MarineMax refinances $1.49bn in credit facilitiesnews Fayaz Hussain 1 Jul 26 0MarineMax has completed the refinancing of its $1.49bn senior secured credit facilities, cutting borrowing costs and pushing its debt maturity out by five years to… Read more
Reckoner set to fill ‘screaming gap’ in yacht financeopinion Rob Hodgetts 1 Jul 26 0He describes it as a “screaming gap” in the market. He’s talking about superyacht finance for new builds in the 30-85m range and John Stephens… Read more
Why new-build finance and Vinted are alikeopinion Rob Hodgetts 8 Jun 26 0Teens and other skinflints (or canny recycling fans, depending on your perspective) are fond of “pre-loved” clothing platforms like Vinted. Zebra-print trousers and a pink… Read more
WATCH: ‘Inside tripartite agreements’video Rob Hodgetts 17 Mar 26 0The dynamics of tripartite agreements between shipyard, financier and manager. Read more
Sunseeker receives capital investment to boost growthnews Rob Hodgetts 4 Nov 25 0Sunseeker has shored up its financial position ahead of future growth plans with new investment from its lenders Cheyne Capital and Cross Ocean Partners. The… Read more
CdM announces new majority shareholdernews Rob Hodgetts 17 Oct 25 0Italian superyacht builder Cantiere delle Marche (CdM) has announced that CLP2, the holding company controlled by Giovanni Cagnoli through Carisma and the Loro Piana family,… Read more
WATCH: ‘Crypto in yachting’video Rob Hodgetts 13 May 25 0Why crypto is an efficient and growing payment system in superyacht transactions. Read more
WATCH: ‘Opportunities for alternative yacht finance’video Rob Hodgetts 23 Apr 25 0Alternative financiers discuss the landscape and lending criteria for superyacht clients. Read more
WATCH: ‘Handling modern yacht payments’video Rob Hodgetts 23 Apr 25 0How to make yacht payments more efficient and transparent for all parties. Read more
WATCH: ‘Engineering cross-border transactions’video Rob Hodgetts 13 Apr 25 0Eric Lewin, CEO, AIC Global Solutions uses the aviation industry as a case study. Read more
Heesen Yachts acquired by Dutch entrepreneurnews Mike Stones 7 Apr 25 0Dutch entrepreneur and investor Laurens Last has completed the full acquisition of Heesen Yachts in a move that secures the yacht builder’s future and reinforces… Read more
How Trumponomics could spark ‘bucking of trend’opinion Rob Hodgetts 31 Mar 25 0Some people like their coffee black. Others with a splash of milk. Or lots. Or cream. Some like the whole coffee scene but not so… Read more
Abramovich tale fires warning to gamers of the systemopinion Rob Hodgetts 6 Feb 25 0Revelations into alleged attempts by Roman Abramovich to dodge tax due on his fleet of superyachts could be causing quiet alarm and sending out shockwaves… Read more
Ferretti scores record backlog, revenues rise 3.8%YoYnews Fayaz Hussain 13 Nov 24 0Net revenue from new yacht sales by Ferretti increased 3.8% year-over-year to €865.3m in the first nine months of 2024, according to financial information released… Read more
MarineMax reports lower Q4 earnings, issues cautious outlooknews Fayaz Hussain 31 Oct 24 0Florida-based recreational boat and yacht retailer MarineMax reported its fourth-quarter revenue decreased by 5% to $563.1m, down from $594.6m in the same period of the… Read more
Why ‘old war horses’ need to ‘wake up’ to cryptoopinion Rob Hodgetts 17 Oct 24 0Yacht companies need to “wake up and address” a growing tide of clients keen to use crypto for sales and charter transactions, according to Giles… Read more
MarineMax beats revenue estimates in 3Qnews Rob Hodgetts 26 Jul 24 0MarineMax, the world’s largest recreational boat, yacht and superyacht services company, reported financial results for the third fiscal quarter of 2024, posting revenue of $757.7m,… Read more
Monaco added to anti-money laundering ‘grey list’news Rob Hodgetts 28 Jun 24 0Monaco has been added to the anti-money laundering “grey list” of countries subject to increased monitoring. The principality is deemed to have “strategic deficiencies” in… Read more
Feeling the fear, doing it anyway – Ikonic risesopinion Rob Hodgetts 21 Jun 24 0Clambering over the guard rail of the Perrine bridge 500ft above the Snake River, every nerve ending screamed at him not to do it. This… Read more
IYC links up with Bitcashier as crypto partnernews Rob Hodgetts 11 Jun 24 0Brokerage house IYC has partnered with crypto payment company Bitcashier to offer sales and charter clients a straightforward digital currency solution. The link-up will provide… Read more
