Ferretti Group announces new CEO as Q1 orders slownews Fayaz Hussain 18 May 26 0Italian yacht maker Ferretti Group has appointed Stassi Anastassov as its new CEO while reporting an 8% year-over-year decline in revenue. Anastassov, who takes over… Read more
Sanlorenzo: superyachts and Americas drive Q1 revenue growthnews Fayaz Hussain 14 May 26 0Sanlorenzo generated net revenues from new yachts of €222.1m in the first quarter of 2026, up 4.0% year-on-year. It is the Italian shipbuilder’s seventh consecutive… Read more
MarineMax posts $527m revenue as new boat sales tumblenews Rob Hodgetts 24 Apr 26 0Recreational yacht and boar retailer MarineMax posted a 16% year-over-year decline in revenue owing to high base effect from last year’s second quarter sales which… Read more
Sanlorenzo posts €960.4m revenue in 2025; turns around Nautor Swannews Fayaz Hussain 18 Mar 26 0Italian luxury yacht builder Sanlorenzo said revenues are unlikely to be affected by the war in the Middle East as the company posted 3.2% year-over-year… Read more
Ferretti ‘overperforms’ in 2025 as revenues hit €1.2bnnews Fayaz Hussain 5 Mar 26 0Italian yacht maker Ferretti Group outperformed the market in 2025, leading the composite and made-to-measure market and registering a 5% year-over-year growth in revenue to… Read more
MarineMax announces $100m stock repurchase plannews Fayaz Hussain 5 Mar 26 0Florida-based recreational boat and yacht retailer MarineMax announced a stock repurchase plan to mitigate the dilutive effect of restricted stock. The company said that, as… Read more
MarineMax bid a ‘viable path forward’news Rob Hodgetts 23 Feb 26 0MarineMax should engage with Donerail’s recent acquisition bid as well as running “strategic alternatives” to maximise shareholder value, according to top-10 shareholder Levin Capital. Activist… Read more
MarineMax receives unsolicited interest from Donerailnews Rob Hodgetts 3 Feb 26 0MarineMax says it has received an unsolicited, non-binding indication of interest from The Donerail Group to acquire all of the company’s outstanding common shares for… Read more
TISG sues widow of Bayesian owner Lynchnews Rob Hodgetts 22 Jan 26 0Bayesian builder The Italian Sea Group has reportedly filed a €456m lawsuit against the widow of British tech tycoon Mike Lynch who died along with… Read more
Sunseeker CEO Frabetti stands downnews Rob Hodgetts 5 Dec 25 0Sunseeker CEO Andrea Frabetti has stepped down with immediate effect “by mutual agreement”, the UK yacht builder said in a statement. Scott Millar of Teneo… Read more
Burgess investment a sign of ‘optimism’ – Cecil-Wrightnews Rob Hodgetts 21 Nov 25 0Burgess’ investment from US private equity firm Ancient is a sign of “optimism for growth” in the superyacht industry, according to Chris Cecil-Wright, founder of… Read more
Feadship’s Verkuyl elected SYBAss presidentnews Rob Hodgetts 21 Nov 25 0Feadship Royal Van Lent CEO Jan-Bart Verkuyl will take over as president of the Superyacht Builders’ Association (SYBAss) following recent elections and board meetings. Verkuyl… Read more
Sunseeker quashes CEO Frabetti exit reportsnews Rob Hodgetts 19 Nov 25 0Sunseeker has sought to quash rumours boss Andrea Frabetti is to leave the company after six years with a statement saying he “remains the CEO”.… Read more
Eximia Global appoints Porter as senior managernews Rob Hodgetts 17 Nov 25 0Corporate services provider Eximia has appointed yachts and jet expert James Porter as a senior manager. The company, based in the Isle of Man, offers… Read more
‘A symphony behind closed doors’: Inside the rise of Kitson Yachtsnews Rob Hodgetts 17 Nov 25 0If you doubt the role of social media in modern superyacht transactions, you might want to listen to US broker Brandon Kummer. The co-founder of Kitson… Read more
MarineMax earnings marred by challenging environmentnews Fayaz Hussain 17 Nov 25 0Recreational boat and yacht retailer MarineMax reported a dismal end to the fiscal year as the company’s total revenue shrank by 4.8% year-over-year to $2.3bn… Read more
Sanlorenzo reports strong profitability as margins stabilisenews Fayaz Hussain 14 Nov 25 0Italian luxury yacht maker Sanlorenzo posted a stellar 3.2% year-over-year growth in new revenue from yachts to €690m owing to excellent performance in the Superyacht… 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
Ferretti Group sees nine-month profits tumblenews Rob Hodgetts 27 Oct 25 0Italian yacht maker Ferretti Group saw its nine-month profits fall to €61m ($71m) from €62.2m last year as 2025 shows a tale of two markets… 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
