Industry optimistic ahead of Presidential Election - North America MarineBusinessWorld newsletter

02/10/2020

Wholesale boat shipments and new powerboat retail sales climb for third consecutive month - photo © NMMA

Dear Recipient Name

As the country continues to wrestle with the Covid-19 pandemic the two candidates for the next Presidential term are locked in battle debating their respective merits. Our monthly North America Marine Business World newsletter summarises some of the activity in our industry over the past month.

Industry Update

Marine CEOs - Q2 sentiments more optimistic. NMMA's Q2 2020 Marine CEO Sentiment Report, a quarterly survey to assess the state and needs of U.S. recreational boat, engine and marine accessory manufacturing businesses, is now available.

International Boating Community urges US, EU trade officials to remove tariffs on boats. NMMA, the International Council of Marine Industry Associations (ICOMIA), and the European Boating Industry (EBI) sent a letter to the United States (U.S.) and European Union (EU) trade officials applauding their recent progress on trade negotiations and urging them to reach an agreement that removes the EU's 25 percent tariff on U.S. manufactured boats.

Wholesale boat shipments and new powerboat retail sales climb for third consecutive month. New data from the NMMA show wholesale shipments of new boats increased for the third consecutive month in July, doubling compared to June on a seasonally adjusted basis, as boat building production continued to gain momentum across all boat categories.

International Boating Community urges US, EU trade officials to remove tariffs on boats - photo © NMMA

New Boats

McConaghy introduces the Makara superyacht series. With the Makara sailing superyacht series, McConaghy establishes its position in the semi-custom luxury yacht sector, introducing a highly advanced and complex design which, in its resulting simplicity of use, sets it apart.

Groupe Beneteau adapts its 2021 new model launch strategy. As numerous boat shows have been cancelled in different regions of the world, Groupe Beneteau and its brands are proud to announce the new models of the 2021 season that will be presented through a series of private events.

Oceanis 40.1 - photo © Beneteau

Announcing a new breed of tradition - Cape50. The Cape50 has been conceived, designed and built in Australia to meet real boating conditions by Steve Campbell's Composites Constructions. Campbell is a 30-year master Shipwright, and dedicated ocean racer who has worked and sailed at the highest level, the America's Cup. His first was 1995 with Peter Gilmour's Nippon Challenge, and then 2000 with Paul Cayard's AmericaOne.

Cape50 - Combining traditional themes with a European style. - photo © Cape Motor Yachts

New Products

E3 Andromeda: the smallest of Ewol propellers. Small but powerful, it has a slim and light body and it's suitable for boats from 6 to 10 meters and engines from 7 to 30 hp.

Ewol Andromeda - photo © Ewol

Handy New Drybags From Zhik. Joining Zhik's range of technical luggage for sailing and watersports, are two different handy dry bags. The perfect Christmas gift?

Zhik 30L Dry BackPack - photo © Zhik

New Mercury Racing 360 APX Outboard debuts. The new Mercury Racing 360 APX competition outboard is a potent four-stroke V8 designed specifically to power Formula One tunnel boats on the UIM F1H2O World Championship.

Company Activity

Draco Boats expanding dealer network in the United States. Draco Boats, known the world over for ultra-clean, Scandinavian design and cutting-edge innovation, announced today that due to increased demand it is seeking to expand its dealer network in the United States together with sole importer and distributor Navic, LLC.

Draco 27, - photo © Draco Boats

Harken employees acquire Harken. Peter Harken explains "Throughout the years, Olaf and I have been approached by lots of good people interested in acquiring our business. The way we decided was simple. We turned down every offer that didn't present a brighter future for our people than we could create on our own. We started this company to build the best sailing products we could at a fair price. We've had good success doing it, and that makes us proud.

Harken ownership senior management - photo © Harken

Marine Connection joins Cobalt Boats dealer team. Cobalt Boats proudly announces Marine Connection has joined its dealer team with five locations in Southwest Florida, including West Palm, Stuart, Vero Beach, Lauderdale, and Miami. Marine Connection is a full-service dealership offering a full line of new Cobalt models.

There's much more marine industry news at www.marinebusinessworld.com/NorthAmerica

Stay safe,
Peter Rendle - peter.rendle@marinebusinessworld.com

DAME R&D Excellence in Adversity Award call for entries
The DAME R&D Excellence in Adversity Award will celebrate the efforts of global equipment manufacturers that have kept design at the forefront of their development efforts during the pandemic challenges of 2020.

Growing marina portfolio adds Ponce Inlet, Florida location
Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today the purchase of Inlet Harbor Marina in Ponce Inlet, Florida on September 24, 2020.

Barton Expands in the USA with the launch of Barton US
Barton Marine is expanding in the USA with the launch of Barton US LLC. Well respected across the globe for its comprehensive range of sailboat hardware, made by sailors for sailors, the new dedicated local US presence will hugely boost service levels.

GOST wins fourth NMEA Product of Excellence Award in Remote Vessel Monitoring category
GOST® announced today the GOST Apparition SM GPS XVR has been awarded the Product of Excellence Award by the 2020 National Marine Electronics Association (NMEA) Conference and Expo in the category of Remote Vessel Monitoring Systems.

ACR introduces ResQFlare and distress flag as USCG-certified alternative to pyrotechnic flares
The high intensity LED electronic distress flare and accompanying Distress Flag provide a complete distress signalling solution that is certified to meet USCG requirements as a reliable and highly efficient alternative to onboard pyrotechnic flares.

Dometic receives RINA certification for electric power steering
Dometic Marine introduces groundbreaking Electric Power Assist Steering System. Easy to be mounted to all major outboard brands and integrated with existing steering systems

The World's first 12/24 volt waterproof, wireless charger range
The days of messing with phone charger cables (and trying to keep them dry) are over, with the release of the ROKK wireless system - the world's first range of certified waterproof, wireless phone chargers.

Recreational boating community applauds Bipartisan Legislation to protect small businesses
U.S. Senators Marco Rubio (R-FL), Angus King (ME-I), Ben Cardin (D-MD), John Kennedy (R-LA), Ron Wyden (D-OR), Susan Collins (R-ME) and Joni Ernst (R-IA) introduced the PREPARE Act.

IBEX Online announces Innovation Award winners
Managed by the National Marine Manufacturers Association (NMMA) and judged by Boating Writers International (BWI), the awards were presented at the Opening Session and Awards Presentation on Tuesday, September 29th.

E3 Andromeda: the smallest of Ewol propellers
Lighter, but always very performing with the engine both forward and reverse, and increases the sailing speed in the utmost silence.

Wholesale boat shipments and new powerboat retail sales climb for third consecutive month
New data from the NMMA show wholesale shipments of new boats increased for the third consecutive month in July, doubling compared to June on a seasonally adjusted basis, as boat building production continued to gain momentum across all boat categories.

Announcing Quantum Sails Zenda
Melges Performance Sailboats is proud to announce the opening of Quantum Sails Zenda. This marks an incredible opportunity to better serve Melges sailors worldwide with greater design collaboration, stronger class expertise, and a unified commitment

McConaghy introduces the Makara superyacht series
With the Makara sailing superyacht series, McConaghy establishes its position in the semi-custom luxury yacht sector, introducing a highly advanced and complex design which, in its resulting simplicity of use, sets it apart.

OneWater Marine launches hurricane relief fund in statement from CEO
OneWater Marine Inc. announced today that it has launched HurricaneReliefNow.com to raise money for our neighbors affected by the recent hurricanes to impact the Gulf Coast.

International Boating Community urges US, EU trade officials to remove tariffs on boats
Last week, NMMA, the ICOMIA, and the EBI sent a letter to the U.S. and EU trade officials applauding their recent progress on trade negotiations and urging them to reach an agreement that removes the EU's 25 percent tariff on U.S. manufactured boats.

Draco Boats expanding dealer network in the United States
Draco Boats announced today that due to increased demand it is seeking to expand its dealer network in the United States together with sole importer and distributor Navic, LLC.

Poralu Marine revolutionizes its core business and launches 'Marina Management & Consulting'
In the 21st century where traditional land planning methods are running out of steam, designing sustainable projects for maritime shorelines and nautical spaces that serve multiple purposes is becoming a priority for local communities.

Coast Guard Foundation announces 167 new scholarships awarded for 2020-2021 academic year
The Coast Guard Foundation, a non-profit organization committed to strengthening the Coast Guard community and service by supporting members and families, announced today that it awarded 167 scholarships in 2020, totaling $503,000 in support.

Handy New Drybags From Zhik
Joining Zhik's range of technical luggage for sailing and watersports, are two different handy dry bags. The perfect Christmas gift?!

Harken employees acquire Harken
"Olaf and I have been approached by lots of good people interested in acquiring our business. The way we decided was simple. We turned down every offer that didn't present a brighter future for our people than we could create on our own."

Marina Gold Anchor Training commences in USA
Last November the West Coast USA based Marine Recreation Association (MRA) and the Marina Industries Association (MIA) based in Australia entered into a collaborative agreement to launch the Global Gold Anchor program.

Garmin launches OnDeck remote boat monitoring system
Garmin International Inc. today announced its new OnDeck System, a remote monitoring and management solution that gives boaters 24/7 access to critical and timely information about their vessel.

Marine CEOs – Q2 sentiments more optimistic
NMMA's Q2 2020 Marine CEO Sentiment Report, a quarterly survey to assess the state and needs of U.S. recreational boat, engine and marine accessory manufacturing businesses, is now available.

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