Latest News
OXE Marine in discussions with bond holders, EIB on potential restructure
Diesel outboard maker says it is looking to grow without working capital constraints
2024 Tomorrow.Blue Economy World Congress returns to Barcelona
This year’s event will bring together over 250 experts, practitioners and community leaders from around the world
Australian equipment builder unveils new tender chocks
Davco says new AquaChock system mounts flush to deck surfaces to eliminate tripping hazards when removed
Roswell Marine expands in Europe
US manufacturer establishes factory-direct distribution centre in the Netherlands
Bank of Canada cuts interest rate for second straight month
Further rate reductions anticipated as inflation continues to ease and boat sector plans for 2025
Polboat Yachting Festival sees record exhibitors, numerous boat deals signed
This year’s event attracted more than 22,000 visitors
US startup looks to make waves in navigation assistance segment
Lookout aims to earn share in OEM, refit channels with innovative AI-enabled camera platform
Polish builder to roll out new boat range
Balt-Yacht says it has ambitious plans for the future as it unveils its latest motoryacht
Biden weighs in on AGOA as SA exports under spotlight in Washington
US President urges Congress to reauthorise African Growth and Opportunity Act
People on the Move this Week
New appointments at GMBA, Malibu, Yamaha US Marine Business Unit and more
MarineMax revenue up, profits down for FQ3
US boat and yacht retailer maintains guidance for 2024
Boating takes centre stage at Paris Olympics opening
Athletes will board 100 boats for a 6km parade down the River Seine
Brunswick Q2 revenues down 15%
Slow retail sales lead to second-quarter results falling “slightly below expectations” for world’s largest boat, engine and marine equipment builder
Royal Huisman to turn hull of Project 410 in anniversary year
The 85m (280ft) vessel is the world’s largest sailing yacht with a single mast, yard says
Tough Q2 for Marine Products Corp
US boatbuilder reports 40% YoY revenue decrease as dealers continue facing high inventory finance costs
Dutch builder forms refit division
The team has already welcomed J-Class yacht Hanuman for an extensive refit
Plans to strengthen Ancona’s yachting links
New collaboration to provide space for yacht-building and boost local yacht tourism
Czech builder launches mini explorer ahead of Arctic expedition
The MiniCat 520 recently spent a week undergoing endurance testing in the Arctic Circle
BIA to host diversity, sustainability forums at Sydney show
Boating Industry Association of Australia names line-up of speakers
Pendennis delivers 35m expedition-style motoryacht
Fox will spend this summer in the Med before appearing at September’s Cannes show
Former Florida shipyard to become marina and mixed-use development
Jacksonville City Council approves rezoning and land use amendment
Government figures show Canadian luxury tax a failure
Justin Trudeau’s luxury tax on boats, autos and private aircraft directly attributed to job losses while failing to meet revenue projections
Phuket looks to boost superyacht tourism
New policy aimed at making Thailand a world-class maritime tourism destination
Superyacht Australia gets boat show and event funding
Industry body secures funds to assist Queensland companies attend international events
IBEX to feature expanded pavilions, trade routes
A total of eight pavilions and three trade routes aim to enhance visitor experiences at North America’s largest leisure marine trade event
![PR_Dometic[1]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/415x277/0/9/4/45094_pr_dometic1_717661_crop.jpg)
Dometic UK Blind Systems appoints sole UK distributor
LKQ Leisure and Marine adds luxury blinds and soft furnishings to its product portfolio
Benetti hits B.Now superyacht milestone
Italian yard launches first of four B.Now 67 models on order
Airmar’s SmartBoat achieves OneNet certification
NMEA certification marks significant milestone for US sensor manufacturer
Brunswick named one of ‘America’s Greatest Workplaces’ for 2024
US builder receives third major award from Newsweek this year
New marketing head for MarineMax Superyacht Division
Patrick Coote brings more than 25 years’ experience in superyachts to the role
NZ builder exports first boat to UK
A Rae Line 185 will ship to a customer in Scotland later this month
Dream Yacht Sales introduces yacht management program
New offering available to Excess catamaran customers
Polaris Q2 revenues down 12%
Marine sales decrease 40% YoY while maintaining share in key pontoon segment
Portuguese marina expands to make way for superyachts
The project is expected to cost between €12m-€14m
De Antonio presents first flagship in new line of yachts
The D60 will be available in the summer of 2025
Candela reports growing deficit as losses mount
But sales of Swedish builder’s new electric ferry could change the situation
Xquisite hits production milestone with launch of first Sixty Solar Sail
South African cat builder unveils new 60ft hybrid sailing yacht
Beneteau boat sales down 32% in H1; forecast of €1bn for year-end (€1,465bn 2023)
The decline is linked to expected changes in dealership inventory levels
Simpson Marine expands in Vietnam
New office in Ho Chi Minh City will officially open in early autumn
German yard seeks partner with aluminium expertise
Talks held with various shipyards to evaluate where to build new 55ft sailing catamaran
Malibu Boats names Springer’s replacement
New CEO is former president of the off-road vehicle division at Polaris
US boating communicator passes away
Robert (Bob) Black died in February at the age of 95
Temporary layoffs at Mercury Marine to reduce production schedule
Some 1,700 workers affected at engine builder’s Fond du Lac plant
Denison issues 62m Sarp build update
The hull and superstructure for Project Nacre have been completed
New GMBA consultants for Spain and Germany
Appointments boost technical and sustainability capabilities in key European markets
Tohatsu appoints distributor for Brazil
Tohatsu, Victron Energy form partnership with Kamell Comércio
UAE builder unveils new catamaran brand
The Xcel 70 from Riviera Boat will have its maiden voyage in January 2025
New superyacht charter show planned for Croatia
This year’s event will be held at Zadar Cruise Port in October
Benetti issues delivery update for 2024
Italian builder says average size of yacht on order is nearly 50m
Massimo Group rings bell at NASDAQ
Boatbuilder celebrates listing on US stock exchange
Turkish builder restructures
Izmir-based yard adopts leaner management to strengthen global positioning
Volvo Group reports profitable Q2 despite headwinds
Swedish engine builder cites market normalisation for weak end-customer demand
Toronto-area storms sweep away boats, docks
Heavy downpours in southern Canada lead to widespread flooding in Toronto area as multiple docks, boats swept away by strong currents
European Boating Industry outlines EU tourism priorities
Move comes as Ursula von der Leyen re-elected president of the European Commission
Dutch builder to protect Seine during 2024 Olympics
French security forces will patrol the river in eight RBB 700s from Tideman Boats
Yamaha Motor launches mangrove planting project in Indonesia
Sustainable forest management and ecosystem conservation initiative aims to ‘help keep oceans pristine for future generations’
People on the Move this Week
New appointments at Lippert, nke Marine Electronics, Twin Vee and more
Dutch builder strengthens UK presence
Contest Yachts partners with Ancasta to form Contest Yachts UK
Egyptian show makes successful comeback after 13-year absence
The 6th Egyptian International Boat Show was held last week at Marassi Marina
UK marina up for sale with a guide price of £10m
The 250-berth facility is described as a “handsomely profitable business”
Brunswick augments ACES strategy with new AI initiative
US builder to incorporate AI features into its products to deliver simpler, safer, smarter, and more sustainable boating
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