SilverCAT embraces crypto for first European sale
Power catamaran builder SilverCAT has completed its first cryptocurrency-backed sale in Europe, highlighting a shift in how the marine...
Marine finance
Read all the latest news about marine finance including companies’ financial results, funding and beneficial partnerships.
US recreational boating spending reaches $55.6bn in 2024
The National Marine Manufacturers Association (NMMA) has published its 2024 Total Industry Sales by Category and State Report, part...
Turkey imposes 8% tax on yachts and leisure vessels
Turkey has introduced an 8 per cent Special Consumption Tax (SCT/ÖTV) on yachts, motorboats and other leisure vessels, ending...
Azimut-Benetti reports €1.5bn revenue forecast and €2.5bn order log
In a statement posted this morning, Italy’s Azimut-Benetti Group says it expects to close the 2024/2025 nautical season with...
MasterCraft reports strong Q4 in fiscal 2025 results
MasterCraft Boat Holdings has reported financial results for its fourth quarter and full year ended 30 June 2025. The...
OneWater Marine posts solid Q3 2025 earnings
US marine retailer OneWater Marine has reported its financial results for the fiscal third quarter ended 30 June 2025,...
Marine group wins against Lloyd’s of London Syndicate
California-based Wing Group (which manufactures life jackets, boats, and other safety equipment) says it has secured what it’s deeming...
Garmin reports Q2 growth across all segments
Garmin has reported its financial results for the second quarter ending 28 June 2025, highlighting double-digit growth across all...
Gulf Craft introduces crypto payments for yacht purchases
Gulf Craft has introduced a regulated crypto payment system for yacht and leisure craft purchases, service and refit work....
Beneteau reports 16% sales decline for H1 2025
Groupe Beneteau has reported first-half 2025 revenues of €403.8m, a decline of 27.5 per cent compared with €556.6m in...
Brunswick Q2 2025: Earnings drop amid production and tariff pressures
Brunswick Corporation has announced its financial results for the second quarter of 2025. Earnings have taken a dive across...
