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IBI Summit: A Wake-Up Call for the Boating Industry
The IBI Summit, in association with Carlsquare, dropped anchor this week with one message: the boating industry must adapt—or risk drifting off course.
Smartgyro to sponsor US fishing tournament
Support of 22nd annual Dare County Boat Builders Tournament marks major branding exercise in key US market
SkillsUSA event sees highest marine sector participation to date
Support of ABYC, NMEA and major outboard manufacturers seen as boost to future workforce development
Fincantieri Marine Group names new CEO
Italian superyacht builder brings in George Moutafis to steer American shipbuilding arm
August Race expands to Thailand with exclusive distribution deal
East Marine Asia will distribute the UK boat care specialist’s products in Thailand
Superyacht Australia hosts 12th annual Australia Tahiti Rendezvous
A 15-strong delegation of marine representatives joined captains and crews of 30 visiting vessels in Tahiti last week
Riviera opens new yacht club for owners
The new centre offers practical training, yacht familiarisation, and design consultations in a waterfront setting
Avikus, Emerson sign MoU to integrate autonomous marine systems
Avikus will use Emerson’s open protocol to integrate its NeuBoat Control system with the Aventics controller platform
Lithuanian outfitter establishes UK headquarters
Aros Marine opens Southampton base at Ocean Village Innovation Centre
People on the Move this Week
New appointments at AkzoNobel, Linssen, MarineMax Yachts and more
Flexiteek USA opens new Florida HQ
The move represents a key milestone in the company’s strategic expansion
Sterk Yachts enters UK market
German builder appoints official distributor for the UK
US$8m Nautical Ventures deal “crucial” to Vision Marine future
The agreement marks a pivotal step toward Vision’s long-term viability
Brunger Export to represent Ritchie Navigation in Europe
The partnership builds on Brunger’s longstanding success representing the US firm in Asia, Africa, and the Middle East
Safe Harbor Marinas faces lawsuit over alleged inflated billing
Miami Yacht Charter files class action suit, claiming deceptive billing practices and inflated repair costs on a 23m yacht
Italian RIB producer joins YachtWay marketplace
Novamarine’s complete range is now listed on the platform
AkzoNobel names new CFO
Fredrik Westin succeeds Maarten de Vries as chief financial officer
Navtor opens new office in Dubai to support regional growth
Navtor Middle East is the e-navigation specialist’s 13th office in the region
Dometic UK Blind Systems expands Benelux reach with new partnership
Lankhorst Taselaar takes on exclusive distribution of Dometic’s marine blind systems in the Netherlands
Aquila Power Catamarans unveils new brand identity
New tagline focuses on how design and production decisions impact the boating experience for owners
UK Crown Estate reports £1.1bn in 2024-25 fiscal year
Royal assets body has key links with marine recreational sector
Construction begins on Bali Benoa Marina
Indonesia’s first full-service yacht marina will put the country on the global yachting map
Teledyne acquires Maretron
Leader in vessel monitoring and control solutions joins Teledyne’s Raymarine brand
Polish builder partners with Chinese outboard producer
Massiv Boats is now an official Hidea outboard engine distributor in Poland
Barcelona Boat Show 2025 expands with ‘Boatique’ initiative
Key features for this year’s event include new innovation village and shuttle link to large yachts in Barcelona dock
Damen Yachting completes two-year refit of superyacht Moonstone
The 79.2m steel yacht has undergone a significant transformation
ZEM appoints new CEO to drive global growth
Jonathan Sørbye takes up his position at the Norwegian firm in October
Lasdrop partners with Ocean Marine Equipment
US firm chooses Cyprus’s leading marine supplier to distribute its shaft seals in Cyprus
Sylvie Ernoult reveals 2025 Cannes Yachting Festival highlights
IBI speaks with the show’s director about this year’s innovations and the festival’s legacy
Supersede secures US$10m in seed funding
Sustainable building material manufacturer to establish new production facility to triple output, create 50 new jobs
Nimbus appoints first Mexican dealer for EdgeWater, Nimbus brands
The Boat Cave will sell Nimbus and EdgeWater boats in the Yucatán Peninsula
Honda Marine Europe hires UK PR firm to drive growth
The outboard engine specialist is looking to raise its profile across Europe
Linssen Yachts presents new board; Yvonne Linssen named MD
New leadership team at Dutch boatbuilder to drive next-generation growth
Brunswick among Newsweek’s Greatest Workplaces in Manufacturing for 2025
Honours from US business title reflect more than 400,000 confidential employee interviews and 4.9 million company reviews
Canadian court approves class action boat suit
Lawsuit to proceed after 500,000 consumers erroneously told they had won a new boat in coffee chain promo
Ferrari-backed Hypersail foiling yacht due for completion next year
Unnamed Italian yard begins work on advanced offshore yacht, launch expected in 2026
Industry leaders to gather in London this week for inaugural IBI Summit
Boat builder CEOs debate the big ideas shaping the next era of boating
Barton Marine appoints Hungarian distributor
Amarcord Marine to distribute UK firm’s deck equipment in Hungary
WRF issues net-zero roadmap for the superyacht sector by 2050
New roadmap sets quantified environmental targets with five-year increments
Whittley, Honda sign OEM and dealership deal
The move coincides with the launch of new outboard models in Australia
ApexBrasil, ACOBAR drive global push for Brazilian nautical sector
Nautical edition of Exporta Mais Brasil planned for next month’s Marina Itajaí Boat Show
Seasoned investors and top CEOs to debate future of investment in boating at IBI Summit
IBI Summit dives deep into the future of boatbuilding investment with top CEOs and seasoned dealmakers
Canadian electric outboard maker enters SE Asian market
Acel, En-Syst sign distribution agreement for the region
Ferretti, Flexjet unveil Riva Volare jet and helicopter interior
The finished design was presented on Thursday at Milano Prime Linate Airport
NMMA weighs in on Bahamian boating fee increases
President Frank Hugelmeyer urges Bahamas prime minister to reconsider the changes in letter shared with IBI
Van der Valk launches 35m Lalabe, set for Cannes debut
The Dutch yard’s new superyacht will make its first international appearance at the Cannes Yachting Festival in September
Sunbeam Yachts invests in future with new production facility
The 7,000m2 site in Munderfing, Upper Austria, will be operational by 2026
More than a dozen new boat premieres set for Polish show
The upcoming Polboat Yachting Festival will unveil more than 12 new boats among a lineup of over 100 vessels on display
Former Dutch tennis pro launches yacht services firm
Jesse Huta Galung’s new venture offers bespoke services across the global marine sector
Baglietto, Meyer Davis collaborate on new 56m design concept
The Vesta56 superyacht was recently presented in New York
Global maritime organisations unite to accelerate electrification
New alliance to drive coordinated action for inland and nearshore vessel electrification
People on the Move this Week
New appointments at Bavaria, Brig USA, Cruisers Yachts and more
Bimini resort sees cancellations ahead of new Bahamian boating fees, regulations
The loss of business, which already stretches into August, is significant
CdM expands Ancona operations with three new build sheds
New facility described as a “many thousands of euros” investment
US consumer confidence retreats in June
Decline in confidence shared among all ages and income groups
West Marine to sell Yamaha portable outboards
US retailer to sell portable outboards from 2.5hp to 15hp at select stores
South African president addresses Starlink issue in Parliament
Cyril Ramaphosa backs policy shift that would let satcom firm operate in the country
Brazilian boat exports nearly triple over four years
Brazil’s boat building industry is riding a wave of export growth, but rising US tariffs and interest rates are casting uncertainty over its most vital market
NMMA Canada completes successful lobby effort
Meetings with newly elected government focused on luxury tax repeal
Domani eyes brighter horizons after industry setbacks
Lean structure and fixed cost base help Belgian shipyard navigate hard times
US Coast Guard accepts new ABYC navigation light standard
New ABYC C-5 standard replaces old UL 1104 with international alignment and provision for LED testing requirements
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