Saturday, November 29, 2025

Latest articles

X Shore closes SEK 50 million funding round

Swedish electric boat manufacturer X Shore has closed a SEK 50 million financing round – approximately €4.5 milllion - completed with the support of...

Yacht sales agent convicted of customs fraud

A French yacht sales agent has been convicted of customs fraud by the Paris criminal court. In a case investigated and prosecuted by the European...

ENVGO raises US$2 million funding

ENVGO has raised US$2 million seed investment funding to further develop its hydrofoiling technology. The Canadian company’s first foiling boat is the NV1, is a...

New Yellowfin and Invincible CEO

Warbird Marine Holdings, parent company of Invincible Boats and Yellowfin Yachts, has appointed Thomas Wieners to the position of chief executive officer. Current CEO, John...

Sanguineti relocates to new HQ

Sanguineti has relocated to new headquarters in Casarza Ligure, a few kilometres south of the company’s original production site in Chiavari, near Genoa. The Italian...

Michigan Marine Propulsion acquired

Michigan Marine Propulsion (MMP), the European business of Michigan Wheel, has been acquired by Nakashima Propeller. Michigan Wheel was established in 1904, and is one...

First advanced materials investment

Private equity firm Iron Path Capital is partnering with epoxy manufacturer Gougeon Brothers as its first advanced materials investment. The family-owned Gougeon business formulates and...

Smartgyro appoints Italian dealer

Smartgyro, manufacturer of marine stabilisation solutions, has appointed Italian-based SV Servizi as its certified dealer for Italy. SV Servizi will provide support, installation, and after-sales...

BRP to cut 61 jobs

BRP is to lay off more than 60 workers from its Sturtevant, Wisconsin, US facility. The Canadian company is cutting 39 workers immediately, with a...
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