MasterCraft Boat Holdings and Marine Products Corporation have entered into a definitive agreement under which MasterCraft will acquire Marine Products in a cash and stock transaction valued at approximately $232.2m net of acquired cash. The combination brings together two US-based recreational marine manufacturers with portfolios spanning performance, leisure, recreational and sport fishing powerboats. The combined […]
A fatal North Sea collision that claimed the life of a seafarer has ended with a prison sentence for the captain found responsible. Vladimir Motin (of St Petersburg, Russia), captain of the cargo vessel Solong, has been jailed for six years after a London court ruled that the tragedy was entirely avoidable – and the […]
A fresh injection of government funding should have been good news for Britain’s canals. Instead, it has reignited a long-simmering debate over how the nation pays for one of its most fragile and valuable assets. Shortly after DEFRA (Department for Environment, Food & Rural Affairs) announced a £6.5 million boost for canal resilience, the Inland […]
Polish catamaran manufacturer Sunreef Yachts has appointed OMR Premium Yachting as its official dealer for the Western Balkans and the Adriatic coast, extending its dealer network in Europe. Under the agreement, OMR Premium Yachting now represents Sunreef Yachts across the region, acting as a local point of contact for sales and customer support. Clients based […]
While completing four units of its newly launched JT 34 Limo for a major luxury resort operator, Castoldi is simultaneously accelerating its presence at the other end of the marine spectrum: unmanned surface vessels (USV). The Italian manufacturer says demand for integrated propulsion solutions on 13-metre USVs is rising sharply, driven by geopolitical uncertainty and […]
TheYachtMarket has released a series of updates to Stantia, its customer relationship management (CRM) platform, including the introduction of a PDF creation tool aimed at yacht brokers. Stantia was launched in 2024 as a tool to manage boat inventory, customer relationships, reports, and more. The new PDF creator enables brokers to produce branded sales documents […]
Chair of the GMBA, Richard Haws, discusses the potential and pitfalls of the marine market in Saudi Arabia. As the 12th largest country in the world, the Kingdom of Saudi Arabia (KSA) is slightly smaller than Greenland, but larger than Mexico, with a GDP per capita of just over $35,000 growing at 5 per cent (Q3/2025), […]
Mitsuhiro ‘Hiro’ Iwamoto, a blind Japanese sailor based in the USA, has confirmed he will launch a solo trans-Pacific voyage in 2027, sailing from San Diego to Fukushima, Japan. Iwamoto, 59, previously completed a non-stop Pacific crossing with sighted navigator Doug Smith in 2019. However, the 2027 voyage aims to be the world’s first such […]
The National Marine Manufacturers Association (NMMA) and Boating Writers International (BWI) have announced the judging panel for the 2026 Miami Innovation Awards. The judges will assess product entries submitted by manufacturers and suppliers for consideration in this year’s awards programme. This year’s award recipients are due to be announced during the Industry Breakfast, held as […]
The International Organization for Standardization (ISO) has approved ISO/TS 23099, a technical specification developed to provide a harmonised method for assessing and comparing the environmental performance of large yachts. The specification follows a two-year international standardisation project informed by the Yacht Environmental Transparency Index (YETI) Joint Industry Project, led by Water Revolution Foundation. In 2025, […]
Boat insurer Haven Knox-Johnston has announced the programme for its 2026 webinar series, From The Helm. The series is free to attend and will consist of four expert-led sessions delivered online. The 2026 programme follows earlier editions of the webinar series and continues the company’s focus on providing practical information for boat owners, cruising sailors […]