Latest News
Princess Yachts shifts to direct sales model in key Asian markets
The company will operate through a wholly owned Hong Kong subsidiary, ending its existing distributor arrangement in the territory
Yamaha Motor Canada appoints new marine division director
Connor Megan has spent the last decade with Yamaha Motor Corporation USA
Honda reports record Q1 profits despite power products segment declines in North America
Honda has raised its full-year financial outlook following a strong first quarter, with higher revenues across several key business segments helping offset softer North American demand in its power products segment
Fraser Yachts, Wheels Up to offer private jet-to-yacht luxury experiences
Partnership said to redefine luxury travel by making it a special experience
Metstrain Early Bird fare deadline approaches
Delegates have until 1 September to secure a €115 fare for the dedicated London-Amsterdam journey to Metstrade 2026
Yacht Havens creates new operations director role as group expands
The marina operator appoints long-serving executive to its Board as it looks to strengthen operations across its UK and European network; recruitment now underway for a new marina manager at Lymington Yacht Haven
Nimbus gains nearly 43% in US market share among Scandinavian brands
Rising brand awareness and consumer demand for differentiated products beyond traditional categories are said to be driving growth
Sacs Marine opens first Italian lounge
The Italian builder has partnered with Nautica Bertelli to launch its first Sacs Lounge, as it shifts towards direct customer model, combining its dealer network with selected local partners to strengthen owner support and after-sales services
Littelfuse Q2 results exceed expectations
Carling Technologies parent reports 20% YoY revenue growth, 56% YoY gain in net income in strong second quarter
Yachting NZ, Hospitality NZ launch yacht club support programme
The year-long pilot programme is the first of its kind between New Zealand’s sport and hospitality sectors
ABYC promotes Brian Goodwin to standards and compliance VP
US recreational boating standards body expands senior leadership
Yamaha announces record-setting revenues and profits in strong first half
Engine builder raises full-year guidance despite cost pressures, tariff impacts
SAY Carbon Yachts opens Mallorcan hub
The German performance yacht builder has established the year-round base at Puerto Portals to support owners, dealers and prospective customers
Ryds Boats partners with Kellox and Erling Sande to expand Nordic reach
The Swedish builder has formed a distribution partnership with two Norwegian Peak Invest subsidiaries to strengthen its presence across the region
Sasga Yachts names new sales and marketing director
Jordi Ferrer returns to the marine industry to lead company’s global commercial strategy
Baglietto linked with possible acquisition of TISG's La Spezia yard
Italian yacht builder is reported to be among potential parties interested in assets of financially troubled The Italian Sea Group
Allen Brothers enters third generation of family ownership
UK sailing hardware manufacturer appoints Richard Allen managing director
Smuggler Marine appoints new operations manager
Calvin Clements will oversee factory operations as the NZ builder expands its product range and amphibious vessel lineup
Myers reports strong Q2
Higher revenues and profits highlight second quarter earnings for US plastics manufacturer
Inventory control leads US dealers to higher margins on lower revenue
Two leading US boat retailers reported higher profit margins despite lower revenue in the fiscal third quarter, crediting strict inventory controls for their improved performance
Autograph Yacht Group strengthens Fort Lauderdale team
US brokerage hires former superyacht captain with experience in new-build oversight, refit programmes and large-yacht sales
Cummins raises 2026 guidance on record second-quarter sales
YoY growth across all operating divisions deliver second quarter results that exceed expectations for US engine builder
Deutsche Yachten launches ‘Superyacht Thursday’ at boot Düsseldorf
The new one-day B2B format will bring together superyacht industry leaders for presentations, panel discussions and networking
FHG Marine Engineering acquires Scott Marine Power
South Florida marine services group adds Fort Lauderdale-based propulsion specialist with MAN, Scania and Yanmar sales and service capabilities
Sales, profits jump for Johnson Outdoors with strong Q3
Gains in fishing and diving segments offset decreases in watercraft recreation for US equipment manufacturer
Nautitech appoints BFG Marine as exclusive Italian dealer
French catamaran builder appoints new Italian representative as it shifts towards lower-volume production focused on private owners
Basque consortium to develop hydrogen-powered leisure boat
BASK-H2BOAT project will integrate fuel cell and battery propulsion in a lightweight vessel for recreational and coastal use
Princess Yachts announces death of founder
David King founded Princess in 1965 and spent over six decades building it into one of the world’s most respected yacht manufacturers
Temo’s Vannes facility destroyed by fire
The electric boat motor manufacturer says operations have been suspended at the site while it works to maintain business continuity
Declining revenue, lawsuits lead FB Marine Group to file for bankruptcy protection
The Florida-based marine retailer and boat dealer reports US$1.7m in assets and US$2.6m in liabilities in bankruptcy petition
Ancasta expands European network with new offices
The yacht brokerage and dealership group opens offices in Amsterdam and Montenegro as it targets growth in northern Europe and the Adriatic
TISG launches formal investor search amid restructuring
Multiple potential investors have expressed interest in acquiring the troubled superyacht builder
Q2 profits climb for Lippert Components despite lower revenues
Effective cost controls lead to higher earnings for US equipment manufacturer as it prepares to merge with competitor Patrick Industries
Blackstone acquires MarineMax in US$1.5bn all-cash deal
The agreement ends the months-long bidding war between Blackstone and investment groups Donerail and Centerbridge
Shadow-Caster hires EMEA sales manager
Ex-Lumishore sales lead Gina Tilsley joins marine LED lighting manufacturer to expand EMEA distributor and OEM networks
Interboot appoints first female project manager
Zuzanna Sroda is taking over as head of Germany’s oldest water sports show
President of Dominica prioritises marine tourism with plans for new marina
The proposed marina at Portsmouth will help expand Dominica’s marine tourism sector, attract more visiting yachts and support wider economic growth as part of the island’s blue economy strategy
Spanish recreational boating market grows 6.8% in first seven months of 2026
Spain records 3,934 registrations as larger boats and charter activity drive continued market growth
Nautical Ventures names new general manager
The leadership role is announced as the Vision Marine subsidiary expands its US retail and service operations
Gulf Craft introduces latest version of the Nomad 70
The updated explorer yacht features refreshed styling, redesigned interiors and extended cruising capability
US ambassador backs South African boat building during Robertson & Caine tour
Brent Bozell praises Robertson & Caine during Cape Town visit highlighting bilateral marine trade
People on the Move this Week
New appointments at Sirena Yachts, ICOMIA, Ancasta and more
Australia’s largest off-water boat show wraps up successful four-day run
Thousands attended Sydney Boat Show as exhibitors reported strong sales, quality leads and growing consumer confidence
De Wave invests €10m in new facility as group targets further growth
The marine interiors specialist will consolidate four Monfalcone operations at the new site and plans to hire 150 employees over the next two years
Manoel Island marina to remain as Transport Malta prepares new concession
Maltese government confirms yacht marina and yacht yard will be retained following the end of the wider MIDI concession
AkzoNobel and Axalta shareholders approve merger of their companies
Shareholders overwhelmingly back merger creating the world’s second-largest paints and coatings manufacturer
Polish RIB producer shifts production to fishing craft amid booming demand
Cavo Marine is planning to broaden its portfolio of craft for fishing enthusiasts next year
Getting noticed in the DAME Design Awards 2026
The awards at Metstrade offer exhibitors the opportunity to showcase their latest products to an international audience of marine industry professionals. With strong competition across every category, these 10 pointers will help you create an entry that clearly communicates the design strengths and commercial potential of your product
Crest and Balise to offer Savvy Navvy with Apple CarPlay and Android Auto on 2027 models
MasterCraft Boat Holdings’ pontoon brands will introduce integrated navigation via Apple CarPlay and Android Auto as standard on selected models
Sirena Yachts USA undergoes leadership transition
The former US operations chief moves into an advisory role as a new leader takes charge of the company’s North American growth strategy
Olympic Yacht Show 2026 attracts interest from more than 100 yachts
Early exhibitor demand points to continued growth for the Greek in-water show, which returns to Olympic Marine in October
New leadership breathes new life into Royal Balk Shipyard
With new Dutch ownership, Royal Balk Shipyard is building on more than two centuries of heritage to grow its specialist refit and recraft business
Sterk Yachts begins European testing of Vision Marine electric propulsion system
The integration programme aboard the Sterk 26E builds on the partners’ exclusive supply agreement and will evaluate the E-Motion 180E under European operating conditions
Singapore Yachting Festival announces expanded 2027 format
The event will return in April 2027 with a new consumer-focused format designed to increase visitor engagement, attract qualified buyers and strengthen opportunities for exhibitors across the marine and luxury lifestyle sectors
ABYC to host webinar on latest small craft standards updates
Free webinar to be held August 27
US bank enters yacht finance market
Peapack-Gladstone has begun offering specialised yacht finance for HNWIs
Polboat Yachting Festival hosts 20 boat premieres amid improving industry outlook
This year’s edition of the Polish boat show showcased more than 110 craft
Smartgyro appoints All Points Boats as South Florida partner
Smartgyro has expanded its US dealer and service network through the partnership with All Points Boats, which will provide sales, installation and after-sales support for the company’s range of marine stabilisation systems in South Florida
Polish builder launches e-catamaran for disabled boaters
The electric cat can accommodate up to six people, including four wheelchair users
Gemeco opens registration for 2026 marine electronics training event
The US marine electronics distributor is inviting dealers, installers and boatbuilders to attend its annual Technical Training Event in South Carolina, offering four certification programmes
SilverCat broadens international dealer reach
IBI’s Middle East correspondent visited SilverCat’s production facility in July as the Gulf Craft Group brand continues to expand its international distribution network, increase production capacity and target new dealer appointments in South-East Asia
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