Sector News – Page 3
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NewsVoyage Yachts eyes private cruising segment with 510 Owners Version
SA builder charts new course as it looks to grow in private as well as charter sector
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NewsSouthern Pacific enters electric jet market
New segment entry seen as growth opportunity for Kiwi RIB builder
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NewsAquila expands global dealer network for new sailing range
Catamaran builder appoints eight new partners across the US, Europe and Asia following launch of the Aquila 50 Sail
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NewsHistoric EU Industrial Maritime Strategy backs Europe’s leadership in recreational boating
Strategy focuses on clean technologies, circular economy solutions, and nautical tourism, with EBI committed to driving its implementation
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NewsSuzuki acquires battery business
Acquisition of all-solid-state lithium-ion battery business from Kanadevia Corporation expected to support electric propulsion system development
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NewsMiddle East Update - Industry strives to adapt
As day five of the ongoing conflict in the Middle East unravels, IBI’s Middle East correspondent provides an update from two key Industry sources in the United Arab Emirates.
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NewsTwin Vee revenues up but losses continue
Cost reduction initiatives improving the bottom line, but profitability continues to elude US boat builder
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News90-day comment period on Right Whale Vessel Speed Rule opens
Stakeholders have until June 2, 2026, to provide input on the proposal, which seeks to balance conservation with economic and industry concerns
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NewsMarineMax shareholders give McGill a vote of confidence
Shareholders of the global marine retailer and service provider, reaffirm their support for CEO William Brett McGill at the company’s Annual Meeting, reelecting him and two directors to three-year terms despite a takeover bid
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NewsWeichai boosts stake in Ferretti Group
Weichai Shandong Heavy Industry Group has raised its stake in Ferretti S.p.A to 39.05% through a share acquisition on the Hong Kong Stock Exchange,
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NewsCape Town yacht exports soar, but 2025 faces tariff and port challenges
Cape Town’s yacht exports grew 19% annually from 2019 to 2024, but 2025 faces declines due to US tariffs and port constraints
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NewsIGY Marinas renews management agreement for St. Katharine Docks
US-based IGY Marinas to continue management, marketing of iconic London facility
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NewsMalibu unveils strategic vision behind Saxdor deal
Malibu Boats to expand its market presence, leverage international manufacturing, and fill strategic product gaps
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NewsPreliminary 2025 US sales data down, 2026 starts weak
Preliminary US recreational new boat sales figures for 2025 show across the board declines in units with the exceptions of aluminum fishing boats and PWC, and the January 2026 figures paint a bleak start to the year
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NewsFlux Marine shifts strategy focus to commercial growth
Appointment of former Mercury exec Gary Lancina to advisory board seen as pivotal to achieving revenue growth targets
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NewsGlobeSailor expands Mediterranean charter options with new bases
Yacht charter specialist adds new bases in Albania, Italy, and Malta
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NewsNavigating the future: ICOMIA, EBI and industry leaders discuss market trends, costs, and sustainability in Bosphorus Boat Show panel
During the Bosphorus Boat Show, held in Istanbul between 21-28 February, the panel “Growth in the Yachting Sector and the Effects of Regulatory Frameworks” brought together leading international and Turkish industry representatives to evaluate the sector’s post-pandemic trajectory.
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NewsSunseeker names new CEO
Andrés Rubio takes helm following yesterday’s announcement of new ownership
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NewsTingdene Group announces new CEO
Ian Collier will transition to the role of Group Executive Chair









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