All USA articles – Page 161
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International trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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Safe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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Soft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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Recreational boating opposes ‘Right to Repair’ legislation
The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed by ...
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ABYC announces second annual Educator Training Conference
The American Boat and Yacht Council (ABYC) has opened registration for its second annual Educator Training Conference, scheduled to be held from July 21-23 in Annapolis, Maryland.
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New location, procedures for Miami Boat Show Innovation Breakfast
This year’s ‘State of the Industry’ address will be held at the Rusty Pelican Restaurant
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Multiple fatalities feared in Alabama dock fire
At least two people are dead and nine people missing in a blaze this morning at Jackson County Park
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MarineMax raises earnings guidance based on record Q1 results
America’s largest recreational boat and yacht retailer announced 26% growth for the quarter ending December 31 and has boosted its guidance for full 2020 earnings by 15%. The company’s share price jumped 20% in early trading in response to the news.
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Dutch builder launches North American department
Zeelander Yachts of the Netherlands has announced the launch of a Zeelander North America, a new department based in Ft Lauderdale, Florida and led by Anthony Baranello.
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Highfield becomes custom tender supplier for Leopard Catamarans
US builder will offer its Highfield Classic and Classic Deluxe models branded for the Leopard line of 40ft-58ft boats
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US powerboat registrations increased in late 2019
A strong second half of the year for US boat sales helped boost powerboat registrations to 275,00 units through last November, up 6% on a rolling three-month year-over-year basis, but down 1% on a rolling 12-month year-over-year, according to the National Marine Manufacturers Association (NMMA).
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NMMA, Transport Canada reach MOU to streamline boat importation regulations
The National Marine Manufacturers Association (NMMA) has entered into a Memorandum of Understanding (MOU) with the Canadian government which will reduce paperwork for manufacturers exporting boats to Canada.
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US/China trade deal keeps tariffs in place, Senate set to approve USMCA
The US and China are expected to sign a “phase one” trade deal today that would keep tariffs in place on some US$360bn in Chinese goods until after the US presidential election in November, while the United States Senate is expected to approve the US-Mexico-Canada (USMCA) trade pact on Thursday.
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US show producer to host two new events in 2020
Showpiece Shows, a US producer of boat shows and other luxury events, has partnered with Steelpointe Harbor in Connecticut to produce two new shows at Bridgeport Harbor Marina in 2020. The newly built venue is expected to appeal to boating enthusiasts and luxury-focused consumers along Long Island Sound and beyond.
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US marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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Polaris appoints Koelsch to newly-created chief digital officer role
Polaris Inc, parent company to the Bennington, Godfrey, Hurricane and Rinker boat brands, has named Victor Koelsch as its new chief digital officer, effective immediately.
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High water, freak storm wreak havoc for Lake Michigan marinas
Already high water and winds from a freak winter storm that caused waves as high as 23ft on Lake Michigan has closed roadways, damaged public and private docking and caused one municipality to dismantle its marina in order to save it.
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Despite strong 2020 outlook for boat sales, economists less bullish about general US economy
Boat industry proving resilient in face of economic headwinds