Friday, July 18, 2025

Latest articles

Luxury boat tax fails to raise anticipated revenue

A luxury tax that added 10% onto the cost of a boat more than $250,000 should be repealed, says the Canadian Marine Retailers Association. The...

Group Beneteau revenues fall 32%

Revenues fell 32% for Group Beneteau in the first half of 2024, linked to the expected changes in dealership inventory levels. The fall follows...

Work set to start on new Naples marina

Up to 400 new berths are set to be created at the Port of Mergellina, Naples, with a 250m extension to the Mergellina breakwater...

Nimbus sales down but market set to recover

Nimbus Group sales decreased by 18% to MSEK 623 (756) during the second quarter 2024 but says there are signs the market is about...

Seized yacht Alfa Nero sold

Northrop & Johnson has completed the sale of the seized 82m Oceanco Alfa Nero superyacht, with yacht broker Richard Higgins representing the buyer. The deal...

New CEO for Malibu Boats

Malibu Boats has appointed Steven Menneto as its new CEO with effect from August 5 2024. He will also join Malibu Boats’ board of directors,...

1,700 temporary layoffs at Mercury Marine

Mercury Marine is to temporarily lay off a further 1,700 workers. The news follows on from the outboard manufacturer permanently laying off 250 employees in...

Two new representatives for GMBA

Global Marine Business Advisors (GMBA) has appointed Melanie Symes and Falk Morgenstern to represent GMBA in Spain and Germany respectively. Melanie’s career includes a leading...

New sustainable boating trade show announced

A new sustainable boating trade show has been announced for 2025. The first edition of Nice Boating Tomorrow, a collaboration between the Nice Côte d’Azur...
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