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Canada’s 2025 federal budget includes a commitment to remove the luxury tax on private planes and boats, which was first introduced in September 2022. The policy – introduced by the Trudeau government – had drawn criticism from Canada’s marine industry for contributing to job losses, lower tax revenues and reduced sales. According to trade association…

Sunseeker International, based in Poole, Dorset, on the UK south coast, has confirmed that it will receive new capital investment into the Sunseeker Group from its lenders, Cheyne Capital and Cross Ocean Partners. The lenders, who manage combined assets exceeding $20bn, have agreed to provide additional funding to support the company’s long-term operations. As part…

The Royal Corithian Yacht Club, Burnham on Crouch was celebrating THREE great volunteering Awards on Saturday as a result of the RYA Impact Award scheme, two were as a result of the WoWs (Woman on Water) initiative at the Club.

Twin Vee PowerCats has completed the sale of its commercial property in Marion, North Carolina, previously intended for a manufacturing facility for its subsidiary, Forza X1. The $4.25m sale was finalised on 31 October 2025, with the company confirming that the transaction will strengthen its balance sheet. Twin Vee reported that no debt, loans or…

Oyster Yachts has opened a new service centre in Barcelona to support the growing number of Oyster owners in the Mediterranean. More than 45 yachts are now based in the city, which has become a key wintering location for owners seeking an alternative to Palma. The new facility provides refit, maintenance, engineering and guardianage services,…

Saxdor Yachts has strengthened its footprint in North America by appointing two new exclusive dealers in Canada – Cabano Marine in Quebec and DT Powersports & Marine in Ontario – marking the Finnish boatbuilder’s official entry into the Canadian market. The move builds on a 49 per cent year-over-year sales increase in the United States,…

Molabo, a German manufacturer of high-performance electric propulsion systems, has appointed Tommi Salonen as head of global marine sales.  Salonen will lead the firm’s commercial growth in the expanding electric boating market. He brings more than two decades of international experience in marine propulsion, boat manufacturing and equipment, with previous roles including leadership positions at…

Early this Thursday morning at 02.40 hours local time, Thomas Coville and Benjamin Schwartz crossed the finish line of the 17th edition of the TRANSAT CAFÉ L’OR Le Havre Normandie.in second place in the ULTIM class in Fort-de-France Bay.

Shroud tensions on a dinghy are critical to performance, and being able to replicate those settings time and again is vital.

This Wednesday, November 5 at 22:13:58 local time (03:13:58 on Thursday morning in Paris), Tom Laperche and Franck Cammas were the first to cross the ULTIM finish line in Fort-de-France Bay for the 17th edition of the TRANSAT CAFÉ L’OR Le Havre Normandie.