Latest News
After global job cuts, AkzoNobel starts portfolio review in South Asia
The move comes two weeks after the Dutch firm announced plans to shed 2,000 jobs
ICOMIA, EBI launch International Standard Charter Terms and Conditions
The move can be seen as a continuation of Yacht-Pool’s Faircharter Contract
Australian industry association acquires Marine Jobs
The BIA’s entire skills and jobs program will now come under the Marine Jobs heading
Pendennis Shipyard reports good FY2023 performance
Revenue and profit for the year increase
Ibiza JoySail announces dates for 2025
Organising committee confirms registration will open in January
Sialia Yachts appoints North American dealer
Yacht Sales International to represent the Polish brand in the USA
Sunseeker opens new showroom in Dubai
UK builder’s new flagship facility in the Middle East cements presence in the region
SA government mulls Starlink policy change
South Africa’s National Sea Rescue Institute says Starlink could save lives
Suzuki Marine USA strengthens Tampa, Florida team
Internal promotions and new hires help company prepare for growth
Florida dealers, marinas, boaters brace for second hurricane in as many weeks
Hurricane Milton is expected to reach Category 5 status by the time it makes landfall late tonight or early Thursday morning
Malibu settles with Tommy’s trustee for US$3.5m
US builder aims to move beyond the litigation and continue its focus on manufacturing activities
Lineup for 2024 METSTRADE Start-Up Pavilion revealed
Yachting Ventures names 15 innovative startups exhibiting at this year’s event
UK builder secures £1.88m to double manufacturing capacity
The Good Growth investment will significantly contribute to the Cornish firm’s £2.9m project to expand operations
Dutch Super Yacht Tech Campus on track, hailing new age in sector
Larendael Development hopes to inaugurate its campus in late 2025 or early 2026
Italian superyacht builder welcomes new shareholders
The new partners enter the company’s shareholding structure with 30% of shares
ABYC opens registration for 2025 Standards Week
Annual event updates small craft standards mixed with industry networking opportunities
IMO makes further advances on reducing marine emissions
Progress on reaching binding global regulations on IMO net-zero framework to cut GHGs
Sunreef, Brabus to jointly develop new catamaran range
The new line will be based on the Sunreef Ultima 55, set for release in 2025
Tests planned for Russia’s first hydrogen-powered vessel
The 12-passenger recreational boat will undergo sea trials later this month
Balance Catamarans broadens range with two new models
The ‘carbon core’ Balance 502 and Balance 464 were prompted by a growing demand for hybrid diesel-electric catamarans
Watchit, Actisense collaborate on new Smart Collision Prevention System
The industry startup is using Actisense’s NGT-1 NMEA 2000 PC interface to make boating safer through better data
Expedition Zero opens seed funding round
Individuals are invited to become ambassadors of net-zero yachting
Is the US Presidential election impacting the global economy?
Business never operates well in unpredictable environments, NMMA president tells IBI
Webasto ushers in new era of roof and aircon technology for boats
The HVAC specialist will present a number of new innovations at METSTRADE
US teak deck supplier expands portfolio with NuTeak XT
ICA Group’s latest addition to the NuTeak family is even closer to real teak, company says
MTI sold to employees
US performance boat builder now 100% employee-owned through new stock ownership plan as founder prepares for retirement
Dutch SY yard introduces resale initiative for owners
Feadship Resale follows numerous requests from owners looking to sell their yachts
Italian superyacht builders launch new models, concepts
Baglietto held two world premieres at the recent Monaco Yacht Show; Mangusta introduced its Oceano 52 concept
Brazil’s 9th Nautical Congress unveils economic impact of marine tourism
Last month’s event was held as part of the 2024 São Paulo Boat Show
Patrick Industries to offer US$500m of senior notes
Net proceeds will be used to redeem US$300m of 7.5% Senior Notes due 2027, repay a portion of its borrowings, and cover fees and expenses
Italy to host new B2B trade fair for sustainable innovation
MIT.EQ (Marine Innovation Technology Equipment Expo) will be held in Rimini in March
New Bali marina to position Indonesia as maritime hub
The marina should become operational in late in 2025
Wescom names new head of sales, electronics
Jack Sharland will be responsible for driving growth in the Electronics division
Vision Marine gets extension to comply with Nasdaq listing requirements
Beleaguered firm also announces second reverse stock split
Prestige expands Asia-Pacific footprint with new South Korean dealer
Hyundai Yachts will represent the Italian brand in the Republic of Korea
Polish builder expands model range, considers own facilities
Cormorant Yachts may build its own shipyard in the future
UAE to be major investor in new Egyptian coastal megaproject
Master plan for Ras El Hekma includes five marinas
TEMO forms US subsidiary to accelerate brand in North America
The opening of TEMO USA will make it easier to supply the dealer network
SA boatbuilding mourns loss of pioneering yard owner
Fuad Jacobs set up a black-owned yard at the height of Apartheid
Cancun cancelled, could return as Latin American show with heavier B2B component
The 2024 Cancun International Boat Show was due to be held in December
Sunseeker London sees increased turnover but profits reduced
UK broker says turbulent operating environment in 2023 has strengthened its commitment to long-term objectives
Record attendance at 27th São Paulo show
Brazil’s leading nautical event attracted an audience of around 40,000 people
French design firm advances catamaran project
Finot-Conq Architectes is turning its focus to the booming multihull segment
Ineos Britannia win
Ben Ainslie’s team have won the Luis Vuitton Challenger Cup by 7-4 against Luna Rossa Prada Pirelli
US tariffs hurting Chinese exporters
But it’s becoming part of the business landscape, exhibitors told IBI at IBEX
Longshoreman’s strike suspended, a relief to industry and US economy
Three-day work stoppage finally comes to an end
Astondoa expands dealer network
Jonacor Yachts will promote the Spanish yacht brand in the UAE, Cyprus and to Russian-speaking clients
New show director ‘thrilled’ with first IBEX
Mary Velline shares her initial impressions with IBI as the show wound down on Thursday
Northern Marine launches new refit division
The US builder will service yachts from its yard in Anacortes, Washington
IBEX – what we learned
Optimism and confidence defy a tough market at North America’s largest boat industry trade event
First-ever C-MAP charts of SA coastline a “marine milestone”
The marine charts were specifically designed for the South African coastline
New deconstruction centre for end-of-life boats to open in Brittany
This marks the fourth dedicated centre for recycling end-of-life pleasure boats to launch in France this year
People on the Move this Week
New appointments at SAMSA, Vanquish, YYachts and more
Klipsch partners with West Marine Pro
Collaboration will see the Klipsch audio brand available for retail purchase
Rolly Tasker Sails sold to German yachtsman
Sven Cornelius takes ownership of Thai-based sail loft
Ineos Britannia edge ahead to 6-4 in challenging conditions
Our man on the ground, Paul Strzelecki, reflects on the last few days of racing as the Louis-Vuitton Cup comes to a head
Typhoon International makes key promotion
Ben Willis appointed head of leisure and commercial (UK & IE) sales
Highfield US grows dealer network
RIB manufacturer adds four new dealerships in US northeast and Midwest markets
Chartwell Marine expands into APAC
Fabien Lecuona will spearhead UK design firm’s growth across the region
D-Marin to operate new Med-inspired marina in Dubai
When completed, Port De La Mer will have 160 berths for yachts of up to 80m
MCA shows 3D printing capabilities at IBEX
Innovative technology said to streamline production, boost precision and expand market reach