Latest articles

Correct Craft president to step down

Correct Craft’s long-time president and CEO, Bill Yeargin, has announced plans to step down in spring 2026. The company’s board, which includes Yeargin, has begun...

Sunpower Yachts acquires Alva Yachts

German boatbuilder Alva Yachts has been acquired by Australian yacht dealer and designer Sunpower Yachts International. The acquisition brings together two solar-electric yacht developers, in...

Nimbus appoints first Japanese dealer

Nimbus Group has appointed Enoshima Marina as its first Japanese dealer for its Aquador brand boats. Enoshima Marina began operations in the 1970s and is...

Damen denies sanctions and corruption allegations

Damen Shipyards has denied accusations by Dutch prosecutors that it has violated EU sanctions against Russia. The shipyard has also denied claims of corruption against...

Two new hires for Avikus

Avikus, HD Hyundai’s Autonomous Navigation Technology subsidiary, has taken on two new hires with the appointment of Erik Irvin as technical support manager and...

Erwin Bamps returns to Gulf Craft

Erwin Bamps has returned to Gulf Craft as its new CEO. Erwin began his career working with a Belgian electronics engineering company based in Asia. He...

New ACQ Group CTO

Fabrizio Ottoni Limena has been appointed as the new chief technology officer (CTO) of ACQ Group. Fabrizio is the CEO and founder of YachtMind, which...

New Wescom head of marketing

Frances Hunt has been promoted to the role of head of defence marketing at Wescom Group.  Frances has been group marketing manager at Wescom for...

Nimbus market situation remains difficult to assess

Nimbus Group sales decreased by 13% to MSEK 300 (344) during the first quarter of 2025 with the market situation remaining difficult to assess Commercial...