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Mixed signals from industry bodies re market state - MarineBusinessWorld North America newsletter

08/04/2026


Mixed signals from industry bodies re market state - MarineBusinessWorld North America newsletter

Maritimo M600

Cyclops Marine 2023 November - LEADERBOARD

Latest Outboard Engine Trends Report - photo © NMMA


Dear Recipient Name

NMMA released its annual Outboard Engine Sales Trends report, part of the 2025 U.S. Recreational Boating Statistical Abstract, offering a comprehensive look at one of the recreational boating industries closely watched segments.

In 2025, U.S. outboard engine sales totalled 267,000 units, a 3.9% decline year-over-year. Despite softer unit demand, the market remained stable overall, supported by resilient pricing and continued strength in higher horsepower segments. Total market value reached $3.5 billion, while average retail prices rose 3.2% to $13,081.

Steel and Aluminum - photo © National Marine Manufacturers Association
Steel and Aluminum - photo © National Marine Manufacturers Association

On April 2, 2026, President Trump signed a proclamation making significant structural changes to the Section 232 tariff regimes for steel, aluminum, and copper, effective April 6, 2026. The proclamation establishes a new framework for determining applicable tariff rates and modifies which derivative articles are covered. An accompanying fact sheet is available here.

This proclamation also removed previously-imposed Sec. 232 aluminum tariffs on fishing reels, reel accessories, landing nets among many other products. These changes went into effect on Monday, April 6, 2026. The following products are NO LONGER subject to Sec. 232 aluminum tariffs: 9507.30.2000 — Fishing reels not valued over $2.70 each: 9507.30.4000 — Fishing reels valued over $2.70 but not over $8.45 each: 9507.30.6000 — Fishing reels valued over $8.45 each: 9507.30.8000 — Fishing reel parts and accessories: 9507.90.6000 — Fishing landing nets / similar nets. Click here for Customs implementation guidance.

Consumer Confidence Index - photo © National Marine Manufacturers Association
Consumer Confidence Index - photo © National Marine Manufacturers Association

The Conference Board's Consumer Confidence Index increased 0.8 points in March to 91.8, marking a second consecutive month of modest improvement. The gain was driven by a 4.6-point increase in the Present Situation Index to 123.3, reflecting improved views of current business conditions, while labor market perceptions remained relatively stable. The Expectations Index declined 1.7 points to 70.9, indicating increased concern about job prospects and income over the next six months. Inflation expectations also moved higher, reaching their highest level since August 2025. Survey responses suggest consumers anticipate rising prices and interest rates, while expectations for stock market gains declined.

Palm Beach International Boat Show 2026 - photo © PBIBS Media
Palm Beach International Boat Show 2026 - photo © PBIBS Media

The 2026 Palm Beach International Boat Show (PBIBS) concluded its five-day run with its largest concentration of superyachts to date, reinforcing its position as a leading U.S. marketplace for high-value vessel transactions and global brokerage activity. This year's show featured a record-setting fleet, including 10 yachts exceeding 200 feet, more than 30 over 100 feet, and over 100 vessels above 80 feet, marking a significant expansion in both scale and inventory. Exhibitor activity reflected strong engagement across the market. Tureddi Yachts announced the sale of its first fully custom TD27 during the show, marking a milestone for the builder, while MarineMax reported selling more than 100 vessels during PBIBS.

Amy Walter  - photo © National Marine Manufacturers Association
Amy Walter - photo © National Marine Manufacturers Association

The American Boating Congress (ABC), taking place May 4-6, will feature one of the nation's top political analysts: Amy Walter. Amy Walter is the national editor of the Cook Political Report and a familiar face to many as a regular panellist on Meet the Press, Face the Nation, and PBS NewsHour. With more than two decades of experience covering elections and the inner workings of Washington, she is widely recognized for her clear, objective, and insightful analysis of the political landscape.

Carol Ewing - photo © US Sailing
Carol Ewing - photo © US Sailing

US Sailing this week announced the appointment of Carol Ewing to its Board of Directors, bringing decades of leadership, operational expertise, and deep involvement in the sport of sailing at the highest levels. Ewing, a lifelong sailor and accomplished race official, has been a driving force in regatta management and race administration both nationally and internationally for more than 40 years. Her extensive experience spans roles as regatta organizer, coordinator, scorer, Principal race Officer (PRO), and event chairman across a wide range of classes and competitive formats.

Marskeel 2019 600x500   Seawind 1170 Boat Show

The U.S. SailGP Team has announced a new partnership with Ocean Conservancy's Protect Where We Play initiative to support its Global Ghost Gear Initiative (GGGI), a global effort to remove lost and abandoned fishing gear from the ocean and prevent it from harming marine ecosystems. The collaboration brings together elite sport and ocean advocacy to raise awareness of "ghost gear" lost and abandoned fishing gear that continues to trap marine life, damage habitats, and contribute to ocean pollution long after it enters the water. Through storytelling, athlete engagement, and live events throughout the 2026 Rolex SailGP Championship, the partnership will mobilize fans and stakeholders to better understand the issue and support solutions being advanced through the Global Ghost Gear Initiative's work in the United States and around the world.

September 17, 2024. UniCredit Youth America's Cup, Race Day 6 - Group B. Andoo Team Australia Youth Team - photo © Ricardo Pinto / America's Cup
September 17, 2024. UniCredit Youth America's Cup, Race Day 6 - Group B. Andoo Team Australia Youth Team - photo © Ricardo Pinto / America's Cup

The America's Cup Partnership this week welcomes UniCredit back onboard as both a Global Partner and Global Banking Partner for the Louis Vuitton 38th America's Cup. Having sponsored the UniCredit Youth America's Cup in Barcelona, the pan-European bank that operates in multiple countries is now synonymous with the America's Cup with a long-term commitment to the success of the competition.

More marine industry news at www.marinebusinessworld.com/NorthAmerica

Peter Rendle - peter.rendle@worldmarine.media

Maritimo M75   Seldén Dinghy Online Store


US Sailing Announces Carol Ewing to Board of Directors
US Sailing today announced the appointment of Carol Ewing to its Board of Directors, bringing decades of leadership, operational expertise, and deep involvement in the sport of sailing at the highest levels.

Latest Outboard Engine Trends Report Shows Shift to Higher Horsepower Continues
NMMA released its annual Outboard Engine Sales Trends report, part of the 2025 U.S. Recreational Boating Statistical Abstract, offering a comprehensive look at one of the recreational boating industry's closely watched segments.

America's Cup: ACP confirms Marzio Perrelli as Chief Executive Officer
As reported in Sail-World and some Italian media in mid-February, the America's Cup Partnership (ACP) has now confirmed former Sky Italy as Executive Vice President, Marzio Perrelli as Chief Executive Officer.

Vaikobi Custom Teamwear   Colligo Marine 2025
New Action Removes Sec. 232 Aluminum Tariffs on Reels, Nets and More
Last week, President Trump issued a Proclamation that removes previously-imposed Sec. 232 aluminum tariffs on fishing reels, reel accessories, landing nets among many other products. These changes went into effect on Monday, April 6, 2026.

U.S. SailGP Team Partners with Ocean Conservancy's Protect Where We Play Initiative
The U.S. SailGP Team today announced a new partnership with Ocean Conservancy's Protect Where We Play initiative to support its Global Ghost Gear Initiative (GGGI), a global effort to remove lost and abandoned fishing gear from the ocean.

Palm Beach International Boat Show closes with largest superyacht fleet in event history
The 2026 Palm Beach International Boat Show (PBIBS) concluded its five-day run with its largest concentration of superyachts to date, reinforcing its position as a leading U.S. marketplace for high-value vessel transactions and global brokerage activity.

Cyclops 2025 Cruising   Marine Auctions 2019 600x500
Political Analyst Amy Walter to speak at ABC 2026
The American Boating Congress (ABC), taking place May 4-6, will feature one of the nation's top political analysts: Amy Walter.

Pacific Cup to increase scientific understanding of plastic pollution
The Ocean Cleanup is putting the call out to competitors taking part in the Pacific Cup to contribute to the advancement of ocean cleanup technology and protecting marine ecosystems by installing innovative AI cameras and taking smart buoys.

Administration revises Section 232 tariffs targeting steel, aluminum and copper
On April 2, 2026, President Trump signed a proclamation making significant structural changes to the Section 232 tariff regimes for steel, aluminum, and copper, effective April 6, 2026.

RS Sailing 2021 - MPU   North Sails Loft 57 Podcast
Scott Roberton recognized by Ocean Alexander for 2025 Sales Excellence
Ocean Alexander is proud to recognize Scott Roberton at its 2025 Sales Recognition Dinner, held last week on the opening night of the Palm Beach International Boat Show at Ruth's Chris Steak House.

Zach Hutcheson steps into Chief Executive Officer role at Correct Craft
Zach Hutcheson has stepped into the Chief Executive Officer role at Correct Craft. Hutcheson succeeds Bill Yeargin, who served as CEO for the past two decades.

UniCredit confirmed as global partner and banking partner of the Louis Vuitton 38th America's Cup
The America's Cup Partnership today welcomes UniCredit back onboard as both a Global Partner and Global Banking Partner for the Louis Vuitton 38th America's Cup.

Allen Sailing   A+T QBD7
ACR Electronics raises awareness of Safety Beacons on Annual 406Day
Every April 6th, ACR Electronics and its brand Ocean Signal join forces with industry partners for the annual 406Day to raise awareness about life-saving 406 MHz beacon technology.

Consumer Confidence edges higher, outlook reflects growing uncertainty
The Conference Board's Consumer Confidence Index increased 0.8 points in March to 91.8, marking a second consecutive month of modest improvement.

Inside Maritimo Newsletter
The Maritimo Muster at Waiheke Island delivered a weekend that perfectly captured everything boating should be – effortless, social, and set against one of the most spectacular backdrops in the world.

Nothing Drives Like a Rental!
The 2026 Velocitek RTK Puck is available as a rental-only system at $50 per boat per day*, making it easy for fleets to try centimeter-level accuracy without purchasing new hardware.

Correct Craft thanks Bill Yeargin for 20 years of leadership
Correct Craft recognized and thanked Bill Yeargin for 20 years of leadership and service to the company.

A+T QBD7

North Sails Loft 57 Podcast

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Selden CXrCyclops Marine 2023 November - FOOTERA+T QBD7