All News articles – Page 19
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Italian shipbuilder enters luxury market with new chase boat brand
The MED Group’s TYKUN collection comprises three models from 8.5m-12.5m
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EU cracks down on biodiesel fraud amid rising concerns over fake green fuels
Two suspects have been arrested for allegedly importing €60m worth of biodiesel from the US and falsely claiming it came from another country
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Ullman Sails CEO to speak at African Boating Conference
Michael England will discuss how local innovation and global partnerships are influencing Africa’s role in the sailing industry
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Steyr Motors reports strong first half; reaffirms 2025 guidance
Order backlog reaches new record high of over €300m
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Littelfuse Q2 revenues climb 9.8%
Higher revenues and profits define second quarter that exceeded expectations for US electrical equipment manufacturer
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People on the Move this Week
New appointments at Axopar, IBEX, Palm Beach Motor Yachts and more
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Ferretti Group reports solid H1 2025 results with revenue and EBITDA growth amid market volatility
Ferretti S.p.A. posts €620.4 million in net revenue from new yachts (+1.5% YoY) and a 2.5% increase in adjusted EBITDA to €99.1 million, with margin expansion. Strong cash generation drives €47 million improvement in net financial position, as the Group reaffirms its full-year guidance.
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OneWater outperforms industry, raises revenue guidance
US retail dealer chain continued to win business and grow market share in fiscal Q3
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Myers Q2 revenues dip 4.8%
Softer end markets lead to revenue, profit decreases for US fuel tank manufacturer
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Dutch systems integrator’s Spanish debut delivers strong results
Alewijnse has marked a successful first year in Spain, exceeding expectations
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IBEX appoints director of marketing and communications
Kate Donadio most recently served as marketing manager for Suzuki Marine USA
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Voyage Yachts launches first Voyage 510 in Cape Town
New blue water catamaran to have its debut at the 2025 Annapolis Boat Show
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Koç Holding expands marina portfolio with $160m acquisition
Turkish group to take over two prominent marinas in Göcek
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Spanish marina awarded Blue Wake Badge from Monaco Yacht Club
The recognition is in honour of Marina Ibiza’s implementation of the Bio-box system
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Record Q2 revenues for Garmin
US tech firm reports double-digit growth in every operating segment, with marine up 10% YoY to $299m
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Sanlorenzo Asia Pacific strengthens Thai presence
Sanlorenzo Thailand is the result of a partnership with Thai entrepreneur Vrit Yongsakul
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Leadership change at Axopar Boats
Finnish builder appoints new CEO as part of its broader long-term strategy
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MasterCraft partners with Hagadone Marine Center
Towboat builder strengthens presence in the northwest US