All articles by Tony Esposito – Page 58
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US recreational fishing hits 12-year high
If there is a bright spot in the Covid-19 pandemic, one could certainly point to the outdoor recreation economy, which has been booming in the US since April, and now a new report from the Recreational Boating and Fishing Foundation (RBFF) bears that out, showing 50 million Americans have been ...
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Brunswick buyback resumes
After suspending activity early this spring due to the uncertainty of the Covid-19 pandemic, Brunswick Corp will resume its share repurchase program starting today.
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Fort Lauderdale show decision imminent
The Broward County Commission could reach a decision about the future of the Fort Lauderdale International Boat Show (FLIBS), scheduled for 28 October to 1 November, at several venues along the intercoastal waterway, on….
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Patrick Industries buys wood distributor
Marine components supplier acquires working capital, machinery and equipment, and real estate of Inland Wood
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Government audit clears Team New Zealand in America’s Cup controversy
No evidence of financial wrong doing or misappropriation of funds
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Gulf Star Marina completes US$20 million automated dry stack
Marina claims its the first fully-automated dry stack storage system in the United States
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OneWater broadens digital platform with Boatsforsale.com acquisition
Bricks and mortar boat retailer makes move to expand online presence
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Nova Luxe acquires SA yacht-builder
Just one year after launching its first all-electric yacht, US-based Nova Luxe has acquired South African yacht-builder Scape, according to a company statement. Scape has been producing highly efficient catamarans primarily for the charter fleet market for more than 15 years. Nova Luxe plans to adopt the Scape models to ...
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Drydock proposals sought by Puerto Rico Port Authority
The Puerto Rico Port Authority (PRPA) has issued a Request for Proposals (RFP) for up to US$20m in repairs and improvements to its World War II-era drydock facilities. Located at Pier 15 in Isla Grande, San Juan, the drydock was built in the 1940s and operated by the US Navy, ...
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Zin Boats looks to be ‘Tesla of the sea’
The Z2R can reach speeds of well over 30kt After 20 years designing racing sailboats while working for the likes of BMW and General Motors, Piotr Zin moved to a houseboat on Seattle’s Lake Union and started becoming concerned about the future. “The reason I started working ...
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Streamline Boats granted 10-year lease at Port of Pensacola
After more than three months of debate concerning the ownership, viability and environmental impact of its potential tenant, the Pensacola, Florida City Council approved a 10-year lease at the Port of Pensacola for Streamline Boats of Northwest Florida which will build 26ft and 34ft centre console fishing boats there.
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US yachting sector showing signs of recovery
Despite 81% of yacht-builders reporting Covid-related business declines in the first quarter of 2020, the market is already showing promising signs of recovery, says one industry observer. As lockdown restrictions began to ease, so did buyer hesitancy, according to Affinity Group CEO Andrew Morgan. “Many potential acquisitions lined ...
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Bahamas yacht charterers look for return of pre-Covid growth
Hotel bookings for autumn in the Bahamas are “surprising strong”, according to Tourism director general Joy Jibrilu, and the yacht charter market continues to show positive signs.
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GetMyBoat sees quadruple-digit growth in demand
GetMyBoat, the mobile app that connects people who want to boat with private or charter rentals, is reporting record demand and growth this summer that it says was reached organically.
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Hurricane Isaias lands in US as Category 1
While downgraded on Tuesday back to a Tropical Storm, Isaias defied predictions, regaining strength before coming ashore overnight as a Category 1 Hurricane near the North/South Carolina border. The storm is working its way up the Eastern seaboard leaving destruction in its wake. In Southport, North Carolina, South Harbour Marina ...
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Infrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
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Roscioli Shipyard founder dies from Covid-19
Robert “Bob” Roscioli, who began a five-decade yachting career sanding and painting hulls by hand and gained a reputation as a perfectionist, died 27 July from Covid-19 at the age of 76, according to the company website.
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Derecktor responds to state lawmaker’s concerns about delay to shipyard
Company president writes open letter addressing concern over delays to Fort Pierce development
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Bahamas institutes weekend lockdown, midweek curfew amid Covid-19 spike
As of Tuesday, inter-island travel will no longer be permitted
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American Magic first team to make a splash in New Zealand
The US challenger to the 36th America’s Cup took to NZ waters Monday