Please select your home edition
Edition
Maritimo 2019 HEADER

New Year brings an optimistic economic outlook - MarineBusinessWorld.com North American newsletter

16/01/2020


The New Year brings an optimistic economic outlook - North America MarineBusinessWorld newsletter

Maritimo 2019 HEADER

RS Sailing 2019 - Leaderboard

Chicago Boat Show - photo © George Burns


Dear Recipient Name

Happy New Year to all our subscribers and we hope that 2020 is a prosperous year for all marine businesses. While the world economy 'tiptoes' along at the moment it appears that President Trump is patching things up between the US and China with some relaxation in the current trade tariffs. This news is especially pertinent to gaining ongoing consumer confidence amidst the boat show season currently happening.

The 2020 Progressive Insurance Chicago Boat, RV & Sail Show, Progressive Insurance Kansas City Boat & Sportshow, and Progressive Insurance Nashville Boat Show run through Sunday, the first of NMMA's 16 winter boat and sportshows to kick off a big selling season for NMMA members and the industry nationwide.

Last week, the Progressive® Insurance Chicago Boat, RV & Sail Show® opened in McCormick Place. In its 90th year, the show will feature more than 600 power and sailboats and nearly 100 RVs. In addition to the array of this year's most innovative boats and products, the show is also launching the new interactive hub, the Discover Boating Experience (DBX). An area where guests can mingle, relax and enjoy short form seminars from experts about a variety of boating topics, DBX will also be a part of five other NMMA winter shows.

Marskeel 2019 600x500   Marine Auctions 2019 600x500

Longtime NMMA CMO Carl Blackwell steps down - photo © NMMA
Longtime NMMA CMO Carl Blackwell steps down - photo © NMMA

Subsequently the NMMA today announced that Carl Blackwell, its long-time chief marketing officer and president of Discover Boating, has decided to step down. The move comes as the Discover Boating campaign reaches key milestones and hits its stride in attracting new boaters to the boating lifestyle. The association has tapped Ellen Bradley, NMMA chief communications officer, to lead both marketing and communications. Blackwell will remain onboard through the end of March to ensure a smooth transition.

U.S. boat sales reached second highest volume in 12 years in 2019 - photo © Kelly Kaylor
U.S. boat sales reached second highest volume in 12 years in 2019 - photo © Kelly Kaylor

Some good news from the industry. the NMMA announced in a release recently that retail unit sales of new powerboats are estimated to have held steady in 2019 at approximately 280,000 units, the second highest total since 2007. The busy winter boat show season kicks off this week across the country and NMMA expects new powerboat sales to be up as much as 2 percent in 2020. "Sales in 2019 were nearly on par with the 11-year high we saw in 2018, even with some softening particularly in the freshwater fishing category, which we attribute to unseasonably cold and rainy weather in spring and early summer. Looking at 2020, with the economy on solid footing and key economic indicators like consumer spending remaining strong, we expect another healthy year for new boat sales, which could be up as much as 2 percent," said Frank Hugelmeyer, NMMA president. "With approximately $42 billion per year in retail expenditures, boating is not only an economic driver but a unique vehicle for the kind of meaningful experiences consumers are seeking more and more—ones that take you outdoors, bring together family and friends, and create lasting memories."

Melges 14 2019 MPU   Rooster GETSEASMART 300x250

VesselVanguard - photo © Andrew Golden
VesselVanguard - photo © Andrew Golden

Technology continues to play an important part of boating developments and VesselVanguard, the leading customer experience management platform for manufacturers and boat owners, announced today full integration with the Boatrax IoT gateway. VesselVanguard in collaboration with Boatrax, a Miami, Florida-based telematics services provider, have created back-end connectivity to process data from any IoT or telematics gateway. This solution simultaneously informs the owner and designated service providers of suggested next steps based on OEM recommendations factored within each digital boat profile.

The core functionality of the VesselVanguard cloud-based application is the automated delivery of pre-programmed maintenance instructions conforming to time-driven intervals recommended by the OEMs. By applying telematics data within the full context of the entire boat profile, greater value will be realized by each party to the boat ownership experience. This eliminates guesswork, provides meaning to given data and informs users of what tasks are ahead. Further, OEM recommended benchmarks established within the VesselVanguard profile can now be analyzed against known performance variables to suggest abnormal performance or potential failures.

Iridium is now formally authorized to provide GMDSS Service - photo © Iridium
Iridium is now formally authorized to provide GMDSS Service - photo © Iridium

While communications giant Iridium Communications Inc. (NASDAQ: IRDM) announced that on December 19, 2019 a Letter of Compliance was signed by the International Mobile Satellite Organization (IMSO), stating it has positively verified the operational and technical requirements as requested by the Maritime Safety Committee (MSC) of the International Maritime Organization (IMO) for Iridium to provide Global Maritime Distress and Safety System (GMDSS) service. The Letter of Compliance was formally presented to Iridium CEO Matt Desch by the Director General of IMSO, Captain Moin Ahmed, during a ceremony at Iridium's headquarters on the morning of January 13, 2020. The issuance of the letter formally authorizes Iridium to now provide satellite GMDSS service, bringing truly global coverage and a choice of both network and equipment to this critical emergency service for the first time.

Selden CX & GX Furling Systems 600x500   Vaikobi 2019AUG - MPU 3

American Boating Congress 2020 - photo © National Marine Manufacturers Association
American Boating Congress 2020 - photo © National Marine Manufacturers Association

And if you want to play a part in the industry's development, registration for the 2020 American Boating Congress (ABC) is now open and NMMA is encouraging all stakeholders to reserve their spot today. Register now for this event. ABC 2020 - the recreational boating industry's annual advocacy summit in Washington, D.C. - will be held on Tuesday, May 12 through Thursday, May 14. For the first time the event moves to the InterContinental located at The Wharf - a remarkable, mile-long stretch of waterfront property along the Potomac River.

There is lots more industry marine news on our www.marinebusinessworld.com/NorthAmerica website and we welcome your latest news including new products, new people, new location, new job vacancies or event promotions.

Peter Rendle - peter.rendle@marinebusinessworld.com

North Sails 2019 - NSVictoryList - 600x500   Zhik 2019 Outlet Sale SW MPU


Marquis Yachts' plan for 2020 is built on the back of 2019's achievements and accomplishments
2019 was a year to remember for Marquis Yachts. What started out as a somber year with the passing of Marquis Yachts' owner, Irwin Jacobs rebounded with many achievements and accomplishments the more than 300 associates have celebrated.

Raymarine: Fully loaded
The Caliente Fishing Team has competed in fishing tournaments for over 22 years throughout Florida, the Gulf of Mexico, and up and down the Atlantic Coast.

Volvo Penta's new edition D13 IPS1350 now powering larger semi-displacement yachts
The new edition Volvo Penta D13 propulsion system delivers the benefits of the Volvo Penta Inboard Performance System (IPS) to semi-displacement large yachts.

RS Sailing 2019 - MPU   Maritimo 2019 MPU
Iridium now formally authorized to provide GMDSS Service
Iridium announced that on December 19, 2019 a Letter of Compliance was signed by the IMSO, stating it has positively verified the operational and technical requirements as requested by the MSC of the IMO for Iridium to provide GMDSS service.

Longtime NMMA CMO Carl Blackwell steps down as Discover Boating reaches key milestones
NMMA today announced that Carl Blackwell, its longtime chief marketing officer and president of Discover Boating, has decided to step down.

Built in Zenda: 75 years of quality boat building 1945-2020 at Melges
Although the company evolved from humble beginnings as a wooden flat-bottom rowboat builder to the creators of the highest quality hulls, sails, covers and accessories, the commitment to detail, community building, and passion for the sport has remained.

upffront 2018 Cousin Constrictors 20% Off 300x250   PBW Newsletter Sign-Up
Winter boat show season kicks off this week in Chicago, Kansas City and Nashville
The 2020 Progressive Insurance Chicago Boat, RV & Sail Show, Progressive Insurance Kansas City Boat & Sportshow, and Progressive Insurance Nashville Boat Show run through Sunday

Revere Survival brings latest safety innovation to Miami International Boat Show
Revere Survival Inc will once again be bringing its latest range of lifesaving equipment to the Progressive Miami International Boat Show when it opens on February 13.

VesselVanguard integrates telematics data with digital boat profiles
VesselVanguard, the leading customer experience management platform for manufacturers and boat owners, announced today full integration with the Boatrax IoT gateway.

U.S. boat sales reached second highest volume in 12 years in 2019, expected to remain strong in 2020
NMMA announced in a release today retail unit sales of new powerboats are estimated to have held steady in 2019 at approximately 280,000 units, the second highest total since 2007.

C-MAP launches Web Map Tiling Service (WMTS)
C-MAP, a leader in digital marine cartography and cloud-based mapping, announced today the launch of the C-MAP Web Maps Tiling Service (C-MAP WMTS) for developers.

Register for the American Boating Congress - Take advantage of early bird pricing today
Registration for the 2020 American Boating Congress (ABC) is now open and NMMA is encouraging all stakeholders to reserve their spot today.

Riviera 505 SUV world premiere headlines seven-yacht display at Miami Yacht Show in February 2020
An outstanding showcase of seven luxurious, master-crafted motor yachts from Australia's premier motor yacht builder Riviera, will take pride of place at the prestigious Miami Yacht Show in February 2020.

Fusion launches MS-RA210 featuring revolutionary digital signal processing technology
Fusion®, a worldwide leader in marine audio entertainment, launches the successor to the highly popular MS-RA205, the new MS-RA210, packed with revolutionary Fusion Digital Signal Processing (DSP) technology and a new aesthetic design

Premier program for Quad 44 Catamaran
Quad Marine is pleased to announce that we are gearing up to start production of the Quad 44 electric Catamaran in France beginning in 2020. France is home to many of the most advanced and experienced shipyards on the planet

Evinrude launches new 150 HP Power Tiller
Evinrude announced today the industry's first 150 HP tiller controlled outboard with integrated power steering assist and digital shift and throttle, the E-TEC G2 Power Tiller.

NMMA October Powerboat Registrations Report: Retail unit sales on R3M rise
NMMA today announced its October New Powerboat Registrations Report showing new powerboat retail unit sales were up 5 percent on a rolling 3-month year-over-year (R3M YOY) basis and down 1 percent on a rolling 12-month year-over-year (R12M YOY) basis.

Marine Auctions - Forthcoming Online Auctions in January 2020
Marine Auctions forthcoming January 2020 online auctions brochure.

MarsKeel powers Saildrone's Historic Transatlantic Voyage
Saildrone (SD 1021), the world's first unmanned surface vessel (USV), made use of MarsKeel's unique lead ballast system to complete its record-breaking 3,402-nautical mile transatlantic voyage.

Volvo Penta announces executive leadership appointments for Americas Region
Volvo Penta of the Americas today announced the appointment of Yichen Gu to Vice President of Parts and Accessories, as well as the promotion of Marcelo Puscar to Vice President of Marketing.

Marine Resources 2019 - Footer

Melges IC37 2019 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
North Sails 2019 - NSVictoryList - FooterZhik 2020 AnneMarieRindom FOOTERMaritimo 2019 Footer