A new study has found a 22 per cent gap in daily pay for men and women, with no surprises about which gender earns less. And the study’s wider stats make depressing reading, as yet again, the marine sector is found lacking. The results of the 2×25 Review have been published today (4 March 2026) […]
MarineMax shareholders have held their annual general meeting, during which they re-elected three directors, CEO William Brett McGill, Odilon Almeida, and Daniel Schiappa, each to serve three-year terms expiring in 2029. The vote, held yesterday (3 March 2026), had been highly anticipated after a series of public statements from two major shareholders, Donerail Group and […]
Marine Accident Investigation Branch (MAIB) has appointed Rob Loder as its new chief inspector, succeeding Andrew Moll OBE, who retired earlier this month after 21 years’ service with the organisation. MAIB is a UK government organisation that investigates all maritime accidents in UK waters and accidents involving UK-registered ships worldwide. Loder takes up the role […]
The DAME Design Awards celebrates its 35th anniversary later this year and has launched its search for this year’s beneficiary of the competition’s significant charitable grant for official charity partner. Qualifying organisations will be committed to good causes of close interest to the industry. These may include charities active in the fields of ocean health, […]
Aquila Catamarans has appointed eight additional dealers to represent its sailing segment following the launch of its first sailboat. The new appointments bring the company’s global dealer network to more than 100 locations. The 50 Sail, Aquila’s first sailboat model, launched at the Miami International Boat Show in early 2026. Previously known for its power […]
Mercury Marine has expanded its Plant 7 manufacturing facility in St. Cloud, Florida. Mercury Marine, a division of Brunswick Corporation, marked the project’s conclusion with a ribbon-cutting ceremony to formally open the additional production space. The extension has added 25,000 square feet of manufacturing capacity and enabled the installation of four additional Surface Mount Technology […]
Read MIN’s latest issue online As Seaquip – a new B2B trade fair for the Mediterranean yacht and marine equipment industry – is held in Milan, this issue explores the Italian marine landscape. Eight manufacturers and suppliers discuss short-term disruption in the current geo-political market, diversification and long-term competitiveness. MIN visits northern Italy to understand […]
Sunseeker International, based in Dorset on the UK south coast, has confirmed that a consortium led by KCP Holdings, in partnership with Lionheart Capital, is set to become the new owner of the company following completion of a debt purchase from existing lenders. The transaction, which includes an agreement to acquire 100 per cent of […]
Following the US-Israel strikes launched in Iran on Saturday (28 February 2026), Iran has retaliated with a wave of attacks across the region. On Monday (2 March 2026), US Secretary of State Marco Rubio said “the hardest hits” on Iran are “yet to come”. The widening conflict has sent oil prices soaring and caused travel chaos […]
Finnish boatbuilder Saxdor Yachts has been acquired by US giant Malibu Boats, in a deal valued at approximately €150 million (USD $175 million). Saxdor will operate as a subsidiary of MBI while maintaining its brand identity and operational autonomy. Founder Sakari Mattila remains head designer Founded in 2019, Saxdor confirms it will continue to operate […]
Twin Vee PowerCats, a US-based manufacturer, distributor and marketer of power sport boats, has reported its financial results for 2025. For the year ended 31 December 2025, net sales were $14.8m, up 3 per cent from $14.4m in 2024. Gross profit was $1.26m, representing a gross margin of 8.5 per cent, compared with a gross […]