Category: Uncategorised
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Vortec Marine named exclusive European dealer for Hylas Yachts
UK-based yacht services and brokerage firm Vortec Marine has been appointed as the exclusive European dealer for the Taiwan-built brand Hylas Yachts. The agreement gives Vortec Marine sole responsibility for Hylas sales and client support throughout Europe, leveraging the company’s established technical and brokerage expertise to grow the brand’s presence among long-range cruising and offshore…
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MarineMax Q3 results show revenue decline and outlook cut
MarineMax has reported its financial results for the third quarter of fiscal 2025, which ended on 30 June 2025. Revenue for the quarter totals $657.2m, down 13.3 per cent from $757.7m in the same quarter last year. The firm says this decline is primarily attributed to lower new boat sales, although this is partially offset…
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Safe Harbor acquires marina in Costa Rica
Safe Harbor Marinas has confirmed the acquisition of Los Sueños Marina in Costa Rica, expanding its international portfolio. “Los Sueños is a wonderful addition to Safe Harbor. The sportfishing mecca draws enthusiasts from California to the Carolinas,” says Baxter Underwood, chief executive of Safe Harbor Marinas. Located on the central Pacific coast of Costa Rica,…
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Heather Stoll appointed executive vice president at Nautique
Heather Stoll has been appointed executive vice president of Nautique Boat Company. Stoll has worked at the US-based company for more than nine years, holding leadership roles including finance manager, director of finance and, most recently, vice president of finance. Nautique, a subsidiary of Florida-based Correct Craft, manufactures waterski, wakeboard and wakesurf boats. “I’m deeply…
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French boat manufacturer suspends US orders ahead of tariff hike
Amid ongoing uncertainty around upcoming tariff increases on European imports, Tiwal, a French manufacturer known for its inflatable sailboats, has announced a temporary suspension of all orders to the United States. The company announced that it would pause the processing and shipping of boats and accessories to the US market, effective yesterday (23 July 2025),…
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Brunswick Q2 2025: Earnings drop amid production and tariff pressures
Brunswick Corporation has announced its financial results for the second quarter of 2025. Earnings have taken a dive across multiple segments in the wake of Trump’s tariff policy. However, cash flow remains at record levels. Net sales for the quarter total $1,447m, representing a 0.2 per cent increase compared to the same period in 2024.…
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SailGP opens new $10m innovation facility in Southampton
SailGP has officially opened SailGP Technologies, its new innovation, design and engineering centre in Southampton, UK. The site, which will serve as the technical base for the global championship, currently employs over 100 designers, engineers, boat builders and specialists across areas including composites, hydraulics and aerodynamics. The global racing league says the US$10m (£7.4m) facility…
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Strike threat at Princess Yachts after pay offer rejected
Workers at Princess Yachts in Plymouth are set to vote on potential strike action in a dispute over pay. From today (23 July 2025), more than 1,000 Unite union members will be balloted on whether to stage weekly one-day strikes for up to six months. The ballot will also ask workers whether they support a…
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Women in Marine announces 2025 panel and theme for Southampton show
Women in Marine has announced the theme and speaker line-up for its 2025 panel and networking event, scheduled for Wednesday 24 September at the Southampton International Boat Show. The session, which is sponsored by DF Capital, LA Marine and Haven Knox-Johnston, returns this year with a new time and location. The 2025 event will take…
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Weymouth to host first-ever iQFOiL World Championships in UK
The Royal Yachting Association (RYA) has announced that the UK will host the 2026 iQFOiL World Championship, which will take place at the Weymouth & Portland National Sailing Academy from 21 to 26 September 2026. The event will bring around 250 of the world’s top Olympic windsurfing athletes to UK waters, marking the first time…