Business Articles
A sailing novice may ask, ‘What’s next for the world of yachts?’ The answer to that question has undoubtedly arrived with the launch of Next Yacht Spain by Next Yacht Group at the prestigious Palma International Boat Show. This launch heralds a fresh voyage for the company, forging a new trajectory in partnership with SMART Yachting, a distinguished Spanish provider of yacht sales and management services.
Next Yacht Group has always hailed a reputation of trailblazing, and this union with SMART Yachting promises to continue this legacy. Together, they are set to bridge the marine industry’s current and next horizons, employing their profound industry understanding, complemented by their combined experience spanning decades.
01-05-2026
Behind the veil of corporate manoeuvring, a high-stakes powerplay unfurled at the prestigious shipyard of Ferretti. The move featured significantly when KKCG Maritime proposed a new lineup for Ferretti’s board, which concluded with Karel Komárek as the proposed chairman. The climax of these strategic movements simultaneously saw the retention of Alberto Galassi as CEO. This saga comes in the wake of KKCG’s voluntary partial tender offer on Ferretti, bagging just over 29.
20-04-2026
Squircle Capital, a majority shareholder in MB92 Group, has increased its stake to claim 100% ownership in the group.
26-03-2026
KKCG Maritime's initial bid for Ferretti met with unenthusiastic responses from shareholders, prompting an uptick in the offer price per share.
26-03-2026
Dr Mohammed Al Barwani narrates his expedition into yachting world, sharing stories about his major ventures and future plans.
02-12-2025
Activist investor, Donerail Group, is upping the ante on MarineMax, the US yacht retailer, urging for a complete leadership replacement and the exploration of a business sale.
29-10-2025
In a decisive move, Blackstone Infrastructure funds have secured a billion-dollar deal to acquire Safe Harbor Marinas.
27-02-2025
The murky waters of superyacht refit contracts can be tricky to navigate, especially when it comes to understanding mark-up costs.
16-12-2024