Czech investment group KKCG has raised its voluntary offer to increase its stake in Italian yacht builder Ferretti, lifting the proposed price to €3.90 per share in an attempt to encourage greater shareholder enthusiasm over the transaction. KKCG has reportedly been preparing to propose a shareholder vote to oust directors with connections to Weichai Group. The […]
As insurers address the impact of Marpol Annex V requirements on policies, it’s time for marina operators and leisure boat owners to understand their obligations regarding compliance. This includes those who have – incorrectly – assumed that Marpol requirements apply only to commercial vessels. Why Marpol matters Marpol is the International Convention for the Prevention […]
Spanish tennis player Carlos Alcaraz has signed a contract with Sunreef Yachts for the construction of a customised Sunreef Ultima 88, understood to be his first yacht purchase. The Spanish tennis player, a multiple Grand Slam winner and current world number one, says he selected the 27-metre model after considering options that would provide space […]
BRP – maker of Sea-Doo watercraft – has reported its financial results for the three- and 12-month periods ended 31 January 2026. All figures are in Canadian dollars, unless stated otherwise. In 2024, BRP decided to sell its marine businesses and to double down on its powersports activities, in a bid to boost near-term profitability. Revenues […]
Suzuki Motor Corporation will allow royalty-free use of 34 patents related to its outboard motor microplastic collecting device, including pre-grant phase applications. This marks the first time in the company’s history that it is waiving licence fees for its own technology. Through this decision, Suzuki says it hopes to further accelerate efforts to improve the […]
C2 Marine, a marine dealer in the south of France, is becoming a ‘Vetus Centre’, supporting Vetus (part of the Yanmar Marine Recreational Business Unit) across the Pyrénées-Orientales, Aude and Haute-Garonne regions. C2 Marine will oversee all the sales outlets within these areas. C2 Marine has been a Yanmar Marine International dealer for over 25 […]
Clipper Marine has appointed Smart Boat Sales Limited as a sub-dealer for Bavaria Yachts (power) and Greenline Yachts on Loch Lomond in southern Scotland. Smart Boat Sales, founded by Erin and Lewis Heath, operates on Loch Lomond and focuses on boat sales and customer support for leisure boaters using the loch and surrounding waters. Through […]
UK-based political activist group Led by Donkeys has ‘renamed’ the superyacht owned by the world’s sixth richest man, Larry Ellison, in protest of his support of Donald Trump and growing control over US media. The group, known for its large-scale guerrilla-style protests, has released footage showing its members approaching Ellison’s 88-metre Feadship vessel, Musashi, which was […]
The V&A Waterfront in Cape Town has announced a R230m (US$13.5m) investment in a purpose-built superyacht marina. The Quay 7 Superyacht Marina will be located within Cape Town harbour, in front of the Cape Town Edition hotel. Construction is scheduled for completion in October 2026. The project will expand capacity for servicing visiting vessels and […]
The London High Court has ruled that the estate of technology entrepreneur Mike Lynch must pay about $1.24bn (£920m) in damages and interest to Hewlett-Packard Enterprise (HPE), bringing a long-running civil dispute over the 2011 sale of Autonomy closer to a conclusion. Justice Hildyard delivered the judgment, building on earlier findings that Lynch and Autonomy’s […]
Nautor Swan has started construction of the Swan Alloy 44, a 43.5-metre aluminium sailing yacht. The project is the largest sailing yacht built by the Finnish shipyard and the first aluminium yacht produced in its 60-year history. The yacht is the first model in the Swan Alloy series, a range of aluminium sailing yachts above […]