Sector News – Page 4
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NewsDF Capital reports record-breaking 2025 performance
The UK bank has delivered its best financial results to date, achieving double-digit growth in lending, revenue, and profitability
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NewsLalizas opens Philippines branch
Marine safety equipment specialist expands commercial presence in SE Asia
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NewsMajor fire at Turkish marina leads to sinking of seven yachts
The estimated cost of the lost and damaged vessels exceeds $100m
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NewsSuzuki GB and Republic of Ireland announces managing director transition
Takanori Suzuki to retire after his second term in the UK and Ireland business, with Kazuyuki Yamashita joining from Suzuki Deutschland
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NewsWindy Scandinavia appoints official Australian dealership
Haines Yacht Sales aims to establish Windy as a key player in the premium boat market
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NewsColombian industry body joins ICOMIA
Asonautica’s membership marks an important milestone for Colombia’s nautical sector
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NewsVessev enters Australian market
New Zealand foiling catamaran manufacturer announced sale of multiple units to western Australia tourism operator as firm looks to build distribution footprint
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NewsKorea International Boat Show showcases resilience and growth
The 19th Korea International Boat Show, supported by the Ministry of Oceans and Fisheries and the Gyeonggi Provincial Government, highlighted the strength of Korea’s boating industry amidst challenging market conditions
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NewsSeaview appoints new rep group
TCM Sales to represent full Seaview product line in western North America
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NewsOff the Hook Yachts buys property to develop presence on Chesapeake Bay
New facility will serve as the brand’s Mid-Atlantic operational hub in key boating area
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NewsTurquoise Yachts appoints Thom Conboy as Americas representative
Industry veteran to support sales and after-sales activity across Western Hemisphere as builder targets regional growth
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NewsBaltic Yachts strengthens Americas presence with Gordon Kay appointment
Miami-based sales lead to support custom yacht projects across performance and cruising segments as new builds progress
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NewsVision Marine reports 446% rise in electric boat sales under contract
Signed sales reached US$1.12m in the first part of the 2026 model year as the company ramps up deployment across multiple electric boat platforms
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NewsBeneteau general manager to step down in June after challenging year
Full-year 2025 results confirm soft market but forward orders suggest possible growth in 2026
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NewsSuntex and Windward Marina Group merge marina portfolios
New joint venture adds 13 locations and more than 3,000 slips to Suntex banner
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NewsBrunswick Boat Group partners with video game developer Voldex
Appearance of Brunswick boat brands in popular Roblox video game seen as novel way to grow brand awareness among young consumers
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NewsSouthern Spars appoints head of research and development
Uli Sommerlatt is a qualified naval architect with a professional background in marine and watersports
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NewsAquila names exclusive sailboat dealer in Australia and NZ
The partnership will launch with the regional debut of the 50 Sail at SCIBS
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NewsFrench Electric Boat Association elects new president
Leadership change comes as industry focuses on electrification, regulation and market development across leisure and professional segments
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NewsSwedish sailboat producer enters Asian market
Linjett Yachts has formed an exclusive partnership with Caicraft Ltd for Japan, South Korea and Taiwan
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