All articles by Tony Esposito – Page 59
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News
Hering Propellers sold
One of the most iconic brands in offshore racing and high-performance boating, Hering Propellers, has been acquired by FJ Propeller Midwest. FJ, located on Missouri’s Lake of the Ozarks, was founded by two-time world champion offshore racer Casey Boaz, who heads the CR Racing team. “I think Hering Propellers has ...
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US border area businesses miss Canadian visitors
While the US boating and outdoor industries have been a bright spot amid the Covid-19 economic upheaval, with sales and rentals surging alongside infection statistics, areas that rely heavily on tourist dollars are not fairing so well. Nowhere is this more evident than along the US/Canadian border, still closed for ...
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Manitou launches two new models for 2021
Manitou Pontoon Boats has launched two new models for 2021 that the Michigan-based builder says responds to customer needs in features and price points.
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Codecasa resumes operations with Jet 2020
The 229ft yacht is curently in build in San Benedetto del Tronto, Italy
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North Carolina legislation makes abandoned boat disposal easier
Local governments are lauding a new North Carolina law that makes the removal of abandoned boats on land or water easier.
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Bass Pro/Cabela’s in major hiring spree
In much of the US, people trying to buy a bicycle, backyard playground, kayak or boat are likely on a waiting list, while recreational vehicles and other outdoor gear is flying off the lots and shelves. Americans are returning to nature and nothing drives the point quite like a nationwide ...
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NMMA redirects convention effort, IBEX decision expected this week
The National Marine Manufacturers Association (NMMA) is revamping its advocacy efforts surrounding the curtailed US presidential nominating conventions and is expected to make a decision this week regarding the fate of IBEX, the International BoatBuilders’ Exhibition & Conference. NMMA told IBI that the IBEX board is meeting this week to ...
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Crusader Yacht Sales joins Jeanneau America network
Jeanneau America didn’t need to look far for its exclusive distributor for the mid-Chesapeake region, tapping Annapolis, Maryland neighbour Crusader Yacht Sales to offer its sailboats and yachts.
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Team NZ, government, publisher head to court in continuing America’s Cup scandal
A legal battle Monday in the New Zealand High Court at Auckland involved Emirates Team New Zealand (TNZ), its affiliated event promotion arm America’s Cup Event Ltd (ACE), the New Zealand Herald’s publisher NZME, the National Government and Auckland Council in the latest round in what is rapidly becoming a ...
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Kiwi government suspends America’s Cup funding amid Team NZ spy, fraud claims
It’s been quite a summer for Emirates Team New Zealand, defending America’s Cup champions, which began the week firing team members for spying, answering charges of financial fraud, and culminating in the government’s suspension of payments to the team and Cup organisers pending further investigation. “We are not intending to ...
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Trinidad & Tobago brace for surge of superyachts
Trinidad &Tobago (TT) is preparing for a “surge” of superyachts, causing its Attorney General (AG) to amend local legislation aimed at easing entry while protecting the island nation.
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Team New Zealand named in NZ$1.5m government wage subsidy probe
Just days after announcing the dismissal of an undisclosed number of teammates for leaking confidential information, defending America’s Cup champions Team New Zealand is now under investigation for financial mismanagement surrounding government Covid-19 wage subsidies. The wage subsidy plan is the cornerstone of the government’s economic response to Covid-19, allowing ...
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New York Yacht Club America’s Cup boats arrive in NZ whilst spy claims hit the home team
As the New York Yacht Club’s challenge for the America’s Cup advanced with the arrival of its first boat in New Zealand on Monday, Team New Zealand says it has fired a number of employees for leaking confidential information and officials are investigating “structural and financial matters” relating to the ...
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Hinckley Yachts: smooth sailing in rough times
Boat sales have doubled in a year-to-year comparison, says US builder, with pre-owned models selling at unprecedented rates
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Brunswick to host two-day virtual boat show
Brunswick Corp is entering the virtual boat show arena with a two-day July event that will feature product from the Brunswick Boat Group, Mercury Marine and the various BC P&A businesses, as well as “key partners”, to showcase “cutting-edge technology, design and innovation all under one ‘virtual’ platform.”
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German design firm releases first images of US$562bn mega-catamaran
The 650ft Galileo2 is described as a “floating marina”
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Sterling Global Financial gets preliminary go-ahead for US$350m Bahamas project
Montage Cay and Marina will create nearly 3,000 jobs during the life of the project
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Ameri-Kart consolidates two facilities into new US$10m factory
Ameri-Kart, supplier of plastic components for the marine, RV manufacturing and safety industries, has begun construction on a new US$10.1m facility that will replace two of its current operations.
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Great American Outdoors Act passes US Senate
On a bipartisan 73-25 vote, the US Senate passed the Great American Outdoors Act (GAOA) on Wednesday, permanently endowing the Land and Water Conservation Fund (LWCF) at its existing US$900m appropriation and reduce the US$20bn in deferred maintenance backlogs on public lands.
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Russell Marine opens sixth showroom with new boating/outdoor concept
Russell Marine, the multi-location Alabama dealership and marina operator, held a soft-opening last week for a new 150,000sq ft facility and a new retail concept for the company – all in the midst of the Covid-19 pandemic.