Latest News
Sunseeker names new CEO
Andrés Rubio takes helm following yesterday’s announcement of new ownership
Conflict in the Middle East – Implications for the marine industry
As we enter the third day of conflict which is now affecting most of the GCC countries, IBI’s Middle East Correspondent considers the issues for the Gulf leisure boating industry and the upcoming Dubai International Boat Show
IGY Marinas renews management agreement for St. Katharine Docks
US-based IGY Marinas to continue management, marketing of iconic London facility
Malibu unveils strategic vision behind Saxdor deal
Malibu Boats to expand its market presence, leverage international manufacturing, and fill strategic product gaps
Preliminary 2025 US sales data down, 2026 starts weak
Preliminary US recreational new boat sales figures for 2025 show across the board declines in units with the exceptions of aluminum fishing boats and PWC, and the January 2026 figures paint a bleak start to the year
Flux Marine shifts strategy focus to commercial growth
Appointment of former Mercury exec Gary Lancina to advisory board seen as pivotal to achieving revenue growth targets
GlobeSailor expands Mediterranean charter options with new bases
Yacht charter specialist adds new bases in Albania, Italy, and Malta
Navigating the future: ICOMIA, EBI and industry leaders discuss market trends, costs, and sustainability in Bosphorus Boat Show panel
During the Bosphorus Boat Show, held in Istanbul between 21-28 February, the panel “Growth in the Yachting Sector and the Effects of Regulatory Frameworks” brought together leading international and Turkish industry representatives to evaluate the sector’s post-pandemic trajectory.
Mercury cuts ribbon on Florida plant expansion
25,000ft2 expansion to St. Cloud, Florida facility to create 30 new jobs
Sunseeker sold again
Antony Sheriff to chair new ownership group
Tingdene Group announces new CEO
Ian Collier will transition to the role of Group Executive Chair
US boat builder completes sale – lease back of its plant and HQ
SeaVee Boats sells Florida plant and corporate HQ for US$51m, leases space back for 10 years
Malibu Boats acquires Saxdor
Finnish brand bought for €150m
ISO approves groundbreaking environmental standard for superyachts
ISO/TS 23099 approval is a boost for sustainability in the large yacht sector
Freedom Boat Club reports record growth in member outings, highlights boating trends among millennials and Gen Z
While boat sales have fallen off significantly since the COVID pandemic, participation in boating remains high, industry leaders around the world profess, and nowhere are those numbers reflected clearer than in the peer-to-peer and subscription boat club models, a growing trend among the very demographics the boating industry is trying ...
AkzoNobel reflects on 2025, prepares for strategic leap in 2026
Paints and coatings giant publishes its annual report, showcasing a year of operational excellence and strategic milestones
MasterCraft adds Caribbean dealer
Yellow Sun Marine as exclusive, authorised dealer in Turks and Caicos
Mood index: EU economic sentiment nosedives as service sector takes hit
In February, the Economic Sentiment Indicator dropped in both the 27-nation EU and the 21 EU nations that use the euro as their currency (-1.0 point to 98.3 in both areas), the European Commission has reported.
Sunseeker reports strong sales success from Miami show
Five yacht sales, including the 90 Ocean, highlight the strength of the US market
![Honda rigging pic[1]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/415x277/8/6/4/59864_hondariggingpic1_71387.jpg)
Honda extends rigging warranty
New five-year coverage extension aims to drive sales through increased buyer confidence
Rolls-Royce Power Systems delivers strong results and record investments
mtu engine maker continues on growth path
Fountain, NauticStar sold to Whisper Marine
The move was led by David Hatley, who acquired Qwest Pontoons in 2005
New Swedish builder to begin production of lightweight electric watercraft
Roxen Innovations has announced a shift from prototype to manufacturing
Sunreef Yachts appoints global commercial director
Yvan Eymieu has held roles with Leopard Catamarans and Aquila
IMO makes the reporting or spotting of lost containers mandatory
The stricter rules mean captains must immediately report when containers fall overboard
People on the Move this Week
New appointments at Acquera Yachting, Norboat, Smoker Craft and more
Donerail responds to MarineMax as other suitors begin circling
MarineMax grants Blackstone, Centerbridge, and TPG access to documents for potential bids
Sunreef Yachts unveils strategic roadmap to €1bn revenue by 2030
Polish builder reports strong 2025 results and unveils Beyond 2030, a strategy to scale operations and drive innovation
Palumbo Superyachts expands with new facility in Port of Ortona
Italian yard acquires 13,048.98m² area to expand shipbuilding for its yacht brands
Vitters wins contract for 53m sloop-rigged sailing superyacht
The keel laying is scheduled for January 2027, with delivery expected in 2029
Astondoa promotes new model amid focus on large yacht development
The Spanish yard is also expanding its global presence, with notable growth in the Americas, Europe, and the Middle East
Seaquip 2026: Full conference program announced
Next week’s event will feature eight sessions driving innovation, technical discussions, and networking in the nautical supply chain
Production budget overruns prompt TISG to secure €25m shareholder loan
Overrun concerns spark meetings between management and worker unions
Twin Vee completes public offering, raises $3m in funding
Proceeds to support working capital and general corporate purposes
Scania New Zealand acquires South Pacific Diesel Systems
The move strengthens Scania’s presence and customer support in New Zealand
Balance marks end of an era with launch of final 526 in Cape St Francis
Black Rose is the 34th and final Balance 526 to be launched, as the company transitions to the new Balance 540, produced by Nexus Yachts in Cape St Francis
Scanstrut wins iF Design Award 2026 for Ventura Series
The UK firm’s compact utility sockets impressed judges with their innovative design, robust engineering, and seamless integration across marine and automotive sectors
Archipelago Yachts opens new Isle of Wight shipyard
New facility to allow production of up to four yachts simultaneously while introducing next-generation manufacturing processes
JD.com founder launches new independent yacht brand in China
Sea Expandary was founded by Liu Qiangdong, owner of China’s largest online retailer
Ikonic Yachts partners with Lekker to bring high-performance dayboats to the US
Agreement supports Dutch builder’s formal entry into the United States
Performance Sailcraft team launches new fintech platform
The manufacturer-backed initiative aims to reduce financial barriers in dinghy sailing
New leadership announced for Norboat
Senior advisor Thomas Bjønness steps into the role of CEO, succeeding Magnus Ryhjell
Off The Hook Yachts to acquire Apex Marine
Transaction will add four South Florida facilities and expand service, refurbishment and sales capabilities
Extra Yachts unveils new concept as debut model in fresh lineup
The 21m Extra X70 Shadow offers innovative versatility
Amaala Yacht Club, We Are Foiling partner to establish Amaala as a global foiling hub
The collaboration aims to unite elite sport, innovation, and destination development
Donerail issues second letter to shareholders, MarineMax responds
The move follows Levin Capital Strategies’ call last week for MarineMax to review strategic alternatives after the Donerail offer
French cat builder outlines ambitious five-year growth plan
Catana announces more models, more capacity, and more markets in a bid to double sales
Ferretti Group reports strong performance, 2025 guidance fully met
Order intake for FY2025 was €1,136.6m, with a new backlog standing at €828.6m as of the end of 2025
Brunswick earns Top 5 Gold honours at CES
Boat builder’s display ranked among top 5 experiential exhibits at world’s largest tech trade fair
Smoker Craft announces leadership changes
CEO transition, expanded leadership team highlight organisational changes following Doug Smoker retirement
India gifts Maldives first high-speed ferry, strengthening maritime ties
Delivery marks the launch of transport links between the Faafu and Dhaalu atolls
Linssen Yachts appoints Turkish distributor
The milestone signifies the Dutch yard’s strategic entry into a high-growth market
SA-Starlink deal “still on hold” amid surge in non-compliant use
Around 14,000 South Africans are reportedly using the satellite internet service illegally
Ex-Capital Yachting broker to lead Greek yachting association
Panagos Lemos joins Hellenic Professional Yacht Owners Association as secretary general
HanseYachts reenters NZ market with Wayfinder Yachts
Wayfinder will represent Hanse, Moody, Dehler, Fjord and Sealine in New Zealand
Yachting Ventures renews ties with M3 Monaco for Smart Marina Rendezvous
This year’s event will introduce a revamped program designed to support startups at varying stages of development
EU demands clarity after US Supreme Court strikes down Trump’s trade tariffs
The European Commission has called on the US administration to clarify its plans for transatlantic trade
Boating growth, participation depends on younger boaters
The US boating industry needs a data-driven strategy to grow participation and attract younger audiences, according to the Discover Boating Market Expansion Council
Argos Nautic, Pininfarina conspire on ‘next level’ jet tender
The F-330 brings automotive-level design and performance to the luxury tender market
Sparcraft to supply critical components for next-gen Clipper racing fleet
The South African mast producer will design and manufacture custom one-design spar packages for Clipper’s fourth-generation fleet
Acquera names new operations manager for France and Monaco
Alex Simonet will act as the main point of contact for yacht captains, crews, marinas, and local authorities
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