The Italian Sea Group, Marina di Carrara
By Press Mare
09/07/2026 - 12:47

The Italian Sea Group: unions set the conditions for recovery as key Tuscany Region meeting approaches on 20 July

One hundred and fifty thousand square metres of shipyard facilities—around 120,000 sqm in Marina di Carrara and the remainder at Picchiotti in La Spezia—more than 2,000 people including direct employees and subcontractors, and one date circled in red: 20 July. That is when the The Italian Sea Group dispute moves from the Florence Court to the Tuscany Region's Crisis Unit, where trade unions, the company and public institutions will attempt to shape the next chapter of a crisis affecting the entire yachting district of Massa-Carrara

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Constance Brément, Director of the Cannes Yachting Festival
By Press Mare
08/07/2026 - 12:00

Constance Brément: the Cannes Yachting Festival evolves without losing its identity

At a time when the boating industry is seeking a new balance, the Cannes Yachting Festival is also preparing to evolve. For the first time, the event is under the direction of Constance Brément, who, after spending a year working alongside Sylvie Ernoult, is about to lead her first edition as Festival Director. In this interview with PressMare, she discusses how the market is changing, how visitor profiles are evolving, and the role of a boat show that will celebrate its 50th anniversary in 2027

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The Italian Sea Group, Marina di Carrara
By Press Mare
07/07/2026 - 09:23

TISG Update: Protective Measures Confirmed in Detail, €100 Million Capital Increase Under Consideration

The Italian Sea Group has announced that the Florence Court has confirmed the protective measures for a period of four months and has provisionally granted the precautionary measures requested by the company. Among the immediate effects are the suspension of owners’ rights to terminate existing contracts and the possibility of evaluating a capital increase of up to €100 million

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Giovanni Costantino, Chairman and Chief Executive Officer of The Italian Sea Group
By Press Mare
07/07/2026 - 08:21

The Italian Sea Group: crisis reaches a turning point as composition with creditors and board overhaul take shape

The composition with creditors procedure has entered a decisive phase. The Florence Court has granted the company 60 days to submit its restructuring plan to creditors, while the company’s reorganisation is taking shape with the appointment of judicial commissioners, the introduction of extraordinary wage support measures and the prospect of a complete renewal of its governance

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