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Industry data vital to future sales - MarineBusinessWorld North America newsletter

08/11/2023


Industry data vital to future sales - MarineBusinessWorld North America newsletter

Cyclops Marine 2023 October - LEADERBOARD

North Sails Performance 2023 - LEADERBOARD

Recreational Boating - photo © Arc Boats


Dear Recipient Name

The 2022 report on total boat registrations is now available to download, part of the 2022 U.S. Recreational Boating Statistical Abstract. There were 11.9 million boats registered and documented boats in the U.S. in 2022, down slightly compared to 2021.

The top five states for boat registrations in 2022 were Florida, Minnesota, Michigan, Ohio and California, with Ohio continuing its upward climb, moving up from sixth place into the top five in 2021, and now in fourth position for 2022. By region, the Great Lakes accounted for 34.1% of all state boat registrations in 2022, followed once again by the South Atlantic at 17.7% and the Gulf Coast at 10.6%.

The Recreational Boat and Marine Engine Exports and Imports section of NMMA's 2022 U.S. Recreational Boating Statistical Abstract is also available. This report examines historical and recent trade data on different categories of recreational boats and marine engines imported to and exported from the U.S. each year.

The trade dynamics in 2022 were influenced by various geopolitical events. Regionally, Canada, Mexico, the European Union, and the Asia-Pacific region remained the most significant trading partners for the U.S. recreational boating industry. In 2022, marine exports increased by 10.1% to $2.5 billion, while imports rose by 17.6% to $5 billion, making 2022 the first year in recent history where the trade deficit exceeded all national marine exports.

ASA President Glenn Hughes on Proposed Vessel Speed Restriction in the Atlantic Ocean - photo © American Sportfishing Association
ASA President Glenn Hughes on Proposed Vessel Speed Restriction in the Atlantic Ocean - photo © American Sportfishing Association

Proposed Atlantic Coast speed restrictions are one of the greatest threats facing our industry according to American Sportfishing Association president Glenn Hughes who was invited to speak on the subject at the Fort Lauderdale International Boat Show.

Ahoy! Insurance & American Sailing Announce Strategic Partnership - photo © Ahoy! Insurance
Ahoy! Insurance & American Sailing Announce Strategic Partnership - photo © Ahoy! Insurance

Ahoy! Insurance have announced a new partnership with American Sailing. The partnership significantly expands Ahoy's reach in the US market, which has more than 12 million registered boaters. Members of American Sailing, the nation's largest sailing authority, will gain access to an offering made specifically for boaters by boaters. Customer service will be provided by the highly trained staff of the Hilb Group, a leading national broker. The partnership provides AS members with a best-of-breed insurance offering and bespoke features crafted specifically for boaters enabled by Hilb Group which will provide comprehensive live support.

MarineMax partners with the American Cancer Society - photo © MarineMax
MarineMax partners with the American Cancer Society - photo © MarineMax

MarineMax partnered with the American Cancer Society again to support cancer screening awareness. On October 19, MarineMax joined the American Cancer Society in supporting their case to find a cure by wearing their best pink attire nationwide. Team Members went #PinkWithAPurpose to increase awareness, focus on cancer screenings, and encourage those who haven't been screened yet to do so. Research proves that early detection saves lives, and MarineMax is committed to their team members' and customers' health and wellness.

Vetus D and M-Line diesel engines gain HVO approval - photo © Vetus
Vetus D and M-Line diesel engines gain HVO approval - photo © Vetus

Propulsion alternatives continue to unfold. VETUS, creator of complete onboard boat systems, has announced that approval has now been granted to use Hydrotreated Vegetable Oil (HVO) on its D and M-Line series of marine diesel engines. The approval and certification follow an intense period of bench and field tests.

HVO, also known as renewable diesel or green diesel, is a diesel-like fuel that can be produced without fossil resources. This lower-carbon fuel is a more sustainable alternative to diesel and contains low sulphur and aromatics. HVO is derived from a variety of lipid sources, the most common including vegetable oil, tallow, or used cooking oil.

The use of renewable fuels such as HVO substantially decreases exhaust emissions by up to 90% in CO2, CO, HC, NOx, and PM. HVO burns more cleanly than first generation biodiesel or mineral diesel. In addition, due to its good oxidation stability, it is not prone to bacterial growth.

Nicolas Retailleau - photo © Groupe Beneteau
Nicolas Retailleau - photo © Groupe Beneteau

People in the news: Nicolas Retailleau has been appointed Chief Financial Officer of Groupe Beneteau, effective November 1, succeeding Bruno Thivoyon, currently Chief Executive Officer of the Group and Boating Solutions division. Nicolas Retailleau joined Groupe Beneteau in September 2022 as CFO of the Boat division. With over 20 years' experience in Finance Management, he has worked in various business segments and countries, for the Valeo, Galeries Lafayette and Tarkett Groups.

More Marine Industry News, updated daily, at www.marinebusinessworld.com/NorthAmerica

Stay Aware!
Peter Rendle - peter.rendle@marinebusinessworld.com

Marskeel 2019 600x500   Maritimo 2023 MPU S75


Brunswick Corporation named to Forbes' list of America's Best Employers for Veterans
For the fourth consecutive year, Brunswick Corporation (NYSE: BC) has been named by Forbes and Statista to the 2023 list of America's Best Employers for Veterans.

Dockmate and Hinckley cooperate on integration with the JetStick 4
Dockmate, manufacturer of advanced wireless remote controls for yachts, announced today the integration of Dockmate wireless joystick docking technology with the JetStick 4, the proprietary joystick controller from Hinckley Yachts.

Marine Resources latest jobs: A perfect time to ponder fresh beginnings
Can you believe we're just a stone's throw away from the end of the year? As the calendar pages flip, it's the perfect time to ponder fresh beginnings, and we've got some exciting opportunities lined up for you!

Allen 2022 - TiiTAN MPU   Barz Optics 2023 MBW 1
Marine Auctions: November Online Auctions and Boats for Private Sale
November Online Auction, Bidding starts on Tuesday 21st November and will end on Monday 27th November 2023 at 2pm AEST.

Coast Guard Foundation announces 2023 Texas Salutes the Coast Guard event
The Coast Guard Foundation, a non-profit organization committed to strengthening the Coast Guard community and service by supporting members and families, announced today the Texas Salutes the Coast Guard event will be held Wednesday

Leisure marine sector getting ready for business in Amsterdam
Just a little more than a week and counting as many thousands of leading marine professionals prepare to meet at the world's largest gathering of leisure marine industry businesses on Wednesday 15 to Friday 17 November in Amsterdam.

Cyclops Marine 2023 October - MPU   J Composites 2022 - J99 MPU
Vetus D and M-Line diesel engines gain HVO approval
VETUS, creator of complete onboard boat systems, has announced that approval has now been granted to use Hydrotreated Vegetable Oil (HVO) on its D and M-Line series of marine diesel engines.

Daniamant launches ODEO SOS Electronic Flare
Leading marine safety equipment manufacturer, Daniamant, announces the latest addition to its innovative range of electronic visual distress signals - the ODEO SOS Electronic Flare.

Visit Allen Brothers at METSTRADE 2023
Allen are excited to announce our participation in the upcoming METSTRADE 2023 trade show. This highly-anticipated event is set to take place from the 15th to the 17th of November at the RAI Amsterdam Convention Centre.

Marine Auctions 2019 600x500   North Sails Performance 2023 - MPU
2022 U.S. Statistical Abstract: Recreational Boat and Marine Engine Exports and Imports Report
The Recreational Boat and Marine Engine Exports and Imports section of NMMA's 2022 U.S. Recreational Boating Statistical Abstract is now available.

ASA President Glenn Hughes speaks out on boating speed restrictions
Proposed Atlantic Coast speed restrictions are one of the greatest threats facing our industry.

Yacht Racing Forum: Let's meet next week in Amsterdam!
The Yacht Racing Forum 2024 will take place in Amsterdam alongside METSTRADE and will be the opportunity for companies involved in yacht racing to discuss the future of the sport, discover the latest technologies and do business.

RS Sailing 2021 - MPU   Selden 2023 CXe
Risk Strategies - Gowrie Group talks travel insurance, carnival show opens USVI Charter Yacht Show
Air arrivals to the U.S. Virgin Islands were up 24.8% in 2022 outpacing pre-pandemic numbers in 2019, according to the USVI Bureau of Economic Research.

Ahoy! Insurance & American Sailing Announce Strategic Partnership
The partnership provides AS members with a best-of-breed insurance offering and bespoke features crafted specifically for boaters enabled by Hilb Group which will provide comprehensive live support.

MarineMax partners with the American Cancer Society for another year
MarineMax partnered with the American Cancer Society again to support cancer screening awareness.

Upffront 2020 Foredeck Club SW MPU   Vaikobi 2023 Gloves - MPU
2022 Total Boat Registrations Report available for download
The 2022 report on total boat registrations is now available to download, part of the 2022 U.S. Recreational Boating Statistical Abstract.

Costa Rican superyacht docks replaced with SF Marina
A dream boating destination, the Pacific Coast of Costa Rica draws elite yachts from around the world. Owners and crew of these luxurious vessels expect premier facilities.

ABYMA Showcase to take place at Lucky Eddi's
On November 16-17, 2024 the Antigua & Barbuda Yachting & Marine Association (ABYMA) will present over twenty leading companies & organizations that provide service and support to the marine industry.

Appointment: Group Beneteau's Finance Direction evolves
Nicolas Retailleau has been appointed Chief Financial Officer of Groupe Beneteau, effective November 1, 2023, succeeding Bruno Thivoyon, currently Chief Executive Officer of the Group and Boating Solutions division.

IGFA announces monumental sale of headquarters to Bass Pro Shops and Baywood Hotels
IGFA, a global leader in game fish conservation, today announced the strategic sale of its building and the south parcel of its property to Bass Pro Shops and Cabela's, and the north parcel of its property to Baywood Hotels.

Dockmate introduces dynamic positioning system
Dockmate, the leading manufacturer of advanced wireless remote controls for yachts, announced today the introduction of a new feature for their wireless remote control systems - Dockmate Positioning System (DPS).

Marine Resources latest jobs: November opportunities await
Can you believe it's already November? Time really does fly! As we step into this fresh new month, we're excited to share some exciting opportunities with you.

Selden 2020 - FOOTER

Upffront 2020 Foredeck Club SW FOOTER

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North Sails Loft 57 PodcastJ Composites J/45Maritimo 2023 M600 FOOTER