Please select your home edition
Edition
Maritimo 2021 - M60 - LEADERBOARD

Marine industry remains buoyant despite Covid - North American MarineBusinessWorld newsletter

07/07/2021


Marine industry remains buoyant despite Covid - North American MarineBusinessWorld newsletter

Maritimo 2021 - M600 - LEADERBOARD

Sea Sure 2020 - SHOCK-WBV - LEADERBOARD

New Powerboat sales remain strong through April - photo © National Marine Manufacturers Association


Dear Recipient Name

A snapshot of the past 30 days in the North American marine industry reflects a buoyant market and plenty of activity.

Politics

Ahead of President Joe Biden's trip to Europe for the U.S.-E.U. summit, the National Marine Manufacturers Association (NMMA) reiterated its call for the Biden administration to reach an agreement with their European counterparts that would end Section 232 steel and aluminum tariffs and subsequent retaliatory tariffs on American-made boats.

J Composites 2020 - MPU   Marine Auctions 2019 600x500

Stats

The Total Industry Sales by Category and State section of NMMA's 2020 U.S. Recreational Boating Statistical Abstract is now available on NMMA.org. Total recreational marine expenditures reached a high of $49.4 billion in 2020, up 14.2% from 2019, in a record year for the boating industry as Americans sought ways to spend and enjoy time on the water amid the coronavirus pandemic.

Discover Boating - photo © National Marine Manufacturers Association
Discover Boating - photo © National Marine Manufacturers Association

The NMMA reports new boat sales remained strong through April, according to the latest New Powerboat Registrations Report. Data shows retail unit sales of new powerboats were up 32 percent on a rolling 12-month (R12M) year-over-year (YOY) basis through April, reflecting the surge in demand and sales over the past year. Runabout boats, pontoons, wake sport boats and cruisers drove new boat sales in April, with R12M YOY increases between 40-50 percent.

Maritimo 2021 - Brand Models MPU   Marskeel 2019 600x500

Acquisitions and expansions

MarineMax announced the acquisition of Nisswa Marine, a full-service dealer located in Nisswa, Minnesota.

Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, announced the purchase of Ocean Isle Marina in Ocean Isle Beach, North Carolina.

Brunswick Corporation (NYSE: BC) today announced that it has entered into a definitive agreement to acquire Navico, a global leader in marine electronics and sensors for $1.05 billion. This covers the brands Lowrance, Simrad, B&G, and C-MAP.

Silent-Yachts Port Adriano - photo © Silent Yachts
Silent-Yachts Port Adriano - photo © Silent Yachts

Silent-Yachts kicks off the summer season in style. The innovative Austrian shipyard opens two new offices on both sides of the Atlantic.

OneWater Marine Inc (NASDAQ: ONEW) announced that it has reached an agreement to acquire the assets of Stone Harbor Marina, which will enhance the company's presence in the northeastern U.S. and expand new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings. The transaction is expected to close in the fiscal fourth quarter of 2021.

Galeon Yachts recently announced the addition of Freedom Marine International Yacht Sales to their list of top-of-the-line dealers.

Vaikobi 2021 FlexForce - MPU   Sea Sure 2021 - Blakes Toilets - MPU

Events

As one of the first global leisure marine shows to reopen its doors, METSTRADE 2021 promises to be a special moment. From 16 to 18 November, RAI Amsterdam will host the physical reunion of our industry after over 1.5 years of virtual meetings.

IBEX is hosting the Innovation Awards program during their event taking place September 28-30 at the Tampa Convention Center.

ABYC's annual Educator Training Conference takes place virtually July 20-22, 2021.

Progressive Insurance St. Louis Boat & Sportshow - photo © National Marine Manufacturers Association
Progressive Insurance St. Louis Boat & Sportshow - photo © National Marine Manufacturers Association

The 2022 Progressive® Insurance St. Louis Boat & Sportshow®, presented by Discover Boating, originally scheduled from January 13-16, has been moved to February 3-6, 2022, to accommodate another event at America's Center Convention Complex.

Organizers of the USVI Charter Yacht Show, the premier event in the U.S. Virgin Islands for charter brokers and crewed yachts to see and be seen, are pleased to announce that the 2021 show will take place November 7 to 10, at IGY's (Island Global Yachting) Yacht Haven Grande St. Thomas Marina.

Zhik 2021 New Season MPU   Highfield Boats - MBW - MPU

New Products

Two of Brunswick Corporation's leading boat brands, Boston Whaler and Sea Ray, announce the launch of the "MyWhaler" and "Sea Ray+" apps, designed to improve the boat ownership experience by reducing friction across the entire ownership journey.

Experienced silicone product manufacturer General Silicones (GS) shares how its Compo-SiL® technology is a green alternative to toxic leather and leatherette materials used for marine upholstery. The extreme environment of the marine environment so far required upholstery companies to rely on faux leather products based on expanded vinyl. Unfortunately, those products are a mix of vinyl plastic and a high percentage of PVC, a plastic notorious for its toxicity during manufacturing, disposal, and as a microplastic source.

South Korea's first commercialised hydrogen electric boat has been unveiled at the 2021 Busan International Boat Show, winning the event's Best Boat of the Year award. Developed by Vinssen, the Hydrogenia vessel is powered by a Danfoss Editron electric drivetrain and sub-system.

From left to right: Fig. 1, Fig 2. New Lowrance software release featuring safety enhancements, SiriusXM Fish Mapping Integration - photo © Lowrance
From left to right: Fig. 1, Fig 2. New Lowrance software release featuring safety enhancements, SiriusXM Fish Mapping Integration - photo © Lowrance

Lowrance rolled-out updated software for its line of HDS Live, HDS Carbon and Elite FS fishfinders. The updates include a series of radar interface improvements and new features focused on safety, like Dangerous Target Alert updates, as well as a key integration with SiriusXM® Marine Fish Mapping™ service covering North America.

KVH Industries, Inc (Nasdaq: KVHI) announced that it has introduced the TracPhone® LTE-1 Global marine communications system designed to provide recreational boaters and commercial mariners in more than 150 countries with Internet access up to 20 miles offshore.

Allen 2020 - A.597 - 600x500   Coast Guard Foundation MPU 2

People

Four members of the American Sportfishing Association (ASA) were elected or re-elected to fill two At-Large seats and two regional seats on the board of directors. Their three-year terms begin October 1, 2021. ASA is the national trade association that represents the sportfishing industry.

OneWater Marine Inc. announced that marine industry veteran James Brewer will join the Company as Managing Director of the Roscioli Yachting Center, effective July 12, 2021.

Navico®, parent company to the Lowrance®, Simrad Yachting, B&G® and C-MAP® brands, have announced the hiring of Kim Rodriguez as its new PR Manager for the Americas, bringing the communications position in-house for the first time.

There is more news appearing on the North American Marine Business World website and we welcome your news. For more information, or to provide a press release, contact peter.rendle@marinebusinessworld.com

Peter Rendle
MarineBusinessWorld.com Editor

Colligo 2021 MPU   North Sails 2021 MPU


National Sailing Hall of Fame announces 2021 inductees
The members of the Class of 2021 join 90 current Hall of Famers, all of whom will be featured in the Legends of Sailing exhibition at The Sailing Museum, which is scheduled to open in May of 2022.

Limestone welcomes Mr. Alan D. Gaines to its Board of Directors
The Limestone® Boat Company Limited ("Limestone") (TSXV:BOAT), announces that Mr. Alan D. Gaines has joined the board of Limestone effective immediately, subject to the approval of the TSX Venture Exchange (the "TSXV").

BCI Marine becomes the official Canadian distributor of X Shore Eelex 8000
Canadians can book a test-drive and pre-order the all-electric and connected Eelex 8000. BCI Marine, a Canadian distributor with a passion for innovative boats will have a fleet of the Eelex 8000, a 100% electric boat powered by intelligent software.

Rooster 2020 - Impact BA - MPU   Upffront 2020 Foredeck Club SW MPU
Drew International acquires TRAC Ecological
Drew International has acquired Trac-Ecological, a Florida-based company. Trac-Ecological has been a leading supplier of environmentally friendly and incredibly effective chemical solutions for yachts and other pleasure boats.

Countdown to a safe, successful and realistic METSTRADE Show
As one of the first global leisure marine shows to reopen its doors, METSTRADE 2021 promises to be a special moment. RAI Amsterdam will host the physical reunion of the industry after over 1,5 years of virtual meetings.

Michigan DNR approves $4 million in grants for recreational boating improvements and development
The Michigan Department of Natural Resources recently announced that more than $4 million in grant funding will be awarded to 23 communities throughout the state to boost recreational boating.

Aquaventures 2021 - Sea Angel MOB - MPU   RS Sailing 2021 - MPU
Registration open for IBEX 2021, returning in-person to Tampa Sept. 28-30
The International BoatBuilders' Exhibition and Conference (IBEX) announced today that registration is now open for the 30th Anniversary of IBEX, to be held September 28-30, 2021, in the Tampa Convention Center.

MarineMax expands in the Midwest with Nisswa Marine
MarineMax announced the acquisition of Nisswa Marine, a full-service dealer located in Nisswa, Minnesota.

American Sportfishing Association elects Board of Directors for 2022
Four members of the American Sportfishing Association (ASA) were elected or re-elected to fill two At-Large seats and two regional seats on the board of directors. Their three-year terms begin October 1, 2021.

Cyclops 2020 - Dec2020 - MPU   PBW Newsletter Sign-Up
Boston Whaler and Sea Ray launch new apps to enhance the boat ownership experience
Two of Brunswick Corporation's leading boat brands, Boston Whaler and Sea Ray, today announced the launch of the “MyWhaler” and “Sea Ray+” apps, designed to improve the boat ownership experience by reducing friction across the entire ownership journey.

Report: New Powerboat sales remain strong through April
The NMMA reports new boat sales remained strong through April, according to the latest New Powerboat Registrations Report.

Sealegs appoints new Global After Sales Manager and Global Service Manager
Sealegs International today announced the appointment of Jack Ewen as Global After Sales Manager, and Fares Hamed as Global Service Manager.

Northrop & Johnson awarded top workplace in South Florida
Alongside this award, they were ranked first in the medium-sized company category in South Florida Business Journal's 2021 Best Places to Work Awards.

The recreational fishing industry reconnects at ICAST in July
With Orlando, Fla. as the backdrop, the 64th International Convention of Allied Sportfishing Trades, better known as ICAST, will be in-person and onsite this July 20 - 23, in the North Building of the Orange County Convention Center.

MasterCraft Boat Holdings, Inc. announces new $50 Million Share Repurchase Program
MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the "Company") announced today that its Board of Directors has authorized a new share repurchase program.

Godfrey Marine recognized for commitment to community service with the Governor's Half Century Award
Godfrey Marine, manufacturer of premium family Godfrey pontoon boats and Hurricane deck-boats, announced today it has been recognized for its 63-year longevity in manufacturing and service to its employees

Marine Auctions July Online Auctions
Marine Auctions are happy to provide details of the Vessels and Marina Berth that we will be offering for sale in our next Online Auction.

Southern Marinas acquires Ocean Isle Marina
Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, announced today the purchase of Ocean Isle Marina in Ocean Isle Beach, North Carolina.

2020 U.S. Boating Statistical Abstract: Cruiser, fishing boat & trailer sales trends now available
The Cruiser, Watersport, Fishing Boat & Trailer Sales Trends section of NMMA's 2020 U.S. Recreational Boating Statistical Abstract is now available on NMMA.org.

Brunswick to acquire Navico; will enhance leadership position in marine technology
Brunswick Corporation (NYSE: BC) today announced that it has entered into a definitive agreement to acquire Navico, a global leader in marine electronics and sensors for $1.05 billion.

Call for entries now open for IBEX Innovation Awards
IBEX is hosting the Innovation Awards program during this year's event, taking place September 28-30 at the Tampa Convention Center.

McConaghy announces hull #1 of MC75 model
Designed to offer contemporary on-water living with an apartment-like style, the MC75 is lightweight, eco-friendly and, as with all models in the McConaghy Multihull range, fully customisable.

New Lowrance software release featuring safety enhancements, SiriusXM Fish Mapping Integration
Lowrance®, a world-leader in fishing electronics since 1957, rolled-out updated software this month for its line of HDS Live, HDS Carbon and Elite FS fishfinders.

ABYC Educator Training Conference takes place July 20-22 - Marine Workforce Wanted
Designed for high school and post-secondary instructors, as well as boating industry leaders that want to get more involved in creating a strong future workforce, anyone involved in the marine tech space is encouraged to attend.

Sander Gesink appointed Marketing Director to build Vetus, Smartgyro and Flexofold brands
The creator of boat systems, Vetus, has announced the appointment of Sander Gesink as the new Marketing Director for the brands Vetus, Smartgyro and Flexofold.

OneWater Marine welcomes James Brewer as Managing Director of Roscioli Yachting Center
OneWater Marine Inc. (NASDAQ: ONEW) ("OneWater" or "the Company") announced today that marine industry veteran James Brewer will join the Company as Managing Director of the Roscioli Yachting Center, effective July 12, 2021.

South Korea's first commercialised hydrogen electric boat officially unveiled
South Korea's first commercialised hydrogen electric boat has been unveiled at the 2021 Busan International Boat Show, winning the event's Best Boat of the Year award.

Silent-Yachts announces opening of new offices and the delivery of new solar electric catamaran
Silent-Yachts kicks off the summer season in style. The innovative Austrian shipyard opens two new offices on both sides of the Atlantic.

North Sails 2021 FOOTER

Highfield Boats - MBW - FOOTER

This email was sent to the.recipients@email.address by YY Online Services Ltd.
Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW
Registered in England No. 7895890

Our records show that you signed up to receive news from us on 1 January 2000

Please do not reply to this message as this address cannot receive replies.

You can unsubscribe at any time or email us here if you encounter any difficulties
Get My Boat 2021 FOOTERCyclops 2020 - SmartlinkNano - FOOTER11th Hour Racing 2021 - OCT15 - FOOTER