Seized Amadea up for auction in Septembernews Rob Hodgetts 6 Aug 25 0Seized superyacht Amadea has been put up for auction by US authorities and will be sold on 10 September. Viewings and sealed bids are being… Read more
Oceanco acquired by tech mogul Newellnews Rob Hodgetts 1 Aug 25 0Dutch custom superyacht builder Oceanco has been acquired by American tech mogul Gabe Newell, ending the 15-year ownership of the Barwani family. Newell, the co-founder… Read more
MarineMax third quarter revenues dips on weak retail environmentnews Fayaz Hussain 28 Jul 25 0Florida-based MarineMax announced financial results for the third quarter wherein it reported revenue of $657m, down 13% year-over-year from $757.7m in the same period of… Read more
Oyster appoints Zimmermann Zschocke as CEOnews Rob Hodgetts 15 Jul 25 0Luxury sailing yacht manufacturer Oyster Yachts has appointed Stefan Zimmermann Zschocke as its new CEO. He will take the helm of the British brand in… Read more
Crew murder renews calls for background checksnews Rob Hodgetts 11 Jul 25 0The murder of a young crew member on board a superyacht in the Bahamas has renewed calls for rigorous background checks as standard in the… Read more
Lürssen brings up 150 years of yacht buildingnews Rob Hodgetts 27 Jun 25 0German superyacht shipyard Lürssen celebrates its 150th anniversary this year having been founded on 27 June 1875. The company was founded by 24-year-old Friedrich Lürssen… Read more
Sunseeker to shed 200 jobs in restructurenews Rob Hodgetts 25 Jun 25 0UK yacht builder Sunseeker is to restructure its business with the loss of about 200 jobs in response to a “softening global demand” caused by… Read more
Roadmap urges yachting to reach net zero by 2050news Rob Hodgetts 17 Jun 25 0Businesses across the lifecycle of superyachts are being urged to get on board with a quest to achieve net zero by 2050. A voluntary charter… Read more
Highfield to step down as Oyster Yachts CEOnews Rob Hodgetts 13 Jun 25 0Oyster Yachts CEO Ashley Highfield is to stand down in the autumn and will be replaced by a figure from the marine manufacturing industry. Highfield… Read more
Ferretti ends first quarter with record backlognews Fayaz Hussain 21 May 25 0Italian yacht maker Ferretti reported a record order backlog of €1.8bn in its first-quarter results for 2025. That marks an increase of 7.6% year-over-year while… Read more
Feadship Resale scores first two successesnews Rob Hodgetts 16 May 25 0Feadship has made its first two sales through the recently established Feadship Resale service. The two yachts are the 75.75m ONE (built in 2025), which… Read more
Sanlorenzo first quarter revenue jumps 9.6%YoYnews Fayaz Hussain 15 May 25 0Italian yacht builder Sanlorenzo reported a sharp increase in revenue of 9.6% year-over-year to €213.5m attributable to the “excellent performance” of the company’s superyacht segment.… Read more
Bayesian: ‘Vulnerabilities’ in stability an issuenews Rob Hodgetts 15 May 25 0The sinking of the Bayesian was due in part to extreme winds and “vulnerabilities” in the yacht’s stability, according to an interim report by the… Read more
MarineMax posts record $631m Q2 revenuenews Fayaz Hussain 25 Apr 25 0Florida-based MarineMax reported financial results for second-quarter revenue of $631.5m, up by 8.3% year-over-year as the company managed to boost revenue from retail operations. Revenue… Read more
De Vries to retire as Feadship directornews Rob Hodgetts 24 Apr 25 0Feadship figurehead Henk de Vries III will retire as director of the company and CEO of Koninklijke De Vries Scheepsbouw on 1 May 2025. De… 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
Antigua to challenge US judge in Alfa Nero sale rownews Rob Hodgetts 20 Mar 25 0Antigua is set to challenge the jurisdiction of the US federal judge who granted permission for subpoenas to access the financial records of government officials… Read more
Fort Insurance to acquire YachtSafe Globalnews Rob Hodgetts 17 Mar 25 0Fort Insurance is in advanced discussions to acquire YachtSafe Global LLC, a Florida-based insurance broker. The Antibes, France-based superyacht broker will promote YachtSafe director Dylan… Read more
Hill Dickinson, Alley Maass unite for ‘competitive edge’news Rob Hodgetts 12 Mar 25 0The phrase “think global, act local” has been knocking around for decades but it neatly sums up the new alliance between superyacht law firms Hill… Read more
Seized yacht Amadea closer to auctionnews Rob Hodgetts 12 Mar 25 0The US Justice Department has moved closer to gaining the forfeiture of superyacht Amadea which was seized in 2022 because of alleged ownership by sanctioned Russian oligarch Suleiman… Read more