Category: Uncategorised

  • Gaming billionaire Gabe Newell buys Oceanco

    Dutch yard Oceanco, one of the world’s leading custom yacht builders, has been sold to gaming developer tech entrepreneur, Gabe Newell. Oceanco has been under the stewardship of the Barwani family for the past 15 years delivering iconic superyachts including Kaos, Bravo Eugenia, Black Pearl and Koru. The Barwani family will remain active in the…

  • Cala Del Forte marina names new CEO

    Cala del Forte marina has named Marco Cornacchia as its new chief executive officer, effective 1 August 2025. Cala del Forte is owned by Monaco Ports and located in Ventimiglia. The marina was officially inaugurated in July 2021. Cornacchia takes the reins from Giovanni Battista Borea d’Olmo, 75, who is stepping down after leading the…

  • Saim sets its sights on providing sustainable solutions

    MIN visits Marco Donà, CEO of Saim (pictured above), to discuss how the company’s providing solutions to boatbuilders’ needs – including automatically managing different power sources and the potential of startups to change yachting. Saim’s been on a development journey since it was set-up in 1951 (and became Saim Marine in 1993). “Small boat builders…

  • Springfield Marine to expand US manufacturing facility in response to Trump tariffs

    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…

  • Rolls-Royce’s Power Systems reports strong half-year results

    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 sells Wescom Signal & Rescue

    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…

  • Navico Group talks recruitment, retention and ‘selling the marine world’

    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…

  • 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…