Cecil Wright sues Revolut founder for €17.5mnews Rob Hodgetts 4 Aug 26 0Chris Cecil-Wright says the “strength of my conviction” is leading him to sue the founder of Revolut for €17.5m for lost commission on a superyacht… Read more
Ferretti Group revenue falls 5.6% as superyacht orders dry upnews Rob Hodgetts 3 Aug 26 0Ferretti Group, the Italian luxury yacht maker behind brands including Riva, Pershing and CRN, reported a challenging first half of 2026 as superyacht order intake… Read more
MB92 Barcelona gets €40m funding, 10-year extensionnews Rob Hodgetts 31 Jul 26 0Superyacht refit and repair firm MB92 Barcelona has received a 10-year extension of the existing shipyard concession and an increase in the shipyard area following… Read more
Sunseeker names Millar as new CEOnews Rob Hodgetts 29 Jul 26 0Sunseeker has appointed Scott Millar as its CEO as part of an ownership restructure. Millar takes over from interim boss Steve Timms as Cross Ocean… Read more
MarineMax Q3 revenue falls 7%; gross margins hit multi-year highnews Rob Hodgetts 29 Jul 26 0MarineMax reported third-quarter revenue of $611.3m, down 7% year-on-year from $657.2m in the prior-year period, as continued softness in recreational boat retail weighed on same-store… Read more
Sanlorenzo interested in swoop for The Italian Sea Groupnews Rob Hodgetts 28 Jul 26 0Sanlorenzo is interested in joining a consortium planning to acquire beleaguered yacht brand The Italian Sea Group (TISG). TISG, which owns Admiral, Tecnomar and Perini Navi,… Read more
Suitors jostle in race to buy MarineMaxnews Rob Hodgetts 25 Jul 26 0Investment companies Blackstone, Donerail and Centerbridge are in the frame to buy the US yacht retail giant MarineMax. The three firms are in the final… Read more
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
Batchelor joins JB Capital Group as partnernews Rob Hodgetts 19 Jun 26 0Leon Batchelor has joined superyacht and business jet finance arranger JB Capital Group as a partner and director. The Briton joins from Eden Park Capital,… Read more
Wave Expandary buys stake in Camper & Nicholsonsnews Rob Hodgetts 1 Jun 26 0Hong Kong-listed Lai Sun Development (LSD) has agreed to sell an 80% stake in luxury superyacht services firm Camper & Nicholsons International for €40m (approximately… Read more
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