Luxury builder of Grand Banks, Palm Beach, and Eastbay yacht brands, Grand Banks Yachts Limited has posted its financial results for the six months ending 31 December 2025 (1H FY2026) with sales rising but profits dropping 60 per cent. Grand Banks reports a 6.2 per cent increase in revenue to S$71.4 million for 1H FY2026 […]
‘Bullets of wind’, and ‘shifty, wacky conditions, like Mario Kart’ formed the backdrop for the catastrophic collision between two SailGP teams on the opening day of the ITM New Zealand Sail Grand Prix, Auckland. The incident occurred on 14 February in SailGP’s largest-ever purpose-built stadium — which has been noted as ‘disrupting’ the breeze by […]
The African Boating Conference 2026 is scheduled to take place in Cape Town on 20 and 21 October. The event follows the inaugural edition in October 2025, which reached full capacity. The two-day conference is focused on Africa’s boating, marina and blue economy sectors and is structured as a platform for industry participants to examine […]
GoBoat Australia has been acquired by d’Albora Marinas, a marina and hospitality network with 16 locations along Australia’s east coast. Self-drive boat rental company GoBoat was founded in 2017 by Nick Tyrrell on Lake Burley Griffin in Canberra. The company operates self-drive electric picnic boats across multiple locations and currently operates at d’Albora Cabarita Point, d’Albora […]
Dallas-headquartered Suntex Marina Investors, in partnership with Centerbridge Partners and its affiliates, has acquired Eagle Point Marina in Lewisville, Texas. This acquisition marks Suntex’s third Lake Lewisville marina, joining Hidden Cove Marina in Frisco, Texas and The Tribute Marina, currently under construction, in The Colony, Texas. Eagle Point Marina boasts 600 wet slips, a fuel […]
A $60 million investment is reshaping the SailGP grid. American Magic, co-founded by Doug DeVos, has acquired Rockwool Racing in a significant ownership move which signals fresh momentum for the Danish team and renewed confidence in SailGP’s commercial trajectory. Illustrating that America can purchase at least one thing that comes under the banner of Danish […]
When 23 Oyster yachts set out to circle the globe, they won’t be sailing alone. Behind them is a round-the-clock support operation, a recently appointed chief executive stepping into one of the brand’s most complex undertakings and, this time, the company’s owner’s embarking on the full 27,000-mile adventure with his young family onboard. “I’m happy […]
East Cowes Marina is now part of the Premier Marinas South Coast network. That’s been growing at quite a pace; Premier Marinas is the owner and operator of Sovereign Harbour (Eastbourne), Brighton, Chichester, Southsea, Port Solent, Trafalgar Wharf (Portsmouth Harbour), Gosport, Haslar (previously Boatfolk), Swanwick and Universal marinas on the Hamble, Noss on Dart, and […]
Sarnico-based Besenzoni is expanding its international presence in 2026. Nauticsud, Miami, Seaquip, Palm Beach and Dubai are among the key events of the coming months. The idea behind this push is to consolidate the brand’s presence in foreign markets and enhance the quality of services provided to shipyards, owners and yachting professionals. It’s all part […]
Aldhaen Boats has taken a decisive step onto the European stage, using boot Düsseldorf as a launchpad for what it describes as a long-term growth strategy. The Bahrain-based builder not only showcased its 41-foot DB 380SC to a new audience, but secured its first European sale — a signal that its blend of performance engineering […]
Norwegian investment company AWC has entered into an agreement to acquire 82 per cent of the shares in Sleipner Motor, a Norwegian marine thruster and stabiliser specialist. The agreement establishes a majority ownership structure in which AWC will hold 82 per cent. Sleipner CEO Ronny Skauen will increase his ownership stake to 16 per cent. […]