Grand Banks reports record revenue in FY2026 as investment continues
Malaysian boatbuilder Grand Banks Yachts has reported revenue of S$173.2m (US$136.8m) for the financial year ended 30 June 2026...
Marine finance
Read all the latest news about marine finance including companies’ financial results, funding and beneficial partnerships.
West Marine exits Chapter 11 after financial restructuring
West Marine has completed its financial restructuring and emerged from Chapter 11 bankruptcy protection, reducing its debt by more...
Vision Marine proposes merger with undisclosed defence firm
Canadian electric boatbuilder and outboard manufacturer Vision Marine Technologies has signed a non-binding letter of intent (LOI) for a...
Cummins raises 2026 outlook after record second quarter
Cummins has reported second-quarter 2026 revenues of $9.5bn, up 9 per cent from the same period in 2025. Net...
IntusHQ secures investment for UHNW asset management
The UK-based mobile-first asset and inventory management platform IntusHQ has secured a six-figure investment round to support product development,...
MarineMax agrees $1.5bn sale to Safe Harbor
MarineMax, a major US-based marina operator, superyacht services company and boat and yacht retailer, has entered into a definitive...
Italian Sea Group shares surge after troubled boatbuilder launches sale process
The Italian Sea Group (TISG) has launched a competitive process to identify potential investors as part of its ongoing...
AkzoNobel shareholders approve Axalta merger
Shareholders of Dutch paint and coatings giant AkzoNobel have approved all resolutions relating to the proposed all-share merger with...
Grady-White owner chooses perpetual trust over US$400m sale
Grady-White Boats owner Eddie Smith has transferred control of the company to a perpetual purpose trust, introducing an ownership...
Salt launches UK boat finance search platform
Marine finance provider Salt has launched BoatsOnFinance.com, a UK platform that allows prospective buyers to search for boats based...
Blackstone, Donerail reportedly among final MarineMax bidders
Investment firms Blackstone and Donerail, together with private equity firm Centerbridge, have reportedly reached the final stage of bidding...
