News

This weekend, the long-standing majority shareholder Aurelius reached a preliminary agreement with the German family entrepreneur Andreas Müller and the CEO Hanjo Runde on a key terms paper. The main ...
Avery Dennison Performance Tapes has introduced a marine bonding portfolio which it says can be used for decking, interior mounting, display mounting, electronics and wire harness securement. The ...
Altea Llakmani, chief executive of FGI Yacht Group. Altea Llakmani is CEO of FGI Yacht Group, a company she launched with Frank Grzeszczak Sr. in 2020. FGI is a bespoke brokerage specialising in ...
Swedish multinational manufacturing corporation Volvo Group has issued its financial results for the first quarter of 2025, with the firm’s CEO hailing an overall “solid performance in an increasingly ...
Electronics giant Garmin has reported its financial results for the first quarter of 2025. Overall, Garmin posted record consolidated revenue of $1.54bn in Q1, an increase of 11 per cent year-on-year.
Awlgrip has released a new product designed to streamline coating applications in the superyacht sector, which the firm says will save time during applications. Awlgrip – part of coatings giant ...
According to Toby Maclaurin, CCO of Ocean Independence: “All yacht shows are, to an extent, optimistic stabs in the dark.” There’s usually a surprise to challenge exhibitors such as weather, transport ...
Brunswick Corporation today reported results for the first quarter of 2025. Consolidated net sales for Q1 2025 are $1,221.8m, representing a 10.5 per cent decline compared to the same period in 2024.
Marine Industry News (MIN) will be taking a break over the Easter weekend, with the office closing from 18 April-21 April. The newsletter will return to your inbox on 22 April. The MIN team wishes all ...
The world’s first electric hydrofoil ferry picks up passenger numbers, cuts commute times and will return after ice melts. So says Candela, the manufacturer behind Stockholm’s electric foiling ...
Dredging has finally got underway after a disastrous pollution incident in August 2024. Around 4,000 litres of contaminant, including highly toxic sodium cyanide and zinc cyanide, leaked into the ...
Fuels of the future and shipping charge points in harbours are the focus of a significant new government strategy to make Britain’s shipping fleet net zero by 2050. Vessels will soon increase the use ...