Latest articles

TISG: System designed to circumvent excess expenditure controls

The Italian Sea Group has appointed advisory firm KPMG to carry out independent forensic due diligence following a company acknowledgement that it has incurred...

Mercury Marine expands manufacturing facility

Mercury Marine has officially opened its expanded Plant 7 manufacturing facility in St. Cloud, Florida. The expansion adds 25,000 square feet of new manufacturing space...

Malibu Boats acquires Saxdor Yachts

Malibu Boats (MBI) has acquired Saxdor Yachts for in a deal worth around EUR 150 million (US $175 million). The transaction comprises EUR 110 million...

1000 students to take part in yachting’s energy transition challenge

The Yacht Club de Monaco’s 13th Energy Boat Challenge will again bring together students and industry professionals. The event aims to help speed up the...

Yamaha Motor to relocate US facilities

Yamaha Motor Co is to relocate its US group company, Yamaha Motor Corporation, U.S.A. (TMUS) currently located in Cypress, California, to Kennesaw, Georgia. This relocation...

Sunreef Yachts unveils $1 billion growth plan

With confirmed financial resilience and expanded production capabilities, Sunreef Yachts has unveiled its Beyond 2030, a growth plan that is aimed at achieving €1 billion...

Challenging trading environment for OXE Marine

OXE Marine’s consolidated net turnover amounted to SEK 30.7m in the fourth quarter of 2025, a significant drop compared to the same quarter in...

Palumbo Superyachts acquires Port of Ortona concession

Palumbo Superyachts has acquired the concession of a 13,048.98sqm state-owned maritime area in Italy's Port of Ortona. The facility will be be used to further...

Twin Vee expands into Louisiana

Twin Vee PowerCats has received approval to carry out business in the state of Louisiana. The state approval clears the way for the power sports...