 guidance
Pre-owned yacht marketplace sells 426 boats, up 32.7%, while higher public-company costs contribute to a $1.47m net loss
Linssen Yachts celebrates milestone with launch of 650th vessel
The Grand Sturdy 35.1 AC made its debut at the Dutch yard’s Season Opening Boat Show
Russia proposes new tax on leisure yachts
The move comes amid soaring military expenditures, which are projected to reach 10% of Russia’s GDP this year
Mood index: EU business and consumer survey results for March
Economic sentiment, employment expectations down in both EU and euro area
Avikus enters supply partnership with Aquila
Avikus NeuBoat Dock II to be offered as optional upgrade on select Coupe and Yacht models
Grand Soleil launches first GS Plus 80 Long Cruise
New flagship confirms the brand’s presence in the sail superyacht market
Dometic appoints acting CFO
Per Carlsson named to interim position as search for a permanent chief financial officer continues
DiMillo’s Yacht Sales acquires Hunt Yachts assets from Hinckley
Deal secures brand licence and positions Ocean Series range for continued global production
Vision Marine secures Twin Vee dealership rights in Broward County
The agreement grants Nautical Ventures exclusive rights to sell and distribute Twin Vee products in one of the most active boating regions in the US
What to do with old GRP boats? Finland is looking for a solution
Innovative projects and recycling methods are paving the way for sustainable solutions
SEA.AI expands North American presence with new sales management
The company is also enhancing service capabilities to meet growing demand in the region
Yanmar establishes midterm management plan
MTP2030 initiative will require revenue of ¥1.5tn and an 8% return on sales by fiscal 2030
Acquera Yachting partners with International University of Monaco
MSc students visited Acquera’s HQ for a project combining academic studies with practical experience in luxury hospitality
Middle East update: Boating waters severely affected
With the Middle East conflict approaching one month without resolution, GCC countries are imposing tighter restrictions on leisure and commercial charter boat operations
Gulf Craft expands with new leisure craft facility in the UAE
The 10,000m² production site in Ajman will manufacture Oryx cabin cruisers and SilverCat power catamarans
Tennis superstar places order for Sunreef catamaran
A Sunreef Ultima 88 will be delivered to a renowned Spanish athlete
KKCG increases offer for 15.4% of Ferretti Group to €3.9 per share
The higher per-share price pushes the total value of the offer beyond €200m
Dalmatia Boat Show joins IFBSO as Emerging Member
Croatian event joins global federation as it builds momentum in the Adriatic market
Nice Boating Tomorrow: An encouraging first edition
The inaugural event saw strong exhibitor satisfaction and promising growth, with plans already underway for 2027 and 2028
SA composites distributor warns of potential disruption due to Middle East conflict
Aerontec, a key supplier to the local marine manufacturing sector, has issued a customer update highlighting challenges ahead
People on the Move this Week
New appointments at Barrus, MarineMax, Yamaha US and more
Barcelona International Boat Show to have largest and most diverse fleet to date
Event will include new areas for marinas, diving, water sports and a water trials area
Ferretti Group’s Convergence 2026 hailed a ‘resounding success’
High turnout marks 19th Convergence focused on Ferretti Group’s production hubs in Ravenna and Ancona
Patrick Industries debuts digital design studio
First-of-its-kind digital design studio aims to deliver full scale prototyping for marine, RV and powersports industries
Revenues, profits climb for BRP in 2026 Q4, full-year earnings
Higher Q4 Sea-Doo watercraft sales contribute to 16% Q4 jump in net revenues
Cox Marine names French distributor
LB Tender Mechanics appointed exclusive distributor of British diesel outboards for France and Corsica
Durban, Navigo consolidate £85.5m superyacht investment plan
South Africa’s eThekwini Municipality presented an LOI to Navigo at YARE in Italy
Solar-electric boat builder boosts production as flagship sparks global sales
Lasai Yachts identifies Austria, Switzerland, and Germany as its primary foreign markets
Barrus appoints commercial manager for Marine Division
Area sales manager Lee Allen steps into broader commercial role, focusing on driving strategy and strengthening partnerships
Pettit Paint, Palinal forge strategic alliance across the Americas
The partnership between US-based Pettit Paint and Italian coatings specialist Palinal aims to accelerate growth in the marine topcoat market
Bali Catamarans launches new flagship
The Bali 7.0 is the French yard’s largest and most luxurious model to date
Higher Q2 revenues, profits for Winnebago
Boat segment revenues down 3% YoY as marine operating income drops by 22%
Palma port changes raise concerns among local yachting businesses
Contractors and service providers warn that infrastructure and access issues could push winter activity towards mainland Spain
Nautor Swan begins construction of first aluminium yacht
Work on the hull and deck of the Swan Alloy 44 is underway at Gouwerok Shipyard in the Netherlands
Uflex named official Italian distributor for EGIS Mobile Electric
The partnership strengthens Uflex’s role as a key supplier of advanced electrical systems for the private boating sector in Italy
Azimut-Benetti Group announces major expansion in Brazil
The Italian builder is investing US$23m to expand its Brazilian facility, boosting production capacity, workforce, and export competitiveness
Ratcliffe to sue Ainslie over return of yacht used in 37th America’s Cup
Athena Racing claims the boat belongs to them
Berkshire Hathaway buys 2.5% stake in superyacht insurer
The acquisition signals a fresh investment focus on Japan under its new CEO, Greg Abel
Neel Trimarans secures court-approved takeover by three-member investor team
French builder enters recovery phase with plans to save 46 jobs and restart production at around 10 boats a year
Brunswick makes list of Most Innovative Companies for 2026
US firm’s inclusion in Fast Company’s list highlights its commitment to innovation and transformative industry leadership
Squircle Capital takes full ownership of MB92 Group
Private equity firm increases stake to 100% as superyacht refit group advances expansion strategy across key Mediterranean sites
Argentine boat builder enters European market
Zonda Group exports first 24ft sailboat export to Croatia
AIATA partners with Nautical Ventures to expand US presence
The Turkish yard will display its Wayfinder 38 at the Palm Beach International Boat Show
Shadow-Caster appoints Finnish distributor
Powerduo Oy will represent the firm’s LED lighting and control systems in Finland
New Vetus Center in South of France
C2 Marine will provide sales of engines and genuine spare parts, maintenance, and training to customers in the region
Osculati partners with EGIS Mobile Electric to enhance onboard energy solutions
The Italian distributor will offer EGIS systems for efficient and scalable power management solutions for modern vessels and refit projects
Stockholm boat show proves valuable for Finnish boat manufacturers
Despite declining attendance, Finnish brands accounted for a third of the boats on display, drawing significant interest and active sales
Omaya Yachts expands Middle East presence
The Bulgarian cat builder has chosen BB Yachts Agency as its official representative in the UAE and GCC region
DF Capital reports record-breaking 2025 performance
The UK bank has delivered its best financial results to date, achieving double-digit growth in lending, revenue, and profitability
Colombian industry body joins ICOMIA
Asonautica’s membership marks an important milestone for Colombia’s nautical sector
Windy Scandinavia appoints official Australian dealership
Haines Yacht Sales aims to establish Windy as a key player in the premium boat market
Suzuki GB and Republic of Ireland announces managing director transition
Takanori Suzuki to retire after his second term in the UK and Ireland business, with Kazuyuki Yamashita joining from Suzuki Deutschland
Major fire at Turkish marina leads to sinking of seven yachts
The estimated cost of the lost and damaged vessels exceeds $100m
Lalizas opens Philippines branch
Marine safety equipment specialist expands commercial presence in SE Asia
Minimal take-up of KKCG partial tender offer for Ferretti shares in first week
Latest reports suggest only 2,000 shares have been linked to the tender while Weichai increases stake further
Vessev enters Australian market
New Zealand foiling catamaran manufacturer announced sale of multiple units to western Australia tourism operator as firm looks to build distribution footprint
Korea International Boat Show showcases resilience and growth
The 19th Korea International Boat Show, supported by the Ministry of Oceans and Fisheries and the Gyeonggi Provincial Government, highlighted the strength of Korea’s boating industry amidst challenging market conditions
Suzuki offers royalty-free licensing on micro-plastics collection device
Japanese outboard engine builder offers patented technology royalty-free for first time
Propspeed announced new strategic collaboration with Humphree
Stabilisation manufacturer to endorse use of antifouling coating on fins and interceptors
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