Beneteau to close US factory and sell Four Winns, Glastron and Scarab Jet brands
Groupe Beneteau has confirmed it is to halt production at its Michigan facility and divest the Four Winns, Glastron...
Marine finance
The Italian Sea Group: Florence court accepts appeals from five shipowners
The Court of Florence in Italy has decided that five yacht owners are no longer covered by protective measures...
Lookout forms advisory board following latest funding round
Lookout – a firm specialising in artificial intelligence for marine safety – has completed a new funding round backed...
AkzoNobel shares plummet as Nippon Paint and Sherwin-Williams offer withdrawn
Nippon Paint Holdings and Sherwin-Williams have issued a joint statement confirming that the companies are no longer pursuing a...
BRP posts 29% increase in first-quarter revenue
BRP – maker of Sea-Doo watercraft – reported revenues of CA$2.39bn (US$1.7bn) for the first quarter of fiscal 2027, ended...
Camper & Nicholsons to change hands in €50m deal linked to Chinese venture
Camper & Nicholsons is set to change hands after Lai Sun Development agreed to sell an initial 80 per...
AkzoNobel rejects €13bn takeover bid
Global paint and coatings giant AkzoNobel has rejected a conditional and non-binding proposal from Nippon Paint Holdings Co. and...
The Italian Sea Group shares plunge as losses breach legal threshold
The Italian Sea Group (TISG) has outlined a turnaround plan that may include the disposal of non-core real estate...
EU Commission publishes recreational craft VAT guidance
European Boating Industry (EBI) and European Boating Association (EBA) have welcomed new guidance from the European Commission covering the...
Ferretti Group Q1 2026 results show lower revenue and orders
Ferretti Group has approved its unaudited consolidated financial information for the period ending 31 March 2026, reporting lower revenue...
West Marine files for bankruptcy protection in Delaware
US-based boat retailer West Marine has filed for Chapter 11 bankruptcy protection in Delaware, according to a court filing....
