Sanlorenzo outlines 2026-2028 business plan and Q1 results
Italian boatbuilder Sanlorenzo has presented its 2026-2028 business plan alongside consolidated financial results for the first quarter of 2026....
Marine finance
CLP2 completes acquisition of Cantiere delle Marche
Italian shipyard Cantiere delle Marche has completed a shareholder transition, with CLP2 taking a majority stake following the exit...
Beneteau Q1 2026: Revenue rises despite ‘marked slowdown’ since Middle East conflict
Groupe Beneteau has reported revenues of €169.5m for the first quarter of 2026, an increase of 30.1 per cent...
Retailer West Marine prepares for possible bankruptcy
US-based boat retailer West Marine could be preparing to file for bankruptcy, according to reports in Bloomberg. The news...
MarineMax posts loss for Q2 2026 as revenue declines
MarineMax has reported financial results for its fiscal 2026 second quarter ended 31 March 2026. The company posted revenue...
AkzoNobel reports Q1 2026 results amid ‘turbulent market’
Global paint and coatings giant AkzoNobel has reported its first-quarter 2026 results. Organic sales decreased by 1 per cent...
Hinckley acquires Port of Egypt Marine in New York
Hinckley, an American yacht builder and marine service company, has acquired the full-service marina and boat dealership, Port of...
X Shore ‘back and fully operational’ with new ownership
Swedish electric boatbuilder X Shore has secured new ownership, with the firm once again fully operational after its bankruptcy....
Stonepeak acquires Southern Marinas in recapitalisation deal
US-based marina operator Southern Marinas has completed a recapitalisation through a sale by affiliates of KSL Capital Partners, LLC...
Wolz Nautic acquires alternative decking maker Tesumo
Deutsche Yachten member Wolz Nautic has acquired all shares in marine decking manufacturer Tesumo GmbH & Co. KG. Custom...
The Italian Sea Group appoints CFO amid ongoing audit
The Italian Sea Group has appointed Fabio Zanobini as the manager responsible for preparing the company’s financial reports. Zanobini...
