News

KiwiSaver provider Simplicity has acquired a 35.9 per cent stake in New Zealand-based boat manufacturer Stabicraft Marine. It’s the seventh private equity investment in domestic business for investment fund manager Simplicity.

Nicolas Lunven, skipper of Holcim-PRB, has achieved a significant milestone in his debut Vendée Globe race by breaking the 24-hour solo sailing distance record.

Michigan-based Lasdrop will be using VDM-Reya to distribute its range of propeller shaft seals throughout France.

 On Saturday 9 November Littlehampton RNLI volunteers gathered to celebrate the award of the King’s Coronation medal to 24 eligible members of the frontline operations team.

Nico Lunven, the skipper of Holcim-PRB, has come storming back into the top-5 on the third day of the Vendée Globe after taking a lone option west of Finisterre.

A study undertaken by E-A Earth Action* reveals that paint particles appear to be the largest source of microplastic leakage into the ocean and waterways. Accounting for more than half (58 per cent) of all microplastics, the report says paint part...

The Italian Sea Group (TISG) has announced its financial performance for the first nine months of 2024. The company reported revenue of €292m, reflecting an increase of 11.4 per cent compared to €262.2m in the same period last year.

P&O Ferries reportedly spent more than £47m sacking hundreds of seafarers in 2022, according to Sky News, which references the firm’s accounts due to be published in the coming days.

A new yacht and shipyard is to open in Qatar, after an agreement was signed between shipping and logistics solutions provider Qatar Navigation Q.P.S.C. (Milaha) and Qatar Free Zones Authority (QFZ).

TeamO Marine, a UK-based designer and manufacturer of safety products, has unveiled an advancement in maritime safety equipment with its new Hi-Lift lifejacket, which will be previewed at METSTRADE. 

Yoann Richomme (Paprec Arkéa) has taken the lead in the Vendée Globe race as the fleet makes its way through the Strait of Gibraltar.

CompX International, a manufacturer of security products and marine components, has reported a significant decline in its third-quarter earnings for 2024. Net income dropped to $3.5m compared to $5.8m in the same period last year. Meanwhile, thir...

A global safety charity is calling for urgent change and investment after its latest report named fishing as the world’s most dangerous occupation.

Britain’s Sam Goodchild (VULNERABLE) has taken the lead in the Vendée Globe solo race around the world as the leaders of the 40 boat fleet descend south down the Iberian peninsula. Passing the length of Portugal today, Goodchild &ndas...

The RNLI recently held its annual Leaders in Lifesaving course at the charity’s headquarters in Poole, Dorset. Drowning prevention experts from across the globe attended the course to share lifesaving knowledge.  

Have you started Christmas shopping yet? We have a great idea – a First Class Sailing gift voucher.

MarineShift360 has introduced a new range of tools and initiatives to accelerate the marine sector’s transition to net zero, including enhancements to its life-cycle assessment (LCA) tool, an impact accelerator, and a university outreach pr...

Italian boatbuilder Sanlorenzo has released its financial performance for the first nine months of 2024, noting growth in net revenues from new yachts and a robust order backlog worth €1.72bn.

A new Disney cruise ship, the Disney Treasure, has saved four people from a sinking catamaran in the Atlantic – before even making its maiden journey.

This year, 15 companies are showcasing in the Start-Up Pavilion at METSTRADE. The Start-Up Pavilion – organised by Yachting Ventures – offers a platform for emerging companies to showcase ideas and new products.