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Beneteau sales dip 16% in Q2, but order intake rises ahead of 2025 recovery
The French boat builder anticipates a return to growth in the second half of the year as demand stabilises
U-Boat Worx restructures, names new CEO
Dutch sub builder creates three dedicated divisons to sharpen company focus
MJM Yachts signs Great Lakes dealer
Jefferson Beach Yacht Sales to represent US yacht builder in lucrative Great Lakes market
Cantiere Nautico Trimarchi owner killed in motorbike accident
Antonino Andrea Trimarchi founded the shipyard in 2018
EBI fighting the good fight in Brussels, sees some success
European Boating Industry calls for increased collaboration in these “troubled times”
Teledyne posts record Q2 revenues
Raymarine, FLIR parent reports highest ever Q2 revenues
West Marine Pro to air freight marine parts
US wholesaler partners with Tropic Ocean Airways to deliver marine supplies
Turkey sets up council to oversee maritime spatial planning
The new national body is expected to speed up marina development in the country
AkzoNobel marine coatings protect first sail-assisted Aframax tanker
The Dutch firm supplied 350,000 litres of International coatings to the Brands Hatch
People on the Move this Week
New appointments at Alfa Laval, the ASTO, Nautique and more
MarineMax reports Q3 net loss of $52m
Largest boat dealer in US reports 2025 Q3 revenues down 13% on weak retail demand
Safe Harbor acquires Costa Rican marina
Los Sueños Marina can accommodate vessels of up to 180ft in length
Brunswick Q2 beats expectations
Q2 YoY revenues roughly flat despite spring storms, flooding across much of US
Sanlorenzo unveils SL110A Asymmetric
The 33m yacht will have its world debut at Cannes in September
Marine Products sales, profits down low single digits
Demand stabilisation underscores encouraging Q2 for US boat builder
The [Model] Art of mass production: competing brands unite for greater good
The Polish shipyard builds for seven OEMs and is currently crafting a prototype for number eight
Gulf Craft becomes first MENA shipyard to accept crypto payments
The UAE-based yacht builder now offers cryptocurrency as a regulated payment method for vessel purchases, servicing and refits
RAD Propulsion grows dealer network in the Netherlands, India and Japan
The move supports RAD’s goal of expanding electric propulsion in global marine markets
Charting Africa’s superyacht future: Why strategy starts with stakeholders
At the African Boating Conference this October, industry leaders will be calling for a pragmatic, inclusive approach to unlock the continent’s untapped potential as a world-class superyacht destination – where local insight, not just ambition, steers the course
Catana reports Q3 revenue decline amid shifting market conditions
Boat sales down 24.7% in the third quarter; service revenues up 45%
Seajet expands production, prepares new Metstrade launch
The yacht coatings specialist is increasing manufacturing capacity at its Dutch facility
New study shows most US boat owners factor sustainability into purchase decisions
A report from Unmuted Consumer Insights reveals that 68% of US recreational boat owners consider a brand’s environmental commitment when choosing a vessel
Registration opens for 2025 NMEA conference
Annual electronics trade expo to run from September 22-26
Conrad Shipyard targets luxury growth with tailored approach
CEO Mikołaj Krol outlines how in-house production and deep client involvement have helped the Polish yard differentiate itself in a competitive segment
SABBEX confirms industry-led Cape Town Boat Show for 2025
This year’s event will be jointly hosted by BlueCape and the South African Boat Builders Export Council
MYBA Charter Show to be held at PortoSole Marina for another three years
The Sanremo facility is where the first MYBA Charter Show was held 35 years ago
Alfa Laval appoints marine division president
Martijn Bergink will take up his position on September 1
Bahamian marina layoffs to impact 40 workers
Action follows government investigation that highlighted labour issues
Freedom Boat Club unveils new mobile app
New customer engagement tool said to mark ‘major milestone in digital transformation’
IGY Marinas continues ambitious expansion across the Med
The European marina operator has strengthened its footprint in in Ibiza and Sardinia
AkzoNobel’s Q2 marked by weak growth, price hikes
But sales of performance coatings used in the marine sector were up
Balance Catamarans launches first Balance 750 in Cape Town
The new model is the South African yard’s most ambitious performance catamaran yet
Marina Port Vell completes €20m plan to boost capacity
The three-year overhaul included berthing, landscaping, and fuel supply improvements
Mercury expands V10 Verado lineup
New 425hp and enhanced 350hp models join existing 400hp V10 bringing elevated performance to high power outboard segment
HanseYachts reports improved profitability despite revenue decline
Preliminary figures show a return to sustainable operating performance
SEA.AI strengthens global presence with new partners and OEM collaboration
The company now works with over 150 dealers, supporting skippers, shipyards and marine security professionals worldwide
August Race expands into US market with new vendor program
UK boat care brand now available to US retailers nationwide
Teakdecking Systems names VP of deck maintenance products
Bryan Dodd will help TDS strengthen operations domestically while advancing its international strategy.
Axopar appoints exclusive electric boat dealer in Turkey
Yatmatal Marine is the Turkish dealer for Evoy electric motors and now adds Axopar’s AX/E electric boats to its portfolio
E-Force Marine evolves from propulsion to package
CEO Al Haghayegh explains to IBI how a pandemic project sparked the launch of a new electric catamaran with hybrid options
2025 International Workboat Show targets growth
Event organiser Bruno Tideman sees a ‘gaping hole’ in workboat market events
South African yard launches first custom 65ft cruising yacht
The commissioning team hopes to complete work by mid-August
Building through the downturn: How Finnmaster is turning slow times into smart growth
Despite a tough year for global boatbuilders, Finland’s Finnmaster Boats hasn’t stood still. From expanding into new markets and investing in R&D, to unveiling fresh models and embracing sustainability, the company is using the downturn as a launchpad for long-term success. COO Pia Niska and sales manager Sami Selio share ...
Sharrow opens new US manufacturing plant
New 60,000ft² Detroit-area factory to triple propeller builder’s production footprint
ICAST announces innovation winners
Three marine companies among winners at annual new New Product Showcase awards
Portsmouth gears up for SailGP showdown as world-class regattas hit UK shores
This weekend, Portsmouth and Southsea host the Emirates Great Britain SailGP and the return of the historic Admiral’s Cup, uniting elite sailors from around the globe
Lowrance unveils new Ghost X trolling motor
New motor offers greater positioning accuracy, enhanced power, and intuitive control
Lifting the veil: Dutch superyacht industry opens up to public scrutiny
Oceanco CEO casts light on the sector’s secrecy in a rare interview with a Rotterdam daily
People on the Move this Week
New appoinments at Correct Craft, Oyster, Torqeedo and more
Vision Marine Technologies names CTO of operations
Daniel Rathe replaces Xavier Montagne as chief technical officer of the group
Trump: trade deal with India close, EU possible
The eurozone economy remains steady despite US tariff threats
Nimbus delivers stable Q2 results despite challenging conditions
Turnover down 8% in the second quarter of 2025, reflecting continued economic uncertainty in key markets
Industry associations collaborate to grow boating
NMMA, MRAA launch Market Expansion Advisory Group to redefine Discover Boating’s goals and success strategies
Volvo Penta revenues increase on stronger engine sales
Lower volumes, revenues in uncertain Q2 for Volvo Group
New Italian RIB brand to launch at Cannes
Four customisable RIB models will debut at the show in September, including two cabin versions designed for flexible layouts and year-round use
Mixed Q2 results for Dometic
Swedish equipment manufacturer reports lower revenues and profits, but strong cash flows and healthy EBITA margin in ‘challenging’ market
HopYacht appoints exclusive Spanish dealer
Tarraco Yachts will represent the South African cat builder in Spain
HVO allowed in EU Stage V marine engines with no extra certification
The move ends years of ambiguity among makers and users of the synthetic fuel
From shipyard to strategy: HanseYachts plots bold course under new ownership
New majority owner Andreas Müller and CEO Hanjo Runde speak to IBI News about unleashing entrepreneurial agility, scaling in the US, and why the future of boatbuilding lies beyond the hull
ePropulsion extends eLite motor series
Electric propulsion specialist targets small portable applications on larger vessels
Princess Motor Yacht Sales grows presence in southern Spain
UK firm appoints new dealer partner in Cartagena and Alicante
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