French lawmakers vote to retain controversial superyacht tax
French lawmakers have voted to maintain a ‘superyacht tax’, keeping in place a levy that has reportedly produced only...
Marine finance
Flux Marine raises $15m to scale electric propulsion technology
US marine propulsion firm Flux Marine has announced a $15m funding injection to scale production of its all-electric marine...
AkzoNobel to acquire rival Axalta in $9.2bn coatings deal
Dutch paint and coatings giant AkzoNobel has agreed to acquire its smaller rival, Axalta Coating Systems, in a cross-border...
MarineMax reports Q4 and full-year 2025 results
MarineMax has released its financial results for the fourth quarter and full year ended 30 September 2025. For the...
Qatari investment firm acquires majority stake in German boatbuilder
Al Masdar Investment, a Qatari investment firm chaired by Sheikh Saud bin Abdulaziz Al-Thani, has acquired a 63 per...
Sanlorenzo Q3 2025 results show rapid growth in order intake
Sanlorenzo has reported an 18.4 per cent year-on-year increase in order intake for the first nine months of 2025,...
Canada to cut luxury tax on boats
Canada’s 2025 federal budget includes a commitment to remove the luxury tax on private planes and boats, which was...
Sunseeker secures new capital investment following restructuring
Sunseeker International, based in Poole, Dorset, on the UK south coast, has confirmed that it will receive new capital...
Twin Vee sells former Forza X1 site for $4.25m
Twin Vee PowerCats has completed the sale of its commercial property in Marion, North Carolina, previously intended for a...
Princess Yachts confirms new wave of potential redundancies
UK boatbuilder Princess Yachts has warned that a reduction in orders means it is making cutbacks that could lead...
Beneteau Q3 2025 results show recovery signs
Groupe Beneteau reported revenues of €171m for the third quarter of 2025, down 3 per cent at constant exchange...
