News

US boat dealer group MarineMax has added Island Global Yachting LLC (IGY Marinas) to its portfolio, significantly expanding its existing marina and services business.

Ferretti Group has released its financial results for H1 2022, posting double-digit net revenue and EBITDA growth for the period with an order backlog at €1.2 billion.

BRP Inc. has entered an agreement with Kongsberg Automotive ASA and its subsidiary Kongsberg Inc. to acquire all the assets related to its powersports business located in Shawinigan, Quebec, Canada.

New to the America’s Cup, Alinghi Red Bull Racing has launched its AC75 training vessel in preparation for the race in 2024.

Six months after the acquisition of brands Perini Navi and Picchiotti, The Italian Sea Group (TISG) has unveiled a new series of yachts entitled the Gentleman fleet.

Ferretti Yachts has unveiled Infynito, the new 70 to 100-foot range of yachts that it says was created to complement the current flybridge offering.

An innovative system called a Bubble Barrier, where a ‘curtain’ of air bubbles is placed along a waterway to remove plastic debris from the water, has been implemented in the municipality of Katwijk, the Netherlands.

Motor and sail brands Sanlorenzo, Prestige Motor Yachts and Beneteau Sail will be making multiple world debuts at the Cannes Yachting Festival, taking place from 6 to 11 September 2022.

Canada-headquartered powersport product company, BRP is planning to launch fully redesigned Manitou, Alumacraft and Quintrex boats featuring the new Rotax Outboard Engine, which is partially ‘hidden’ under the boat.

Diesel outboard engine manufacturer Cox Marine has announced two key sales appointments in North America as the company builds its regional team to drive business growth. New regional director Doug Ross will lead CXO300 diesel outboard engine man...

The Italian Sea Group (TISG), a global operator in luxury yachting, has opened its first flagship store in the US in East Hampton, Long Island, as the company’s development plan for the American market ramps up.

Rolls-Royce Holdings has published its 2022 half-year results. Order intake of £2.1bn was 53 per cent higher than the prior period and included the highest quarter for order intake on record, with strongest growth in demand in power generat...

British boatbuilder, Fairline has announced its all-new model, the Targa 40. Launching in summer 2023, the Fairline Targa 40 follows the success of the yard’s Targa 38, which launched in 2006 – with over 300 built over the following d...

JMS Yachting, an independent yacht management company with offices in Monaco, Brighton, UK and Mallorca, Spain, is opening a new office in Fort Lauderdale, USA.

A new specialised training academy has been established at the epicentre of the booming superyacht industry on the Gold Coast to support record growth and demand for workers as local and international buyers continue to splash out on luxury marin...

Two maritime energy companies, GT Green Technologies and Pei Tech, have announced a new partnership to create technology-based solutions that combine the most promising developments in green propulsion, benefiting global shipping operations.

Bristol-based timber importer and machining specialist, Robbins Timber has been appointed as the sole UK and Ireland distributor for TMT Marine, a sustainably sourced timber product.

Ocean Safety, specialist in the supply, distribution, service and hire of marine safety equipment, will be offering expert safety advice and showcasing its range of lifesaving products at the Southampton International Boat Show, 16-25 September 2...

British maritime technology company Kraken Technology Group (KTG) has announced it has signed a memorandum of understanding (MoU) with Thales, the French electrical systems company, for the ongoing development and provision of bespoke systems for...