Marine-Industry Articles

Set Sail toward Celebration: Galati Yacht Sales Embraces Complete Employee Ownership

Among the wave-riders of the marine industry, Galati Yacht Sales has always held an esteemed position. This leading yacht and motorboat firm has recently taken an exciting, transformative leap. Its helm has embarked on a groundbreaking journey by initiating the process to become fully employee-owned. With the use of an Employee Stock Ownership Plan (ESOP), the company has smoothly transitioned into a more equitable firm, fostering a symbiotic sense of shared achievement among its employees.

This transition illustrates a heck of a move towards a more collaborative, inclusive, and empowering work environment. No longer do the employees simply work for Galati Yacht Sales – they are now active owners sailing the same epic journey, charting the course of this venerated business entity. They now possess the power to participate in strategic business decisions, drive innovation, and contribute to shaping the future success of the company.

25-10-2025

Expansion on the Horizon: Virage Yachts Now Sirena Yachts' Sole UK Dealer

In a move destined to shape the future of yachting in the UK, Turkish master-builders, Sirena Yachts, has tactically appointed Virage Yachts as its exclusive UK dealer. This intentional manoeuvre looks to fortify Sirena’s brand footprint in the essential European market, further underlining their commitment to sustainable growth and customer-centric practices.

With an exquisite range of yachts crafted with ingenious design and meticulous craftsmanship, Sirena Yachts is one of the reigning titans of the marine industry. Heeding the growing interest for their unique creations in the UK, Sirena decided to strengthen their local foothold by partnering with Virage Yachts

20-10-2025

Boats Group Faces Legal Battle Over Alleged Marketplace Monopoly

An antitrust lawsuit has been filed against online boat listing conglomerate, Boats Group, in a bid to invigorate competition in the industry.
23-08-2025

The Australian Commercial Marine Conference

The Australian Commercial Marine Conference returns to Sydney on Thursday, 31 July 2025 aboard the M/V Starship Sydney. Now in its second consecutive year, the event follows strong industry demand for a dedicated national forum to address sector challenges, explore insights from leading authorities and to strengthen connections across Australia’s commercial marine sector. Conceptualised by Nick Lester, General Manager at SeaLink Sydney and hosted by the Australian Commercial Marine Group (ACMG), the conference will bring together ferry and tourism vessel operators, marine technology innovators, naval architects and designers, shipbuilders, component manufacturers and suppliers, as well as safety regulators and policymakers.
15-07-2025

Lusben Embarks on Global Growth Strategy with Newly Opened Sales Office in Antibes, France

Stepping forward in their global expansion strategy, Lusben, the refit branch of the Azimut-Benetti Group, establishes a new sales sway in Antibes, France.
16-06-2025

Discover Azimut-Benetti’s Pioneering Efforts to Set a New, Sustainable Benchmark in the Yachting Industry.

Italian yacht manufacturer Azimut-Benetti is leading the charge towards a more sustainable future in the yachting sector.
04-03-2025