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The industry expands despite economic clouds - MarineBusinessWorld.com North America newsletter

16/10/2024


The industry expands despite economic clouds - MarineBusinessWorld.com North America newsletter

Maritimo 2023 S600 LEADERBOARD

Savvy Navvy 2024

2023 U.S. Statistical Abstract: Cruiser, Watersport, Fishing Boat and Trailer Sales Trends Report - photo © National Marine Manufacturers Association


Dear Recipient Name

NMMA's Recreational Boating Industry Monthly Data Summary for October 2024 is now available to download. The monthly summaries include performance indicators on wholesale and retail sales of new powerboats and outboard engines, economic metrics, and interactive graphs illustrating historical trends, making them a powerful tool to inform strategic decisions and keep industry stakeholders up to date on the economic trends shaping consumer demand.

There is also the latest sales trends report for cruisers, watersports, fishing boats and trailers, part of National Marine Manufacturers Association's 2023 U.S. Recreational Boating Statistical Abstract. The report examines retail unit sales for each category and by application, serving as the industry's go-to resource for historical data.

WhisperPower - photo © WhisperPower
WhisperPower - photo © WhisperPower

Mack Boring & Parts Co. announced today its partnership with Dutch manufacturer WhisperPower to exclusively distribute their full line of products in North and Central America. "We are very pleased to be bringing WhisperPower's compact generator technology to a wider recreational and commercial consumer base in the Americas," said Scott DuBrow, Director of Sales & Marketing, Mack Boring & Parts Co. "Our customers have been asking us for these products and we are confident they will be excited by the innovation and great value that WhisperPower provides."

Sialia Yachts - 57 Deep Silence - photo © Sialia Yachts
Sialia Yachts - 57 Deep Silence - photo © Sialia Yachts

Sialia Yachts is pleased to appoint the experienced team at Yacht Sales International as its dealer and distributor in the USA. The two companies will debut their collaboration at the upcoming Fort Lauderdale International Boat Show, held from October 30th to November 3rd, where they will showcase, among other models, the flagship vessel from the Sialia Yachts portfolio - the Sialia 57 Deep Silence.

Team Fortescue Zero - photo © Fortescue Zero
Team Fortescue Zero - photo © Fortescue Zero

Fortescue Zero has today announced its plans to begin operations at its U.S. Advanced Manufacturing Center in Detroit, by producing a HV Marine Battery Pack, made using its Scalable Battery Module technology. The standardised subpack has been designed, engineered and will be used by EVOA, a leader in the field of advanced marine propulsion, to power a range of luxury marine vessels, including wake boats and tenders.

TEMO.450 - photo © Temo
TEMO.450 - photo © Temo

TEMO has announced the creation of its subsidiary "TEMO USA Inc." in the United States (Delaware) with an operational unit in Portland, Maine. With a logistics center to manage goods and after-sales service, as well as sales offices with a dedicated team, the company is fully operational to accelerate the development of its brand in North America.

Taiga and Vita electric watercrafts in the San Francisco Bay - photo © Taiga Motors
Taiga and Vita electric watercrafts in the San Francisco Bay - photo © Taiga Motors

Taiga Motors Corporation announced this week that, in connection with the proceedings initiated in July under the Companies' Creditors Arrangement Act (Canada), the Superior Court of Québec has issued an order approving the acquisition of substantially all of the business of Taiga and its subsidiaries by Stewart Wilkinson.

Be Water Positive Sailing Team launches inaugural Pathway Program - photo © Canada Ocean Racing Inc
Be Water Positive Sailing Team launches inaugural Pathway Program - photo © Canada Ocean Racing Inc

To support the next generation of offshore Canadian sailors, the Canada Ocean Racing Be Water Positive Sailing Team proudly launched its inaugural Pathway Program on Georgian Bay, Ontario, Canada, from September 27-29. The program brought together four young sailors under the mentorship of Scott Shawyer, president/skipper, Ryan Barkey, boat captain, and Nick Moloney, CEO. Scott is currently training to compete in the solo non-stop round the world race, the Vendée Globe, in 2028.

WATCHIT's Smart Collision Prevention System - photo © ActiSense
WATCHIT's Smart Collision Prevention System - photo © ActiSense

WATCHIT's mission is clear: to prevent boating accidents, so that loss of lives and irreparable damage become things of the past. Their patented Smart Collision Prevention System gives boaters an unprecedented level of peace of mind while on the water. By seamlessly integrating with existing sensors and leveraging advanced AI algorithms, WATCHIT constantly scans the surroundings, identifies potential hazards, and provides real-time alerts to prevent collisions. This innovative solution eliminates the stress of sailing, allowing boaters to fully enjoy their recreational activities without compromising safety.

Midwest Women's Sailing Conference - photo © MWSC
Midwest Women's Sailing Conference - photo © MWSC

Midwest Women's Sailing Conference organisers are looking for a cover photo for 2025 conference materials. Do you have one you would like to share? The ideal picture shows faces and active sailing. Please send your photos by November 15.

More marine industry news at www.marinebusinessworld.com updated daily.

Stay energetic,
Peter Rendle - peter.rendle@worldmarine.media

Marskeel 2019 600x500   Trinidad and Tobago - Sail Service Stay


Navan to make its North American premiere at the 2024 Fort Lauderdale International Boat Show
At the 2024 Fort Lauderdale International Boat Show, NAVAN™, a brand under Brunswick Corporation (NYSE: BC), will officially enter the North American market.

Sportfishing Industry and Community Partners release policy recommendations for recreational fishing
The American Sportfishing Association (ASA), the trade association for the sportfishing industry, along with 16 conservation partners released a roadmap for the next Administration and Congress to support the interests of the sportfishing industry.

2023 U.S. Statistical Abstract: Cruiser, Watersport, Fishing Boat and Trailer Sales Trends Report
The latest sales trends report for cruisers, watersports, fishing boats and trailers, part of NMMA's 2023 U.S. Recreational Boating Statistical Abstract.

North Sails Loft 57 Podcast   Savvy Navvy 2024
Call for photos: Women sailing photos needed
We're looking for a cover photo for our 2025 conference materials. Do you have one you would like to share?

Sail, Service Stay in Trinidad and Tobago, your ultimate yachting destination
Sail... through azure waters and gentle breezes as you explore the enchanting islands of Trinidad and Tobago. Discover hidden coves, pristine beaches, and vibrant marine life.

Taiga obtains approval of restructuring acquisition transaction with backer of electric marine group
Taiga announced that the Superior Court of Québec has issued an order approving the acquisition of substantially all of the business of Taiga and its subsidiaries by Stewart Wilkinson.

Maritimo 2023 S-Series MPU   A+T Instruments BFD 2024 MPU
Two weeks left to register for the C.C. Marine Trade Show!
It pays you to plan now, to attend the C.C. Marine Distributors trade show this October... and bring your team!

Marine Auctions: October Online Auction
October Online Auction bidding to commence Thursday 24th October at 5am AEST.

Canada Ocean Racing - Be Water Positive Sailing Team launches inaugural Pathway Program
To support the next generation of offshore Canadian sailors, the Canada Ocean Racing Be Water Positive Sailing Team proudly launched its inaugural Pathway Program on Georgian Bay, Ontario, Canada, from September 27-29, 2024.

Selden ART   2024 fill-in (side)
Now Available: 2023 Pre-Owned Boat Market Sales Trends Report
The latest sales trends report for the pre-owned boat market, part of NMMA's 2023 U.S. Recreational Boating Statistical Abstract, is now available for download.

TEMO expands into United States
TEMO has announced the creation of its subsidiary "TEMO USA Inc." in the United States (Delaware) with an operational unit in Portland, Maine.

Groupe Beneteau accelerates implementation of its CSR strategy for responsible, sustainable boating
Several advances confirm the Group's environmental trajectory, such as the renewal of ISO certifications for all the French sites of its Boat division in France, a growing number of suppliers certified by EcoVadis.

Allen Dynamic 60 MPU   Marine Auctions 2019 600x500
Sialia Yachts announces Yacht Sales International as official dealer in North America
Sialia Yachts is pleased to appoint the experienced team at Yacht Sales International as its dealer and distributor in the USA.

Banshee Marine Audio wins IBEX Innovation Award
Banshee Marine Audio, a brand of the Poly-Planar Group, has announced its revolutionary VA1 Active VHF Extension Speaker was named a 2024 IBEX Innovation Award Winner in the Safety Equipment category.

October Report: Economic pressures contribute to market slowdown
NMMA's Recreational Boating Industry Monthly Data Summary for October 2024 is now available to download.

Cyclops 2024 Live Loads MPU 1   J Composites J/99
Coast Guard Foundation providing vital assistance to coast guard community following multiple storms
The Coast Guard Foundation announced today its continued assistance to Coast Guard families impacted by Hurricanes Helene, Beryl and Tropical Storm Debby, as well as those affected by glacial flooding in Juneau, Alaska.

Mack Boring & Parts Co. signs exclusive Americas distribution agreement with WhisperPower
Mack Boring & Parts Co. announced today its partnership with Dutch manufacturer WhisperPower to exclusively distribute their full line of products in North and Central America.

NMRA presents 2024 Mel Barr & Old Pro Awards at IBEX
Three marine industry veterans were recognized at IBEX 2024 in Tampa last week by the National Marine Representatives Association (NMRA) as the recipients of the 2024 NMRA Mel Barr and Old Pro awards.

RS Sailing 2021 - MPU   MBW Newsletter Sign-Up
Fortescue Zero's Marine Battery Pack to be first product built at Detroit Manufacturing Center
Fortescue Zero has today announced its plans to begin operations at its U.S. Advanced Manufacturing Center in Detroit, by producing a HV Marine Battery Pack, made using its Scalable Battery Module technology.

2024 NMMA Canada Hall of Fame announces call for nominations
Nominations are now being accepted for the 2025 NMMA Canada Hall of Fame. Inductees include those who have or continue to, generate substantial and lasting contributions toward advancing the marine industry.

CLiX wins Innovation Award at IBEX 2024
At the International BoatBuilders; Exhibition and Conference (IBEX) the Arthur Edison LLC device known as the CLiX received the coveted Innovation Award.

WATCHIT's Smart Collision Prevention System brings full NMEA 2000 integration
WATCHIT's mission is clear: to prevent boating accidents, so that loss of lives and irreparable damage become things of the past. Their patented Smart Collision Prevention System gives boaters an unprecedented level of peace of mind while on the water.

Cyclops Marine 2023 November - FOOTER

Trinidad and Tobago - Sail Service Stay

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