Category: Uncategorised

  • Safe Harbor expands into Med with Monaco Marine acquisition

    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…

  • Sanlorenzo Thailand launches through local partnership

    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…

  • OneWater Marine posts solid Q3 2025 earnings

    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…

  • Marine group wins against Lloyd’s of London Syndicate

    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…

  • Boatbuilder evolution: the changing nature of PMG

    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 expands dealer role underpinning Yamaha’s acquisition of Torqeedo

    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…

  • Agilis Jet Tenders expands manufacturing to decrease lead times

    “This is a pivotal moment for Agilis,” says Alexander Starchenko, sales director for Agilis Jet Tenders. The company’s announced that it’s doubled its production capacity at its German facility to take it from 1900 to 4000m2. It’s also investing in advanced manufacturing processes, including CNC machining and vacuum infusion. The idea is to optimise quality…

  • Garmin reports Q2 growth across all segments

    Garmin has reported its financial results for the second quarter ending 28 June 2025, highlighting double-digit growth across all segments, including a 10 per cent increase in marine revenue. Consolidated revenue for the quarter reached $1.81bn, marking a 20 per cent increase year-on-year. Gross margin rose to 58.8 per cent and operating margin improved to…

  • Flite launches Flitelab* range of foil boards

    Flite, a brand of Mercury Marine and part of Brunswick Corporation, has launched its first product ranges from the new Flitelab* brand of foil boards and accessories. The launch, which took place yesterday (on 30 July 2025) follows the 2024 debut of the Flitelab* brand, and Brunswick’s 2023 acquisition of Australian eFoil maker Fliteboard. The…

  • IBEX names new director of marketing and communications

    IBEX, the International BoatBuilders’ Exhibition and Conference, has appointed Kate Donadio as its new director of marketing and communications. She takes on the role at North America’s largest marine trade show and conference, with responsibility for leading the event’s marketing and outreach activity. Donadio was most recently marketing manager at Suzuki Marine USA, where she…