Market News

Burdon Grange Care Home in Beaworthy, in the English county of Devon, has been ordered to pay more than £200,000 after two wheelchair users drowned and a third was seriously injured during a day trip to Roadford Lake on 8 June 2022.

American Magic has confirmed it will not compete in the 38th edition of the America’s Cup, which is taking place in Naples in 2027. It will be the first time in the event’s 175-year history that an American boat has not taken part.

The 111-metre Oceanco superyacht DreAMBoat, previously known as Project Y726, is now embarking on her sea trials in the North Sea ahead of delivery later this year.

Italian yard Arcadia Yachts has announced the sale of a second A80new model, only a few weeks after the first unit made its world premiere at the Cannes Yachting Festival. According to the builder, the yacht is soon to be delivered and will be based in Ibiza.

A price drop of $6,250,000 has been announced on the 61.3-metre Lürssen motor yacht Marguerite, listed for sale with Rory Moran of Moran Yacht & Ship.