The studio entered the megayacht sector with a recently launched 164-foot Riva.

Malibu CEO Jack Springer said that by licensing its patents, the company continues to defend its surf technology from “unauthorized adopters.”

Instruction will be part of school’s powersports program.

The parent of The Moorings, Sunsail and Footloose said the “unprecedented investment” went to buying new boats and upgrading its base network infrastructure.

New executives at Defender, Bluewater Yacht Sales and Premier Marine.

A company source said a serious investor has emerged as a potential buyer for the Dutch superyacht builder.