Latest News
Former Duracell CEO takes helm at Ferretti Group
Stassi Anastassov has been appointed chief executive officer of the Italian builder following today’s AGM
Tough year for Honda
Automobile, motorcycle and outboard engine builder reports first-ever financial loss as weak EV market drags down earnings
Malibu Boats CEO Steve Menneto to share insider perspective on US market dynamics at IBI Summit
Fresh from landmark European acquisition, industry leader will discuss shifting consumer trends and opportunities for international brands
Off The Hook Yachts sees record FQ1
OTH joins the handful of US marine companies which saw better-than-expected performance at the start of calendar 2026
Mediterranean Yacht Show sees record turnout as Greek charter market gains momentum
Greece’s premier charter yacht event reported strong attendance and berthing demand at its 11th edition earlier this month
Azimut CCO outlines Asian strategy at Singapore Yachting Festival
Enrico Chiaussa, chief commercial officer EMEA-APAC at Azimut Yachts, talks to IBI about navigating Asia’s evolving luxury yacht market
Yachts damaged as wind wreaks havoc in South Africa’s ‘Cape of Storms’
Extreme weather damages yachts and marina infrastructure at multiple sites
Halyard strengthens distribution network with C.Quip partnership
Marine equipment specialist appoints C.Quip to expand access to selected products across leisure and commercial sectors
Lomac unveils new Turismo 8.5
Italian RIB builder completes Turismo range with new vessel ahead of its official debut at the Genoa Boat Show 2026
Highfield expands beyond aluminium tenders with fibreglass ADV line
CEO Paul Blanc outlines the Chinese-French RIB manufacturer’s growth strategy
Ferretti Group shareholders back Weichai, ending Galassi’s 12-year tenure
Directors Piero Ferrari, Stefano Domenicali resign
Suzuki reports record revenues despite lower profits
Revenues climb to record ¥6,293bn, while operating profits sink to ¥622.9bn as higher raw material costs weigh on earnings
Swisspath, TAG Yachting merge to form integrated services group
New Swisspath TAG Yachting business combines sales, charter, management and ownership support across the European superyacht market
Bering Yachts launches first hull of aluminium explorer catamaran BC60
The first hull of the catamaran has been launched in Antalya, marking a new addition to the long-range expedition yacht sector
Grand Pavois La Rochelle renews partnership with China yacht exhibition
The 2026 Aranya-Westport International Yacht Exhibition will return across two venues in Qinhuangdao as organisers seek to establish the event as a leading boating showcase for northern China
Twin Vee revenues up as losses mount
US boat builder reports Q1 net loss of US$2.0m despite 10% revenue increase
Flexiteek International buys Danish distributor
The synthetic decking manufacturer has acquired Flexiteek Denmark
Kinetic Catamarans begins tooling for new K6 model
The SA yard has also upgraded its facility to accommodate a busy production schedule
AquaAmp names Italian distribution partner
US waterproof charging manufacturer selects Indemar for OEM and aftermarket sales
Republic of Singapore Yacht Club marks 200-year milestone
The expansion of the marina has resulted in increased berthing occupancy, with 90% of berth holders being Singaporean nationals
Vision Marine to unlock $5m in liquidity through Florida property sale
The electric propulsion specialist expects the transaction to generate non-dilutive cash while reducing annual operating costs by $1.2m
Confindustria Nautica: Global boat building market reached €33.3bn in 2025 despite slowdown
Italy continued to outperform the wider market, with growth in the superyacht sector helping the country strengthen its global leadership position
MarineMax sees hope on the horizon despite market conditions
The mega global dealer, marina and yacht services operator identifies encouraging signs for the remainder of 2026, though recovery may hinge on consumer confidence
Acquera Yachting expands Malta operations through joint venture
Italian superyacht service provider partners with local logistics firm, appointing Karl Naudi and Mario Micallef to lead expanded Mediterranean operations
7th TYBA Yacht Charter Show returns to Marmaris after 45 years
The first official show took place in 1981, with TYBA organising the event since 2018
ZeroUSV takes stake in UK shipyard to boost autonomous vessel production
The company has become a shareholder in Portland-based Manor Marine, securing dedicated production capacity for its Oceanus uncrewed surface vessels
South African draft dam regulations threaten inland boating sector
New draft regulations for government waterworks, introduced earlier this year, have sparked significant backlash from civil society groups
Volvo Penta unveils new D13 IPS Hybrid yacht propulsion system
The Swedish power solutions manufacturer set to take a significant step towards its goal of producing fully electric propulsion systems by releasing a 700hp-1000hp (515kW-735kW) parallel hybrid propulsion system later this year
Hutchwilco NZ Boat Show opens this week for 70th anniversary edition
The annual marine industry event returns to Auckland Showgrounds from 14-17 May
Myers Industries reports solid Q1
Gains in net revenues, gross profit, adjusted operating income underscore strong start to 2026 fiscal for US plastics manufacturer
Freedom Boat Club buys out largest franchise operation
The franchise includes 21 locations, a maintenance centre and a retail boat dealership
MasterCraft Q3 revenues up 3%
Revenues, profits increase for US boat builder leading to guidance upgrade
BoatClick delivers AI-powered ‘Intelligence Core’ to Outer Reef 990 MY
The move marks the first integration of AI and Digital Twin technology in the long-range cruising sector
Flexiteek joins African Boating Conference 2026 as official sponsor
The partnership reflects growing international interest in Africa’s marine sector as the continent strengthens its position in global boating and superyacht services
British Marine appoints non-executive directors to strengthen Board expertise
The two appoinments are made as the organisation continues to focus on membership growth and commercial development
Yamaha Motor named exclusive partner for new Nordic boat brand
STATT will be introduced to the Nordic region during 2026
Leading CEOs confirmed for IBI Summit 2026: Groupe Beneteau’s Bruno Thivoyon among growing executive lineup
Leading CEOs from across the global marine industry will gather at the upcoming IBI Summit to address the sector’s most pressing challenges and opportunities
XO Boats expands distribution with US and Italy partnerships
The Finnish builder is strengthening its international distribution network with new partners in the United States and Italy as it looks to broaden its presence in key recreational boating markets
boot Düsseldorf 2027 exhibitor registration opens
Messe Düsseldorf has opened exhibitor registration for the event, with water sports sectors able to sign up from May ahead of the show’s return from 23-31 January next year
Viking urges industry input on NOAA Right Whale speed rule review
US builder calls on marine stakeholders to submit public comments by June 2 deadline
Last chance to register for ABYC/USCG risk mitigation webinar
Free virtual event will address risk mitigation for eFoils, defect notification policy, ABYC standards updates, factory visits and advanced driver-assistance systems
Nimbus Group revives heritage naming structure
The Swedish builder is reintroducing classic product names as part of a wider strategy to simplify customer choice across its Nimbus model range
Bulgarian builder plans IPO, opens new production facility
The company aims to raise €3m through a stock market listing to support production expansion, product development and international growth
Vision Marine to trade on TSX Venture Exchange
New listing expected to support capital markets growth strategy for Canadian tech firm
New solar-electric catamaran builder forms in Germany
The company’s first 60ft solar-electric cat will debut at Cannes in September
Ancasta boosts UK brokerage team with Hamble appointment
Yacht specialist strengthens offshore sailing expertise as Harry Lightfoot joins Hamble office and takes on Contest Yachts brand role
Lyman-Morse composites facility approaches completion
US boat builder’s new 15,000ft² composites fabrication and assembly plant on track to open in late summer 2026
Benetti to open Livorno yard to design students for World Boating Day initiative
Italian superyacht builder launches “Connecting Excellences” project and future deck design contest in partnership with leading design academies
Malibu Boats beats FQ3 expectations and lifts fiscal 2026 outlook
Driven by the acquisition of Saxdor Yachts and a favourable product mix, Malibu Boats has raised its full-year guidance despite declines in profit and unit volume
Brabus Marine announces all-new Shadow 38 range
The next generation of 38ft performance boats from Brabus Marine will debut at the Cannes Yachting Festival in September
Hubbell to acquire NSI Industries for US$3.0bn
Acquisition of electrical fittings, connectors and wire management products manufacturer to drive vertical integration
Frigomar opens new Italian production facility
The 7,100m² site in Casarza Ligure will boost HVAC manufacturing capacity
Smartgyro grows North American reach through ComMar partnership
The Italian stabilisation specialist has restructured its US sales channels
SABBEX welcomes new state funding to help promote ‘brand SA’
The South African Boat Builders Export Council will expand its support for the local boat building industry following a new funding injection
RMG expands Southern Europe presence with Nauta Dock dealership
The partnership strengthens Revolution Marine Group’s regional footprint in Spain and Andorra with full Oceanwalker range representation
People on the Move this Week
New appointments at Lookout, Maritime Solent, MasterCraft and more
IBI Summit 2026: Navigating M&A opportunities in a transforming boating industry
As global economic headwinds reshape the leisure marine landscape, industry leaders gather to explore consolidation strategies, growth opportunities, and the future of M&A in boating
More Yachts completes restructuring under new ownership
Davor Paić acquires Croatian shipyard, with company citing improved financial stability following strategic changes
ExploMar opens first international electric boat experience centre in Bangkok
Chinese electric outboard manufacturer launches Thailand facility through dealer Thai Maritec, offering on-water trials and technical demonstrations
MasterCraft names new GM for Crest and Balise pontoon brands
Chip Gerlach takes on general manager role; Mike O’Connell transitions to senior VP of operational excellence
Teignbridge Propellers announces senior leadership transition
UK propulsion specialist appoints Mark Phare as group managing director in planned succession move
LinkedIn
X / Twitter
Facebook
Email us
