Category: Uncategorised
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AkzoNobel India completes €1.4bn sale to JSW Group
AkzoNobel has confirmed the completion of the sale of AkzoNobel India Limited to the JSW Group. The transaction covers the paint group’s liquid paints and coatings business in India. Its India Powder Coatings division and International Research Centre will remain fully under AkzoNobel ownership and continue operating as part of the firm’s global network. The…
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D-Marin awarded EcoVadis Gold ranking in 2% of global ESG performers
D-Marin has received an EcoVadis Gold Medal for 2025, placing the marina group within the top two per cent of the 130,000 companies evaluated worldwide for environmental, social and governance (ESG) performance. The Gold rating marks the group’s progression from its previous Silver status. It reflects high scores across the four key areas of the…
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Palumbo Superyachts signs tender production agreement
Shipyard group Palumbo Superyachts has signed a commercial agreement with Italian RIB specialist Novamarine for the production of customised tenders for the ISA Yachts, Extra Yachts, Columbus Yachts and Mondomarine brands. The agreement, signed in the Italian city of Ancona in November 2025, outlines a process through which tenders will be developed in collaboration with…
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Evolving rather than contracting – new report assesses UK boat production
While mass-market dinghy volumes have recalibrated post-pandemic, the UK maintains world-class expertise across luxury motor yachts, high-end tenders, and inland cruising craft says the UK Boat Production Estimates 2021–2024 (authored by Phil Draper and published by British Marine). The report highlights that future opportunities lie increasingly in value, innovation, and specialist capability, rather than volume…
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Climate pledges vs lifestyles: the storm around billionaires’ yachts
In a time of climate urgency, an announcement of environmental funding has come under an unforgiving spotlight. When the Bezos Earth Fund revealed a new round of marine protection grants this week, the online response called into question the motives of one of the world’s richest men – and superyacht owner – Jeff Bezos. At…
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Smartgyro adds battery-powered option for SG20 stabiliser
Gyroscopic stabiliser manufacturer Smartgyro has introduced a battery-powered integration for its SG20 stabiliser. The system introduces an option for running the SG20 without a generator, with the aim of reducing noise levels during use on 40–55 foot yachts. The SG20 can operate on battery power for sustained periods, enabling stabilisation when the generator is switched off.…
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New alliance promises cleaner seas for Poland’s fast-growing marine sector
Poland’s marine sector is set to gain new environmental-protection capabilities thanks to a fresh collaboration between two well-known industry names. As interest grows in cleaner and more responsible boating, the partnership aims to give builders, refit yards and boat owners easier access to solutions that help protect local waters. Wave International has appointed Marineworks in…
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Twin Vee aims to push AI digital valuations of boats into the mainstream
Twin Vee PowerCats is putting financing at the centre of its digital overhaul, arguing that slow and inconsistent boat valuations are still the biggest obstacle to quicker loan decisions. It’s pushing AI boat valuation. “One of the most significant barriers to a frictionless boat-buying experience is financing,” CEO and president Joseph Visconti says, adding that…
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UK government announces apprenticeship investment but SMEs warn rising wage costs are unsustainable
A £725 million investment to deliver more apprenticeships for young people has been announced by the UK government. The idea is to help eligible young people (under 25) to benefit from increased access to training. It looks like the government will pay 100 per cent of the training fees (up to set limits) for small…
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Benetti introduces AI into production processes
Italian boatbuilder Benetti says it plans to introduce artificial intelligence into its production processes as part of a project developed with the Quinn University Consortium. The first phase, which is due to begin by the end of the year, focuses on four areas within the firm’s custom operations division at its Livorno site. AI‑based systems…