Latest News
KVH back in the black
Higher service sales and cost-reduction initiatives deliver return to profitability in 2025 fourth-quarter results
JEC World opens, showcasing global composites innovation
The composites trade event returns to Paris Nord Villepinte, with over 1,400 exhibitors
Sanlorenzo confirms previously issued preliminary results for FY2025
Dividend of €1.05 per share approved, a YoY increase in line with net income growth
Sunseeker celebrates first lamination of new 134 Superyacht hull
Hull No 1 will undergo testing in April 2027 before being delivered to her US owner
Southern Spars installs new 5-axis CNC machining centre
The system enables faster, more precise manufacturing of composite components at its Auckland facility
ICOMIA, Boats Group partner to advance global leisure marine market intelligence
Collaboration drives sustainable industry growth through reliable, high-quality data
Yacht Club de Monaco enhances marina with Seadamp technology
The next-gen hydraulic mooring damper enhances safety, comfort, and sustainability within the marina, setting new standards for innovation and efficiency
New framework promises major boost for Scotland’s marine tourism
The Giant Opportunities strategy will deliver £100m investment over the next five years
Mercury Marine appoints GM for Australia, NZ and Asia
Enrique Bolanos moves to APAC after four years at Mercury’s Latin America operations
Leadership changes at Boston Whaler
Brad Zoelle succeeds departing Lenn Scholz as president of Brunswick Corp premium fibreglass boat brand
YYachts appoints official representative in Spain
Partnership expands German sailing yacht builder’s presence in the Mediterranean
NX Boats to open first Concept Store in southern Brazil
New Maringá location marks a strategic move to expand beyond coastal hubs, strengthening its presence in regional markets
Middle East Update: Resilience shines through amid regional tensions
The marine industry awaits news on the upcoming Dubai International Boat Show, scheduled for this April
1st Seaquip exhibition attracts strong crowd
Last week’s event set a solid foundation for future growth and development
Confindustria Nautica: Boating fuels €13bn and 168,000 jobs in the Italian industry
‘La Nautica in Cifre Monitor – Trend 2025/26’ was presented last week in Milan
Saudi Red Sea Authority names new CEO
Leadership change supports development of coastal tourism and marine infrastructure
Ferretti controlling shareholder responds to media commentary
Weichai-backed Ferretti International Holding reiterates support for Ferretti Group’s strategy and governance framework
De Antonio Yachts opens new Barcelona headquarters
The Spanish builder moves to a 1936 tower house in the upscale Pedralbes district
Middle East Update - Optimism on the ground despite disruption
As the marine industry maintains an overview of a fast-moving situation
Myers Q4 revenues flat, profits up
Full year sales down but profits increase for US equipment manufacturer
Investment firm sets sights on marina sector with two acquisitions
Dallas-based Investment firm buys two US marinas
Boero Yacht Coatings joins Ferrari Hypersail project
Coatings specialist to develop advanced systems for Giovanni Soldini’s experimental high-performance racing monohull
YYachts begins construction of first hybrid-powered Y8
New build integrates Yanmar hybrid propulsion system as the German builder advances lower-emission sailing technology
Finnish solar-powered builder overhauls range, expands in Western Africa
Elvene Boats is implementing a new powertrain solution for its models
Nice Boating Tomorrow show and Forum latest
With the accent firmly on sustainability and eco power the new boat show and forum in Nice ‘Boating Tomorrow’ will open its doors in two weeks’ time and run from the 19-22 March.
Lund Boats today announced a new partnership with the Minnesota Vikings
Lund Boats Announces Partnership with the Minnesota Vikings, uniting two iconic brands that have been trusted and celebrated across Minnesota for generations.
Seldén launches e-commerce platform for dinghy sailors
New online store offers direct access to the company’s dinghy hardware and spars
Valencia Boat Show reconfigures its space, expands with four large exhibition areas
Event will include new Expo Zone for professionals and public to meet
Canados names US distributor for Gladiator line
Yachting Experts to display Gladiator 431, 493 at Palm Beach show
Voyage Yachts eyes private cruising segment with 510 Owners Version
SA builder charts new course as it looks to grow in private as well as charter sector
Southern Pacific enters electric jet market
New segment entry seen as growth opportunity for Kiwi RIB builder
Aquila expands global dealer network for new sailing range
Catamaran builder appoints eight new partners across the US, Europe and Asia following launch of the Aquila 50 Sail
Historic EU Industrial Maritime Strategy backs Europe’s leadership in recreational boating
Strategy focuses on clean technologies, circular economy solutions, and nautical tourism, with EBI committed to driving its implementation
Suzuki acquires battery business
Acquisition of all-solid-state lithium-ion battery business from Kanadevia Corporation expected to support electric propulsion system development
Middle East Update - Industry strives to adapt
As day five of the ongoing conflict in the Middle East unravels, IBI’s Middle East correspondent provides an update from two key Industry sources in the United Arab Emirates.
90-day comment period on Right Whale Vessel Speed Rule opens
Stakeholders have until June 2, 2026, to provide input on the proposal, which seeks to balance conservation with economic and industry concerns
Twin Vee revenues up but losses continue
Cost reduction initiatives improving the bottom line, but profitability continues to elude US boat builder
MarineMax shareholders give McGill a vote of confidence
Shareholders of the global marine retailer and service provider, reaffirm their support for CEO William Brett McGill at the company’s Annual Meeting, reelecting him and two directors to three-year terms despite a takeover bid
Weichai boosts stake in Ferretti Group
Weichai Shandong Heavy Industry Group has raised its stake in Ferretti S.p.A to 39.05% through a share acquisition on the Hong Kong Stock Exchange,
Cape Town yacht exports soar, but 2025 faces tariff and port challenges
Cape Town’s yacht exports grew 19% annually from 2019 to 2024, but 2025 faces declines due to US tariffs and port constraints
Hempel achieves record financials, driven by marine segment growth
Paints and coatings specialists delivers strongest financial performance to date with the marine segment leading the way, achieving 9.8% organic growth and €750 million in sales
IGY Marinas renews management agreement for St. Katharine Docks
US-based IGY Marinas to continue management, marketing of iconic London facility
Malibu unveils strategic vision behind Saxdor deal
Malibu Boats to expand its market presence, leverage international manufacturing, and fill strategic product gaps
Preliminary 2025 US sales data down, 2026 starts weak
Preliminary US recreational new boat sales figures for 2025 show across the board declines in units with the exceptions of aluminum fishing boats and PWC, and the January 2026 figures paint a bleak start to the year
Flux Marine shifts strategy focus to commercial growth
Appointment of former Mercury exec Gary Lancina to advisory board seen as pivotal to achieving revenue growth targets
GlobeSailor expands Mediterranean charter options with new bases
Yacht charter specialist adds new bases in Albania, Italy, and Malta
Navigating the future: ICOMIA, EBI and industry leaders discuss market trends, costs, and sustainability in Bosphorus Boat Show panel
During the Bosphorus Boat Show, held in Istanbul between 21-28 February, the panel “Growth in the Yachting Sector and the Effects of Regulatory Frameworks” brought together leading international and Turkish industry representatives to evaluate the sector’s post-pandemic trajectory.
Mercury cuts ribbon on Florida plant expansion
25,000ft2 expansion to St. Cloud, Florida facility to create 30 new jobs
Sunseeker names new CEO
Andrés Rubio takes helm following yesterday’s announcement of new ownership
Sunseeker sold again
Antony Sheriff to chair new ownership group
Tingdene Group announces new CEO
Ian Collier will transition to the role of Group Executive Chair
US boat builder completes sale – lease back of its plant and HQ
SeaVee Boats sells Florida plant and corporate HQ for US$51m, leases space back for 10 years
Malibu Boats acquires Saxdor
Finnish brand bought for €150m
ISO approves groundbreaking environmental standard for superyachts
ISO/TS 23099 approval is a boost for sustainability in the large yacht sector
Freedom Boat Club reports record growth in member outings, highlights boating trends among millennials and Gen Z
While boat sales have fallen off significantly since the COVID pandemic, participation in boating remains high, industry leaders around the world profess, and nowhere are those numbers reflected clearer than in the peer-to-peer and subscription boat club models, a growing trend among the very demographics the boating industry is trying ...
AkzoNobel reflects on 2025, prepares for strategic leap in 2026
Paints and coatings giant publishes its annual report, showcasing a year of operational excellence and strategic milestones
Conflict in the Middle East – Implications for the marine industry
As we enter the third day of conflict which is now affecting most of the GCC countries, IBI’s Middle East Correspondent considers the issues for the Gulf leisure boating industry and the upcoming Dubai International Boat Show
MasterCraft adds Caribbean dealer
Yellow Sun Marine as exclusive, authorised dealer in Turks and Caicos
Mood index: EU economic sentiment nosedives as service sector takes hit
In February, the Economic Sentiment Indicator dropped in both the 27-nation EU and the 21 EU nations that use the euro as their currency (-1.0 point to 98.3 in both areas), the European Commission has reported.
Sunseeker reports strong sales success from Miami show
Five yacht sales, including the 90 Ocean, highlight the strength of the US market
![Honda rigging pic[1]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/415x277/8/6/4/59864_hondariggingpic1_71387.jpg)
Honda extends rigging warranty
New five-year coverage extension aims to drive sales through increased buyer confidence
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