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In its press call this morning on the first day of the 2025 Cannes Yachting Festival, Groupe Beneteau confirmed customer demand for time on the water remains strong, even as global headwinds create uncertainty. Rising interest rates, high prices and inflation are among the factors the company believes could weigh on consumer confidence. Despite this,…

Italy’s Apreamare shipyard has sold a 60 per cent stake of its share capital to Italian private equity firm Riello Investimenti SGR. The acquisition was made through the Italian Strategy Private Equity fund, the third fund managed by Riello Investimenti SGR, which currently holds 11 acquisitions, including three add-ons. As part of the agreement, Cataldo…

Turkey has introduced an 8 per cent Special Consumption Tax (SCT/ÖTV) on yachts, motorboats and other leisure vessels, ending a long-standing exemption that had allowed luxury marine vehicles to remain tax-free. The measure, announced in a presidential decree and published in the Official Gazette, takes effect immediately. The new levy applies to a wide range…

This revised Leg One course sees the fleet criss-crossing the English Channel and its busy commercial traffic several times, leaving little opportunity for sleep or rest of any kind as the sailors dodge tankers, ferries, fishing boats and other craft.

Chris Clark has joined Wescom Group as UK Commercial Sales Manager for its range of electronics products.

Today at 16:25, the CREDIT MUTUEL Class40 crossed the finish line in the prologue GLOBE40 in Cadiz. After waiting a few days in Lorient, the winners covered the miles of the course in 4 days 2 hours and 25 minutes.

The forecast of light winds, but sufficient for racing, unfortunately failed to materialise as dead calm reigned on the first day of the 35th Maxi Yacht Rolex Cup.

After a disastrous start to their 2025 Season – seemingly-defined by an unprecedented 12-point penalty in Sydney – the Germany SailGP Team presented by Deutsche Bank have been fighting to prove themselves.

Manoeuvres rehearsed, sails reshaped and weather forecasts downloaded – for teams on the opening day of the Maxi Yacht Rolex Cup there was disappointment off Porto Cervo as the wind failed to materialise adequately for racing to commence.

The 2025 Star World Championship officially got under way today in Split, Croatia, with 101 boats from 20 nations lining up on the starting line for Race 1 of the six-day championship.