Author: admin

  • Climate pledges vs lifestyles: the storm around billionaires’ yachts

    In a time of climate urgency, an announcement of environmental funding has come under an unforgiving spotlight. When the Bezos Earth Fund revealed a new round of marine protection grants this week, the online response called into question the motives of one of the world’s richest men – and superyacht owner – Jeff Bezos. At…

  • Twin Vee aims to push AI digital valuations of boats into the mainstream

    Twin Vee PowerCats is putting financing at the centre of its digital overhaul, arguing that slow and inconsistent boat valuations are still the biggest obstacle to quicker loan decisions. It’s pushing AI boat valuation. “One of the most significant barriers to a frictionless boat-buying experience is financing,” CEO and president Joseph Visconti says, adding that…

  • New alliance promises cleaner seas for Poland’s fast-growing marine sector

    Poland’s marine sector is set to gain new environmental-protection capabilities thanks to a fresh collaboration between two well-known industry names. As interest grows in cleaner and more responsible boating, the partnership aims to give builders, refit yards and boat owners easier access to solutions that help protect local waters. Wave International has appointed Marineworks in…

  • Benetti introduces AI into production processes

    Italian boatbuilder Benetti says it plans to introduce artificial intelligence into its production processes as part of a project developed with the Quinn University Consortium. The first phase, which is due to begin by the end of the year, focuses on four areas within the firm’s custom operations division at its Livorno site. AI‑based systems…

  • Old sails, new purpose – Rooster grows its recycled bag range

    Rooster is expanding its Sandy Point Collection for the 2025 festive – and gift giving – season, building on what the company positions primarily as a circular-materials initiative. The range is produced from retired sailcloth that would otherwise be difficult to recycle, and the company says each item carries a label identifying the original sail.…

  • UK government announces apprenticeship investment but SMEs warn rising wage costs are unsustainable

    A £725 million investment to deliver more apprenticeships for young people has been announced by the UK government. The idea is to help eligible young people (under 25) to benefit from increased access to training. It looks like the government will pay 100 per cent of the training fees (up to set limits) for small…

  • D-Marin clinches seven wins at Abu Dhabi Maritime Awards 

    D-Marin has celebrated a strong performance at the 2025 Abu Dhabi Maritime Awards, taking home seven distinctions across its marina portfolio in Turkey and the UAE.  The awards, held annually during the Abu Dhabi International Boat Show, recognise marinas that set benchmarks for excellence across the Middle East, North Africa and Turkey.  Categories include customer…

  • New CEO at Sargo Boats

    Finnish boatbuilder Sargo Boats has named Matti Laurila as new CEO. Laurila will assume this role from 2 January 2026. Thomas Sarin, who joined Sargo in 1997 and has served as CEO for the last 15 years, will continue to work for the family owned boatbuilder and will be responsible for product development, customer relations…

  • Saxdor expands into growing markets including India

    Saxdor Yachts has appointed two new dealerships, entering the Indian market with Marine Solutions and expanding into Saudi Arabia and Nigeria with Sea Pros Yachts. The new agreements mark a significant move in Saxdor’s strategy to grow its presence in regions with great potential and ‘fast-accelerating’ boating markets. Saxdor notes that these areas are experiencing a rise in leisure marine activity, supported by increasing coastal…

  • Sunseeker CEO Andrea Frabetti steps down, interim CEO appointed

    British luxury boatbuilder Sunseeker has announced that Andrea Frabetti has stepped down as CEO. Frabetti, who has led Sunseeker as CEO since July 2019, has stepped down from his CEO and board director role with immediate effect, and by mutual agreement. Scott Millar of Teneo Financial Advisory has been appointed as interim chief executive officer,…