News Articles

Ferretti's Annual General Meeting Ends in Drama with New Leadership Amid Allegations of Irregularities

In a turn of events as unpredictable as the high seas, yacht manufacturer Ferretti’s recent Annual General Meeting (AGM) played out like a thriller. A leadership change was the outcome, with the Weichai slate of directors narrowly edging past billionaire Karel Komárek’s KKCG Maritime, claiming 52% of votes versus 47%. This power shift subsequently ended Alberto Galassi’s distinguished twelve-year tenure as chief executive, with his successor Stassi Anastassov expected to be confirmed imminently.

However, this was no ordinary leadership transition. The process was laden with allegations of regulatory non-compliance and undisclosed shareholder coordination, with sources indicating a possible lengthy investigation. Notably, the Czech billionaire’s camp is of the belief that these allegations will ultimately tip the scales in their favour.

14-05-2026

Gulf Craft Strengthens Asian Foothold as Next Yacht Group Reveals Spanish Launch

The ship building industry is stirring with new developments, particularly the Middle Eastern yacht-builder, Gulf Craft. The UAE-based shipyard is expanding its reach across Asia, having announced its partnership with Asia Yachting, a move that is set to further the brand’s presence in key markets.

This strategic alliance represents a significant step forward for Gulf Craft’s Majesty Yachts brand, promising avenues of new opportunity and exposure on a continent known for its maritime interests. With this move, Gulf Craft reinforces its dedication to the brand’s growth and success through sustained commitment and strategic partnerships.

Simultaneously, across the European landscape, the yacht industry is experiencing similar shake-ups with the launch of Next Yacht Spain. A creation by Next Yacht Group, this move was made in unison with SMART Yachting, a leading Spanish provider of yacht sales and management services.

01-05-2026

A Big Surprise: Luxury Horizon Motor Yacht El Mirar II Receives a $750,000 Price Reduction

The exclusive Horizon motor yacht El Mirar II, a 33.5-metre beauty, has received a significant $750,000 price reduction.
17-04-2026

Sailing Champions Take on Renowned Seas in the Next Leg of the Grand Slam Test, Riveting Hyères from Palma de Mallorca

The sailing Grand Slam continues in earnest as the premier 470 fleet sets sail from Palma de Mallorca, heading for the French Riviera's iconic sailing venue, Hyères.
16-04-2026

How the New Digital Schengen Immigration Entry/Exit System Impacts Non-Schengen Nationals Giving Up Manual Stamping

A major digital shift tides over Europe's immigration systems as non-Schengen nationalities' passports will no longer be manually stamped.
15-04-2026

High-Octane Drama Unfolds at ILCA UK 2026 National Open and Wessex ILCA GP Open

The suspenseful ILCA UK 2026 National Open and Wessex ILCA Grand Prix Open brought heart-stopping action and tactical brilliance on the waves.
03-04-2026

Unveiling the Captivating World of Yachting: A Comprehensive Review of March 2026's Noteworthy Stories

Allow us to navigate you through the fascinating realm of yachting. From new launches to intriguing court cases and unexpected yacht lovers, we delve into March 2026's biggest stories.
01-04-2026

Dicing with Death: A Yacht Worker's Close Call with Asphyxiation and Lessons in Maritime Safety

When a casual day on a superyacht refit nearly turned deadly, it taught an invaluable lesson on maritime safety and vigilance.
31-03-2026

Enthralling debut of the sophisticated J/36 yacht in Australia – a symbiosis of luxury comfort and legendary performance

Celebrating the majestic arrival of the J/36 yacht in Australia, set to illuminate the blue waters with its dynamic allure and impressive performance.
31-03-2026

Unexpected Announcements Spark Market Shake-Up in Wake of Middle East Conflict

A surprising turn of events in Middle East negotiations has ushered in a wave of relief across global markets.
24-03-2026

Pensacola Cup 2026 Surges Ahead with Champagne Conditions and Unrelenting Competition

Unyielding competition and a spirit of true sportsmanship on display at the GL52 Pensacola Cup 2026’s third day where Wizard remains in the lead.
22-03-2026

Prometheus Sailing Champions Henri-Lloyd as Official Clothing Partner: A Voyage Towards Equity and Excellence on the High Seas

Henri-Lloyd is confirmed as the Official Performance Clothing Partner to Prometheus Sailing, paving a way for accessible sailing and seal-worthy experiences.
11-03-2026

Finnish Brand Saxdor Yachts Acquired by Malibu Boats, Laying Groundwork for a US Expansion

US company Malibu Boats Inc. recently acquired Finnish brand Saxdor Yachts in a deal believed to be worth around €150 million.
02-03-2026

New Builds, Maiden Voyages and Tragic Incident: An Insight into the Yachting World of February 2026

Set sail into the world of yachting stories that shaped February 2026, from spectacular launches to unfortunate losses.
27-02-2026

Custom Line Shakes the Yachting World with Navetta 35: First of its Kind in Modern Yachting Universe

Italian shipyard, Custom Line, unveils the Navetta 35, pushing the boundaries of the modern yachting experience and style.
27-02-2026

Discover the Rising Stars: Sweden's New 49erFX Team's Meteoric Rise to Glory

Learn how Sweden's new 49erFX team, a first-time duo, made a splash on the international sailing scene, grabbing vice-world champions title.
07-02-2026

Next Yacht Group Celebrates Stellar Performance Hitting €100M Mark in 2025: A High-Seas Success Story

Next Yacht Group, encompassing Maiora and AB Yachts, logged a game-changing 2025, exceeding a total order book of €100 million.
31-01-2026

Breath-taking Struggles in the ILCA Under 21 World Championships 2026, Where Top Spots Are Fought Tooth and Nail

The penultimate day of the ILCA Under 21 World Championships 2026 thrilled spectators, as winds challenged participants, shaking up the contest in Lanzarote.
24-01-2026

Italian Sea Group Responds to Press Reports Over Legal Proceedings Resulting from Bayesian Yacht Tragedy

Reports suggest that The Italian Sea Group (TISG) has responded to news alleging it is seeking £400 million in damages from plaintiffs associated with the unlucky Bayesian sailing yacht.
23-01-2026

Navigating New Waters: How Steven Chapman's Appointment as VP of Marketing Bolsters Denison Yachting's Growth and Innovation

Denison Yachting welcomes Steven Chapman as their new Vice President of Marketing, reinforcing a forward-focused drive for growth, innovation, and industry leadership.
23-01-2026

Industry Initiative 'Superyacht Reality' Launches to Showcase the True Experience of Life at Sea

Superyacht Reality, an initiative by the Professional Yachting Association, is set to correct common misconceptions about life on yachts by giving the public a first-hand, realistic view of this profession.
20-01-2026

Step Inside the Bold Evolution of Mediterranean Living Afloat: Aiata's Striking Flagship, the Sunfinder 50

One autumn after its initial endeavour, young Turkish boat-builder Aiata sails into Düsseldorf, breaching the surface with its newest admiration: the Sunfinder 50.
20-01-2026

British Dinghy Racing Elite Battle it Out at the GJW Direct 49th Bloody Mary, Part of the Seldén SailJuice Winter Series

The upcoming GJW Direct 49th Bloody Mary is slated to see some of Britain’s top dinghy racers stealing the limelight in what promises to be a thrilling event.
07-01-2026

Reliving 2025: A Shocking Year of Maritime Perilous Events

A year in retrospect, 2025 witnessed several heartrending boat calamities worth noting from fires to unfortunate groundings.
17-12-2025

Debut of Galeon 620 Fly at Cannes: A Flybridge Decked with Features and a Vast Beach Terrace

The Galeon 620 Fly, launched at the Cannes Yachting Show, boasts a unique feature set including three fold-down platforms and a vast beach terrace.
09-12-2025

From Eye-Catching Designs to Historic Overhauls: The Boating Chronicles of November 2025

Major yacht handovers, conceptual marvels and vintage beauty restorations dominate the maritime headlines of November 2025.
28-11-2025

Undeterred by Rivals, Tom Slingsby Gathers Aussie Strength for Showdown at SailGP Grand Final

Tom Slingsby & the Australian BONDS Flying Roos Team prepare to battle it out at the SailGP Grand Final, ready to face down any competitor who sails their way.
28-11-2025

First Photographs Surface of Abeking & Rasmussen’s Mysterious 80m Superyacht Project 6516

The enigmatic Project 6516, a currently under-development 79.9-metre superyacht by Abeking & Rasmussen, has been publicly seen for the first time.
26-11-2025

Italian Yacht Masters Go Against The Grain With Their Unique Networking Experience, The IYM MASTERPIECE

A bold brainchild of the Italian Yacht Masters is set to take Monaco's Yacht Club by storm, promising a revolutionary interactive networking experience.
25-11-2025

Announcing the 2025 29er Awards and Thrills of the M32 World Championship 2025 Set to Begin in Miami

The 29er Class announces the 2025 29er Awards to recognize sporting excellence and community spirit, while the M32 World Championship 2025 is ready to launch in Miami.
18-11-2025

Melita Marine Group Breaks Ground in South of France, Boosting Mediterranean Technical Service Network

Melita Marine Group announces a significant leap in its Mediterranean expansion with its new outpost in the South of France.
18-11-2025

Pristine 27m Leopard Motor Yacht Principessa Matera Reduced to Waterline in Shocking Blaze at Capo Noli

The Leopard motor yacht Principessa Matera, a gem of the Italian seas, suffered a devastating fire, leaving only ashes in its wake.
07-11-2025

Three Ocean Fifty Trimarans Capsize in Sudden Transat Café L'OR Turbulence - Skippers Safe Amidst Unpredicted Havoc

The Transat Café L'OR witnessed dramatic scenes when three Ocean Fifty trimarans capsized in choppy conditions, rattling nerves across the nautical community.
26-10-2025

AES Yacht's Mereley I, a 35m 'Pocket Explorer', Gets Notable €500k Price Reduction

The 34.6-metre explorer yacht Mereley I, from AES Yacht, now boasts a €500,000 price cut. This compact yet powerful expedition vessel is seeking a brave new owner to sail uncharted waters.
24-10-2025

Day One of Cape 31 European Championship 2025: Farragut, High Spirits, and Shotgunn's Sensational Stride

The Cape 31 European Championship 2025 commences with a perfect blend of anticipation, team spirit, and a stellar performance from team Shotgunn.
16-10-2025

A Thrilling Nautical Adventure Unfolds at the Welstead September Yawl Open - Blue Fleet

The Welstead September Open - Blue Fleet held not in the choppy waves but in a serene yet unpredictable breeze, captured the hearts and minds of the sailing world.
02-10-2025

A Riveting Round-up of The Welstead September Yawl Open and The Scottish Solo Travellers at Dalgety Bay

Two fantastic sailing events set the waters alight: The Welstead September Yawl Open, Blue Fleet and HD Sails Scottish Solo Travellers event at Dalgety Bay Sailing Club.
02-10-2025

Navigating Ownership Responsibility: Charter-Fee Disputes & Impacts on Yacht Arrest in the Mediterranean

Understanding the complexities of maritime law in the Mediterranean is crucial for yacht owners, in the light of increasing incidences of yacht arrest tied to charter-fee disputes.
15-09-2025

Spectacular Milestone In Sea Engineering: The Largest Dutch-Built Motor Yacht By Amels, Project Tanzanite Introduces New Standard In Luxury

Dutch yard, Amels, raises the bar in maritime luxury by launching the largest Dutch-built motor yacht, Project Tanzanite.
06-09-2025

Extraordinary Family Victory at Yare and Bure Open Sailing Championship on the Broad?

The Yare and Bure Open Sailing Weekend at Horning Sailing Club is a celebration of resilience, adaptability, and family strength.
06-09-2025

Centro Velico Punta Ala to Light Up with European Windsurfer Class Championships 2025

From 9 to 14 September 2025, Europe’s finest windsurfing talents will gather in Punta Ala, engaging in riveting competition and delivering a spectacular sporting event.
09-08-2025

Atalanta Marine Earns Prestigious Recognition as Cantieri di Pisa's Sole Agent in Greece and Cyprus

Cantieri di Pisa has appointed Atalanta Marine as their exclusive representative for Greece and Cyprus, in a recent partnership agreement.
30-05-2025

The Unsung Heroes on the High Seas: Exploring the Exciting 2025 UK Firefighters Sailing Championship

Sailing the vast blue seas, the 2025 UK Firefighters prove their courage isn't limited to land as they showcase masterful sailing skills in this year's championship.
28-05-2025

Dive Into Adventure with Loft 57's Freshly Released Podcast Episode

Eager to know the latest in the boating world? Loft 57's newest podcast episode has just hit the streaming waves.
09-05-2025

Pioneering the Waves: Catching Up on SailGP with Russell Coutts

Get the scoop on SailGP from the man himself, Russell Coutts, detailing progress made in Pensacola and Southampton.
03-05-2025

Uncovering the Thrill and Camaraderie of the Melbourne Osaka Cup: A Nail-Biting Finish for Family Crews

Experience the heart-stopping culmination of the prestigious Melbourne Osaka Cup as family crews fought side-by-side in an unforgettable finale.
27-04-2025

Unveiling Dalton's Candid Thoughts on Swiss Yachting Team's Uninspired Showing in Barcelona

Renowned sailing insider, Dalton shares his less than flattering review of the Swiss team's performance during the recent America's Cup race in Barcelona.
20-04-2025

A Rousing Close to the 2025 Finn Spring Series at the Renowned Bough Beech Sailing Club

A remarkable story of sailing prowess unfolded as the 2025 Finn Spring Series concluded at Bough Beech Sailing Club.
17-04-2025

NZL Women's iQFoil Sailing Team Kicks off LA28 Campaign with Striking Bronze Medal

Keen on making waves, the NZL Women's iQFoil Sailing Team commences their campaign for LA28, sealing a bronze medal victory.
06-04-2025

Prestige Breaks New Ground by Introducing a Third Powercat Option in the Esteemed M-Series Family

In a bold move, Prestige has broadened its horizons by unveiling a third M-Series Powercat. This sleek, new addition promises to redefine aquatic luxury.
02-04-2025

30m Azimut, Ramonda, Ravaged by Flames - A Tragic Affair in Montenegro's Yachting Scene

In a heartbreaking incident, the extravagant 30m Azimut yacht, Ramonda, was mercilessly consumed by flames in Montenegro.
29-03-2025

Melges UK Takes a Leap Forward, Extending its Dinghy and Watersports Show Promotions

In a power move, Melges UK has announced the extension of its special offers unveiled at the Dinghy & Watersports Show.
19-03-2025

The Unfurling Sails of National Excellence: A Dive Into the RS Feva Class National Open Training Coached Regatta

Pouring passion and prowess into the waters of Draycote, the RS Feva Class National Open Training Coached Regatta mirrors the excellent craftsmanship of sailing.
12-03-2025

Solitude Meets Inferno: Marina Blaze Engulfs Three Prized Yachts in Miami

A catastrophic inferno swept through a Miami marina, completely decimating three prestigious yachts.
11-03-2025

Ferretti Group and University of Bologna Unveil Master's Degree in Nautical Engineering: Bridging Academia and the Yachting Industry

In the cutting-edge world of the yachting industry, the Ferretti Group collaborates with the University of Bologna to offer a Master’s Degree in Nautical Engineering. This innovative venture promises to mold the future builders of fine pleasure boats.
12-02-2025

Uncertainty Strikes the British Boatbuilding Industry as Sunseeker Announces Temporary Layoffs

Sunseeker International is stirring up waves in the British Boatbuilding sphere by temporarily laying off around 100 of its employees.
06-01-2025

Nobiskrug and Flensburger Schiffbau-Gesellschaft File for Insolvency, Signaling Deep Crisis in Tennor Group

High profile shipbuilders, Nobiskrug and Flensburger Schiffbau-Gesellschaft (FSG), under the Tennor Group, have filed for insolvency, causing ripples in the maritime industry.
12-12-2024