@Powerboat_News

Independent powerboat racing journalism | F1H2O • F2 • XCAT • E1 • Offshore | Race reports, analysis & exclusive interviews | UK-based |

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MarineMax shareholders have approved the $53-a-share cash sale to Safe Harbor Marinas. 16,266,303 shares voted for the merger and 18,751 against.

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Sunseeker has been named Best Luxury Superyacht at Robb Report Thailand's Best of the Best awards in Bangkok. The announcement does not say which yacht it was for.

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Cigarette Racing has handed Malta's Yacht Hub Group the job of selling its boats across Europe and Africa, through a new company called Cigarette Racing Europe. The deal covers 70 countries.

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Yamaha says US outboard demand fell and its own North American sales declined. Its marine profit still rose 40.2% to ¥69.0 billion ($434 million).

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Ribcraft, the Yeovil RIB builder, is in liquidation. A statement of affairs reportedly shows a £4.1 million shortfall, and customers say rescue boats were left unfinished. Link in the reply below.

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Sunseeker has named Daren Morris as Chief Financial Officer, succeeding Dean Lawler. His career includes UBS, Morgan Stanley and two listed companies, and the company's announcement leaves out part of the record at one of them.

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Trading in The Italian Sea Group's shares has been suspended in Milan, a week before a Florence court hears a restructuring plan that allocates no value to shareholders.

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MarineMax has reported a $13 million loss for its latest quarter, a week before shareholders vote on the $1.5 billion Safe Harbor takeover. Most of it comes down to one cost line.

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Mercury and BlueNav put two electric pods either side of a 250hp outboard at Cannes and called it hybrid propulsion.

The announcement leads on alternators delivering up to 115 amps. The engine on the demo boat is rated at 85.

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Mat Armstrong was told to ship his £1.7M yacht home. With skipper James Sinclair aboard, he sailed her into the Bay of Biscay instead, and the fuel bill alone ran past €8,000.

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Gone from leisure boating in the US and Europe, still sold new.

Yamaha, Suzuki, Tohatsu and Mercury all still list two-stroke outboards, and Yamaha and Suzuki build some that run on kerosene.

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