In a remarkable achievement, Furuno, a leader in marine electronics, has recorded its largest revenue year ever, reaching 114 billion Japanese Yen, equivalent to $1.26 billion NZD.
In 2024, Propspeed, a leading New Zealand-based manufacturer of foul-release coatings, marks a remarkable milestone⏤25 years of providing premium protection for underwater assets. Since 1999, Propspeed has been at the forefront of marine innovation, recognised globally for their reliable and efficient foul-release coatings that help boat owners enhance performance, reduce fuel costs, and safeguard their investments. As the company marks this milestone, they continue to innovate with the introduction of new products, ensuring their place as a leader in marine protection.
ENVGO has made waves in the boating industry with the introduction of its all-electric NV1 hydrofoil craft. Set to begin production in 2025, interested buyers can now reserve one of the US$400,000 crafts by placing a deposit. This innovative watercraft aims to revolutionise the way people experience boating while prioritising ecological sustainability. As interest in eco-friendly watercraft continues to grow, the NV1 positions itself as a forward-thinking solution for those looking to enjoy the water without harming the environment.
In a strategic move set to enhance defence and tactical watercraft production, Australian veteran-founded Whiskey Project has announced the acquisition of KJL Sails, a Picton, New Zealand-based specialist in boat design and manufacturing. The acquisition is poised to strengthen both companies’ positions within the maritime defence industry while expanding production capabilities and fostering innovation. This deal comes as part of the Whiskey Project's broader vision to innovate in the defence watercraft sector, leveraging KJL Sails’ expertise and resources.
The International Chamber of Shipping welcomes progress from the latest global maritime talks but warns challenges remain on reducing GHG emissions from ships.
If you have a boat moored or you’re living on one, it’s important to pay attention to the weather reports this week. Significant gales and rain are on the way across New Zealand, and it looks like we’re in for a big downpour.
In recent years, the New Zealand's boating industry has experienced significant highs and lows, with a period of buoyant growth followed by a challenging downturn.
Choppy seas and forecast winds around the same levels as yesterday threaten further delays at the Youth Americas Cup in what remains tricky racing conditions.
The Puig Vela Clàssica Regatta, a premier event hosted by the Real Club Náutico Barcelona, has once again drawn the world’s attention to the elegance and history of classic yachting.
Spin-outs, sky-rockets, skids and splash downs – along with some astonishing speeds all around the course, really showcased the emerging next-generation talent at its very best.