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Image for Ferretti Group profits surge in H1 2024

Ferretti Group profits surge in H1 2024

The first half of the year has brought record-breaking profits for the Italian shipbuilder, but does a decline in orders signal a cooling in demand?

Business

Image for 2024 edition of The Honours imminent

2024 edition of The Honours imminent

The second edition of The Honours takes place on the eve of the 2024 Monaco Yacht Show on 24 September…

Business

Image for Pendennis secures majority shares in Cockwells

Pendennis secures majority shares in Cockwells

The shipyard has acquired a majority stake in the British boat builder, bringing together two well-established Cornish companies to collaborate on future growth…

Business

Image for Stefano de Vivo steps down from Ferretti

Stefano de Vivo steps down from Ferretti

The Group’s CCO is set to leave Ferretti after a decade of growth, transitioning to a CEO role, whilst maintaining a consultancy role within the firm…

Business

Image for Ocean Independence restructures leadership team

Ocean Independence restructures leadership team

The Küsnacht-based brokerage has appointed André Mahr as COO and promoted Toby Maclaurin to CCO as the firm moves to foster further growth…

Business

Image for Heesen appoints new CCO

Heesen appoints new CCO

The Dutch shipyard has named Ruud van der Stroom as Chief Commercial Officer, with the executive expected to start at the beginning of September…

Business

Image for Scope 3 emissions – their challenges and potential solutions

Scope 3 emissions – their challenges and potential solutions

As Scope 3 becomes critical to reporting and disclosure regulations, businesses must understand and manage these emissions to future-proof their business…

Business

Image for Sanlorenzo secures Nautor Swan ownership

Sanlorenzo secures Nautor Swan ownership

The Italian shipbuilding giant will pay an initial fee of €48.5 million for the sailing yacht specialists, acquiring 60% ownership initially…

Business

Image for Royal Huisman Group acquired by O2 Capital Partners

Royal Huisman Group acquired by O2 Capital Partners

The current owners of Royal Huisman, Huisfit and Rondal have confirmed that the group will be sold to the Dutch investment firm…

Business

Image for MarineMax maintains profitability in Q3

MarineMax maintains profitability in Q3

The boating conglomerate has reported a substantial profit return amid discussions of the sale of its YMRS business…

Business

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