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More positive news from the boating industry - MarineBusinessWorld.com North American newsletter

26/07/2019


US MarineBusinessWorld.com Newsletter: More positive news from the boating industry

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The Maritimo X50 is a truly capable offshore performer. - photo © John Curnow


Dear Recipient Name

NMMA's New Powerboat Registration Report has been updated with data through May. Preliminary data from the report shows new powerboat registrations were up 3.3 percent through May on a rolling 12-month year-over-year basis and up one percent on a rolling 3-month year-over-year (R3M YOY) basis.

At the same time United Yacht Sales, the world's largest professional yacht brokerage firm with more than 165 yacht brokers worldwide, reported that sales increased 26% in the second quarter of 2019 compared with the same quarter in 2018. The increase in overall sales was attributed to positive marketing results, an influx of new yacht brokers joining the company, and an overall strong brokerage market for United. In January, United reported that brokerage sales grew 40 percent in 2018 compared to 2017. "Not only did we see a nice uptick in the number of brokerage sales in the second quarter, but the overall value of each deal also increased," said Peter Schmidt, owner and CEO of United Yacht Sales.

GT65 Carolina - photo © Hatteras Yachts
GT65 Carolina - photo © Hatteras Yachts

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At the top level, Cobalt Boats joined President Trump at the White House for the Third Annual Made in America Product Showcase. Pack St. Clair, Founder and Shane Stanfill, President of Cobalt Boats located in Neodesha, KS had the privilege of representing the state of Kansas at President Trump's third annual Made in America Product Showcase on Monday, July 15. The event took place on the White House Lawn, displaying American-made products from all 50 states, including Cobalt's R5 Surf model.

Cobalt Boats representatives join President Trump at the White House for Third Annual Made in America Product Showcase - photo © National Marine Manufacturers Association
Cobalt Boats representatives join President Trump at the White House for Third Annual Made in America Product Showcase - photo © National Marine Manufacturers Association

Marina developments also make the news and Suntex Marina Investors LLC (Suntex), announced recently that the Fort Lauderdale City Commission has voted unanimously to approve plans for the renovation of Las Olas Marina. Suntex's initial bid was selected by the city in 2016 and the lease was signed on May 3, 2018. The City Commission gave final approval on July 9, 2019. The company has entered into a 50-year lease with the city to develop and operate the city-owned space. This will be a multi-million-dollar project and is in addition to the $70 million redevelopment by the City to create waterfront and beach access, a park, new parking facilities and renovate existing sidewalks.

Suntex moves forward with redevelopment of Las Olas Marina - photo © Andrew Golden
Suntex moves forward with redevelopment of Las Olas Marina - photo © Andrew Golden

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While not taking place in North America the Yacht Racing Forum plays an important part in the sailboat industry. The Yacht Racing Forum and Beneteau, the market leader for motorboats and leading sailboats producer, are pleased to announce the continuation of their partnership. Gianguido Girotti, Deputy Chief Executive Officer in charge of Product Strategy and Brands, will be the events' keynote speaker on day two, addressing the commercial case for the sport of sailing. "Beneteau has always followed the Yacht Racing Forum with great interest," he explains. "Given the quality of talks, participants and intellectual exchange, we felt it was our mission to be more actively part of it to further sustain the leading-edge technology and the sharing of ideas."

The Solitaire Urgo le Figaro 2019, sailed onboard the new Figaro BENETEAU 3, was a great success, demonstrating Beneteau's leading role in competitive sailing. - photo © Alexis Courcoux
The Solitaire Urgo le Figaro 2019, sailed onboard the new Figaro BENETEAU 3, was a great success, demonstrating Beneteau's leading role in competitive sailing. - photo © Alexis Courcoux

People in the news includes BoatUS Vice President of Government Affairs Chris Edmonston who has been elected chairman of the Sport Fishing and Boating Partnership Council. Senior-level representatives from state and federal wildlife agencies, saltwater and freshwater fishing organizations, recreational boating groups, recreational boating and fishing industries, conservation organizations, tribal representatives and the tourism industry comprise the 18-member body. The council advises the U.S. Secretary of the Interior on recreational fishing, boating and aquatic resource conservation issues.

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Last Friday, representative Mikie Sherrill visited Bridge Marina in Lake Hopatcong, New Jersey to discuss the controversial closure of the lake because of harmful algae blooms. NMMA encourages other members to work with them on scheduling visits with their respective elected officials; critically important opportunities for highlighting the recreational boating industry.

To industry members involved in the 30'+ power boat market, feel free to check out our power boat news site www.powerboat-world.com - a site dedicated to the daily news coverage of new boats, accessories, electronics and power units.

Peter Rendle - peter.rendle@marinebusinessworld.com

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Newport International Boat Show announces 2019 show partners and sponsors
Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today its line-up of sponsors for this year's show. A number of premier companies have committed and will play instrumental roles.

Vesper Marine smartAIS Data now available on Navionics Mobile Apps
Vesper Marine, a leading manufacturer of innovative marine safety products, have announced AIS data from Vesper Marine smartAIS transponders is now available on the Navionics apps Boating Marine & Lakes for Apple® devices.

Bridge Marina hosts representative Mikie Sherrill
Last Friday, Representative Mikie Sherrill visited Bridge Marina in Lake Hopatcong, New Jersey to discuss the controversial closure of the lake because of harmful algae blooms.

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Suntex Marinas' redevelopment of Las Olas moves forward
Suntex Marina Investors LLC (Suntex), the premier owner and operator of best-in-class marina properties, announced today that the Fort Lauderdale City Commission has voted unanimously to approve plans for the renovation of Las Olas Marina.

11th Hour Racing ambassadors choose to work with non-profits near their hometowns
11th Hour Racing announced today three new grantees within its Ambassador Program, which is comprised of a community of marine industry professionals committed to ocean health, and representing many sections of the sport of sailing

United Yacht Sales reports double-digit increase in 2nd quarter
United Yacht Sales, the world's largest professional yacht brokerage firm with more than 165 yacht brokers worldwide, reported that sales increased 26% in the second quarter of 2019 compared with the same quarter in 2018.

Allen Brothers MBW 300 Purchase Power   racegeek 600x500
A sad day for Ronstan
Today the Ronstan team mourns the passing of Ron Allatt, who died peacefully with his wife Jan at his side, on the 19th July, 2019. Ron was 89.

Bénéteau reiterates its support for the Yacht Racing Forum
Gianguido Girotti, Deputy Chief Executive Officer in charge of Product Strategy and Brands, will be the events' keynote speaker on day two, addressing the commercial case for the sport of sailing.

Union Marine receives the 2018 Marine Industry CSI Dealer Award
The National Marine Manufacturers Association and AVALA, Inc announced this week that Union Marine was awarded the 2018 Marine Industry CSI Dealer Award for their excellence in customer service for sales/and or service for Sea Ray Boats and Bayliner.

Cobalt Boats join President Trump at White House for Third Annual Made in America Product Showcase
Pack St. Clair, Founder and Shane Stanfill, President of Cobalt Boats located in Neodesha, KS had the privilege of representing the state of Kansas at President Trump's third annual Made in America Product Showcase

Chris Edmonston elected chairman of SF and Boating Partnership Council
Edmonston and the council will work on items such as improving access to recreational activities on America's waters, conserving fisheries and waterways, combating invasive species, and a wide array of other topics that impact boating and fishing.

New powerboat registrations up 3.3 percent through May
Preliminary data from the report shows new powerboat registrations were up 3.3 percent through May on a rolling 12-month year-over-year basis and up one percent on a rolling 3-month year-over-year (R3M YOY) basis.

Worry less about your boat with Simrad BoatConnect
Announcing the latest in remote, real-time vessel monitoring - Simrad BoatConnect™ provides boat owners with the ultimate peace of mind at an unparalleled value, keeping users informed of their boat's location, battery level, trip history and more.

Details of IBEX Industry and International Pavilions announced
This year's pavilions include the Marina & Yard on the first floor of the Tampa Convention Center; and on the third floor the Compliance, Standards, and Education; Composites; and the National Marine Electronics Association Connected Boat Experience.

MJM Yachts adds MarineMax to Florida Dealer Network
Bob Johnstone, Founder and CEO of MJM Yachts announced today that MarineMax has been appointed the MJM Yachts dealer for the Florida Gulf Coast, north to the Panhandle, and Florida Mid-Atlantic Coast, from Palm Beach to Indian River County.

With boat theft on the rise, now's the time for CamBoat
Every day, boat owners become victims of theft—either valuable electronics and engines or the entire vessel. With CamBoat™ from Glomex, adding a high-definition security camera is a cost-effective measure to help prevent break-ins

An evolution update on the Eagle Class 53 - Hybrid Wing & Foils
After a fantastic Caribbean winter sailing season, the Eagle Class 53 came back home to the Fast Forward Composites yard in Bristol, Rhode Island for some evolution.

C-Map releases North Carolina Precision Contour HD Chart
C-MAP®, a leader in digital marine cartography and cloud-based mapping, announced today the release of a new chart card in its series of digital fishing map cards, Precision Contour HD - North Carolina.

West Marine launches one-of-a-kind tool for boaters
West Marine is proud to announce the launch of its online tool created specifically for boaters, the Boat Commissioning Essentials. This tool is unique in the industry and designed to streamline the process of launching a new or used boat.

Marine Resources job updates
Marine Resources specialises in filling job vacancies within the Leisure Marine Industry. We have a variety of recruitment services to suit all types of marine employer.

Hubbell launches new interactive online catalog
To make it fast and easy for installers, distributors and end users to find the exact electrical components needed to complete a job, Hubbell Marine has created a new, comprehensive 56-page online catalog.

Fantastic lineup of speakers for the next Yacht Racing Forum in Bilbao
The next Yacht Racing Forum, in Bilbao, Spain (November 25-26) will once again reassemble the sport's leading personalities in one place during two days to network, debate the future of the sport and make business.

Reserve your seat: Grow Boating Marketing Summit at IBEX
This year's event offers a full day of learning with content curated especially for the recreational boating marketer, including featured speakers: Mari Smith, Heather Lutze, Marcus Sheridan, Jack Ellis and more.

Boating industry representatives attend White House event on environmental leadership
Yesterday, NMMA and several recreational boating industry executives joined President Donald Trump at the White House for a speech on the need to strike a balance between the country's environmental protections and energy requirements.

Colligo Marine: Racing to raise money for ALS
This year the Transpacific Yacht Club is celebrating their 50th anniversary of its biennial ocean race. The race begins on July 10th in Los Angeles. Sailors will be racing to Honolulu, Hawaii.

C-MAP announces new reveal charts for US East Coast
C-MAP Reveal cartography offers all the navigation data and capability of a C-MAP MAX-N+ card, plus ultra high-resolution bathymetric (HRB) imagery of the sea floor, including the clearest view of structure, wrecks, isolated reefs and ledges.

Outboard Engine Market players need to prioritize high boat offerings to consolidate their position
As per the key insights of a research, the global outboard engines market is estimated a substantial growth during the forecast period of (2019 -2029), owing to factors such as growing marine tourism, advanced features of outboard engines

Increased Oceanic fuel sender demand after Raymarine Axiom tie up
Oceanic Systems (UK) Ltd has gained huge success following Raymarine's latest LightHouse software upgrade release. The upgrade now fully supports Oceanic Systems' Fuel sender volumetric output and tank shape calibration system.

What everyone ought to know about the new Florida boat title law
Florida Governor Ron DeSantis' recent signing of a recreational boat title bill, the Uniform Certificate of Title Act (HB 475/S 676), offers recreational boat owners valuable consumer protections and may spur other states to follow suit.

2019 RFMC appointees show continued progress for recreational fishing and boating community
Commerce Secretary Wilbur Ross announced last week the 2019 Regional Fishery Management Council (RFMC) appointments. The strong showing from this year's class of appointments makes it clear that recreational fishing and boating remain key priorities

Travel smart with Zhik's regatta luggage range
Travelling to regattas, the dockside or boat park and just got a lot more sophisticated, and easier too. Zhik's new range of boating luggage offers many practical features for sailors and boaters to organise and carry their gear.

Inmarsat Fleet One exceeds 5,000 installations milestone
Inmarsat's Fleet One satellite connectivity solution for the leisure and fishing markets has surpassed the 5,000-installation landmark as the rate of service uptake continues to increase.

Navico appoints Knut Frostad President and CEO
Navico, parent company to the Lowrance®, Simrad®, B&G® and C-MAP® brands announced today that its Board of Directors has appointed Knut Frostad as President and Chief Executive Officer - assuming the role of outgoing chief executive, Leif Ottosson.

Australia's Maritimo on a roll with new USA network and team
Australian luxury motor yacht manufacturer, Maritimo, flush with a healthy forward order book out to 2021, is celebrating the first birthday of its restructured USA sales operation with a doubling in overall sales on the year before.

Simrad announces the first VHF Radio with AIS transmit/receive capability
Simrad Yachting - a leader in the design and manufacture of marine navigation, autopilot, radar, communications and fishfinding systems - announced today the new Simrad® RS40-B, the first VHF marine radio with AIS transmit and receive capability.

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