A Plymouth boat refit company, established by two ex-Princess Yachts employees, has gone into liquidation, with debts of more than £600,000 likely to remain unpaid. Yacht Solutions Europe Ltd, based at the Turnchapel Wharf marine business park, specialised in marine refit and repair services including yacht engineering and retrofitting, plus custom carpentry and upholstery. The […]
RAD Propulsion, a UK-based developer of electric marine propulsion systems, has completed a £4.4m funding round to support the development of autonomous vessel technologies for defence and commercial applications. The funding round was led by Mercia Ventures and follows a period in which the company and introduced Axon, its open systems architecture for uncrewed and […]
German electric propulsion manufacturer Molabo and Team Malizia have extended their technical partnership with the integration of a second Molabo hybrid-electric propulsion system into Malizia’s newly launched IMOCA yacht. The new installation builds directly on the data and operational experience gained from the first Molabo system deployed aboard Malizia-Seaexplorer. According to Team Malizia technical consultant Jesse Rowse, […]
Aviation and luxury services specialist Sparfell Group has acquired a strategic equity stake in Neo Yachting, marking a formal partnership between the two luxury asset management firms. The move is designed to expand Sparfell’s international footprint as a provider of fully integrated services to high-net-worth clients. Founded and led by Nicolas Valin, Neo Yachting brings […]
Moniga Porto Nautica, one of the leading full-service marinas on Lake Garda, is now part of Balmaris, a newly established collection of boutique marinas across Europe. Balmaris has been established by Baltisse, the investment holding of the Balcaen family, with Moniga Porto Nautica marking the first acquisition of the newly established marina group. Balmaris has […]
Brabus and AB Yachts, part of Next Yacht Group, have announced a partnership to develop a new range of luxury yachts under the Brabus name. Brabus is a German-based brand specialising in high-performance tuning and luxury mobility. The first model from the partnership with AB Yachts is due to make its world debut at the […]
Brunswick Corporation has entered into a licensing partnership with Changes Inc. that will bring selected brands from its marine portfolio into mainstream retail through licensed apparel. The first launch under the agreement is a limited-edition Boston Whaler collection featuring graphic T-shirts and sweatshirts. The range will be available online and in Abercrombie & Fitch stores […]
Dutch boatbuilder Alumax Amsterdam officially inaugurated its new aluminium shipbuilding site in Vietnam’s northern Bac Ninh province on 1 July. The facility is the first shipyard in Vietnam to operate using technology, designs and manufacturing processes transferred directly from the Netherlands. The new plant marks a significant step forward for Vietnam’s domestic shipbuilding industry. Production […]
Dutch yacht builder Van der Valk Shipyard has appointed Evan Kortmann as its new chief executive officer. He succeeds Enrico Theuns, who has led the company since 2023 through a period of organisational restructuring, market growth and an ownership transition. Kortmann joins the management team alongside technical director Bram Kooltjes and commercial director Yoeri Bijker. […]
Chinese electric propulsion specialist ExploMar will introduce its Smart Captain System and Smart Fleet Platform at the 2026 Monaco Energy Boat Challenge, taking place from 8 to 11 July. The company says the launch marks an expansion of its offering beyond electric propulsion systems into digital vessel control and fleet management technologies. As electric propulsion […]
Stralsund-based boatbuilder Pioneer Yachts has launched the first unit of its PY60 solar-electric catamaran, marking a major production milestone for the brand just two years after its founding. Named Pioneer One, the 18-metre vessel will now undergo extensive sea trials to validate its performance under real operating conditions ahead of its world premiere at the […]