Twin Vee withdraws plan to sell new stock to investors
Twin Vee PowerCats, a US-based manufacturer, distributor and marketer of power sport boats, has withdrawn a previously proposed public...
Marine finance
The Italian Sea Group files criminal complaint against former executives
Giovanni Costantino, CEO of The Italian Sea Group and GC Holding, has filed a criminal complaint acting both in...
Weichai rejects media ‘speculation’ over Ferretti governance
Ferretti International Holding (FIH), the holding company owned by Ferretti Group’s controlling shareholder Weichai Group, has issued a statement...
Boating and fishing are main drivers of $1.3tn US outdoor recreation economy, new data shows
New data from the US Department of Commerce’s Bureau of Economic Analysis (BEA) indicate that recreational boating and fishing...
Sanlorenzo reports positive FY 2025 results and order growth
Sanlorenzo has reported financial results for the year ended 31 December 2025, with net revenues from the sale of...
The Italian Sea Group launches overspending probe amid ‘financial crisis’
The Italian Sea Group (TISG) has launched an independent forensic investigation into ‘unauthorised’ overspending, two weeks after the firm...
Sunseeker acquired by KCP-led consortium as new CEO named
Sunseeker International, based in Dorset on the UK south coast, has confirmed that a consortium led by KCP Holdings,...
Twin Vee returns to revenue growth in 2025 as losses narrow
Twin Vee PowerCats, a US-based manufacturer, distributor and marketer of power sport boats, has reported its financial results for...
Lippert reports ‘strong’ 2025 full-year and Q4 results
US-based component maker LCI Industries, which operates under the Lippert name, has reported its financial results for the fourth...
MarineMax attracts further buyout interest, sources say
Private equity firms, including Centerbridge Partners, Blackstone and wealthy individuals, have expressed interest in buying MarineMax, according to three...
Fintech platform Magic aims to reshape dinghy ownership model
Performance Sailcraft team launches Magic – a new fintech platform designed to reduce financial barriers in dinghy sailing. The...
