Category: Uncategorised

The European Commission’s Sustainable Transport Investment Plan (STIP), released yesterday (5 November 2025), has become the first EU transport strategy to explicitly include recreational craft. The European Boating Industry (EBI) has welcomed the plan, which outlines a technology-neutral pathway for decarbonisation in the sector and recognises recreational boating as part of Europe’s wider green transition.…

Twin Vee PowerCats has completed the sale of its commercial property in Marion, North Carolina, previously intended for a manufacturing facility for its subsidiary, Forza X1. The $4.25m sale was finalised on 31 October 2025, with the company confirming that the transaction will strengthen its balance sheet. Twin Vee reported that no debt, loans or…

Oyster Yachts has opened a new service centre in Barcelona to support the growing number of Oyster owners in the Mediterranean. More than 45 yachts are now based in the city, which has become a key wintering location for owners seeking an alternative to Palma. The new facility provides refit, maintenance, engineering and guardianage services,…

Saxdor Yachts has strengthened its footprint in North America by appointing two new exclusive dealers in Canada – Cabano Marine in Quebec and DT Powersports & Marine in Ontario – marking the Finnish boatbuilder’s official entry into the Canadian market. The move builds on a 49 per cent year-over-year sales increase in the United States,…

Molabo, a German manufacturer of high-performance electric propulsion systems, has appointed Tommi Salonen as head of global marine sales.  Salonen will lead the firm’s commercial growth in the expanding electric boating market. He brings more than two decades of international experience in marine propulsion, boat manufacturing and equipment, with previous roles including leadership positions at…

Malibu Boats Australia, a manufacturer and seller of watersports towboats, has reportedly been listed as the target of a ransomware incident by the Qilin group, a Russian-speaking ransomware gang. The company, which has operated in Australia for around three decades and forms part of the wider Malibu Boats organisation founded in California in 1982, was…

The Inland Waterways Association (IWA) reports that three quarters of Britain’s canals face financial insecurity, as navigation authorities deal with reduced funding and increasing climate-related pressures. New mapping produced by the organisation indicates that 99 per cent of the country’s 5,000-mile network of canals and navigable rivers is expected to experience higher winter rainfall and…

Castoldi, an Italian manufacturer of waterjet drives and luxury tenders, has named GLI Yachts as its exclusive distributor for tenders in Australia. GLI Yachts, which is based on the Gold Coast in Queensland, will handle the tender sales and service business for the Australian market. GLI Yachts brings extensive expertise and regional knowledge to the…

Iris Innovations has launched Photon, a compact 4K night vision camera designed to improve visibility and safety during low-light marine navigation. The company says the model is intended to make night-time operation accessible across a range of vessels, from leisure craft to commercial and law enforcement applications. Photon delivers full-colour imagery in near-dark conditions without…

The United States and Canada pavilions will share a joint space in Hall 12 at Metstrade 2025, marking the first time the two national exhibits have been co-located. The combined presence will include 75 companies, seven of which are new exhibitors, representing North American marine innovation and manufacturing. The North America Stage — organised by…