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Seating solutions, pedestal, and marine accessory manufacturer Springfield Marine is expanding its US-based manufacturing capabilities and facilities. The company is breaking ground on a 23,000sq.ft expansion at its Nixa, MO facility, which will increases Springfield’s manufacturing capacity by over 50 per cent and allows the company to reshore key production to reduce costs and combat…

Sanlorenzo Asia Pacific (APAC) has entered a strategic partnership with Thai yachting entrepreneur Vrit Yongsakul to launch Sanlorenzo Thailand, a new company focused on the exclusive sales of Sanlorenzo and Bluegame yachts in Thailand. The development marks an expansion of Sanlorenzo’s footprint in Southeast Asia, and follows a decade of growth in the region. Simpson…

Rolls-Royce’s Power Systems division has released its half year financial results, reporting strong and profitable growth in the first half of2025. Adjusted for the sale of the lower power engine business last year, the Rolls-Royce’s Power Systems division’s revenue, with its mtu product and solutions brand, rose by 20 per cent to €2.4 billion* (£2.0…

Sun European Partners, LLP has agreed the sale of Wescom Signal & Rescue, a global leader in marine pyrotechnics and defence products, to Albion River, a private direct investment firm focused on technical defence product businesses and services.   Wescom, which has DAME-award winning products within its portfolio, was originally a corporate carve-out of the Drew Marine…

MIN sits down with up with Fiona Richardson, HR director for Navico Group, to discuss recruitment, retention and reciprocity. Like many, Fiona Richardson in uneasy about the ageing workforce across the marine world. But Richardson has several cards up her sleeves which are helping to ensure that Navico (part of the Brunswick Group) is well…

Marina owner and operator Safe Harbor is expanding into the Mediterranean and has acquired Monaco Marine, to strengthen its international service network. Well established among yacht owners, captains, and shipbuilders, Monaco Marine includes nine locations in the South of France and Monaco that provide slips, storage, and service for vessels up to 90 metres. “The Monaco Marine team cares…

US marine retailer OneWater Marine has reported its financial results for the fiscal third quarter ended 30 June 2025, with revenue rising 1.9 per cent year-on-year to $552.9m. Same-store sales also increased 2 per cent for the quarter. The Georgia-based dealer network reports that new boat revenue declined 2.1 per cent, primarily due to a…

California-based Wing Group (which manufactures life jackets, boats, and other safety equipment) says it has secured what it’s deeming a landmark win in an insurance bad faith lawsuit against Lloyd’s of London Syndicates. “Lloyd’s misconduct, obfuscation, bullying, ignoring, belittling, and overall approach toward Wing, when we were in a time of need, is so disappointing…

In the space of a year Nick Ogden – founder of Performance Marine Group – has found himself overseeing the build of 500 boats. “If someone told me last year that I’d be building over 500 boats next year, I would have smiled. This year, I’m still smiling – but the 500 was an underestimate,”…

GoBoat UK, the self-drive boat rental company that operates electric boats on London’s waterways, is expanding its relationship with Yamaha Motor. GoBoat UK has used Torqeedo outboards exclusively since launching in 2016 and now runs 57 boats across Paddington, Canary Wharf, Kingston and Thames Ditton. According to the company, its fleet carries more than 150,000…