“Our second quarter was highlighted by continued improvement in boat margins and a significant reduction in leverage,” says Austin Singleton, executive chairman of OneWater. The company’s fiscal second quarter 2026 highlights show revenue decreased 9 per cent to $442 million and same-store sales decreased 8 per cent while gross profit margin of 23.9 per cent […]
A cyber solutions company has warned that being off the grid is a safety illusion. This comes as tracking data appears to show that there’s been a system in place for passing through the Strait of Hormuz. Latest reports show that at least six ships – a fraction of the usual traffic – crossed the Strait of […]
American Racing Challenger Team USA has appointed Giles Scott as sailing director as preparations continue for the 38th America’s Cup in 2027. Scott, 39, is a British double Olympic gold medallist and four-time Finn Gold Cup winner, and will report to team CEO Ken Read. The team says Scott will help oversee the sailing programme […]
After nearly a decade of protection from bottom trawling and dredging, scientists have recorded a marked resurgence of marine life in a Scottish protected area – evidence, they say, of what is being lost elsewhere. Muddy seabeds, long dismissed as barren, are proving to be anything but. When protected, life recovers rapidly, scientists say. A […]
New Zealand-based boatbuilder Shift Yachts has launched the Shift 54+, its first vessel, a performance cruising catamaran aimed at owner-operators. The company was founded in late 2024 by father-son partnership Paul Hakes and James Hakes, formerly of luxury cat builder HH Catamarans. Shift Yachts says the business draws on the duo’s more-than six decades of […]
In a market shaped by tariffs and geopolitical tension, Brunswick has delivered a confident start to 2026 – beating expectations and reinforcing signs of stability across the global boating sector (see detailed first quarter results below). With sales up 13 per cent and momentum building across propulsion, parts and services, the company is signalling that […]
This article was edited on 30 April 2026 to make it clear that the companies mentioned are acting independently of each other. As the boat show season gears up for another summer, two major UK brokers are taking a different tack. Ancasta and Clipper Marine are individually launching private, appointment-led yacht events this September, reflecting […]
Somerset’s Watchet Marina is undergoing a programme of significant infrastructure improvement, as Western Marinas continues to deliver a series of works to address long-standing issues and rebuild confidence following its acquisition of the site in September 2024. The marina is due to celebrate its 25th anniversary in July and after years of underinvestment, a sweeping […]
Synthetic decking specialist Flexiteek International has launched a new 3D deck designer, a digital platform that lets users view the company’s decking colours in an interactive virtual environment. The platform allows users to visualise Flexiteek marine decking on different boat types, including sailing boats, motorboats, catamarans and other vessels. Users can also test plank and […]
Scanstrut has launched the DS-HSL-01 Starlink Compatible Horizontal Cable Seal for routing cables used with onboard and rooftop electronics. The product is designed for Starlink Gen 3 systems, alongside NMEA, RJ45 and other similar cables. It is intended for use on boats, RVs and overland vehicles, using a horizontal entry design that keeps cables close […]
Saudi Arabia’s emerging yacht charter sector in the Red Sea has taken another step forward, as new licences are issued to expand activity along one of the Kingdom’s most strategically important coastlines. The move signals continued momentum in a market still in the early stages of rapid development. In the current political climate, the Red […]