Sector News – Page 10
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NewsTemo’s Vannes facility destroyed by fire
The electric boat motor manufacturer says operations have been suspended at the site while it works to maintain business continuity
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NewsDeclining revenue, lawsuits lead FB Marine Group to file for bankruptcy protection
The Florida-based marine retailer and boat dealer reports US$1.7m in assets and US$2.6m in liabilities in bankruptcy petition
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NewsAncasta expands European network with new offices
The yacht brokerage and dealership group opens offices in Amsterdam and Montenegro as it targets growth in northern Europe and the Adriatic
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NewsTISG launches formal investor search amid restructuring
Multiple potential investors have expressed interest in acquiring the troubled superyacht builder
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NewsQ2 profits climb for Lippert Components despite lower revenues
Effective cost controls lead to higher earnings for US equipment manufacturer as it prepares to merge with competitor Patrick Industries
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NewsBlackstone acquires MarineMax in US$1.5bn all-cash deal
The agreement ends the months-long bidding war between Blackstone and investment groups Donerail and Centerbridge
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NewsInterboot appoints first female project manager
Zuzanna Sroda is taking over as head of Germany’s oldest water sports show
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NewsShadow-Caster hires EMEA sales manager
Ex-Lumishore sales lead Gina Tilsley joins marine LED lighting manufacturer to expand EMEA distributor and OEM networks
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NewsPresident of Dominica prioritises marine tourism with plans for new marina
The proposed marina at Portsmouth will help expand Dominica’s marine tourism sector, attract more visiting yachts and support wider economic growth as part of the island’s blue economy strategy
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NewsSpanish recreational boating market grows 6.8% in first seven months of 2026
Spain records 3,934 registrations as larger boats and charter activity drive continued market growth
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NewsGulf Craft introduces latest version of the Nomad 70
The updated explorer yacht features refreshed styling, redesigned interiors and extended cruising capability
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NewsUS ambassador backs South African boat building during Robertson & Caine tour
Brent Bozell praises Robertson & Caine during Cape Town visit highlighting bilateral marine trade
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NewsAustralia’s largest off-water boat show wraps up successful four-day run
Thousands attended Sydney Boat Show as exhibitors reported strong sales, quality leads and growing consumer confidence
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NewsDe Wave invests €10m in new facility as group targets further growth
The marine interiors specialist will consolidate four Monfalcone operations at the new site and plans to hire 150 employees over the next two years
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NewsManoel Island marina to remain as Transport Malta prepares new concession
Maltese government confirms yacht marina and yacht yard will be retained following the end of the wider MIDI concession
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NewsPolish RIB producer shifts production to fishing craft amid booming demand
Cavo Marine is planning to broaden its portfolio of craft for fishing enthusiasts next year
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NewsGetting noticed in the DAME Design Awards 2026
The awards at Metstrade offer exhibitors the opportunity to showcase their latest products to an international audience of marine industry professionals. With strong competition across every category, these 10 pointers will help you create an entry that clearly communicates the design strengths and commercial potential of your product
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NewsSirena Yachts USA undergoes leadership transition
The former US operations chief moves into an advisory role as a new leader takes charge of the company’s North American growth strategy
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NewsOlympic Yacht Show 2026 attracts interest from more than 100 yachts
Early exhibitor demand points to continued growth for the Greek in-water show, which returns to Olympic Marine in October
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NewsNew leadership breathes new life into Royal Balk Shipyard
With new Dutch ownership, Royal Balk Shipyard is building on more than two centuries of heritage to grow its specialist refit and recraft business
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