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MarineMax FQ3 profits and margin up despite drop in revenue, same-store-sales
US boat retailer posts 9.2% gross profit increase as inventory normalisation and tariff refunds boost margins
Swiss bank Julius Baer more than doubles first-half profits
The Zurich-based wealth manager maintains strong yachting sector ties through UHNWI services and event sponsorships including Yacht Club de Monaco
Floating Life strengthens collaboration with Sunreef Yachts
Exclusive event held in Zurich to promote the Polish multihull builder
Next Yacht Group acquires metal fabrication specialist
The deal, backed by a €20m investment plan, will expand production capacity for Maiora and AB Yachts’ metal superyacht lines across facilities in La Spezia and Pisa
Azimut-Benetti Group denies interest in buying TISG
The Italian builder has clarified it is not interested in acquiring The Italian Sea Group, though it remains open to considering specific assets
Nautic Center co-founder Marta Espígol dies
Spanish marine industry figure remembered for her contribution to the development of the country’s nautical sector
Seven Yachts hires charter director to drive EU expansion
Jochem Eenkhoorn joins the UAE-based company to expand its global reach and enhance its client-focused luxury yacht charter services
Regal Boats appoints Washington State dealer
Union Marine will represent the builder’s Express Cruiser and Yacht ranges
Balance Catamarans launches final 442 to make way for new model
Onda is the last of the 442 line, which produced 30 hulls but now makes way for the Balance 464
Mitie Group agrees £3.1bn acquisition by OCS Group International
The UK company manages marina facilities, port security and provides superyacht concierge services
Business as usual for Dubai-based superyacht refit firm
IBI’s Middle East correspondent visits Autore, a specialist in superyacht refit and repair
RAD Propulsion expands in North America with US sales appointment
Marine propulsion specialist names Sean Wilson as US sales manager as it continues to build its commercial presence in the world’s largest leisure marine market
EBI energy transition roadmap has coastal, inland marinas in its sights
Europe’s marinas face major infrastructure upgrades to support the shift to zero-emission recreational boating
Alaskan community launches 27-vessel clean-up
The BoatUS-funded initiative will remove boats from waters surrounding Annette Islands Reserve
Former British Marine president, ICOMIA vice chairman dies
David Lewin remembered for more than four decades of service to the leisure marine sector
Cruisers Yachts grows Mexican dealer network
Wisconsin-based boat builder appoints new retail partner in Mexico, with the first customer deliveries already completed
Lumitec achieves ISO 9001:2015 certification
Florida-based marine lighting manufacturer say milestone reinforces its quality management credentials as it expands its international business
MB92 explores intelligent refit technologies in new report
Technology should support human expertise and align with data and artificial intelligence
Paris show on track for November
The Fédération des Industries Nautiques revived and relocated the historic Paris Nautic exhibition last year, first held at the Grand Palais in 1926
Northrop & Johnson broker dies after 50-year career in yachting
Bob Leslie has passed away at the age of 81
TISG CEO Giovanni Costantino steps down amid company challenges
The departure leaves The Italian Sea Group facing mounting uncertainty, with the luxury yacht maker now requiring a new board to guide its future direction
Turkish shipyard ends partnership with Nordhavn Yachts after 55 builds
The partnership ended amicably due to rising production costs
Leadership change at World Cat
COO Vann Knight named president of US fibreglass boat builder
VMG unveils details of first 16m trimaran
The New York-based startup has revealed further details of its first model, the VMG 53, ahead of its planned January 2027 debut
Croatian dealer opens Monaco office to expand Mediterranean presence
Navis Marine has established an international sales and brokerage hub at Port Hercule
Petition targets Starlink’s new international roam restrictions
Online petition garners hundreds of signatories within hours of being launched
Investors confirmed for Smart & Sustainable Marina Innovation Awards
Applications for startups and scaleups close on 22 July
Former Wellcraft president, Marine Concepts founder dies
Bob Long passed away last week at the age of 86
Bluegame unveils new BG64 model ahead of Cannes debut
The 64ft yacht brings together design elements from the company’s larger models with the hull platform of the BGX63, marking the first major product launch under new CEO Gianguido Girotti
Aquavista appoints chief operating officer
Mark Brooke joins the UK marina operator to oversee operations across its 33-marina network
Fountaine Pajot launches new brokerage brand
The French catamaran builder has entered the pre-owned yacht market with the introduction of Vélite, an international brokerage network supported by Nextsail
Freedom Boat Club expands in France
New locations in Sète and Gruissan strengthen brand presence on Mediterranean coast
Fairline strengthens European sales network with key dealer appointments
UK builder appoints new dealers in Turkey and Norway
Groupe Beneteau launches dedicated marine finance programme in Australia
The new customer finance initiative, developed with Australian lender MitchCap, will be offered through participating dealer network
First Pershing GTX90 launched as new Sport Utility Yacht expands GTX range
The new 27.97m model combines Pershing’s sporty DNA with enhanced comfort, liveability and on-board space
Volvo Group reports higher Q2 sales and earnings
Volvo Penta Q2 order intake up 13% as overall profitability grows for Swedish engine builder
Interview: Cannes Yachting Festival director on growth, innovation and managing demand
Constance Brément discusses the event’s evolution, expansion plans, sustainability initiatives and why exhibitor demand is now outstripping available space
French lawmakers propose ban on superyachts over 50m
The private member’s bill would prohibit large recreational yachts from using French ports and territorial waters
Vision Marine posts 27% sequential revenue growth
The electric propulsion and boat retail group has reported sales of US$48.6m for the first nine months of fiscal 2026
Vitters achieves fossil-free superyacht breakthrough with Yacht Zero launch
The 69m ketch is said to be the first of her size to run solely on renewable energy without compromising comfort or range
Major German contract fuels Marine Alutech’s growth
The order is one of the largest in the company’s history
Women in Marine returns to Southampton show with focus on career opportunities
The British Marine event will bring together female professionals from across manufacturing, superyachts, brokerage and marine law to highlight the range of careers available in the sector
People on the Move this Week
New appointments at C&N, CdM, Feadship and more
Hydro Tec names new executive vice president
Myriam Cutolo has been appointed to the newly created role as the Italian naval design firm strengthens its management structure
Brunswick Corp wins eight dotCOMM Awards for online marketing
US builder receives worldwide recognition for its online marketing efforts
Former NMMA staffers join Boats Group for Industry Relations roles
Alisdair Martin and Freya Olsen bring decades of combined experience with the NMMA, MRAA, and leading marine businesses.
Tureddi Yachts appoints UK and Ireland sales director
Richard Cottrell to lead Italian builder’s commercial activities across the UK and Ireland
Sailfish Boats expands dealer network with five new partners
US builder strengthens availability of its inshore and offshore fishing boats
Dan-Bunkering sponsors 2026 African Boating Conference
The marine fuel supplier backs the Cape Town event as it steps up its support for Africa’s growing superyacht sector
Nauta refreshes 40m Abeking & Rasmussen sailing yacht
The company has refreshed the interior of 4K, updating finishes, furnishings and décor before its sale for €8.5m
New Wire Marine expands manufacturing facility
US marine electrical systems manufacturer invests US$2m to increase production capacity and create new jobs
Whisper Marine acquires Crownline Boats
US pontoon boat manufacturer expands into the sport, deck and cruiser segments with the acquisition of one of America’s longest-established recreational boat brands
Dometic Q2 marine business grows despite softer US market
Second-quarter marine sales rose 3% organically as aftermarket demand offset weaker OEM activity, as higher costs and West Marine bankruptcy weigh on group earnings
Finnmaster expands dealer network with five international appointments
New dealer partners in Egypt, Finland, Latvia, Lithuania and South Korea for the Grandezza, Finnmaster and Husky Boat brands
Numarine strengthens global sales team
Turkish builder appoints Bogdan Gusarev for Europe and CIS, expands Salih Küçükoğlu’s role to include Turkey with MENA and APAC
Informa Markets hires Italian representative to expand US boat show access
Cristina Fonzar will support Italian exhibitors and business development across Informa’s portfolio of US shows
ExploMar-powered XNRG defends Monaco Endurance title in Force 4 conditions
The XNRG 8.3m RIB equipped with ExploMar’s WAVE 300 electric outboard successfully defended its 16Nm Endurance Championship at the 2026 Monaco Energy Boat Challenge
Ocean Power Technologies demonstrates autonomous offshore drone charging
OPT deployed PowerBuoys with Rutgers University to replace a cable-based monitoring system, providing offshore power and communications without permanent infrastructure
Wisconsin marina sold for US$5.8m
The Connecticut-based Grove Point Marinas has acquired Southport Marina in Kenosha, according to Wisconsin state records
Feadship strengthens Royal Van Lent sales team
The Dutch superyacht builder appoints Robert Drontmann and promotes Xavier Soubeyran as it expands its client-facing commercial team
Malibu Boats refinances credit facility through 2031
New term loan capacity of US$100m and a US$250m revolving facility replace the existing credit line in a refinancing with Truist Bank
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