Latest News
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
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
![Juan-Vargues[217564]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/415x277/0/7/6/67076_juanvargues217564_698359_crop.jpg)
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
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
AkzoNobel reports strong sixth consecutive quarter of ‘organic growth’
Organic sales and adjusted EBITDA both increased in the third quarter
The Whiskey Project opens US boat plant
Australian boat builder establishes North Carolina facility to manufacture Whiskey, NAiAD and VYCOR watercraft for North American market
Lazzara sells UHV 100 months after launch
The 30.5m yacht has been sold to an experienced American owner, with plans to cruise the Mediterranean before relocating to Florida
Sunbeam Yachts opens €4.5m shipyard in Upper Austria
New Munderfing facility adds 7,000m² of production space with a further 7,000m² available for expansion
American Marine Performance expands US dealer network
New Jersey appointment extends Florida builder’s retail coverage in the northeastern US
Vision Marine names new sales lead for Nautical Ventures
The marine retail veteran debuts at FLIBS this month, tasked with strengthening sales and manufacturer relationships across Nautical Ventures’ five-location Florida network
Gemini Marine donates hull for memorial craft honouring late kitesurfer
Graham Howes, an extreme sports entrepreneur, died last year after colliding with a whale while kitesurfing
Monaco Yacht Show joins IFBSO network
The event has joined the International Federation of Boat Show Organisers, strengthening its representation in the global superyacht sector
From tenders to superyachts: finalists announced for 2026 Boat Builder Awards
The IBI Metstrade Boat Builder Awards for Business Achievement is pleased to reveal a strong array of 21 finalists who collectively represent excellence across a wide range of yacht construction activity, from 4m to 67m
Tariffs hit marine suppliers unevenly as shipping costs surge
International manufacturers tell IBI that US tariff impacts vary by product and origin, but rising material and shipping costs are a near-universal challenge
Highfield Boats forms new professional division
US RIB manufacturer extends brand beyond the recreational sector
RAD appoints French partner for electric propulsion systems
The deal adds RAD’s 40kW electric outboard to Kent Marine Equipment’s propulsion portfolio, targeting professional operators
Nautipaints Group opens base at VMG Astilleros de Sagunto
Refit specialist expands its Mediterranean footprint, bringing all four divisions to one of Spain’s emerging large-yacht hubs
African Boating Conference: Premier calls on boat builders to help cut unemployment
Western Cape Premier Alan Winde tells delegates that boat building is key to job creation, while urging industry leaders to push further
TISG receives five binding offers as restructuring deadline passes
Bids include offers for a full takeover of The Italian Sea Group, as well as targeted acquisitions of individual assets
AIMEX names new manager for Superyacht Group Great Barrier Reef
Danielle Carey will focus on attracting international yachts to the region and supporting North Queensland’s marine industry
2026 Paris Nautic tests consumer confidence
The second edition of the revived Paris Boat Show will take place from 25-29 November at Le Bourget Exhibition Centre
Northern Lights appoints distributor for Australasia
Diesel Marine NZ will provide sales, parts and service support across New Zealand, Australia and the South Pacific
Albania’s Balkans Sea Fair expands in second edition
This year’s event sparked numerous new partnerships between Western European and Albanian players
French boat builders resilient despite difficult market conditions
A boot Düsseldorf press tour of four French builders reveals how the industry is adapting to shifting industry dynamics
NVN Marine moves to fill the gap left by West Marine
Online accessories retailer opens first physical store in the town of its struggling rival
Olympic Yacht Show closes 6th edition with strong international turnout
More than 20,000 people visited last week’s event, with more than 800 from abroad
Cockwells founder steps back as new management team takes helm
Henry Ward, Jack Carr and Tim Tregear will lead the Pendennis-backed boat builder as it enters its fourth decade
MarineMax plans expansion of Pompano Beach sales facility
US dealer seeks approval for a 1,380ft² addition and wider upgrades at its South Florida waterfront site
Saxdor Yachts appoints interim CEO as Erna Rusi steps down
Eric Lindquist takes interim charge as the boat builder seeks a new chief executive to lead its next phase of growth
Nimbus USA names Panama dealer for Central, South American expansion
Panama Yacht Group brings international connections and regional market knowledge
Sea Ray signs new hometown dealer
Tri-Star Power Sports & Marine will represent the brand in East Tennessee
People on the Move This Week
New appointments at Ocean Marketing, Denison Yachting, TISG and more
Cape Town’s V&A Waterfront appoints communications chief
Donald Kau takes on communications leadership at Cape Town’s V&A Waterfront as the precinct develops its marine and commercial infrastructure
Azimut expands dealer network in New Zealand and Mexico
The Italian yacht builder appoints The Nautical Group and renews its partnership with Performance Boats to strengthen sales and after-sales support
HikoTerra expands global distributor network
New appointments across seven markets aim to strengthen sales and service for the company’s H⁴ Hybrid Power System
Mirava raises nearly US$7.5m for smart electric boat expansion
Angel round will fund production, European market development and further work on autonomous boating technology
Moonen Yachts marries hull and superstructure of 10th Martinique
The company joins the steel hull and aluminium superstructure of its 10th Martinique, with delivery scheduled for June 2027
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