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 […]
RAD Propulsion, a UK-based developer of electric marine propulsion systems, has appointed Charged Marine to support its expansion in the North American market. The appointment follows the opening of a RAD Propulsion office in Charleston, South Carolina, towards the end of 2025, marking the firm’s entry into the US market. Charged Marine is a US-based […]
A 13-year-old boy has been credited with saving the lives of his mother and two younger siblings after swimming for four hours through rough seas to raise the alarm when the family was swept out to sea off Western Australia. The Appelbee family – mother Joanne, 13-year-old Austin, 12-year-old Beau and 8-year-old Grace, were holidaying […]
Marine retailer and marina operator MarineMax has issued a statement after reports of a potential acquisition. On Tuesday (3 February 2026), it emerged that US hedge fund Donerail Group had offered to buy MarineMax for $35 per share in an all-cash deal. The deal would value the company at just over $1bn. Several hours later, […]
The global marine industry is entering 2026 with a blend of cautious optimism and hard-edged realism. Across the sector, leaders paint a picture of a market slowly recovering but still wrestling with tariffs, cash pressures and uneven consumer demand. Electric propulsion is gaining momentum, the rental and experience economy is strong in marine but fighting […]
Swedish leisure motorboat manufacturer Nimbus Group reported lower sales and earnings for the fourth quarter and full year 2025, reflecting weaker demand in several markets and the impact of restructuring measures. For the fourth quarter, covering October to December 2025, net sales amounted to SEK 233m (US$25.63m), a decrease of 15 per cent compared with […]
Twin Vee PowerCats has launched Black Line Defense, a wholly owned subsidiary focused on crewed and autonomous maritime platforms for defence and government use. The Florida-based firm says the new subsidiary will support programmes across federal, state and municipal agencies that require mission‑ready vessels. “We believe that Twin Vee has the right foundation to compete […]