Sector News – Page 9
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NewsTwin Vee completes public offering, raises $3m in funding
Proceeds to support working capital and general corporate purposes
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NewsBalance marks end of an era with launch of final 526 in Cape St Francis
Black Rose is the 34th and final Balance 526 to be launched, as the company transitions to the new Balance 540, produced by Nexus Yachts in Cape St Francis
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NewsScania New Zealand acquires South Pacific Diesel Systems
The move strengthens Scania’s presence and customer support in New Zealand
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NewsScanstrut wins iF Design Award 2026 for Ventura Series
The UK firm’s compact utility sockets impressed judges with their innovative design, robust engineering, and seamless integration across marine and automotive sectors
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NewsArchipelago Yachts opens new Isle of Wight shipyard
New facility to allow production of up to four yachts simultaneously while introducing next-generation manufacturing processes
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NewsJD.com founder launches new independent yacht brand in China
Sea Expandary was founded by Liu Qiangdong, owner of China’s largest online retailer
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NewsIkonic Yachts partners with Lekker to bring high-performance dayboats to the US
Agreement supports Dutch builder’s formal entry into the United States
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NewsExtra Yachts unveils new concept as debut model in fresh lineup
The 21m Extra X70 Shadow offers innovative versatility
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NewsOff The Hook Yachts to acquire Apex Marine
Transaction will add four South Florida facilities and expand service, refurbishment and sales capabilities
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NewsNew leadership announced for Norboat
Senior advisor Thomas Bjønness steps into the role of CEO, succeeding Magnus Ryhjell
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NewsPerformance Sailcraft team launches new fintech platform
The manufacturer-backed initiative aims to reduce financial barriers in dinghy sailing
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NewsAmaala Yacht Club, We Are Foiling partner to establish Amaala as a global foiling hub
The collaboration aims to unite elite sport, innovation, and destination development
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NewsDonerail issues second letter to shareholders, MarineMax responds
The move follows Levin Capital Strategies’ call last week for MarineMax to review strategic alternatives after the Donerail offer
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NewsFrench cat builder outlines ambitious five-year growth plan
Catana announces more models, more capacity, and more markets in a bid to double sales
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NewsFerretti Group reports strong performance, 2025 guidance fully met
Order intake for FY2025 was €1,136.6m, with a new backlog standing at €828.6m as of the end of 2025
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NewsBrunswick earns Top 5 Gold honours at CES
Boat builder’s display ranked among top 5 experiential exhibits at world’s largest tech trade fair
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NewsSmoker Craft announces leadership changes
CEO transition, expanded leadership team highlight organisational changes following Doug Smoker retirement
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NewsEx-Capital Yachting broker to lead Greek yachting association
Panagos Lemos joins Hellenic Professional Yacht Owners Association as secretary general
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NewsLinssen Yachts appoints Turkish distributor
The milestone signifies the Dutch yard’s strategic entry into a high-growth market
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NewsIndia gifts Maldives first high-speed ferry, strengthening maritime ties
Delivery marks the launch of transport links between the Faafu and Dhaalu atolls
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