Category: Uncategorised

  • U-Boat Worx appoints new CEO, reveals new structure

    Dutch submersible builder U-Boat Worx has confirmed the name of its new CEO, Wilbert Versteeg, as the firm introduces a new organisational structure comprising three core divisions: UBW Exploration, UBW Components and UBW Naval, to support its expansion into a wider range of markets. New U-Boat Worx structure The new UBW Exploration division will remain…

  • World Drowning Prevention Day sees Savvy Navvy join forces with RNLI 

    Marine navigation technology firm Savvy Navvy has announced a new collaboration with the RNLI to promote water safety across the UK and Ireland.  The partnership launched in alignment with today’s (Friday, 25 July) World Drowning Prevention Day 2025, highlighting a commitment to preventing incidents at sea.  As part of this collaboration, Savvy Navvy will donate…

  • 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…

  • 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),…

  • 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.…

  • 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…

  • 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,…

  • 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…

  • 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…

  • 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…