Tag: proincess yachts

Sealine brand ceases trading after 40 years of building luxury cruisers

Sealine, a prominent British boat builder founded in 1978, declared bankruptcy in May 2013 after over 40 years in business. The brand faced challenges under two ownership changes, impacting its sales strategy. Concerns arise in the British boat industry regarding competitive trading outside Europe, amid tough economic conditions and restrictive visa policies.