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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
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
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
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
SYBAss moves official seat and legal offices to Malta
The superyacht builders’ association aims to strengthen international cooperation and engagement with European policymakers from its new base
Polaris Q3 revenues up 11%
Marine segment sales jump 29% in strong third quarter
PE firm buys Florida’s Hamilton Harbor Yacht Club
The Hoffmann Family of Companies has acquired the Naples club for an undisclosed sum
TISG shares jump following SRI Global’s €260m offer
Bid includes €220m for infrastructure and €40m to fund relaunch
Higher Q3 sales, margins for Hubbell
Volume gains on growing data centre demand drive earnings for US electrical equipment supplier
Ferretti Group cuts 2026 earnings guidance despite Q3 turnaround
Italian builder acts to address operational inefficiencies and shore up margins
DAME Design Awards shortlist reaches 74 products
The 35th anniversary edition attracted 153 entries from 30 countries, with winners to be announced at Metstrade on 17 November
Camper & Nicholsons names new CEO
Benjamin Bensahel succeeds Paolo Casani following the company’s acquisition by Sea Expandary Group
Numarine opens Americas office, takes on direct sales model
The new Fort Lauderdale office, led by Ali Tanir, will represent the shipyard directly across the Americas, while working with all brokers
Lofrans and Max Power hold Technical Convention 2026 in Greece
More than 30 service stations took part in the two-day event in Greece, covering maintenance training and product updates for windlasses and thrusters
Tessilmare welcomes fourth generation into family business
Emma Rezzonico joins the operational team of the Italian marine equipment manufacturer
New nautical hub in Genoa opens to handle yachts up to 30m
The new facility involves Genoa Sea Service, Gatti shipyard and North Sails
Pendennis revenue rises as profit falls
Cockwells consolidation boosted 2025 turnover, while integration costs and contract losses weighed on margins
Nimbus Group narrows Q3 losses
Swedish builder reports flat net sales in the third quarter, with a narrower EBITA loss and a larger order book aided by a SEK 260m defence order
New industry federation forms in Turkey
TYFED unites associations from across Turkey’s yachting and maritime industries under a single umbrella organisation
BBA 2026: Inside the race for Collaborative Solution of the Year
IBI takes a look at the five finalists going head-to-head for this year’s title
Washington State marine supply company sold after nearly 50 years
Harbor Marine founder Lauren Bivins has decided to retire
Sasga Yachts appoints new CEO
Raül Carrasco will lead the yard’s expansion into North America, Asia and Australia
RINA completes leadership transition with new CEO appointment
Paolo Moretti has been promoted to chief executive of Genoa-based certification body, succeeding Carlo Luzzatto
Suzuki looks at training to strengthen US market position
Suzuki Marine USA wants to make certification easier and more convenient for technicians at both dealer and OEM level
Polish motorboat builder buys sailing yacht specialist
Polish brands join forces while advancing new model launches
Feadship and AtomicOne bring MXBuster technology to superyachts
The companies are extending a combustion optimisation system to yachts over 30m, targeting lower emissions and fuel consumption
Absolute Yachts strengthens global sales network
New dealers added in Greece, Australia, Colombia and the Caribbean
Rightboat integrates boat listings with ChatGPT
The new feature aims to connect brokers and dealers with buyers using AI-powered conversations to research boats for sale
Miami Boat Show outlines changes for 2027
New entry-level boat display, improved transport links and exhibitor cost reductions among changes planned for February show
Volvo Q3 revenues climb 8%
Volvo Penta posts higher sales and earnings as strong power generation demand offsets mixed regional market performance
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Dometic reports Q3 revenue growth
Marine sales increase 5%, including 4% organic growth, as service and aftermarket demand supports performance
IYBA names Andrew Parkinson executive director
Former yacht broker and marine publishing executive takes leadership role at 2,000-member industry association
US trade jitters cast shadow over successful African Boating Conference
Punitive trade measures against South Africa put a dampener on an otherwise positive week for local boatbuilding
Hewescraft changes ownership after nearly 80 years
David Honeycutt and family acquire the US aluminium builder from the Hewes family
Groupe Beneteau to build large yacht service and refit hub
New centre targets 60ft-80ft yachts, based at the BMS facility in France
Southern Wind CEO honoured at South African boatbuilding awards
Marco Alberti was recognised on Wednesday for his decades of leadership, dedication, and technical mentorship
Antonini Navi appoints Denison Yachting for US, Mexico
Italian superyacht builder expands its North American sales network following its first yacht delivery and further orders
Ocean Signal celebrates King’s Award for innovation
The Margate-based safety specialist receives royal recognition for its rescueME PLB3 beacon as it looks to future product development
US industry pros expect flat inflation in 2027; consumer confidence key to recovery
A real-time poll of nearly 1,000 marine industry professionals at IBEX found consumer confidence to be boating’s biggest economic hurdle, not interest rates or inflation
Vanguard Dutch Marine unveils 35m Armada A115 superyacht
The semi-custom aluminium yacht targets speeds above 40kt, combining Dutch engineering with design by Phathom Studio and Humphreys Yacht Design
People on the Move this Week
New appointments at Cockwells, Princess Yachts Australia, Saxdor and more
Dubai releases 2026 market figures ahead of November show
With 8,415 registered vessels, 20 marinas and users from 116 nationalities, Dubai’s marine industry continues to expand
Lalizas brings European boatbuilding leaders together in Greece
The inaugural International Boatbuilders Summit 2026 gathered industry stakeholders to discuss market challenges, OEM partnerships andthe future of boating
Ferretti Group wins approval to expand Ancona shed for 100m superyachts
The €3m investment will expand one of the group’s existing CRN sheds
Azimut-Benetti Group, Baglietto confirm binding offers for TISG assets
A two-phase plan for TISG has been put forward by ABG, while Baglietto is interested in the La Spezia shipyard
BBA 2026: Book your place for the big night
The Boat Builder Awards dinner takes place at Metstrade’s Harbour 8 venue on 18 November, with individual tickets and table reservations available now
Grand Banks Yachts posts record first-quarter result
New orders placed in Q1 FY2027 include 11 new builds and two trade-in boats
Princess Yachts Australia, Haines Yacht Sales name new general manager
Clinton Wright brings luxury automotive leadership experience to oversee operations across both businesses
Ilmor Marine VP elected NMMA engine division chair
Mike Lindberg will lead the 2027-28 agenda while continuing to serve on the NMMA Executive Committee
Winnebago earnings fall in Q4 as marine margins tighten
Full-year profitability improves despite softer sales, while marine earnings continue to face pressure
Crescent reveals progress on 34m CCY110 Revive
The aluminium multihull is under construction in Vancouver, with customisation still available to a prospective buyer
ISA Yachts unveils 86m Poseidon superyacht concept
The ISA Large Yacht Collection project features extensive outdoor living spaces, a private owner’s deck and a range of custom layouts
MasterCraft appoints central California dealer
Bohner Lacefield Marine will expand the brand’s sales and aftersales coverage in the Central Valley
SEA.AI appoints former French Navy officer to defence role
Olivier Jacques joins the company’s French entity as demand grows for AI-powered maritime surveillance across crewed and autonomous platforms
Larger superyachts drive Southern African cruising growth as regional body rebrands
Southern Africa recorded 36 visiting superyachts in 2025, as industry leaders call for greater regional coordination and economic impact research
CL Yachts unveils CLB65 SUV model
The 19.7m yacht targets owner-operators with a single-level layout, flexible outdoor spaces and speeds of up to 28 knots
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