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“Despite turbulent times, the group has delivered record revenue and sustained a strong order book, reinforcing its growth trajectory,” says Basil Chan, chairman of Grand Banks as the company released its financial results for the year ending 30 June 2025. But this comes as its earnings are down 14.8 per cent year on year, to…

MasterCraft Boat Holdings has reported financial results for its fourth quarter and full year ended 30 June 2025. The US-based company’s operations cover the MasterCraft and Pontoon segments. For the fourth quarter, net sales were $79.5m, an increase of $25.2m, or 46.4 per cent, compared to the same period in 2024. Adjusted EBITDA rose to…

“People are either very rich, or not rich enough to buy a boat,” says Alberto Osculati. That’s the first reason he puts behind a decrease in small boat sales experienced by manufacturers worldwide which is putting pressure on many in the industry. Added to this, expectations around how people spend their free time is changing.…

Boatfolk is expanding its Beyonder boat subscription service in north Wales as the marina group adds a second Jeanneau Merry Fisher 795 to its Conwy Marina fleet. The marina group first launched Beyonder in Wales in May 2024. boatfolk says the addition of the new boat to the fleet is in response to its waiting…

C-Quip is now distributing Sulnox Eco Fuel Conditioner to the recreational marine market, a product already in use across commercial shipping and large vessel operations. Sulnox Eco has been tested to international standards by Lloyd’s Register and other independent scientific organisations. The patented, organic fuel additive is compatible with existing engines and fuels without modification.…

Nearly 1,200 workers at UK boatbuilder Princess Yachts in Plymouth have secured a 6.5 per cent pay rise after voting in favour of industrial action, Unite, the UK’s largest union, said today (28 August 2025). Unite represents more than half of Princess Yachts’ workforce. In July, Princess employees were informed during negotiations that their wages would…

Yamaha Motor Europe has confirmed the launch of two new outboard engines for the European market in 2026. The V MAX SHO 250hp and V MAX SHO 200hp models extend Yamaha’s Super High Output (SHO) range, which is built on a 4.2-litre V6 platform. Both engines have previously been available in other regions and are…

Yachting Ventures has confirmed the 16 startups that will feature in the Metstrade Startup zone for 2025. The initiative, which highlights new technologies in the marine sector, is now in its third year. It is organised in collaboration with the annual Metstrade exhibition in Amsterdam, which is the world’s largest trade exhibition for the leisure…

Legacy Harbour Marina in downtown Fort Myers, Florida, is undergoing redevelopment following extensive damage sustained during Hurricane Ian in 2022. AIRN Management, the marina’s owner, has partnered with Bellingham Marine to carry out the reconstruction. Work began in early 2025, and reopening is planned for the first quarter of 2026. Hurricane Ian, a category 4…

Flexiteek International has appointed Juha Kauppinen as managing director of Sweden. Kauppinen, who joined the company this month (August 2025), has more than 25 years of experience in the automotive sector, including senior leadership roles at Bulten Hallstahammar. In his new role, he will oversee operations at Flexiteek’s Swedish production facility and form part of…