Latest articles

OXE Marine losses increase; revenue drops

OXE Marine revenue dropped to SEK 15.5 million, down from SEK 61.2 million in the company’s second quarter 2026, with EBITA declining to SEK...

MarineMax revenue down 7%; gross profit up

MarineMax saw revenue of $611.3 million for its fiscal 2026 third quarter ended June 30 2026, down 7% to $611.3 million from $657.2 million...

Carla Demaria joins ICOMIA board

ICOMIA (International Council of Marine Industry Associations) has appointed Carla Demaria to its board as a co-opted director. Carla most recently served as chief executive...

Gunwharf Quays Marina owner agrees £3.1bn cash takeover

Mitie Group, which runs Gunwharf Quays Marina in Portsmouth, UK, has agreed a £3.1bn cash takeover by rival facilities management group OCS Group International. Completion...

Correct Craft acquires Fluid Motion

Correct Craft has acquired Fluid Motion, the parent company of Ranger Tugs, Cutwater Boats, and Solara Boats. Fluid Motion will continue to operate, retaining its...

British Marine turnover falls; £50,000 profit

British Marine Federation Group’s turnover reduced by £524,513 in 2025 compared to the previous year, largely due to a reduction in marina-generated turnover at...

First Sea Expandary branch launched

Shenzhen Tanhai Yacht Industry Development Co., Ltd. (Tanhai Company) has become the first branch in China for the high-end yacht brand Sea Expandary. Based in...

Next Yacht Group acquires metal fabrication company SIMAN

Italian shipyard Next Yacht Group has acquired metal fabrication and mechanical engineering company SIMAN. The acquisition will enable Next Yacht Group to expand its production...

Nautical Ventures to represent Sterk yachts

Nautical Ventures has been appointed the exclusive authorised dealer for Sterk yachts in Florida. Nautical Ventures will represent Sterk models distributed by MS Marine USA,...