Latest News
TISG opts to move forward with SRI Group Global’s €260m binding offer
Vincenzo Poerio, set to lead SRI’s bid, is expected to step down as CEO of Tankoa
Maxwell Marine strengthens Italian superyacht business with new hire
Daniele Toretta will drive OEM and refit business across Italy’s superyacht sector
Kicker Marine Audio enters supply agreement with Caymas Boats
Kicker will be the standard audio offering on the Caymas DV series
Pendry to open first dedicated yacht club as centrepiece of Barbados resort
Pendry Yacht Club will offer 110 berths for vessels up to 80ft, anchoring the group’s new luxury development ahead of its late 2027 opening
Princess Yachts appoints first Georgian distributor
Crystal Yachts Georgia takes on sales and aftersales support for the UK builder, as Batumi emerges as a growing yachting hub on the Black Sea
BSI Rigging appoints senior sales manager
Neil Brinsdon joins the Danish firm, bringing over three decades of industry experience
US AGOA exit pushes South African boat exports into higher tariff bracket
The planned US withdrawal of AGOA trade preferences from January 2027 would raise tariffs to 14-15%, though trade talks continue
Ferretti restructures marketing and communication operations
New structure will oversee the full customer journey, strengthen international presence, and boost operational efficiency
Marsh & McLennan acquires US boat insurance specialist
Financial terms of the Triton Insurance Agency acquisition were not disclosed
Hong Kong doubles down on luxury yachting with twin November showcases
The Lantau Yacht Club’s Festa Nautica will follow on from the new Festival of Connoisseurs show this week
Startup x Investor Day returns to boot Düsseldorf for 2027
Yachting Ventures and EBI will bring founders, investors and industry leaders together
Van der Valk unveils 30m Project NEXO concept yacht
A new crossover concept from the Dutch shipyard blends flexible living spaces with a wellness-focused design, built around a dual-level beach club
New Albanian RIB brand eyes expansion into Italy, Croatia
Brilant Marine says customers seek affordability, customisation and a feeling of luxury that comes from high-quality materials
Lippert rejects Monomoy proposal
LCI board maintains support for Patrick Industries merger, citing higher standalone valuation and anticipated cost savings
Saxdor expands North American footprint with three new dealers
New partners added in Maine (USA), Nova Scotia (Canada) and Bermuda
Discover Boating Australia enters its sixth year
BIA’s fifth-year campaign builds on record impressions to inspire new Australian boaters this summer
Free Metstrade 2026 registration open for IBI readers
While general registration for Metstrade closed on 31 October, IBI readers can secure free entry at any time, including during the event
BBA 2026: Inside the race for Innovative Design Solution
IBI takes a look at the finalists going head-to-head for this year’s title
Back-to-back October boat shows boost activity in Turkey’s yachting sector
Turkey’s yachting sector hosted two major boat shows in Bodrum and Istanbul last month, reigniting debate over event scheduling and the industry’s structural challenges
Whisper Marine acquires Heyday Boats from Brunswick
Wake and surf brand joins fast-expanding US portfolio as production moves to Crownline’s Illinois facility
Cape Town yard building first aluminium sailing catamaran
The 60-footer features a parallel hybrid propulsion system
Viking holds four world premieres at FLIBS
The company and its sister brand Valhalla Boatworks had 20 models at the show
Oceanco expansion plan faces legal challenge from local resident
Dutch builder’s Alblasserdam redevelopment has been appealed to the Netherlands’ Council of State over traffic, parking and sunlight concerns
US marine industry faces sea change of elected officials following Tuesday’s vote
NMMA’s Frank Hugelmeyer warns a record wave of new lawmakers poses a fresh challenge for the marine industry to educate before they shape policy
Port Harbor Marine sold after 50 years of family ownership
The deal covers six sales locations and three marinas across Maine and Massachusetts
BBA 2026: Inside the race for Innovative Design Solution
IBI takes a look at the finalists going head-to-head for this year’s title
Outdoor Network acquires NauticStar Boats and enters manufacturing
US marine retail and e-commerce group plans more than $6m initial investment in new North Carolina production facility
NextBoat secures up to $7.2m to expand pre-owned boat business
US marine marketplace adds revolving and bridge financing as it builds nationwide trading network and tests dealer portal with MarineMax
Patrick Industries Q3 marine sales up 14%
Marine a bright spot as US engineered component manufacturer navigates increasingly dynamic operating environment
Former Catalina owner files for Chapter 7 bankruptcy with $3.8m in debts
Catalina is listed as a $1.78m unsecured creditor following collapse of 2025 ownership deal
Q3 revenues climb 8% for Myers
The parent company of fuel tank brands Scepter and Ameri-Kart reported consolidated third-quarter revenues of $171.3m
Brunswick marks fifth consecutive quarter of YoY growth
Q3 revenues, earnings and margins increase in strong Q3 for world’s largest marine company
Creditors reject TISG restructuring plan amid rival takeover bids
The Italian Sea Group reportedly lacks the resources to fund the next five months
Yamarin appoints first Spanish dealer
The lineup will include the new flagship Aura Cabin, currently on display at FLIBS
UK sailboat builder announces new power catamaran range at FLIBS
Evolving customer base driving launch of new long-range bluewater power cat for Oyster
Mood Index: EU business and consumer survey results for October
Economic sentiment down, job expectations up in EU and euro area
![Hatteras 77[1]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/415x277/2/4/0/67240_hatteras771_672170.jpg)
Hatteras 77 makes FLIBS world debut
Heritage sportfisherman brand aims to bring custom-build quality to production offshore fishing yachts
Acquera Yachting expands Caribbean network to nine destinations
Saint Kitts and Nevis added to network through local agency Anchor Point Logistics
Balance Catamarans joins World Cruising Club as founding Blue Water partner
The alliance directly connects blue-water yacht builders with WCC rally organisers, including the World ARC
BBA 2026: Inside the race for Sustainability Project of the Year
IBI takes a look at the finalists going head-to-head for this year’s title
People on the Move this Week
New appointments at Fraser, IYBA, Sasga Yachts and more
Metstrade Catalogue 2026 is now online
Prepare for the event from the official show guide, published by IBI
Littelfuse reports record Q3 revenues
US electrical equipment manufacturer reports gains in revenues, profits and margins
South Africa eyes superyacht refit opportunity
Industry leaders at the African Boating Conference call for investment, skills and world-class facilities to realise the country’s refit potential
WAVS Task Force, NOAA meet at FLIBS to discuss whale-strike avoidance technology
The associations bring industry experts together to advance technology aimed at reducing whale strikes
Princess breaks tradition with US world debut of C48 Open
UK builder chooses FLIBS for global launch of new outboard-powered sport yacht range
Cruisers extends VTR line at FLIBS
New 45 VTR and VTR EC extend successful luxury day yacht line for Wisconsin, US builder
Record Q3 revenues for Garmin
Consolidated third-quarter sales climbed 12% year-over-year to $1.99bn
10-year hosting agreement signed for new Red Sea Yacht Show
Sela and Tahaluf have agreed a decade-long hosting partnership for next year’s show at Jeddah Yacht Club & Marina
Lamda Development appoints new CEO
Evie Kostakis to succeed Odisseas Athanasiou, who departs after 18 years at the helm
Simena becomes largest RINA-certified sailing yacht
Ares Yachts’ 62m ketch receives gold certification following rig surveys and sea trials
FGI Yacht Group expands global presence with Mexico City sales office
New location will offer FGI’s full range of yacht sales, charter, and new-build services
BBA 2026: Inside the race for Breakthrough Launch of the Year
IBI takes a look at the five finalists going head-to-head for this year’s title
OXE Marine reaches EBITDA break-even in Q3 as sales rebound
Propulsion sales recovered and margins strengthened, although the diesel outboard specialist says overall demand remains soft
LCI Industries receives rival takeover bid from Monomoy Capital Partners
Unsolicited cash proposal surfaces as LCI’s Board continues to back its planned all-stock merger with Patrick Industries
Ancona’s superyacht sector secures second boost in less than a week
Two new areas totalling 30,000m² will be allocated to expand the port’s build capacity
EPTechnologies strengthens international battery sales with senior hire
Marc-Laurence Mühlenbeck joins the company as senior sales manager
Q3 a mixed bag for Xylem
Revenues decrease amid higher earnings as US water management firm prepares for 2027 restructuring, divestment
Fountaine Pajot revenue falls 9.9% in 2025/26
But slowing decline in Q2 points to stabilising demand, says French builder
Propspeed appoints Joe Mercurio to Gulf Coast sales role
The marine coatings specialist has appointed the industry veteran with more than 20 years’ experience to support regional sales and customers
Genoa International Boat Show recognised for sustainable event management
Rina presents I Saloni Nautici with a plaque recognising its commitment to applying the ISO 20121 sustainability standard
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