Company News – Page 57
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New SA builder seeks to expand following Class 40 bonanza
Cape Racing Yachts has already delivered four yachts and a fifth is under negotiation
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Formation of Gulf Craft Group reflects growing business
New refit facility and stock listing planned for the future
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Expedition Zero sets sail on Northwest Passage journey
The inaugural voyage is scheduled for August 2026 in partnership with Wavysail
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Rapid Marine appoints sole Italian distributor
Versilia Supply Service to exclusively represent UK tender accessories supplier in Italy
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C-MAP updates North America cartography
New chart data includes greater detail, upgraded satellite imagery and new clearance data for bridges and locks
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The Dock Bench Company sold
Goldner Marine to streamline manufacturing and develop a robust dealer network
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Southern Wind launches fifth SW96
Liberty will undergo sea trials before heading to the Med for the summer season
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Polish builder to launch new models in foreign expansion drive
Celestic Boats will add two new motorboats to its portfolio this year
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Lagoon forms exclusive partnership with Asian dealer
Asiamarine will represent the French cat brand in Hong Kong, Singapore and Thailand
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Ferretti auctions yacht to support David Beckham’s 7 Fund for UNICEF
Italian builder donates proceeds of special-edition boat for UNICEF’s work in El Salvador
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Foiling
Foiling finds a future at Aquila Power Catamarans
Brand manager Alain Raas speaks to IBI about Aquila’s plans to advance the technology through its model line
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British catamaran builder expands into US
Archipelago Yachts appoints Seattle-based Oaksmith Yachts as its first US dealer
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Assenagon increases stake in MarineMax
While the purchase did not involve a significant volume of shares, other hedge funds are also increasing their holdings in the group
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Dual-use amenities make World Cat 235TE a family fishing machine
New offshore fishing vessel has a gunnel five inches higher than its predecessor
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Rolls-Royce Power Systems reports strong 2023 results
mtu and Team Italia Marine owner sees revenue jump 16% to nearly £4bn
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Antigua Slipway handles largest yacht haul-out to date
The 26m vessel was lifted by the yard’s new marine railway cradle system
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Candela raises €20m in latest fundraising round
The round was led by toothbrush entrepreneur Joel Eklund and a private family
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CR Industries acquires Mod-U-Dock
New owner says the modular docking system has incredible potential for growth
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Marine battery developer secures €4m in funding
Investment will allow EST-Floattech to take the next step towards growth
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Honda Marine celebrates 60 years by targeting US
The Japanese engine maker is also separating marine as its own division to create a nimbler, more responsive organisation